China Begins Export Of Used Cars To Nigeria

China has commenced the export of used cars to Africa, Asia and Europe, with Nigeria one of the destinations for the first batch of...

MTN Lifts Partial Ban On Glo Calls

MTN has lifted its partial ban on calls from Globacom subscribers to its network after stakeholders intervened in the matter. This came after a breakdown...

Govt Won’t Renew Expired Oil Block Licences

There is no immediate plan by the Federal Government to renew the expired oil block licences, particularly those belonging to international oil companies operating...

CBN Licenses Three New Banks

Nigeria's Central Bank approves licenses for three new financial institutions. Nigeria's Central Bank has approved licenses for three new financial institutions in the country. According to...

We Paid $665m To Renew Three Oil Blocks —Mobil

An oil giant, Mobil Producing Nigeria Unlimited (ExxonMobil), has denied an allegation of owing the Federal Government to the tune of $1.8bn for the...

Fuel Pump Price May Be Increased Soon -NNPC

Nigerian National Petroleum Corporation (NNPC) has hinted that pump price of premium motor spirit (PMS) may be increased soon, as it described the N145...

I’ll End Fuel Import, Fix Refineries By 2023 – Kyari, New GMD NNPC

Kyari vowed to carry all stakeholders along, stating that the  NNPC would work with other agencies in the petroleum industry to deliver the benefits...

OPEC Re-Elects Barkindo As Sec-Gen For Another Three Years

Mohammad Sanusi Barkindo, OPEC Sec-General The Organization of Petroleum Exporting Countries (OPEC) has announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for...

FG Directs CBN, Others To Synergise With JTB

The Federal Government has directed the Central Bank of Nigeria (CBN), Nigeria InterBank Settlement System (NIBBS), the National Identity Management Commission (NIMC), to cooperate...

Zimbabwe Outlaws Use Of US Dollar And Other Foreign Currencies

In a bid to defend its fledgling new currency against black market speculation, Zimbabwe's Finance Minister Mthuli Ncube on Monday outlawed the use of...
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Development In Focus As Sanwo-Olu Inaugurates Cabinet By Gboyega Akosile

In fulfilling his electioneering promise that his cabinet would be constituted within 100 days of his government, Lagos State Governor Babajide Sanwo-Olu, recently released...

I’m Mentally Unstable, Says Soldier Who Raped AAU Student

Sunday Awolola, the soldier who allegedly raped a female student of Adekunle Ajasin University, Akungba Akoko, Ondo State, told a magistrate’s court in Akure...

Fake Police Officer Arrested In Anambra For Stealing Car In Lagos

A fake policeman, Mr. Hassan Abuka, has been arrested in Anambra State with a Toyota Corolla car which suspected to have been stolen in...