BREAKING: PDP Crisis: Court sacks Makarfi, reinstates Ali Modu Sheriff

BREAKING: PDP Crisis: Court sacks Makarfi, reinstates Ali Modu Sheriff

A Federal High Court in Lagos has nullified the national caretaker committee constituted by the Peoples Democratic Party during last Saturday’s convention.

Oil drifts lower on stronger dollar

Oil drifts lower on stronger dollar

Oil dipped Tuesday as a stronger US dollar and progress in controlling wildfires in Canada’s crude-producing Alberta province dampened prices.

No Difference Between Boko Haram And The Niger Delta Avengers

No Difference Between Boko Haram And The Niger Delta Avengers

All things considered, the Niger Delta Avengers are no different from the Boko Haram criminality in the Northern part of Nigeria, and if I wanted to be too strict, I would say that the Niger Delta Avengers are more deadly, more destructive,  more dangerous and consequently more devilish.

#PanamaPapers: How ex-NNPC GMD Operated Secret Account To Buy Posh Property While In Office

#PanamaPapers: How ex-NNPC GMD Operated Secret Account To Buy Posh Property While In Office

A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Abubakar Lawal Yar’Adua, bought a posh house worth £890,000 in London using a secret offshore company he registered in the British Virgin Island.

nigeriaoiltanker

Forex: We get credit facility from outside investors – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it gets credit line from outside investors to access foreign exchange to import petroleum products in the country.

Apologise, refund N10B wasted on PDP convention, APC tells Wike

Apologise, refund N10B wasted on PDP convention, APC tells Wike

Rivers State Governor, Chief Nyesom Wike, has been told to apologise and refund the N10 billion from the State coffers which he wasted on last Saturday’s inconclusive National Convention of the Peoples Democratic Party (PDP).

We removed Ali Modu Sheriff to save PDP – Fayose

Court bars Sheriff as PDP Chair, orders recognition of Markarfi led caretaker committee

A Federal High Court sitting in Port Harcourt has granted an interim injunction restraining the immediate past National Chairman of the Peoples Democratic Party, Senator Ali Modu Sheriff  and Professor Adewale Oladipo who were removed from office at the PDP National Convention held on Saturday May 21, 2016, from parading themselves as National officers of the Party pending the hearing and determination of the motion on notice brought before it by the Peoples Democratic Party.

We will go and dialogue with them: Kachikwu on Niger Delta Militants

We will go and dialogue with them: Kachikwu on Niger Delta Militants, Tompolo Launches Manhunt for Niger Delta Avengers

Contrary to application of brutal force against militants in the Niger Delta region, the federal government has been advised to engage the vandals who have been attacking oil installations in the region in dialogue.

GoodLuck Jonathan from Ivory Coast: I am not in exile

GoodLuck Jonathan from Ivory Coast: I am not in exile

Former President Goodluck Jonathan has disputed Monday’s media report that he had opted to go on exile in Cote d’Ivoire, confirming, however, that he was indeed in the West African country, but was not in exile.

Chinese investors eye energy, rail, communication sectors

Chinese investors eye energy, rail, communication sectors

A group of investors from China on Monday in Abuja, expressed investment interest in energy, railway and communication sectors of Nigeria’s economy.

Minister seeks reorientation of Nigerians to benefits of zero-based budgeting

Minister seeks reorientation of Nigerians to benefits of zero-based budgeting

Mrs Zainab Ahmed, the Minister of State for Budget and National Planning, has called for reorientation of Nigerians to understanding the benefits of zero-based budgeting (ZBB).

Metuh got N400m for Jonathan’s image laundry –Witness

Metuh got N400m for Jonathan’s image laundry –Witness

A lawyer and defence witness in the trial of Chief Olisa Metuh, National Publicity Secretary of the Peoples Democratic Party (PDP), Mr. Anthony Okeke, yesterday disclosed that the image of former President Goodluck Jonathan was battered by the then opposition All Progressives Congress’ “smear campaign”.

Labour: Divided you fail

Labour: Divided you fail

Many Nigerians believe that the main reason why the nationwide strike over petrol price hike called out by the Nigeria Labour Congress was not effective is that Nigerians were not interested in the strike. That might be true. But we have overlooked the role a divided labour union has played.

Govt opens up airport concession to foreign investors

Govt opens up airport concession to foreign investors

The Federal Government on Monday said foreign investors were free to take part in the planned concession of the nation’s four major airports.

NNPC didn’t remit N1.1tn in 2013 – NEITI

NNPC didn’t remit N1.1tn in 2013 – NEITI

The Nigeria Extractive Industries Transparency Initiative has accused the Nigerian National Petroleum Corporation of not remitting $3.8bn (about N748.6bn at the current official rate of N197 to a dollar) and N358.3bn to the Federation Account in 2013 in its latest audit report.