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Nigeria Is Ready To Roll Out Digital Broadcasting

AFTER several years of unsuccessful move by successive administrations to switchover from analogue to digital broadcasting, the administration of President Muhammadu Buhari has at last edged the country into the league of digital world. Nigeria transited from analogue to digital television viewing on April 30, 2016 in the city of …

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Economic Recession: IMF offers Nigeria, others zero-interest loans

The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest rate in order to stimulate their recovery. The Managing Director, IMF, Christine Largade, said this on Thursday in Washington DC, United States, at the ongoing annual meetings of the World …

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Nigerian Government withdraws forgery charges against Bukola Saraki, Ekweremadu

The Federal Government of Nigeria has filed a motion to withdraw the charge of criminal conspiracy against Senate President Bukola Saraki and his Deputy, Ike Ekweremadu. An affidavit in support of the motion was filed before the High Court of Federal Capital Territory on Thursday by a litigation officer from …

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China To Inject Additional $70b Into The Nigerian Economy

The Minister of State for Petroleum, Dr Ibe Kachikwu, on Wednesday said Chinese private sector companies had pledged an additional investment of 70 billion dollars to the Nigerian economy. Kachikwu said this while addressing State House correspondents on the outcome of the Federal Executive Council (FEC), presided over by President …

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The Chinese Yuan Joins IMF’s Elite Reserve Currency Club

Chinese national currency, Yuan, is now the fifth member of the prestigious SDR basket on Saturday. Analysts are in agreement on the need for reforms to make it a globally and freely traded currency. China’s currency joins an elite group of reserve currencies created by the International Monetary Fund. Yuan in …

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Justice Walter Onnoghen may emerge as Nigeria’s new Chief Justice

The Federal Judicial Service Commission has recommended Justice Walter Onnoghen to the National Judicial Council for further recommendation to President Muhammadu Buhari as the new Chief Justice of Nigeria. Mr. Onnoghen is to replace Justice Mahmud Mohammed whose tenure ends November 10. Sources within the NJC confirmed that the recommendation …

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Bukola Saraki fails in yet another attempt to stall his CCT trial

Senate President Bukola Saraki has again failed to prevail on the Code of Conduct Tribunal, CCT, to suspend further hearing on the charges against. Saraki who is facing a 16-count charge before the tribunal also failed to disqualify the Chairman of the tribunal, Justice Danladi Umar, from hearing the case. …

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Kidnapped Former Minister And Husband Released

The Police Command in Kaduna State has confirmed the release of the immediate past Minister of Environment, Mrs Laurentia Malam, and her husband, Pius, who were kidnapped on Monday. The couple was abducted along Bwari/Jere axis on Kaduna-Abuja highway on Monday evening. The Command’s spokesman, Mr. Aliyu Usman, told the …

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Nigeria Accuses Western Powers Of Conspiracy To Stop It Building Power Plants

The Nigerian government has accused western powers of being a stumbling block to Nigeria’s effort to improve its electricity output through the use of coal. The Minister of Finance, Kemi Adeosun, made the allegation on Wednesday in Washington, U.S.A., during a discussion on the importance of addressing infrastructure gaps in …

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