Buhari Nominates Shonubi As New CBN Deputy Governor

President Muhammadu Buhari on Friday approved the nomination of Mr. Folashodun Shonubi as Deputy Governor of the Central Bank of Nigeria, subject to Senate...

Ethiopia Takes Delivery Of 100th Aircraft Next Week

Ethiopian Airlines has announced that it will take delivery on June 5, of its 100th aircraft, a Boeing 787-900. This will make it the first...

FG Raises Foreign Reserve To $48bn In 12 Months

The Central Bank of Nigeria (CBN) has said the nation’s foreign reserve presently stands at $48 billion, rising by 100 per cent in the...

CBN Retains Monetary Policy Rate At 14%

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.   The CBN Governor,...

Supreme Court Tells Akingbola To Face His N5bn Trial

The Supreme Court on Friday ordered a former Managing Director of the defunct Intercontinental Bank Plc, Dr Erastus Akingbola, to return to the Federal...

Oil Hits $80 For First Time Since 2014

Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to...

NCAA Suspends First Nation Airways’ Operation

The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operators Certificate (AOC) of First Nation Airways indefinitely over “unauthorised and illegal operations”. NCAA Spokesman,...

NNPC To Commence Oil Exploration Along Gongola Basin – Baru

The Group Managing Director, Nigerian National Petroleum Company (NNPC), Dr Maikanti Baru, on Friday said that the company would commence oil exploration along Gongola...

Twitter Announces Data Breach, Encourages Password Change

Social media platform, Twitter, on Thursday revealed that it experienced a technical glitch that revealed private data of its users. The micro-blogging site shared details...

Fidelity Bank Declares N3.2bn Dividend

Fidelity Bank Plc has delivered another set of strong financial results, posting a 94 per cent growth in profits for the year ended December...
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Court Frees Premium Times Journalist

A journalist, Samuel Ogundipe, who has been detained since Tuesday by Police in Abuja has regained his freedom.   According to a report by his employers,...

FG Declares Tuesday, Wednesday Public Holidays

The Federal Government has declared Tuesday 21st and Wednesday 22nd August as public holidays to mark the 2018 Eid-El-Kabir celebration. The Minister of Interior, Lt....

FG Paid Huge Ransom For Dapchi Girls – UN

A United Nations report has revealed that the Nigerian government paid huge sums in ransom to secure the release of the over 100 school...
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