Naira firms up as CBN hikes forex sales limits to BDCs to $50,000
The Central Bank of Nigeria (CBN) has increased the amount that banks can sell to Bureaus De Change (BDCs) from $30,000 to $50,000. At the announcement of the decision Tuesday,…
NNPC Heeds Buhari Directive, to Commence Oil Exploration in Benue Trough
Following the directive by President Muhammadu Buhari, the Nigerian National Petroleum Corporation NNPC is to commence the search for crude oil and other hydrocarbon exploratory activities in the Benue Trough….
In spite of court order, we will go ahead with our convention, says Markafi
The Chairman of the National Caretaker Committee of the Peoples Democratic Party, Senator Ahmed Makarfi, has said that the party’s national convention will go on as scheduled. Markafi said no…
Nigerian Navy Destroys More Illegal Refineries, Arrests Marine Vessel
The Nigerian Navy has continued its crackdown on the activities of illegal crude oil thieves and pipeline vandals. On 10 August 2016, a patrol team deployed by NNS JUBILEE raided…
Scatec Solar secures 100 MW Solar Project in Nigeria
Scatec Solar has signed an agreement with CDIL, a Canadian renewable energy development company focused on Africa, and BPS, a Nigerian strategic consulting firm, securing the 100 MW (DC) Nova…
IBB at 75, says trekking from Enugu to Umuahia was the greatest challenge in his life
Former Nigeria military President Ibrahim Babangida has said that his toughest encounter in the army was trekking from Enugu to Umuahia where he sustained injury during the Nigeria civil war….
How FG can solve Boko Haram terror challenge, by Ejiofor, Ex-DSS Director
A retired Director of the Department of State Services (DSS) Barrister Mike Ejiofor has prescribed a therapy  for the Nigerian government to deal decisively with the challenge posed by the…
Court stops PDP Convention, Angry Justice Abang Cites Insult from PDP Member as Reason
Justice Okon Abang of the Federal High Court in Abuja has stopped the National Convention of the Peoples Democratic Party (PDP) being organized by the Senator Ahmed Makarfi-led faction of…
Jail Break: 23 Prisons officers dismissed, 11 others suspended
The Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB) has, at its emergency meeting held on Thursday 11th August, 2016, approved the dismissal of 3 senior Prisons officers serving…
Biggest Mexican Agric Firm, Others Coming to Nigeria, Says Osinbajo
Nigeria’s investment projections both foreign and local are very promising, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo spoke during a press interview in Lagos after participating in the…