Five dead as fire rages on Lagos-Ibadan Expressway

10 vehicles burnt as tanker spills 30,000 litres of petrol. MOTORISTS had another nasty experience yesterday on the ever-busy Lagos-Ibadan expressway.

NNPC’s inefficiency costs Nigeria $65m – KPMG

MORE revelations emerged, yesterday, at the Senate resumed hearing in the ongoing investigation into the mismanagement of fuel subsidy in the country, as the international auditing firm, KPMG, said inefficiency in the Nigerian National Petroleum Corporation, NNPC, costs the country $65 million from 2007 till December 2010.

New electricity tariff takes off today

A NEW electricity tariff regime with potentially grave cost implications for urban dwellers, the rich and commercial concerns commences today.

Some governors suppress their legislative houses – Speaker Ikufuroji

Ahead of the commissioning of the brand new legislative complex of the Lagos State House of Assembly yesterday, Speaker Adeyemi Ikufuroji spoke with newsmen during which he gave an overview of the issues and challenges that have confronted the legislative branch of government in the country.

US congress rejects Nigerian lawmakers over truancy - Ekweremadu

The Deputy Senate President, Senator Ike Ekweremadu, on Wednesday, revealed that some Nigerian lawmakers were tarnishing the image of the country through non-participation in sponsored foreign training and legislative experience with US Congress,

UNN student commits suicide

TRAGEDY struck on Wednesday night at the University of Nigeria, Nsukka (UNN), when Onyebuchi Okonkwo, a 300-level student of Physics and Astronomy, committed suicide by allegedly hanging himself.

Edo gov poll: INEC must guarantee security of NYSC members - DG

THE Director-General of the National Youth Service Corps (NYSC), Brigaider-General Nnamdi Okore-Affia, has said he would request the Independent National Electoral Commission (INEC) to guarantee the safety of the NYSC members to be used during the forthcoming governorship election in Edo State.

FirstBank shareholders approve 80 kobo dividend, holding company

Shareholders of FirstBank of Nigeria, on Thursday, at the Annual General Meeting (AGM) held in Lagos, approved 80 kobo dividend and a new holding company (HoldCo) for the bank.

Police prosecute 45 over post – election violence in Kaduna

ABOUT 45 suspects arrested over last year’s post-election violence in some parts of Kaduna State, are presently facing prosecution for various offences, said Kaduna State Attorney-General and Commissioner for Justice, Hon. Jonathan Adamu Kish.

Lagos can accommodate 40m people, says Fashola

LAGOS State can accommodate no fewer than 40 million people if basic infrastructure are enhanced, Governor Babatunde Fashola has said.

Oyo govt to construct rail track, direct gas link to Ibadan

The Oyo State government has said it has chosen the development option of the Public-Private Partnership (PPP), through which it has attracted foreign direct investment, as well as local investment for the transformation of the state economy, in view of the apparent inadequacy of the monthly federal allocation from Abuja in financing envisioned projects.

Dragon capsule ends historic mission

"Splashdown at 11:42 am EDT (1542 GMT)!" California-based private company SpaceXannounced through its Twitter account. " Welcome home Dragon!"