President Buhari Reconstitutes NNPC Board

President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC). This followed the expiration of the term of...

Just In: Former NNPC GMD, Maikanti Baru Dies At 60

The former Group Managing Director(GMD)  of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, is dead. Baru died of an undisclosed ailment on Friday night....

FG To Source N170bn Via Sukuk Bond

The Nigeria government has unfolded plan of raising N170 billion through Islamic sukuk bond.   A notice to this effect, posted on the website of Debt...

Nigeria To Pay Madagascar €170,000 for COVID-Organics

Contrary to wide impressions, Madagascar is not playing Father Christmas with its COVID-Organics herbal drink.   According to reports, the island nation has asked Nigeria to...

No 5G Licence Holder In Nigeria, Says NCC

The Nigerian Communications Commission (NCC ) has reiterated that it has not licensed any telecoms firm to provide 5G services.   A statement by its Director,...

We Have Enough Forex, CBN To Investors

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has told investors not to panic, saying the CBN has enough foreign exchange to...

Banks’ Deposits Jump 13% In Q1

Nigeria’s big banks received a combined N16.22 trillion from customers through deposits across various account types in the first quarter of 2020 as business...

PHCN Official Attacked For Distributing Electricity Bills

A staff of the Ibadan Electricity Distribution Company IBEDC, Ayorinde Olajide, was attacked by aggrieved residents of Isale Igbeyin/Grammar school areas of Abeokuta in...

COVID-19: Arik Suspends 90% Of Workforce, Cut Salaries By 80%

Nigeria’s major carrier, Arik Air has ordered 90 per cent of its staff to proceed on leave without pay till further notice.   It has also...

IMF Mulls $100bn Financing For Nigeria Amid Recession Fears

The International Monetary Fund (IMF) has envisaged the worst economic fallout globally since the Great Depression and therefore plans a $100 billion financing package...
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Community Policing Takes Off In Lagos

Sanwo-Olu Inaugurates Operations Teams Gov: ‘Initiative’ll Address Shortcomings Of Existing Policing Model’ New Approach To Shift Focus To Proactive Law Enforcement, Says IGP Lagos...

Obiano: No Face Mask, Pay N10,000

The Anambra State Governor, Willie Obiano, has said any resident who fails to wear face mask will be fined N10,000.   The governor stated this in...

Four Officers Involved In George Floyd’s Death Now In Custody, Charged

All four fired Minneapolis police officers involved in George Floyd’s death now face criminal charges, and all are in custody. According to court records, Tou...