President Donald Trump has fired FBI Director James Comey at the recommendation of US Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein, according to a White House announcement. "The FBI is one of our Nation's most cherished and respected institutions and today will mark a new beginning for our crown jewel of law enforcement," said President Trump.
Updated 3 Years ago

For the record third time, President Muhammadu Buhari again failed to attend the ongoing Federal Executive Council (FEC) meeting in the council chamber of the Presidential Villa, Abuja on Wednesday sending a serious signal that all may not be well after all.
Updated 3 Years ago

The Asset Management Company of Nigeria-appointed management of Arik Air has said that as a result of the rot in the airline, it is being forced to make refunds of between N60m and N75m to dissatisfied customers on a weekly basis.
Updated 3 Years ago

It was as late as 1913 that the Fed was created. The Sveriges Riksbank, the National Bank of Sweden, enjoys pride of place as the first central bank to have been established, as far back as 1668. The Bank of England emerged in 1694.
Updated 3 Years ago

“If it would be appropriate for me to meet with him, I would absolutely, I would be honored to do it,” Trump told Bloomberg News Monday. “If it’s under the, again, under the right circumstances. But I would do that.” “Most political people would never say that,” Trump said. “But I’m telling you under the right circumstances I would meet with him.”
Updated 3 Years ago

President Trump has compared the state of US infrastructure to that of the third world and said his infrastructure plan is nearly completed which envisages a $1 trillion spend over 10 years.
Updated 3 Years ago

The naira will trade around 390 against the United States dollar this week as the Central Bank of Nigeria continues the spate of dollar sale. According to economic and currency experts, the local currency may close the week slightly above or below the 390/dollar mark. They argued that it might take major interventions to get the currency to appreciate significantly above the mark.
Updated 3 Years ago

The wife of the President, Aisha Buhari has expressed concern over the continuous publication of unfounded stories by Sahara Reporters against her person.In a statement by her Special assistant media, Adebisi Olumide Ajayi ,She described the allegations by Sahara Reporters’ as a ridiculous effort to smear her
Updated 3 Years ago

What a helluva week for a man who turns 74 today. In one day, in his birthday week, he flew from Abuja to Monrovia, from there to Freetown, and then to Banjul, in The Gambia. He held meetings lasting many hours, then flew to Freetown, again to Monrovia, and then returned to Abuja by 3.20 a.m. In the afternoon of that same day, when most of those who travelled with him would have given anything to be in slumberland, he presented the 2017 budget proposals to the National Assembly. If I am lucky to live to that age, I don’t wish to run such punishing schedule.
Updated 3 Years ago

Over 5,000 members of the opposition Peoples Democratic Party (PDP) in Kogi State have defected to the ruling All Progressives Congress (APC).
Updated 3 Years ago