Author: Nigeriacurrent

Malabu Oil Suspects Shall Face Trial – Buhari

The controversy over the Malabu Oil Block (OPL 245) won’t just go away, with President Muhammadu Buhari rejecting Attorney-General Abubakar Malami’s proposal on how to resolve the impasse. This is because the President is insisting on the continuation of the criminal proceedings against some suspects implicated in the OPL 245 scandal. The President has also […]

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SAHCOL Goes Public, Launches IPO of 406,074.000

Aviation handling company, Skyway Aviation Handling Company ( SAHCO) Plc has launched an initial public offer for sale of N406, 074, 000 with effect from November 12, 2018. At the announcement and signing ceremony of the offer in Lagos, the stakeholders said they were divesting 49 percent equity to the investing Nigerian Public in line […]

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I’m Fully Committed to Having new National Minimum Wage — Buhari

President Muhammadu Buhari on Tuesday expressed his commitment to ensuring the implementation of a new National Minimum Wage. Buhari said this in Abuja on Tuesday while receiving the report of the Tripartite Committee on the Review of National Minimum Wage from the committee’s chairman, Amal Pepple at the Council Chamber of the Presidential Villa, Abuja. […]

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Drama as NIMASA DG Suffers Diarrhea During Court Trial

The trial of Mr Patrick Akpobolokemi, the former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), took a dramatic turn on Monday at an Ikeja High Court as three co-defendants made a turnaround to become prosecution witnesses. Akpolokemi, upon realising that his former co-defendants had become witnesses for the Federal Government, developed a […]

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Of Oko-croach and the incest in Imo By Louis Odion, FNGE

While pursuing his feudal aspiration in Imo, Rochas Okorocha would appear to be reading Igbo history book upside down. Several decades after warrant chiefs appointed by the imperialists failed in Igbo land, how pathetic that the Imo governor still thought he could brandish an expired talisman and get a different outcome. The British assumed they […]

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Ekweremadu Escapes Assassination Attempt

Deputy President of the Senate, Senator Ike Ekweremadu  escaped assassination attempt alongside his wife and one of his sons in the early hours of Tuesday. This was disclosed on this morning by Uche Anichukwu, the dep‎uty senate president’s spokesperson who said one of the assassins was overpowered and arrested. The suspect has been handed over […]

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Business Mogul, Sunny Odogwu, is Dead

Astute businessman, Sunny Odogwu, is dead. According to a family source, Odogwu died in his home on Monday. Born on March 20, 1931, in Calabar, Odogwu hails from Delta state and holds a high ranking traditional title of Ide Ahaba of Asaba. He had his secondary school education at Ilesha Grammar School, Osun state and […]

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Spring Bank Depositors Storm Court

A group of Spring Bank depositors on Monday morning stormed the premises of the Special Offences Court, Ikeja, Lagos to protest in a $200 million diesel scam case that involved an international oil company, Trafigura Baheer BV and its Nigerian associates, Yahaya Kwande, Osahon Asemota, and five companies. The protesters claimed that Spring Bank collapsed […]

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Breaking: Labour Calls Off Strike

The organised labour has called off the nationwide industrial action scheduled to commence today. The strike originally scheduled to commence this morning was called to press home workers’ demand for a new national minimum wage. The National Chairman of the Nigeria Labour Congress,  (NLC), Ayuba Wabba, announced the suspension at the end of the resumed […]

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Police Interrogate Wife of Credit Switch Boss Over his Murder

There are indications that the police has extended its investigation into the murder of stabbed business mogul and owner of Credit Switch Technology, late Chief Ope Bademosi,  who was murdered at his Parkview Estate residence in Ikoyi area Lagos to his wife. The Punch reports that the widow was invited to make a statement following […]

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