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‘Current economic realities necessitated naira devaluation’
Dipping oil prices, COVID-19, increasing debt, high poverty, and unemployment have been identified as factors that have forced the Nigerian...
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FBNInsurance pays N4.4b claims in six months
FBNInsurance Limited has paid N4.4 billion claims in six months despite the impact of the coronavirus pandemic on the economy,...
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Fears rise over naira devaluation
As uncertainties over further devaluation of the naira by the Central Bank of Nigeria (CBN) continues, foreign exchange traders are...
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Darkness persists, generation falls to 2,943MW, 10 plants idle
Darkness persisted across several parts of the country on Sunday as 10 power plants sat idle. Total power generation fell...
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Most Nigerians susceptible to coronavirus, says PTF
• Insists schools to remain closed until further notice • Reps panel threatens to arrest AGF for alleged concealment of...
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Churches, mosques, hotels to open in Lagos June 19
SOME OF THE CONDITIONS •Centres to operate at 40% capacity •Kids, 65 years and above disallowed •Mid-week service, vigils banned...
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Shell: NLNG Train 7, Our Long-term Strategy for Capital Investment
The Director, Integrated Gas and New Energies, Shell Plc, Maarten Wetselaar, has said investing in the Nigeria Liquified Natural Gas...
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Tom Hanks announces positive test for coronavirus
Tom Hanks and his wife Rita Wilson have both tested positive for coronavirus, the US actor said Wednesday. Hanks, 63,...
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Dangote loses N240b in five hours to coronavirus
Africa’s richest man Aliko Dangote on Wednesday lost more than N240 billion in five hours as the effect of the...
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Returning from China, Disease Control Boss Goes into Self-isolation
Director-General of Nigeria Centre for Disease Control (NCDC), Dr. Chikwe Ihekweazu, is now undergoing 14-day self-isolation to allow for confirmation...
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FMBN disburses N238 billion in 27 years
The Federal Mortgage Bank of Nigeria (FMBN), said it has disbursed about N238billion in 27 years, which has helped to...
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Declare Lassa fever national emergency, says Academy of Science
The Nigerian Academy of Science (NAS) has urged the Federal Government (FG) to declare Lassa fever a public health incident...
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Electricity workers suspend strike, reps back agreement with FG
The leadership of the House of Representatives has said it will ensure the implementation of the agreement between the National...
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NITDA, TETFUND move to ensure digital inclusion in institutions
The National Information Technology Development Agency (NITDA) and the Tertiary Education Trust Fund (TETFUND) have signed a Memorandum of Understanding...
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Consolidated Insurance unfolds plan to attain N10 billion recapitalisation
The Consolidated Hallmark Insurance has revealed its laid down plans on how it will attain the new recapitalization directive NAICOM...
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Court sends Sowore to 45-day detention, Nigerians attack FG
The Federal Government and the judiciary came under attack on Thursday as a Federal High Court in Abuja granted the...
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Honeywell Flour Mills grosses N19b in 3 months
Honeywell Flour Mills Plc recorded modest growths across key performance indicators in the first three months of its current business year,...
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Glo pays N2.6bn interconnect debt to MTN
MTN Nigeria has received N2.6bn part-payment of interconnect debt from Globacom, sources familiar with the issue confirmed on Thursday. It...
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