The Chinese corporation Zhongshan Fucheng Industrial Investment Co. Limited has made repeated unsuccessful attempts to obtain offshore assets belonging to the Federal Government of Nigeria by dishonest means, and the Presidency has revealed that it is fully aware of these attempts. According to Bayo Onanuga, Special Advisor to the President on Information and Strategy, “There

A senior commander said on Tuesday that Russian forces used drones, missiles, and aircraft to retaliate against Ukrainian troops. He claimed that after the worst attack on Russian territory since the conflict started, Ukraine’s progress had been halted. Last week, thousands of Ukrainian soldiers unexpectedly crossed the Russian border. Russian President Vladimir Putin speculated that

The presidents of Equatorial Guinea and Nigeria, Bola Tinubu and Teodoro Obiang Nguema Mbasogo, have furthered their relationship for mutual development by signing an agreement on the Gulf of Guinea Pipeline Project. The agreement, which was signed in Malabo on Wednesday night, addressed general principles, ownership of the gas pipeline, transit of natural gas, establishment

Following their separate meetings on Tuesday, the Nigerian Governors’ Forum and the National Council of States (NCS) agreed to support President Bola Tinubu’s one-year, three-month-old administration. The Nigerian Governors Forum and President Tinubu met separately at the same location after the National Council of States, which is made up of former presidents, some ministers, governors,

According to a Premium Times report, a lengthy legal dispute between a sub-national and Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese corporation, resulted in the seizure of three aircraft connected to the Nigerian government by a French court. One of the newly acquired Airbus A330s, worth at over $100 million, is included in the

Nigeria’s Presidency has issued a strong rebuttal to the recent seizure of three Nigerian aircraft by Chinese company Zhongshan Fucheng Industrial Investment Co. Limited, which occurred amid a contentious legal dispute, accusing the company of fraudulent activity and misleading the Judicial Court of Paris in its attempt to claim Nigerian assets. Bayo Onanuga, Special Adviser

The British economy increased 0.6 percent in April-June, a slight deceleration from the first three months of the year, official statistics revealed on Thursday. The Office for National Statistics reported that the Gross Domestic Product increased by 0.7% in the first quarter of 2024. The data covers the period immediately preceding Britain’s general election in

The Transmission Company of Nigeria has announced that Bayelsa State will face a lengthy outage as a result of the recent destruction of 13 transmission towers along the Ahoada-Yenagoa 132kV Double Circuit transmission line. The blackout would also impact several villages in Rivers State. A team lead by Emmanuel Akpa, the General Manager of the

Nigerians have voiced displeasure and irritation over the ongoing scarcity of Premium Motor Spirit, also known as fuel, in several areas throughout the country. On Wednesday, motorists queued at filling stations in Abuja, Kaduna, Niger, Adamawa, Kano, Bauchi, and Delta, among other places, due to fuel scarcity. Although the waits were not as long in

The Executive Chairman of the National Hajj Commission of Nigeria, Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, are currently in the custody of the Economic and Financial Crimes Commission for alleged mismanagement of the N90 billion 2024 Hajj subsidy, The PUNCH learnt on Wednesday. According to a statement seen by our correspondent on Wednesday,