Kachikwu disowns purported memo to Buhari on Fuel Crisis, says it’s Fake News
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has described as ‘false’ a memo allegedly written by him to President Muhammadu Buhari in which he was said to have…
MTN assigns $231m loan to HIS Holding to Shore up Profits
December 28, 2017 MTN Group said on Thursday it had assigned 231 million dollars shareholder loan to phone tower group, IHS Holding Ltd. to shore its 2017 profits. MTN said…
INEC takes campaign on voter education to Carnival Calabar
December 28, 2017 The Independent National Electoral Commission (INEC) says it is participating in the Carnival Calabar street parade as non-competitive band, to further sensitise the public on its Voter…
Fuel scarcity: DPR seals 6 filling stations in Gombe
December 28, 2017 The Department of Petroleum Resources (DPR) has sealed six filling stations across Gombe State for allegedly selling petrol above the pump price of N145 and hoarding of…
Abuja-Kaduna rail service receives 10 new coaches, 2 locomotives
December 28, 2017 The Abuja-Kaduna trains service has received a boost with the arrival of 10 new coaches and two locomotives to be deployed by the Nigeria Railway Corporation (NRC)…
NNPC, DPR intensify raid on errant fuel stations
December 28, 2017 The Nigerian National Petroleum Corporation (NNPC) and Department of Petroleum Resources (DPR) have increased the tempo of unscheduled visits to fuel stations in Abuja suspected to be…
2018: Economist forecasts better performance for naira in the Forex market
December 28, 2017 Prof. Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in 2018. Oaikhenan…
Fuel Scarcity: NSCDC arrests 36 suspects for hoarding, selling above official rate in Nasarawa
December 27, 2017 he Nigeria Security and Civil Defence Corps (NSCDC), Nasarawa State Command, has arrested 36 suspects for allegedly hoarding and selling petrol above the official pump price of…
Buhari’s son, Yusuf, suffers head injury in bike accident, He is in stable condition – Presidency
December 27, 2017 The Presidency on Wednesday said that the son of the President, Yusuf Buhari, who was involved in a bike accident, is in stable condition. Malam Garba Shehu,…
NSE market indices drop by 1.64% after Christmas holidays
December 27, 2017 Activities re-opened on the Nigerian Stock Exchange (NSE) on bearish note on Wednesday after the long holidays with the indices dropping by 1.64 per cent. The News…