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Banks Seek Customers To Buy Surplus Forex
Commercial banks are now seeking customers to buy the surplus foreign currencies they have after the Central Bank of Nigeria (CBN) continually flooded the market with foreign exchange. It would be...
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Nigerians Show Huge Interest As Dmo Opens FGN Savings Bond
As the FGN Savings bond opened yesterday, brokers say the response to the bond has been huge as individuals made enquiries with interest to participate in the bond. The Debt Management Office (DMO) is...
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Convention: APC Suspends Constitution Review Indefinitely
The All Progressives Congress (APC) has suspended its scheduled nationwide public hearing aimed at amending the party’s constition in the leadup to its non-elective national convention indefinitely,...
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Security Challenges: Buratai Charges Commanding Officers On Mandate Of...
The Chief of Army Staff ( COAS ) , Lt. Gen. Tukur Buratai has charged the General Officers Commanding (GOCs) in the country to be professionally responsive to the constitutional mandate of the Nigerian...
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Gombe PDP Loses Another Political Heavyweight To APC
One of the chieftains of the Peoples Democratic Party (PDP) in Gombe State, Alhaji Farouk Bamusa and thousands of his loyalists, has defected to the All Progressives Congress (APC). Bamusa, a founding...
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Police Promotes 28,627 Rank And File
The Nigeria Police has promoted 28,627 rank and files to their next rank. According to a statement by the Force public relations officer, CSP Jimoh Moshood, the promotion is in line with measures to...
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MAN Diesel & Turbo To Install Compressors, Turbines For Dangote Refinery
With a double-digit million dollar order volume, Germany-based MAN Diesel & Turbo will deliver two compressor trains to Dangote Oil Refining Company. Dangote Corporation is currently building...
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Adeosun Asks CBN To Extend BVN To Microfinance Banks
The Minister of Finance, Mrs. Kemi Adeosun has urged the Central Bank of Nigeria (CBN) to expedite action in the planned extension of the requirement for Bank Verification Number (BVN) to account...
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Major Shakeup Hits NIPOST, As PMG Unbundles States Into 7 Zones, Creates 6 CBU
The postmaster-general (PMG) of the Nigerian Postal Service (NIPOST), Barr. Bisi Adegbuyi has approved the unbundling of its offices across the 36 states of the federation and the Federal Capital...
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Nigeria Needs To Develop Underground Space To Decongest Cities – Afe Babalola
Development of underground space to reduce surface congestion and bridge Nigeria’s infrastructural gap is overdue, Aare Afe Babalola said yesterday. The founder and chancellor of Afe Babalola...
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Abuja Airport Closure: FG Conveys 1,890 Passengers By Road, 4 Days After
The federal government of Nigeria has conveyed a total number of 1,890 air passengers by road on the first four days of Nnamdi Azikiwe Airport runway closure to and from Kaduna International Airport....
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PMB Resumes, Gives Directives On Economy, Budget, Others
President Muhammadu Buhari yesterday resumed official duties after returning from a seven-week vacation in the United Kingdom. Apparently burning in an unquenchable desire to speed up work from where...
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Osinbajo To Open Abuja Mining Summit June 13
The Vice President, Prof Yemi Osinbajo will declare open the National Mining Summit billed to take place in Abuja on the 13th, June, 2017. The mining event was put together by Afrocet Montgomery and...
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Makarfi, Sheriff Feud Intensifies Over Claims Of N50m Inducement
The leadership crisis in the Peoples Democratic Party (PDP) intensified yesterday as leaders of two camps within the party, Senator Ali Modu Sheriff and Senator Ahmed Makarfi traded allegations over...
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Benue Reps Caucus Reads Riot Act Over Herdsmen Attacks
Following the latest attacks by suspected Fulani herdsmen on Mkovughur village in Buruku local government area of Benue State, members of the Benue State caucus in the House of Representatives have...
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Whistleblowing Gone Wrong: My Case With NERC
We all are happy that the promise by the federal authorities to reward anyone who helps to find looted funds seems to be yielding fruit. If the government keeps its promise to give them 5% of the loot,...
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House Clerk Dies On NASS’ Staircase
A clerk in the House of Representatives, Mohammed Shuaibu, yesterday slumped and died at the National Assembly complex, Abuja. Shuaibu, who was 55 years old, was the clerk of the House Committee on...
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Ban On Helicopter Service: Minister Appeals For Calm
The Minister of State for Aviation, Senator Hadi Sirika has said government is currently working out modalities to tackle the recent ban of helicopter service between Kaduna and Abuja and appealed for...
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Abuja Light Rail Project 90% Completed – FCT Minister
The FCT minister, Malam Muhammad Bello, said on Monday that work on Abuja Light Rail Project has reached 90 per cent, as most of the rail stations are at the finishing stages. The minister made this...
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Reps Lament IOCs Violation Of Local Content Act
The House of Representatives committee on local content has harped on the need for International Oil Companies (IOCs) to abide by the provisions of the Nigerian oil and gas content development act 2010...
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