FG FINALLY SCRAPS SUBSIDY ON PETROL

The federal government has officially stopped paying subsidy to oil marketers for the importation of premium motor spirit (PMS), otherwise called petrol and household...

NNPC PROMISES COMPLETION OF SIX GAS PROJECTS

To increase power supply and generate employment, the Nigeria National Petroleum Corporation, NNPC has promised to complete six gas projects, including the Escravos Lagos Pipeline...

BLAME NETWORK PROBLEM ON ERRATIC POWER SUPPLY – NCC

The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has decried the irregular power supply, which he said...

NAIRA | OFFICIAL AND BLACK MARKET RATE GAP TO CLOSE SOON – OSINBAJO

Nigeria needs to close the gap between the official and black market rates for the Naira against the dollar "very soon", Vice President Yemi...

Tax Offenders To Enjoy 29% Waiver

To improve tax compliance, the federal government has said tax offenders stands to enjoy 29 per cent waiver on overdue taxes if they take...

Diamond Bank Now A National Bank, Gets CBN’s Approval

Diamond Bank Plc has received the approval of the Central Bank of Nigeria, following its application, to operate as a national bank with immediate...

NCC, CBN Halt Etisalat’s Takeover

THE Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have got reprieve for Etisalat on the loan default crisis facing the...

NAIRA STRENGTHENS AGAINST DOLLAR AT INTERBANK MARKET

The Naira on Friday appreciated against the dollar at the interbank market, after sustaining losses for two days, the News Agency of Nigeria (NAN)...

Lufthansa Won’t Fly to Kaduna

German carrier Lufthansa will not fly to the Kaduna airport during the closure of the Nnamdi Azikiwe International Airport in Abuja, a company spokesman...

UBA Promotes 3,000 Employees

United Bank for Africa (UBA) has announced the promotion of 3,000 employees. This, it said, reinforced its commitment to human capital investment and career progression. In...
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EFCC Re-arraigns Ex-Justice Ofili-Ajumogobi

A former Judge of the Federal High Court, Rita Ofili-Ajumogobia, was on Thursday re-arraigned before a Federal High Court in Ikoyi, Lagos, over alleged...

Wike Suspends 12 LG Chairmen For Their Absence At State Function

Rivers State Governor, Nyesom Wike, has suspended 12 local government chairmen for their alleged refusal to attend official state functions. A statement signed by the...

Two Killed, Vehicles Destroyed In Tanker Fire In Ibadan

A tanker laden with petrol on Thursday fell and caught fire claiming two lives and burning four vehicles at Iwo Road area of Ibadan...