News

Unreported $356million Railway Scam: How a Dormant European Firm & Local Collaborators Fleeced Nigeria

  “The contract, which has a cost implication of N23,720,359,033.79 came under the project description “Rehabilitation of the Railway Track Network-Easter Line Contract 7 (km 803 to km 1443Kuru to Maiduguri)” and the contractor was listed as “Messrs Lingo (Nigeria)Limited in association with Strasky Husty and Partners Limited of Czech Republic.”” PEGASUS REPORTERS, LAGOS | MAY 24, 2024 It has ...

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War on Gaza: We are Committed to ICC Laws & Will Arrest Benjamin Netanyahu for War Crimes – German Govt. Spokesman

  Scholz’s spokesman, Steffen Hebestreit, was asked on Wednesday if the German government would execute an ICC arrest order against Prime Minister Netanyahu for alleged war crimes during Swords of Iron. Hebestreit said, “Of course. Yes, we abide by the law.” PEGASUS REPORTERS, LAGOS | MAY 24, 2024 Israel’s Ambassador to Berlin, Ron Prosor, was rebuffed by German Chancellor Olaf ...

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Boost for broadcasting as Tinubu approves low interest loan for media organizations

  “The Nigerian broadcast industry, a cornerstone of the nation’s information and entertainment landscape, faces significant challenges hindering its ability to reach its full potential. There is the urgent need to take the initiative with a design to revitalize the industry, stimulate innovation, unlock the potential media economy and empower indigenous media entities,” he said. PEGASUS REPORTERS, LAGOS | MAY ...

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FEC Approves Initiative to Transform Nigeria’s Housing Infrastructure and Housing Sector through Private Partnership 

  “The partnership will incorporate a specialized framework utilizing a special-purpose vehicle (SPV) owned by the Nigeria Sovereign Investment Authority. This structure will enable institutional investors to provide sustainable long-term financing with robust oversight, reducing risks associated with large-scale government projects” PEGASUS REPORTERS, LAGOS | MAY 17, 2024 The Federal Executive Council has approved an initiative aimed at transforming the ...

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Entertainment News: Police Arrest Singer Portable Over ‘G-Wagon Debt’- Update with Spiderman song

  “Police spokesman (Hundeyin) said the police expect the lawyers of the singer to show up on Wednesday morning. He said the singer might be taken to court, depending on the discussions with his lawyers.” PEGASUS REPORTERS, LAGOS | MAY 15, 2024 Marverick street singer Habeeb Okikiola, aka, Portable, has been arrested by the police for allegedly refusing to pay ...

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Printing N684m notes with N18.96bn: Emefiele gets another bail of N300m

  “Other allegations Emefiele is facing include unlawfully approving the withdrawal of about N124.8bn from the consolidated revenue fund and illegally approving the withdrawal of about N124.8bn from the consolidated revenue fund.” PEGASUS REPORTERS, LAGOS | MAY 15, 2024 The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted a N300 million bail after pleading ...

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Lear Sharibu 21st Birthday: Setting the captives free and records straight- How Leah exercised her legal rights in captivity

  “We call on Nigeria to clear the air on false narratives that the CIA rescued 30 Chibok girls as published in a recent book “The Sisterhood: The Secret History of Women at the CIA” by Liza Mundy (Crown Books, October 2023).” PEGASUS REPORTERS, LAGOS | MAY 15, 2024 On her 21st birthday, we were concerned to read media reports ...

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Comrade Erasmus Ikhide, Owan Federal Constituency aspirant in 2023 election quits Labour Party

  “As you are aware, I was the Labour Party’s candidate for the House of Representatives in the 2023 general election, representing Owan Federal Constituency (Owan East and West LGA) in Edo State. Throughout my political journey, I have always been driven by a passion for justice, equality, and the well-being of the Nigerian people” PEGASUS REPORTERS, LAGOS | MAY ...

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Tribal hatred looms as Hausa leader tasks Fulani with quits notice … Say’s “we’ve been victims of terrorism, injustice under Fulani leadership”

  It continues that “Dr. Salim, your voice of condemnation against the atrocities of your Fulani was never heard, but no sooner did we stand up to your Fulani people, you are all over the place, calling for attention.” PEGASUS REPORTERS, LAGOS | MAY 14, 2024 In what could be described as looming tribal and ethnic war between Hausa and ...

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