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Police Nab 12 Highway Truck Hijackers For Diverting Petroleum Product
Operatives of Rapid Response Squad of the Lagos State Police Command on Sunday said they have arrested 12 suspects for attempting to murder a tanker escort and diversion of a 45,000 litre diesel laden...
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Mandela, Tutu Encouraged Me To Run For President – Obasanjo
Former President Olusegun Obasanjo on Sunday disclosed that he consulted the late South African President, Nelson Mandela and Archbishop Desmond Tutu before joining the race for the presidency in 1998...
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Akeredolu In Dilemma Over Appointments SSG, Chief of Staff
Barely three days after assuming the mantle of leadership in Ondo state, Governor Rotimi Akeredolu appears to be in a dilemma over his choices for some sensitive positions in the new government. The...
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Reps Hail AMAC Chairman For Payment Of Salary Arrears
The member representing AMAC/Bwari Federal Constituency in the House of Representatives, Hon. Zephaniah Jisalo, has commended the current AMAC chairman, Hon. Abdullahi Adamu Candido, for his commitment...
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N/Delta Tour Demonstrates FG’s Commitment To Region’s Progress – Ndoma-Egba
Chairman of the governing board of the Niger Delta Development Commission (NDDC), Senator Victor Ndoma-Egba, has described the recent tour of the Niger Delta region as a demonstration of the current...
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ACOMORAN Debunks Notice Of Meeting
The Amalgamated Commercial motorcycle Owners and Riders Association of Nigeria (ACOMORAN) has debunked media reports that its annual general meeting was scheduled to hold at Yar’Adua Centre, Abuja, on...
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Sokoto PDP Endorses Makarki-led Committee
Peoples Democratic Party Sokoto state chapter has unanimously endorsed the decision of the PDP stakeholders in Abuja to support and recognized Senator Ahmed Makarfi as an authentic chairman of the...
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Lagos Trains 400 Butchers On Pollution In Abattoir
As part of efforts aimed at ensuring and maintaining a hygienic and conducive environment within abattoirs and wholesomeness in the sales of red meat in the state, Lagos State government has trained no...
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2 Chinese In Police Net Over N5bn Substandard Tyre Stuffing Deal
Two Chinese nationals, Taolung Shen and Xu Jing Yau are now telling the police in Lagos all they know about the over N5bn substandard tyre stuffing business which they had been doing in Lagos, Nigeria...
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Local Airlines Reduced From 150 To 9 In 17 Years – NCAA
The Nigerian Civil Aviation Authority (NCAA) has disclosed that the nation’s aviation industry witnessed a reduction of airlines from 150 in the year 2000 to about nine functional ones in 2017. The...
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Public Confidence Returning To Arik, Says AMCON
The Asset Management Corporation of Nigeria (AMCON) says public confidence is gradually returning to Nigeria’s largest domestic carrier, Arik Air, barely two weeks after it took over the airline....
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New Forex Policy Gives Strength To Naira
Pressure on the naira eased on a large scale at the parallel market last week as the currency firmed by 12 percent within four days from an all-time high of N522 to the dollar to N460 and the trend is...
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Naira Breaks 3-year Jinx, Gains 12% In 4 Days
The value of the naira recorded the highest and fastest gain of 11.9 per cent in four days at the parallel market in over three years last week as the Central Bank of Nigeria (CBN) sold a total of...
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Economy: Dangote Calls For More Funding To SMEs For Growth
Richest man in Africa and the president of Dangote Group, Aliko Dangote has called for more funding to the small and medium scale enterprises (SMEs) for the purpose of stimulating economic growth and...
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Equities Market Ends Week At 0.34% Up
The Nigerian equities market recorded its first weekly gain in the month of February after three consecutive weeks of declines. The gain, was driven by investors re-investing in consumer goods...
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House May Set New Price For Petrol
Indications emerged weekend that the House of Representatives will soon move to look at the fundamentals in the pricing of petrol with a view to ensuring that stakeholders get appropriate value....
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Kaduna Electric Laments Energy Theft, Meter Manipulation
The management of Kaduna Electric has lamented the increasing cases of energy theft, attempted manipulation and destruction of the smart meters currently being installed by the company in its franchise...
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Pension Funds May Hit N7.2trn By Year End
Despite the devaluation of naira and double digit inflation rate that impact businesses negatively and put the economy in recession, the nation’s Pension Funds may hit N7.2trillion by December 2017,...
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Forex: CBN Disburses $221.37m For BTA, School Fees, Others
The Central Bank of Nigeria, CBN, says it has sold $221.37 million to 16 banks through the interbank foreign exchange (forex) market. The apex bank disclosed this in its Forex Forward Sales Report on...
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Building Collapses Loom As Developers Compromise Quality Housing Delivery
Nigerians construction industry may soon start to experience series of building collapses as indications emerged that many housing developers are now compromising quality in the delivery of housing...
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