For today, Thursday, August 31, 2017:


Osinbajo takes over FG’s team in talks with ASUU

President Muhammadu Buhari yesterday appointed Vice President Yemi Osinbajo to lead the Federal Government’s team to negotiate with the striking Academic Staff Union of Universities (ASUU) to facilitate the resolution of some of the contentious issues.

South-east governors’ bid to stop agitation for Biafra fails

After four hours of a closed-door meeting yesterday at the Enugu Government House, the governors of the south-east zone could not convince the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, to drop his agitation for Biafra Republic.

Billionaire kidnapper, Evans arraigned, pleads guilty

After 82 days in detention, suspected billionaire kidnapper, Chukwudumeme Onwuamadike, also known as Evans has pleaded guilty on a two-count charge of conspiracy and kidnapping.



Who is Lagos Police Commissioner?

Uncertainty, yesterday, trailed the reported redeployment of Fatai Owoseni out of Lagos State as the Commissioner of Police by the Inspector General of Police, Ibrahim Idris, as Owoseni told newsmen at the Police Officers Mess, Ikeja, that he remains the substantive CP of the state.

FG holding hundreds in secret facilities - Amnesty International

Hundreds of people are being held in secret detention in Nigeria, Amnesty International said, yesterday, at an event to mark the International Day of the Disappeared.

Kidnapping: I’m guilty, Evans, 2 others tell court

NOTORIOUS kidnapper, Chukwudumeme Onwuamadike aka Evans, yesterday, pleaded guilty to the two-count charge of conspiracy and kidnapping preferred against him by Lagos State.



ASUU strike: No end in sight, Osinbajo heads govt negotiating team

There seems to be no end in sight to the strike by the Academic Staff Union of Universities as the Federal Government says it is still studying the fresh demands made by the union.

US probes Sinopec for alleged $100m bribe payments to Nigerian officials

United States’ authorities are investigating China Petroleum & Chemical Corporation  over allegations that the state-controlled oil producer paid Nigerian officials about $100m worth of bribes to resolve a business dispute, according to people familiar with the probe.

Wuraola debunks infidelity rumour, says marriage with Ooni over

Benin, Edo State-born businesswoman, Wuraola Zaynab Otiti-Obanor, has described as untrue a rumour that she indulged in infidelity in her relationship with the Ooni of Ife, Oba Adeyeye Ogunwusi.



How Private Universities Forced JAMB to Lower Cut-off Mark

Abysmally low student enrolment into private universities in the country has been identified as the major reason the Joint Admissions and Matriculation Board (JAMB) recently lowered the minimum cut-off mark for Nigerian universities in the 2017/2018 academic session to 120.

Fidelity Bank’s Half-year Profit Soars 67% on SME, Retail Strategy

Nigerian lender, Fidelity Bank, has reported a strong financial performance in the first half of 2017, posting impressive growth in profits, gross earnings and other indices for the six months period ended June 30, 2017.

Audit Report: PAYE of Security Personnel, Abuja Residents Not Remitted to Treasury

The financial statement on the accounts of the federation for the year ended December 31, 2015, has shown that the personal income taxes of Armed Forces personnel, the Nigeria Police Force, Ministry of Foreign Affairs and residents of the Federal Capital Territory (FCT) Abuja, were not captured in the Consolidated Revenue Fund (CRF) for that year.



Foreign insurers consolidate presence in Nigeria’s insurance industry

Germany-based insurance giant, Allianz has become the latest foreign entrant into Nigeria’s insurance industry.

Importers groan over delays, alleged inefficiency of service providers

Importers using Nigerian ports as destination for their cargoes have raised alarm over the growing level of avoidable cost of doing business, a fall out of inefficient and poor customer service by private sector providers.

Sinopec Probed by the U.S. Over Nigeria Payments

U.S. authorities are investigating China Petroleum & Chemical Corp. over allegations that the state-controlled oil producer paid Nigerian officials about $100 million worth of bribes to resolve a business dispute, according to people familiar with the probe.