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The Asset Management Corporation of Nigeria, AMCON, may have lost about N25 billion for taking over the debts of Aero Contractors, sources revealed. According to sources familiar with the deal the assets of the carrier worth less than N4 billion, but were overpriced. Findings revealed that AMCON after paying the huge amount of money controlled only 40 per cent ...
October, 2015
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2 October
Obasanjo Reveals What Clinton, Other World Leaders Told Him About Buhari
President Muhammadu Buhari made good impression on world leaders during his recent outing at the world at the recently concluded United Nations General Assembly, f ormer President Olusegun Obasanjo has revealed. Obasanjo, who ditched his party the Peoples Democratic Party to support Buhari who ran on the ticket of All Progressives Alliance, was one of the major forces that propelled ...
September, 2015
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29 September
Falae Exposes Police IG As Chronic Liar… “Ransom Paid, Police Didn’t Rescue Me”
A former Secretary to the Government of the Federation, Chief Olu Falae, has admitted that “certain amount of money” was paid as ransom before he was set free on Thursday by his abductors. Falae’s statement contradicted the claim by the Inspector-General of Police, Mr. Solomon Arase, that no ransom was paid before the elder statesman was rescued. Falae, who was ...
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28 September
54 Nigerians Die In Mecca Tragedy, 67 Injured… 717 Die Globally
At least 54 Nigerians perished in Thursday’s stampede in Saudi Arabia, in which over 717 pilgrims from around the world, died. The chairman of the National Hajj Commission, Abdullahi Mukhtar, confirmed the total tally for Nigeria at a press conference Monday. He said the dead are from Bauchi, Borno, Cross Rivers, Jigawa, Kano, Katsina, Kebbi, and Nasarawa states. Others are from ...
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27 September
Nigerians React To Sanusi, Secret Marriage To 18yrs Old Princess
Emir of Kano, Muhammadu Sanusi II, has finally tied the knot with his rumoured heartthrob, Sa’adatu Barkindo-Musdafa, the daughter of the Lamido of Adamawa, Muhammadu Barkindo-Musdafa, Premium Times reports The 18-year old becomes the emir’s fourth wife. She recently completed secondary school and is been enrolled for advanced level studies. In addition to his first wife, Sadiya, who is the ...
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27 September
Buhari Explains Nigeria’s Absence At UN Meeting On Boko Haram
Nigeria was notably missing at a crucial United Nations meeting where countries affected by the Boko Haram crisis sought assistance to deal with millions of displaced people. At the meeting held on the sidelines of the general assembly, U.N. Aid Chief, Stephen O’Brien, said most of those displaced by the lingering insurgency were from Nigeria. U.S. and European Union diplomats ...
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27 September
Saraki Panics, Contact 3 Ex-Presidents Over His Travails
Nigeria’s Senate President Bukola Saraki has reached out to influential Nigerians, including 3 ex-presidents to intercede on his behalf. Though the Senate President has kept a stoic face that he is on top of the dire situation he is entangled in, people familiar with the matter said he has in the last couple of days reached out to three of ...
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26 September
More Prominent Nigerians Die In Mecca Tragic Stampede
One of the dead in the worst disaster to strike the annual hajj pilgrimage in 25 years has been identified as Justice Abubakar Abdulkadir Jega, the presiding justice of the Abuja Division of the Court of Appeal and brother of the former Chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Jega. At least two other prominent Nigerians have ...
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22 September
7 Signs That Indicate End Of The Road For Saraki Today!
As he appears before code of conduct Tribunal today he is making history as first Senate President to be docked for criminal offences. He cannot come back unscratched. Reasons: 1. The legal drama, arrest warrant and unwillingness to appear has spoil his case, if any. 2. Forces against him are legion since he maneuvered himself to Senate Presidency. ...
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17 September
Toyin Nwosu Release! Kidnappers Get Richer, Go Unpunished
No doubt money to the tune of millions would have exchange hands, but Nigerians are worried about the trend and associate ransome payment. It is an enticing big business. Can’t the security operatives apprehend them? The kidnapped wife of Mr. Steve Nwosu, The SUN Newspaper’s deputy director, Toyin, has regained freedom. Exactly four days after Mrs. Oluwatoyin Nwosu, was kidnapped ...
