TheNigerian National Petroleum Corporation (NNPC) has injected additional 688 million litres of petrol into the market, to avert nationwide scarcity. The Coordinating Minister for th... Read more
The Senate has cut subsidy payable on petrol in the coming year to N100 billion, On Kerosene to N45.52 billion. The Senate’s decision to whittle down the costs of some major items in t... Read more
The Central Bank of Nigeria (CBN) has directed banks to close all revenue accounts belonging to Ministries, Departments and Agencies (MDAs) of the Federal Government, as mandated under the r... Read more
The Governor of Delta State, Dr. Emmanuel Uduaghan, said on Monday that the actual figure of crude stolen daily in Nigeria is 60,000 barrels and 400,000 as been about by politicians with ves... Read more
Wema Bank Plc on Monday announced the appointment four new persons to its board. according to the announcement, Mrs. Abolanle Matel-Okoh, Mr. Babatunde Kasali, Mrs. Folake Sanu and Mr. Wole... Read more
The Nigerian Maritime Administration and Safety Agency (NIMASA) on Sunday gave a 72-hour ultimatum to the country’s leading opposition party, All People`s Congress (APC), to retract w... Read more
President Goodluck Jonathan on Saturday commissioned the 220 MegaWatts capacity plants belonging to Egbin Generation company Plc, Lagos, with a promise that of stable power supply in near fu... Read more
Jimoh Ibrahim Court officials, assisted by policemen, on Friday sealed off the office of Newswatch magazine. The magazine arm of the media business of Lagos-based lawyer and Chief Executive... Read more
A fire has swept through the Torch skyscraper in Dubai, one of the tallest residential buildings in the world. Strong winds helped the blaze to spread across the 336.1m (1,105ft) high buildi... Read more
The Naira on Friday depreciated by N5 to the dollar as it traded N215 at the Bureau De Change (BDCs) segment of the official market. It also depreciated by N7 at the black market, selling at... Read more