Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «billions»

April 6, 2018 8:21 AM Former South Korean President sent to jail

A South Korean court on Friday sentenced the impeached President Park Geun-hye to 24 years in jail with a fine of 18 billion won (17 million U.S. dollars) for corruption. The court found Park guilty of bribery over a scandal that exposed webs of corruption between political leaders and the country’s conglomerates. The court ruled that Park colluded with her old friend 42

February 23, 2018 7:53 AM Amaechi vows to release names of those sabotaging security

Minister of Transportation, Rotimi Amaechi has said that cabals are frustrating the recently approved $198m maritime security contract. Amaechi vowed to publicly mention names of saboteurs while speaking at a Maritime Stakeholders’ Interactive Forum held in Warri, Delta State on Thursday. He said “Reason, why vessels will not come to the Eastern ports 33

February 12, 2018 9:49 AM Iraq seeks $88.2b for reconstruction, says minister

Iraq needs $88.2 billion to rebuild after years of war against the Islamic State group, Planning Minister Salman al-Jumaili said, on Monday, as an international conference on the country’s reconstruction opened in Kuwait. Iraq hopes to raise billions of dollars in pledges at the three-day meeting, as the country reels from the rise of IS and punishing 22

February 12, 2018 12:36 AM Bee farming? Good for nutrition, boost to your income

keeping has become a lucrative business. This is as a result of the huge demand for natural honey and its byproducts that make the business attractive to both young and aspiring entrepreneurs. Bee farming, which is also known as ‘Apiculture’, is practiced around the world, and can be a source of nutrition while providing valuable source of income to bee farmers 22

February 3, 2018 5:20 PM Letter to Buhari: Waku attacks Obasanjo, says Marshal Harry, Bola Ige, others killed under his watch

A former member of the National Assembly, Senator Joseph Waku has described Olusegun Obasanjo’s statement on the President Muhammadu Buhari’s administration as a thrash and full of mischief. Waku, in an interview with Sun, lambasted Obasanjo, whom he described as a serial blackmailer and an attention seeker who should be ignored. He said Obasanjo liked 55

January 31, 2018 2:23 PM Absence of Fani-Kayode stalls fraud trial

At the resumed hearing of the matter yesterday, Fani-Kayode, according to his lawyer, Norrison Quaker, could not make it to court because he is suffering from a heart-related disease. Quakers informed the trial judge that he was informed by Fani-Kayode’s wife that her husband had been taken to the hospital. The lawyer promised to obtain his client’s 22

January 17, 2018 2:01 PM EFCC releases former Plateau governor, Jang on bail

A former governor of Plateau State, Jonah Jang, who was detained for questioning by the Economic and Financial Crimes Commission, EFCC has been released on administrative bail. Mr. Jang was earlier probed by a committee set up by his successor, Simon Lalong, claiming the former governor misappropriated billions of naira. A media aide to Mr. Jang, Clinton 31

November 21, 2017 8:16 AM EFCC obtains warrant to detain ex-SGF, Anyim

The Economic and Financial Crimes Commission, EFCC, has obtained a remand warrant to further detain Anyim Pius Anyim, Secretary to the Government of the Federation, SGF, under the Jonathan government. Anyim is being investigated for allegedly collecting N520m from a former National Security Adviser, Col. Sambo Dasuki (retd.), on the eve of the 2015 presidential 40

November 2, 2017 1:58 PM Leaked Memo: Buhari Summons Kyari, Oyo-Ita After FEC Clash

President Muhammadu Buhari on Wednesday summoned his Chief of Staff, Abba Kyari, and the Head of the Civil Service of the Federation, Winifred Oyo-Ita, over their clash at the Council Chambers of the Presidential Villa, Abuja. The fierce crossfire between Kyari and Oyo-Ita, which occurred shortly before the Federal Executive Council meeting, was believed 201

November 1, 2017 10:35 PM Suspect in ghost workers’ syndicate has 200 bank accounts – EFCC

The defendants— Dayo, Opeyemi, Adedokun, Sylvanus, Ayodeji, Dada, Dada, Ejeh and Taiwo— were arraigned before an Abuja High Court at Apo. According to the charge sheet, most of the defendants were civil servants from government agencies such as the Office of the Accountant General of the Federation, Ministry of Agriculture and Water Resources; Ministry 31