NAIJA BIZ

NEXIM Bank issues rebuttal following explosive N50 billion fraud allegation

Following numerous claims accusing Abba Bello, the Managing Director of Nigerian Export-Import Bank (NEXIM Bank) of diverting the whopping sum of N50 billion, the organisation finally issued a rebuttal yesterday in an attempt to clear its name. A detailed statement that was signed by NEXIM Bank’s Corporate Communications Department described the accusations as false. The […]

NAIJA BIZ

How to access new CBN’s Agric fund

The Central Bank of Nigeria (CBN) has unveiled guidelines for a Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS) and Micro, Small and Medium Enterprises Development Fund (MSMEDF). This was disclosed by the apex bank via its website on Tuesday. The guidelines also included the Accelerated Agricultural Development Scheme (AADS) […]

Naija News

Presidential panel detaining Magu not police: IGP Adamu

The Nigerian Police are not detaining the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), CP Ibrahim Magu. Rather, he is being detained by the Justice Ayo Salami Presidential Panel, investigating the activities of EFCC under Magu’s stewardship. IGP Mohammed Adamu made the startling clarification in a letter to Magu’s lawyer. The […]

Naija News

Ex-minister Labaran Maku’s brother, wife kidnapped, sister killed

Unidentified gunmen have killed the sister of former minister of information, Labaran Maku and also kidnapped his elder brother and wife. Maku’s brother was identified as Salisu Usman-Maku, an officer with the Nigeria Immigration Service. According to a family member, gunmen stormed the family house in Gudi village of Akwanga Local Government Area in the […]

Naija News

Akwa Ibom issues sack threat to striking doctors, nurses

The Akwa Ibom Government has warned striking health workers in the state that they risk being sacked if they do not resume work immediately. Commissioner for Information, Mr Charles Udoh gave the warning on Wednesday. He said the strike embarked upon by the workers was ill-conceived, unnecessary and politically motivated. The health workers declared a […]

Naija News

Gov. Oyetola stops salaries of footballers, coaches, other athletes

Governor Gboyega Oyetola of Osun has stopped the wages and salaries of contract coaches and athletes, including staff and players of the state-owned football clubs, Osun United and Osun Babes. Tajudeen Amodu, the Media Officer of Osun United, said news of the salary suspension was conveyed in a letter signed by the Acting General Manager […]

football sports

Obafemi Martins returns to Shanghai

Nigeria international Obafemi Martins has rejoined Chinese side Shanghai Shenhua, the Chinese FA Cup winners said on Wednesday. Martins, 35, joins the club more than two years since his last competitive match. The Chinese club did not reveal details of Martins’ contract, however, the Nigerian replaces compatriot Odion Ighalo who is on loan at Manchester […]

Foreign hub

Trump claims credit for making UK ban Huawei

U.S. President Donald Trump said he was responsible for Prime Minister Boris Johnson’s decision to ban Huawei from Britain’s 5G network. Johnson on Tuesday ordered Huawei equipment to be purged completely from Britain’s 5G network by the end of 2027, risking the ire of China by signalling that the world’s biggest telecoms equipment maker was […]

Naija News

Senate to Buhari: Deploy military to crush bandits, insurgents in Jigawa

The Senate has urged the President Muhammadu Buhari-led government to direct the immediate deployment of a Semi-Permanent Platoon of soldiers to decisively uproot bandits and insurgents seeking refuge in Jigawa communities after fleeing the wrath of security agencies in some northern states. The call was made by the upper chamber on Tuesday following consideration of […]

Naija News

NDDC crisis: Akpabio reacts to Joy Nunieh’s sexual harassment allegation

Senator Godswill Akpabio, Minister of Niger Delta Affairs, has denied allegation of sexual harassment against him by Mrs. Joy Nunieh, a former Managing Director of the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC. He described the allegations as corruption fighting back from those resisting “the wind of change.” Speaking at a […]

Naija News

NDDC: Akpabio clears air on missing N40b

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has cleared the air on the allegations of missing N40billion. Nunieh on Monday raised a fresh allegation against Godswill Akapbio, Minister of Niger Delta Affairs. Among other claims against the Minister, Nunieh alleged that Akpabio attempted to inflate the NDDC budget during her reign as Managing […]

Naija News

Youths with ‘Terrible spirit of end time’ – Mike Bamiloye replies Nigerians attacking Adeboye

Mike Bamiloye, an evangelist and founder, cum president of Mount Zion Drama Ministry and Mount Zion Television has called out some Nigerian youths who attacked Pastor Enoch Adeboye of the Redeemed Christian Church of God, RCCG, over his birthday message to his wife. DAILY POST recalls that Adeboye on Monday in his message to his […]

Naija News

Taraba NLC chairman, Peter Gembo reportedly dies Of COVID-19

The chairman of the Nigerian Labour Congress (NLC) Taraba State chapter, Comr. Peter Gembo has reportedly died of coronavirus at the Federal Medical Center FMC Jalingo. Gembo, who died at about 12 midnight on Wednesday, was reported to have been sick with high fever before he passed on. The treasurer of the state NLC, who […]

Foreign hub

Gokada CEO Fahim Saleh brutally murdered in New York, dismembered with electric saw

Fahim Saleh, the CEO of Lagos-based Gokada, was found dead in New York on Tuesday, his body dismembered with an electric saw by his killer. According to Police, his body was cut up and sorted into different plastic bags. An electric saw which was still plugged in was also found in the apartment. The incident […]

football sports

Arsenal vs Liverpool: Mikel Arteta told to get rid of three players

Former Arsenal player, John Hartson has urged coach, Mikel Arteta, to sell David Luiz, Shkodran Mustafi and Sead Kolasinac this summer’s transfer window. Hartson believes Arteta needs to reshuffle his Arsenal defence this summer ahead of next season. He stated this ahead of Arsenal’s Premier League clash against Liverpool on Wednesday night. Arsenal head to […]