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Chad begs Nigeria for electricity supply
The government of Chad Republic has formally requested the Nigerian government to connect the country to the Nigerian electricity grid....
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Buhari Reprimands Security Chiefs, Says No More Excuses for Insecurity
President Muhammadu Buhari thursday moved to restore public confidence in his administration’s capability to protect lives and property, as he...
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Lagos unveils Lekki regional road to reduce travel time
The Lagos State Government plans to deliver its Regional Road Project in Lekki within the next two years. The road...
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Seplat Transfers Assets to Subsidiary for Easy Operation
Seplat Petroleum Development Company Plc, the completed transfer of the business activities and assets of OMLs 4, 38 and 41...
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N400m Debt: AMCON takes over Doggi Group promoter’s assets
The Asset Management Corporation of Nigeria (AMCON) yesterday took over the assets of Alhaji Umaru Baba Abdullahi, the Chief Promoter...
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New operator targets Nigeria’s $80 billion telecoms market
A new telecommunications operator is poised to enter Nigeria’s $80 billion telecoms industry as the fifth largest firm. Specifically,...
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Naira dips by N24 to N385/$
THE Naira depreciated by N24 to close at N385 per dollar on Thursday at the official market. It had exchanged...
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Stock investors lose N21bn amid selling pressure
The market capitalisation of equities depreciated by N21bn to N13.01tn from N13.03tn the previous day as market sentiment returned to...
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CBN to disburse N432b non-interest loans to farmers
The Central Bank of Nigeria (CBN) will soon release the framework for the disbursement of some N432 billion non-interest loans...
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Buhari Calls for Knowledge Sharing among Nations to Battle COVID-19
FG bars non-travellers from airports Private hospital in Jos shut as 17 staff test positive 587 new COVID-19 infections detected...
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NNPC reports N17bn oil theft, unsure of daily PMS consumption
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the country has reorded about $48 million (or N17 billion) loss...
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Telecoms Subscriptions Rise to 190.8m
Subscriptions across all telecommunications networks have maintained a steady growth pattern in one year, reaching 190,806,067 in April. This...
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Food items push further Nigeria’s inflation by 0.06% in May
Nigeria’s headline inflation for the month of May, rose further by 0.06 per cent to hit 12.40 per cent year-on-year, largely...
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Naira slumps to 452/$ as speculations, debt weaken market
The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the...
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Army Court-martial Dismisses General over N260m Theft
The General Court-martial constituted to try a former General Officer Commanding (GOC) 8 Division of the Nigerian Army, Sokoto, Major...
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Lagos suspends re-opening of worship centres, event centres
THE Lagos State Government has rolled back its earlier decision to partially re-open churches, mosques, viewing and relaxation centres in...
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Obaseki Resigns, Oshiomhole Suspended, Ajimobi Hospitalised, NWC Divided
•14 back suspended chairman, three oppose, three neutral, Giadom claims chairmanship •Govs set to move in •18 Edo LG chairmen...
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New electricity tariffs effective July, says minister
The Minister of Power, Sale Mamman, has insisted that the new increment on electricity tariff would take off in July....
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Global FDI projected to plunge 40% below $1 trillion in 2020
Global foreign direct investment (FDI) flows are projected to decrease by up to 40 per cent in 2020, from their...
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‘Nigeria’s Livestock Industry Growing 12.7% Annually’
The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria...
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Ajimobi remains COVID-19 positive after two weeks
The immediate past Governor of Oyo State, Senator Abiola Ajimobi, has remained Covid-19 positive two weeks after being admitted at...
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Don’t re-open schools, other public places yet, FG warns states
The Presidential Taskforce (PTF) on COVID-19 has warned states against re-opening of schools and other places where people can gather...
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Dangote, BUA row over Edo mining sites deepens
The dispute between Dangote Group and BUA Group over mining sites in Edo State came to the fore again on...
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Tension as resident doctors begin strike amid COVID-19
• What we want from govt, by strikers • NARD exempts experts treating patients from action • ‘It may worsen...
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Stock Exchange downgrades BOC Gases to low-priced stock
The Nigerian Stock Exchange (NSE) has downgraded BOC Gases Plc from medium-priced stock to low-priced stock after steep depreciation brought the...
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