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When one hears that a dictionary has been revised, it simply means that an alphabetical list of words and phrases supplied with definitions and/or translations have been added or at times have been removed in other to make it more accurate or realistic and bring out a version that is …

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Kidnap in Ebonyi

Police in Ebonyi State have rescued a five year old boy kidnapped in Ohaukwu local government area of the State. The Commissioner of the police in the State in the area Mrs. Peace Ibekwe-Abdallah made this known in an interview with Radio Nigeria in Abakaliki. She explained that the victim …

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We’ll not devalue the naira – Buhari

President Muhammad Buhari has said that his administration would not support the devaluation of the Naira. Speaking on the Presidential media chat, he explained that the argument by proponents of devaluation of the Country’s currency lack statistics that the decision would address the current economic problems in the Country. President …

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Federal Governmemnt To Introduce Zero Based Budget System

Yemi Osibanjo

The Federal Government has announced plans to introduce a zero based budget system as a step towards fighting corruption and blocking leakages in the public service. Speaking at the Nigerian Economic Summit yesterday, Vice President Yemi Osinbanjo said that the initiative would require ministries, departments and agencies to justify their …

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NSE Closed On A Bullish By 0.17 Per Cent

picture of Nigerian stock exchange trading

Meanwhile Equities closed positive yesterday lifting the major market indicators marginally. Following gains by 23 stocks, as against 19 losers, the Nigerian Stock Exchange All-Share Index rose by 0.17 per cent closing at 30,359.47 basis points. The market capitalisaiton of the listed equities also rose by 0.17 per cent and …

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CBN, Lagos unveil cheap loans for graduates

The Central Bank of Nigeria, CBN has unveiled special funds to be disbursed as cheap loans to graduates. Also, the Lagos State governor, Akinwunmi Ambode, said the state was set to commence the disbursement of the N25 billion Employment Trust Fund which it said would be given out at less …

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FIRS: Senate confirms Fowler as Chairman

The Senate has confirmed Dr William Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service (FIRS). Fowler’s appointment was confirmed on Wednesday, December 10, 2015, after he was screened by the Senate Committee on Finance. He was appointed by President Muhammadu Buhari on Thursday, August 20, 2015 …

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Court orders detention of Dokpesi in EFCC custody

The Federal High Court sitting in Abuja has again ordered the founder of DAAR communication Plc and owner of African Independent Television (AIT), Chief Raymond Dokpesi, to be remanded in the custody of the Economic and Financial Crimes Commissions (EFCC) till Monday, December 14 when ruling on his application for …

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