POLITICS

ADAMS TO GODWIN: YOU CANT CREATE ALTERNATIVE POWER BLOC IN EDO_Ehiabhi Eugene

National chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole has given the reason for the ongoing power tussle between him and the Edo state governor, Goodwin Obaseki. Speaking in a television programme, the APC chairman said Governor Obaseki’s move to create an alternative power bloc in Edo state by deliberately stripping existing party… Continue reading ADAMS TO GODWIN: YOU CANT CREATE ALTERNATIVE POWER BLOC IN EDO_Ehiabhi Eugene

POLITICS · RELIGION

CAN REACTS TO CJN’S STATEMENT_Ehiabhi Femi

Two days after Chief Justice of Nigeria, Ibrahim Tanko Muhammad called for the amendment of the constitution to accomodate more aspects of the Shari’a law, the Christian Association of Nigeria (CAN) has reacted to the statement credited to the Chief Justice of the nation. Chief Justice of Nigeria, Justice Ibrahim Tanko Mohammed has earlier been… Continue reading CAN REACTS TO CJN’S STATEMENT_Ehiabhi Femi

Crime · ENTERTAINMENT & LIFE STYLE · POLITICS

DUNCAN MIGHTY REGAINS FREEDOM_Ehiabhi Femi

Singer Duncan Mighty, finally gained his freedom after he  was whisked away by policemen on Saturday over allegations of fraud. The Port Harcourt-based singer was initially rumoured to have been kidnapped by unknown gunmen, but Imo police spokesman, Godson Ikeokwu, said in a statement that Duncan Mighty was arrested following allegation of scam. His money brouhaha… Continue reading DUNCAN MIGHTY REGAINS FREEDOM_Ehiabhi Femi

ECONOMY · POLITICS

MINIMUM WAGE: 8 MONTHS AFTER PASSAGE, ONLY 5 STATES ARE IMPLEMENTING_Ehiabhi Femi

The Nigeria Labour Congress, NLC, has disclosed that only five states have started implementing the new national minimum wage, eight months after passage into law by President Muhammadu Buhari. In a communiqué issued at the end of its one-day stakeholders’ meeting in Abuja, the labour union listed Lagos, Kaduna, Kebbi, Adamawa and Jigawa states as… Continue reading MINIMUM WAGE: 8 MONTHS AFTER PASSAGE, ONLY 5 STATES ARE IMPLEMENTING_Ehiabhi Femi

Crime · POLITICS · SCANDALS

HOR MEMBER SHEHU MUHAMMAD DECLARED WANTED_Ehiabhi Femi

The Independent Corrupt Practices Commission (ICPC) has declared a member of the House of Representatives, Shehu Muhammad wanted. Hon. Muhammad is a federal lawmaker representing the good people of Koko/Besse Federal Constituency of Kebbi state. Newsannexonline learnt that the Honorable member was declared wanted “for his failure to appear before the commission in an ongoing investigation against… Continue reading HOR MEMBER SHEHU MUHAMMAD DECLARED WANTED_Ehiabhi Femi

POLITICS

OSHIOMHOLE: OBASEKI NOT READY FOR RESOLUTION OF CRISIS_Ehiabhi Femi

Gov. Godwin Obaseki of Edo is not ready for the amicable resolution of the crisis rocking the party in the state. This was the position of the National Chairman of All Progressives Congress (APC), Mr Adams Oshiomhole, on Friday while briefing newsmen in Benin shortly after receiving Pastor Osagie Ize-Iyamu in his residence in Benin… Continue reading OSHIOMHOLE: OBASEKI NOT READY FOR RESOLUTION OF CRISIS_Ehiabhi Femi

ECONOMY · FINANCE · LEGISLATURE

DISCREPANCIES OVER N20 TN EXPECTED REVENUE FROM STAMP DUTY COLLECTION_Ehiabhi Femi

The Senate has mandated its Committee on Finance to investigate the discrepancies of over N20tn expected revenue from stamp duties that should have been paid into the Federation Account by the Central Bank of Nigeria. The CBN, according to the red chamber, collected the amount as stamp duty from banks and financial institutions from 2016… Continue reading DISCREPANCIES OVER N20 TN EXPECTED REVENUE FROM STAMP DUTY COLLECTION_Ehiabhi Femi

ECONOMY · FINANCE

EQUITY SHEDS N143 BILLION TO EXTEND BEARISH RUN TO SEVEN TRADING SESSIONS_Ehiabhi Femi

Investors on the Nigeria Stock Exchange (NSE) on Tuesday lost N143 billion to sustain bearish sentiment to seven (7) consecutive trading sessions, following price depreciation of bellwether stocks.  Consequently, the market breadth closed negative, recording 8 gainers as against 23 losers. In summary, the All-Share Index (ASI) shed 297.10 absolute points, representing a decline of 1.11% to close at 26,384.21 points. Similarly,… Continue reading EQUITY SHEDS N143 BILLION TO EXTEND BEARISH RUN TO SEVEN TRADING SESSIONS_Ehiabhi Femi

FINANCE · Judiciary · POLITICS

N29BN DEBT: AMCOM TO TAKE OVER OMOKORE’S PROPERTIES_Ehiabhi Femi

Asset Management Corporation of Nigeria has been ordered to take over some properties belonging to Jide Omokore, an ally of Diezani Alison-Madueke, a former Minister of Petroleum Resources, over an unpaid N29bn debt.  This order was handed down by a Federal High Court judge sitting in Ikoyi following the refusal by Omokore and his company… Continue reading N29BN DEBT: AMCOM TO TAKE OVER OMOKORE’S PROPERTIES_Ehiabhi Femi