Nigeria is out of recession but business climate still tough – World Economics
London-based organisation, World Economics has declared that Nigeria’s economy is out of recession, but that “conditions remain difficult for businesses”. World Economics, which is dedicated to producing financial analysis, insight…
Nigerian journalist arrested in US for robbing four banks
Abdullahi Shuaibu, described by the New York Police department as an employee of the United Nations was arrested for robbing four Manhattan banks, all during his lunch hour. Shuaibu, 53,…
Naira bullish at N398 to a dollar in parallel market
The Naira firmed against the US dollar at the parallel market on Tuesday, closing at N398 to the dollar, as the Central Bank of Nigeria sustains the supply of dollars…
Customs boss demands synergy among stakeholders to boost ease of doing business
The Nigerian Customs Service, NCS, has called for synergy among all stakeholders in the Nigerian business environment to help in the proper implementation of the reforms by the NCS, to…
NAF to deploy Mi-35M attack helicopters against Boko Haram; more military hardware coming from Russia
The Nigerian Air Force (NAF) will induct two newly acquired Mi-35M attack helicopters into its inventory to help improve the aerial component of the counter-terrorism and counter-insurgency operations against Boko…
Nigerians among 9,000 migrants rescued in the Mediterranean, another 20 migrants found dead, buried by Libyan officials
Nearly 9,000 mainly African migrants were rescued in the Mediterranean this past long weekend after being put by smugglers in Libya onto unseaworthy boats heading toward Italy, U.N. aid agencies…
Gunmen abduct trader in Niger State, demand ransom
The scourge of abduction sweeping through the nation has landed in Niger State once considered one of the most peaceful states in the northern fringes of Nigeria as eight unidentified…
Lagos drags behind Dubai, Nairobi as 5th top destination of Fortune 500 companies
Lagos is the fifth leading destination of Fortune 500 companies within the Middle East and Africa, according to a new report released Tuesday by Infomineo (www.Infomineo.com), a global business research…
Reps puts Jonathan on the spot, investigate Arms Probe Panel, invites memo from top officials, 241 firms
The House of Representatives has mandated a Joint Committee on National Security and Intelligence and Public Procurement to investigate the Jon-Ode led Presidential Arms probe panel which was recently disbanded…
NCC looks to law enforcement agencies to protect telecom investments
Professor Umar Danbatta, Executive Vice Chairman, Nigerian Communications Commission, NCC, is seeking the support of law enforcement agencies to put out every assault and criminality undermining telecommunications operation in Nigeria….