CBN Retains Interest rate at 13 Per cent
Central Bank of Nigeria, CBN, on Tuesday retained interest rate at 13 percent and cash reserve requirement (CRR) at 20 percent by 500 basis points in November. It also retained…
Presidential Election: Regional Leaders Applaud Jonathan’s Statesmanship
Leaders from the ECOWAS sub-region Tuesday in Accra paid glowing tribute to President Goodluck Jonathan for his contributions to regional peace, security and overseeing the conduct of successful elections in…
Governors Now One Family Again, Elects Yari as Chairman
Nigerian Governors have at last sheathed their sword and buried their differences. In a landmark meeting late Monday night in Abuja the governors resolved to unite and promote a common…
Rivers: AGF Directs Bayelsa CJ to Swear in Nyesom Wike on May 29
To avert a constitutional crisis, the Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke, has directed the Chief Judge of Bayelsa State to administer Oath of…
History as Apple Buys a Nigerian’s ICT Firm for $1Bn
Apple has bought Chinedu Echeruo’s HopStop.com, The Wall Street Journal’s publication, AllThingsDigital reports. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities…
Splinter Governors’ Forums Unite as Shettima Succeeds Aliyu
The troubled Nigeria Governors Forum, NGF, was on the path of reconciliation Monday night as henchmen behind the two factions met for the first time since the divisive election that…
Court Orders GTBank to Refund Illegally Withdrawn N5.3bn from Customer’s Account
For a client of Guaranty Trust Bank (GTB), Dr. Ted I. Edwards, justice seems to have been served as a court has ordered the bank to pay back a hefty…
Fuel Scarcity to Worsen as Oil Workers Threaten Shut Down over Sale of Oil Blocs
Employees of the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), have been directed to shutdown indefinitely their locations and all oil production facilities…