The Nation News

Peter Odey

Cross River supports Emergency Rule in Rivers – Acting Governor

Cross River Acting Governor Peter Odey has distanced himself from the statement attributed to the Chairman of the South-South Governors’ Forum, which opposed President Bola Tinubu’s decision to suspend Rivers Governor and declare a state of emergency. In a statement by his Press Secretary, Fred Abua Esq., the Acting Governor clarified that he was neither […]

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•Ibas At The Rivers Government House.yesterday

Ibas assumes office, warns against sabotage, disorder

Senate, House okay Tinubu’s emergency rule declaration President hails lawmakers patriotism Fubara: no hand in oil pipeline bombing  Sole Administrator of Rivers State, Vice Admiral Ibok-Étè  Ibas (retd), yesterday said his mission is to restore law and order, stabilise the polity and create the necessary environment for the full restoration of democratic institutions. Ibas made

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Ganduje Atiku

Ganduje tackles Atiku over coalition against APC

All Progressives Congress (APC) National Chairman Abdullahi Ganduje yesterday denounced  former Vice-President Atiku Abubakar’s admission that the ongoing realignment by opposition political leaders was to dislodge President Bola Ahmed Tinubu from office. Ganduje boasted that no coalition by politicians who presently have ‘’no identifiable political base would stop the re-election of the President in 2027. He predicated

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•Edun

Fed Govt’s MREIF secures N250b for housing

The Federal Government’s MOFI Real Estate Investment Fund (MREIF) has begun  operations with a successful closure of its N250 billion pilot fundraising. It is a N1 trillion multi-tranche programme designed to transform the nation’s housing sector. The fund, managed by the Ministry of Finance Incorporated (MOFI), drew substantial interest from private sector investors. This sets

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Ambassador Yusuf Tuggar 1

Brazilian firm bringing multi-million dollar investment s  to livestock sector

Two Interpol watchlisted suspects arrested A multi-million dollar investment in livestock from Brazil is expected, Minister of Foreign Affairs, Yusuf Tuggar, said yesterday. He said the ministry has facilitated investments worth $14 billion from multiple sectors in India. The ministry, he added, also facilitated the repatriation of $52.8 million from the United States in stolen

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•Oyedeji

25% oversubscription of First Holdco’s N150b Rights Issue paves the way for its Private Placement of N350b

FirstHoldco has announced a 25% oversubscription of its recently concluded Rights issue. Speaking on the capitalisation exercise, Adebowale Oyedeji, the Group Managing Director of First HoldCo Plc, commented that following the capital verification exercise of the Central Bank of Nigeria, the Group is delighted to announce the successful completion of the up to N150 billion

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25% oversubscription of First Holdco’s N150b Rights Issue paves the way for its Private Placement of N350b Read More »

•Scene Of The Accident

Ten dead, many injured, 18 vehicles burnt in Abuja truck fire

It was a sad way to end a busy day for some residents around the Karu Bridge on Abuja-Keffi Expressway of the Federal Capital Territory (FCT) on Wednesday. A CNG-powered truck conveying cement lost control on the bridge between Kugbo and Nyanya and burst into flames. Lives were lost and properties destroyed. Officials of the

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Kayode Egbetokun 1

IG orders deployment of additional personnel

Inspector-General Kayode Egbetokun has ordered the deployment of additional personnel and resources to Rivers State following the declaration of state of emergency in the state by President Bola Ahmed Tinubu. The police boss said the effort, undertaken in collaboration with the Armed Forces and other security agencies, will bolster security, protect lives and property, and

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National Hospital, other health facilities battle to save victims

Some victims’ relatives still unaware Medical personnel at the National Hospital, Abuja, were yesterday battling to treat the 20 victims rushed to their facility for treatment. The patients sustained first degree burns from the devastating fire incident triggered by an articulated vehicle that crashed on Karu Bridge Wednesday night. Unconfirmed sources indicate that the influx

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Wike pays medical bill of victims

The Minister of Federal Capital Territory (FCT), Nyesom Wike, yesterday sympathised with victims of the accident that occurred in Karu, Abuja. The Federal Caital Territory Administration, according to Wike, will  foot the medical bills of the casualties. The minister, who described the accident as avoidable, expressed condolences to the families of those who  died, and

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