NewsReports

The Peoples Democratic Party,PDP, Governors’ Forum on Friday kicked the outcome of the Court of Appeal sitting in Port Harcourt,Rivers State that reinstated Senator Ali Modu Sheriff as as the National Chairman of the Party,describing it as a rape on the Nation;s democracy. Addressing news men in Abuja yesterday, the Chairman of the Forum who is also the Ekiti state …

The crisis in the Peoples Democratic Party, PDP worsened yesterday after the Court of Appeal sitting in Port Harcourt sacked the Senator Ahmed Makarfi led National Caretaker Committee which enjoys the support of the mainstream of the party and its organs. The Appellate Court by a 2-1 majority affirmed that the party offended its own constitution in the way and …

Petrol subsidy is back. The Nigerian National Petroleum Corporation has been offsetting for months the difference between the landing costs of petrol and the pump price. In series of interviews with knowledgeable players in the sector, NAN can report authoritatively that the landing costs per litre of petrol is higher than the price Nigerians pay at the pump. According to …

By Lisa Ferdinando – DoD News WASHINGTON — The bond between the United States and its NATO allies is a critical component in regional and global security, Defense Secretary Jim Mattis said at an international security conference in Germany on Friday. “As guardians for our nations and as sentinels for new threats we all see our community of nations under …

Donald Trump dismissed reports of chaos and conspiracy in his administration and claimed his team is running like “a fine-tuned machine” during an extraordinary press conference at which he tried to reset his beleaguered presidency. In a boisterous and often bizarre session, he fired off numerous broadsides at the media as he skipped from topic to topic in what critics …

It was an exhausting 77-minute extravaganza, and any five-minute segment would have been enough to make front-page headlines around the world. For the president of the United States, the simple act of sneezing can be newsworthy. When the president goes on a freeform monologue, occasionally interrupted by questions, that is almost the length of a motion picture, as Donald Trump …

Rising from its first meeting for the year, the National Economic Council (NEC), Thursday, expressed concern over the current situation of the exchange rate and called for an urgent review of the current Forex Policy by the Central Bank of Nigeria (CBN). As at yesterday, the interbank exchange rate stood at N315 to a dollar, with the parallel market rate …

Governors of the 36 states of the federation, under the aegis of the Nigeria Governors Forum (NGF), have said they are ready to face the Economic and Financial Crimes Commission (EFCC) over alleged probe of N522 billion Paris Club refund bailout. In December 2016, the Federal Government released N522 billion Paris Club debt bailout to states, to enable them meet …

Independent National Electoral Commission (INEC) yesterday disclosed that it would commence distribution of permanent voters’ cards (PVCs) to their owners in Rivers State. Resident Electoral Commissioner (REC), Elder Aniedi Ikoiwak, who disclosed this in Port Harcourt, said said due to series of elections in the state from 2015, the commission was unable to distribute the cards to their owners. “It …

Justice Muslim Hassan of the Federal High Court in Lagos has ordered the permanent forfeiture of a sum of $153,310,000, which was said to have been diverted from the coffers of the Nigerian National Petroleum Corporation by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The judge ordered that the money should be permanently forfeited to the Federal Government. …