President Goodluck Jonathan Praying at Wailing Wall, Jerusalem Old City/ 25/10/13

Free Trade Zone Policy keeps Nigeria’s Investment Profile High -Aganga

By Eric Ojo The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga has attributed Nigeria’s soaring investment profile to the windows of opportunities being offered by the country’s Free Trade Zone Policy. The Minister noted that owing to the tremendous success the country had recorded through its Free Zone policy, more local and foreign […]

Police Arraign Three Persons in Lagos over Small Stout Theft

Ruth Bamidele, Lagos Three persons have been arraigned before Ikeja Magistrate Court on two-count charge of conspiring and stealing of 10 crates of small stout. The accused persons are: Bashiru Adeyemi, 52 year, Paul Peter 21 years, and Emeka Vincent , 25 years . Police prosecutor Edet Okoi, said the defendants conspired to commit felony […]

U.S Forces Storm Coast of Nigeria

The African Examiner A U.S. special operations team of Navy SEALs is on its way to the Nigerian coast in a bid to rescue two American Sailors kidnapped by pirates on Wednesday. Per Second News gathered that the crack team of Seals are to work with the United States Africa Command, (U.S. AFRICOM) one of […]

Police Arrest 4 Suspected Killers of 5-year-old Boy in Enugu

Ignatius Okpara, Enugu The Anti kidnapping unit of the Enugu state police command Friday arrested four persons in connection with the abduction of a five-year-old boy in Aninri local government area of the state. Said the police: the suspects, had after the abduction beheaded and mutilated the private parts of the little boy which they […]

UBA Global Investor Services Is Nigeria’s Custodian Bank of the Year

The African Examiner UBA Global Investor Services, a Division of United Bank for Africa (UBA) Plc set up in September 2007 to process securities trades, safe-keep financial assets and service associated portfolios has won this year’s Custodian Bank of the Year Award for Nigeria, 2013 by Acquisition International, an International financial research and investor information journal based […]

Under-17 World Cup: Jonathan Hails Eaglets As they Roar to Knockout Stages

The African Examiner President Goodluck Jonathan has congratulated the Golden Eaglets of Nigeria on their 5-0 crushing defeat of the Iraqis on Friday in the ongoing FIFA Under-17 World Soccer Championship in the United Arab Emirates. As the Eaglets progress to the knock-out stages of the Championship as winners of their group, President Jonathan urged […]

Delta Forfeits Unclaimed $15m Ibori’s Bribe To Federal Government

The African Examiner The Federal High Court in Abuja has ordered that the $15 million bribe allegedly offered as bribe to the Economic and Financial Crimes Commission EFCC by former governor of Delta state James Ibori be forfeited to the Federal Government. Mr James  Ibori who is now serving a jail term in UK allegedly […]

Vice President Sambo Heads PDP Governorship Campaign in Anambra

Femi Kehinde, Lagos Vice President, Namadi Sambo has been appointed to lead the governorship election campaign in Anambra for the Peoples Democratic Party (PDP) candidate, Tony Nwoye in November 16 election. Other members of the campaign committee include: the party’s national chairman, Bamanga Tukur, its Board of Trustees chairman, Tony Anenih, Senate President David Mark, Speaker […]

Multiple Taxation: Tax Payers Association Tasks FG

The African Examiner   Tax Payers Association of Nigeria (TAPAN) has urged the Federal Government to urgently fix the economic malaise called multiple taxation.TAPAN which  commended the Finance Minister, Dr Ngozi Okonjo-Iweala for her position on Nigeria Multiple Taxation and consequences on the economy, also decried the cumbersome nature of tax filling processes faced by […]

Gunmen Kill Two Persons, Injure Two in Plateau Renewed Attack

Agabus Pwanagba The relative peace now enjoyed in Plateau State was punctured in Shiwer village in Amper District of Kanke Local Government Area of the State, when four persons were ambushed by unknown gunmen, killing two and leaving the other two seriously injured. Shiwer Youth Organisation in a statement signed by its President, Dimka Goma, […]

