NAIRA TO SUFFER 15 PER CENT DEVALUATION —STANDARD & POOR’S

THERE seems to be no respite for the naira, as international rating agency, Standard and Poor’s, on Wednesday, said the Federal Government will have to...

SHELL TO BEGIN EXPORTS FROM FORCADOS TERMINAL AFTER TWO-MONTH CLOSURE

Shell has lifted a force majeure on exports of Nigeria’s Forcados crude oil stream that had been in place for more than two months,...

UBA RAISES ₦11.5 BILLION FROM RIGHTS ISSUE

United Bank for Africa (UBA) said on Friday it had raised ₦11.5 billion ($57.8 million) by selling new stock to existing shareholders to bolster...

NAIRA DROPS TO 241 AGAINST DOLLAR

The naira hit another record low of 241 against the dollar at the parallel market on Monday as the Central Bank of Nigeria’s restrictions...
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Photos: Buhari Decorates New Acting IGP Mohammad Adamu

President Muhammadu Buhari has appointed a new Inspector General of Police, Mr. Mohammad Abubakar Adamu Buhari decorated the new Inspector General of Police at the...

Big Brother Naija Season 4 To Hold In Nigeria

The fourth season of Big Brother Naija (BBNaija) will be staged in Nigeria, the organisers have announced.   It will be the first time the reality...

AIG Abuabakar Adamu Is New IGP

President Mohammadu Buhari has appointed AIG Abuabakar Adamu as the Acting Inspector General of Police. He replaces Ibrahim Idris, who has attained the statutory retirement of...
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