NewsReports

Lagos—Former Minister of Aviation, Chief Femi Fani-Kayode has expressed joy at his acquittal in respect of the money laundering case against him. He said henceforth, instead of David Oluwafemi Fani-Kayode, “It shall be David Oluwafemi Olukayode. Olukayode means “the Lord has brought me joy” and today he has done precisely that”. Fani-Kayode, was, yesterday, discharged and acquitted by a Federal …

By Alltimepost.com WASHINGTON – U.S. Defense Secretary, Ash Carter on Wednesday said some service members would be working worldwide on July 4th to secure the country and protect citizens, allies and partners. Carter wished the men and women of the Defense Department a well-deserved Independence Day holiday. The Defense Chief was joined by Chairman of the Joint Chiefs of Staff, …

ABUJA— Immediate past Co-ordinating Minister for the Economy & Minister of Finance, Dr. Ngozi Okonjo-Iweala, yesterday described as “false and malicious,” the allegation by Governor Adams Oshiomhole of Edo State, that she spent $2.1 billion from the Excess Crude Account, ECA, without authorization. Speaking through her Media Adviser, Mr. Paul Nwabuikwu, in Abuja, the ex-minister said that there was no …

President Muhammadu Buhari, Tuesday, appointed Mrs Amina Bala Zakari as the Acting Chairman of the Independent National Electoral Commission (INEC) following the conclusion of the term of Office of Prof. Attahiru Jega. FACT 1 Amina Bala Zakari, Nee Husaini Adamu, was born on the 23rd of June 1960. FACT 2 She hails from Kazaure Local Government of Jigawa State. FACT …

Prof. Attahiru Jega on Tuesday bowed out of office as Chairman of the Independent National Electoral Commission. He handed over to Mohammed Wali, a national commissioner of the INEC from Sokoto State, whose five-year tenure will also expire on August 11, 2015. Jega was appointed chairman of the commission by former President Goodluck Jonathan on June 30, 2010. He conducted …

Authorities of the Presidential Villa, Abuja have ordered a comprehensive audit of security personnel and forces deployed in the seat of power. The audit may have been necessitated by the ongoing inter-agency rivalry in the Villa. According to a memo signed by the Aide-De-Camp to the President, Lt. Col. Lawal Abubakar, the exercise was needed for “accountability and deployment.” The …

The Central Bank of Nigeria on Tuesday extended the deadline for the Bank Verification Number registration by four months from June 30 to October 31, 2015. The apex bank disclosed this in a circular issued to all Deposit Money Banks operating in the country. The circular dated Tuesday, June 30 with reference number BPS/DIR/GEN/CIR/02/008 was signed by the Director, Banking …

The National Economic Council chaired by Vice President Yemi Osinbajo on Monday set up a four-member committee to scrutinise the accounts of the Nigerian National Petroleum Corporation and the Excess Crude Account managed by the last administration. The probe was meant to unravel N3.8trillion not remitted to the Federation Account by the NNPC between 2012 and May 2015 as well …

President Muhammadu Buhari on Monday, again promised that his administration will give the highest possible priority to the rapid improvement of power supply across the country. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while granting audience to officials of CGGC, the Chinese Construction Company working on the Mambilla Power …

The Federal Government has appointed Mr Mordecai Danteni Ladan, to oversee the activities of the Department of Petroleum Resources, a statement posted on the website of the DPR on Monday stated. According to the statement, Ladan is to take over from the former DPR Director, Mr George Osahon, whose tenure elapsed on June 19. It said that a memorandum dated …