Atuche’s N25.7Bn Fraud: EFCC Fails to Produce Trial Documents

By Ruth Bamidele, Lagos At the resume trial on Friday, involving Mr. Francis Atuche, Former Managing Director of Bank PHB, his wife Elizabeth Atuche and Mr. Ugo Anyanwu, former CFO of Bank PHB, who are standing trial for a N25.7 billion fraud, Economic and Financial Crimes Commission (EFCC) failed to produce the documents it was subpoenaed […]

Reduce Frivolous Expenditures In 2014 Budget, Forum Warns National Assembly

By Eric Ojo The National Assembly has been urged to drastically cut down on all frivolous and wasteful expenditure to be proposed in 2014 budget, starting from its own over-bloated N150 billion appropriation. The federal parliament has also been called upon to ensure full scrutiny and proper consideration of estimates to be presented by the […]

GTBank Declares N69.2b Profit-after-Tax in 3rd Quarter

By Frank Omalapeh Guaranty Trust Bank, one of the Nigerian leading banks, has announced a 9 per cent percent increase in 2013 third quarter reports. The bank released its results to the Nigerian Stock Exchange (NSE) on Thursday in Lagos in compliance with the NSE rules of financial statements. In the reports, the bank’s revenue […]

More Trouble For Oduah as Presidency Moves To Probe N7.5bn Airports Remodel Projects

The Presidency may have begun moves to thoroughly investigate the N7.5 Billion contracts for the remodelling of major airports across the country executed by embattled Minister of Aviation, Ms Stella Oduah. The Airport Remodelling Contracts were awarded to: Trenur Nigeria Ltd, Archvisual Solution Ltd, Mesh Projects Ltd, Paache Construction, ARDC Ltd, and Ogbosite International Ltd […]

Police Withdraw Security Escorts, Guards of Rivers SSG, Chief of Staff

The African Examiner Rivers state police command on Thursday removed security escorts and guards attached to the office and official residence of the Secretary to the Rivers State Government (SSG) George Feyii and Governor Amaechi’s Chief of Staff, Chief Tony Okocha. Chief Okocha said no reason was given for the strange withdrawal, a development that […]

Oronto Douglas’ Sister Released by Kidnappers

The African Examiner After spending nine days in captivity, Mrs. Augustina Douglas-Ayam, elder sister to the Senior Adviser to the President on Research, Documentation and Strategy, Mr. Oronto Douglas, has regained her freedom. African Examiner gathered that she was released Thursday night. The family said she was released unconditionally. “We thank God for her protection and […]

Oduahgate: Don’t Use Politics To Justify Corruption, APC Warns

Ayo Balogun, Lagos The All Progressives Congress (APC) has warned against any attempt by the unimaginative spin doctors of the Aviation Ministry to use politics as a cover for the corruption scandal surrounding the illegal purchase of two armoured cars for the Minister of Aviation. In a statement issued in Lagos on Thursday by its […]

Security Operatives In Enugu Nab “Born Again” Boko-Haram Member at MFM Church

From Ignatius Okpara, Enugu The Department of State Security Services, DSS, has nabbed a 35-year-old fake Boko-Haram suspect, operating as a repented Islamic extremist who recently converted to the Christian faith with the sole aim of currying financial gains from unsuspecting victims in Enugu. Parading the suspect Thursday before newsmen at the SSS office in […]

New PDP Set to Receive 5 More PDP Governors, Appeals Court Ruling

The African Examiner, The New Peoples Democratic Party (PDP) under the leadership of Alhaji Abubakar Kawu Baraje has filed a notice of appeal over last week’s ruling by a Federal High Court, Abuja, restraining it from using PDP’s logo and colours and recognizing the Alhaji Bamabga Tukur-led National Working Committee (NWC) as the authentic leadership […]