Volkswagen Opens Rwanda’s First Car Plant

Rwanda’s first domestically built car rolled off the assembly line at Volkswagen’s new factory in Kigali on Wednesday as Europe’s biggest carmaker taps into...

NERC Suspends Board Of Ibadan Disco

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday announced its suspension of the entire management board of the Ibadan Electricity Distribution Company (IBEDC) for...

Finally, Buhari Signs N9.12tr 2018 Budget With Reservations

President Muhammadu Buhari has signed an appropriation bill of N9.12trillion into law for the 2018 fiscal year. The President while signing the document at the...

Kachikwu Emerges President Of African Oil Producers Association

Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has emerged the next president of the African Petroleum Producers Organisation (APPO). Kachikwu was announced...

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...
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Saraki Appointed Atiku Campaign Council DG

Nigeria Senate President Bukola Saraki has emerged the campaign director to the Peoples Democratic Party (PDP) presidential flag bearer Atiku Abubakar. Saraki’s appointment as the...

EO6: PDP Charges CJN To Protect Judiciary From Fascist Policies

The Peoples Democratic Party (PDP) has called on the Chief Justice of Nigeria, Justice Walter Onnoghen, to immediately protect the institution of the judiciary...

My Conviction An Assault On Integrity Of British Justice, Says Ibori

Former Governor of Delta State, Chief James Onanefe Ibori, has reacted to the huge response to his statement on October 14, 2018, where he...
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