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FCMB raises N5.1 billion through bonds

First City Monument Bank, FCMB has sold N5.1 ($16 million) of bonds, less than it originally planned to raise, at…

CBN sells N400 billion Bill to mop up money market liquidity

The Central Bank of Nigeria, CBN, sold about N400 billion ($1.27 billion) of Treasury bills on Friday, lifting the interbank…

Addressing Nigeria’s Infrastructural deficit

By Tayo Ogunbiyi Infrastructure development is critical to achieving human capital development in any society. The economic impact that infrastructure…

N19.7b NIMASA fraud: EFCC re-arraigns Akpobolokemi, 3 others

The Economic and Financial Crimes Commission (EFCC) on Friday re-arraigned former NIMASA boss Patrick Akpobolokemi and three others before a…

Jigawa adopts measures to boost rice, wheat production

The Jigawa Government has adopted proactive farmer support programmes to boost the production of paddy rice and wheat in the…

Unpaid salaries:Ooni urges state governments to pay workers

The Ooni of Ife, Oba Enitan Ogunwusi, Ojaja II, has decried state governments owing workers salaries running to several months,…

DPR seals 7 filling stations in Zamfara over hoarding

The Department of Petroleum Resources (DPR) has sealed up seven filling stations in Gusau, Zamfara for hoarding and selling petrol…

Kerosene explosion claims pregnant woman, son

The Enugu State Police Command has confirmed the death of a pregnant woman and her son after a kerosene explosion…

Lagos charges public servants to possess right attitude to work

The Lagos State Government has charged public servants in the state to possess the right attitude to work in order…

Charcoal dealers make huge sales in Enugu

Charcoal sellers are now making huge sales in Enugu, as most residents of the city have virtually dumped their kerosene…

Facebook to pay $500m over theft

US jury in Texas , media reports on Thursday, ordered Facebook Inc, its virtual reality unit Oculus, and other defendants…

Businessman defrauds South African company of $936, 000

A businessman, Chris Ifeorah, who allegedly defrauded a South African firm of 936,000 dollars, on Wednesday in Lagos got a…

Ambode okays death penalty for kidnappers, signs bill into law

Lagos State Governor, Akinwunmi Ambode on Wednesday signed a bill into law specifying death penalty for kidnappers, whose victims died…

Plateau: Commission plans mass redeployment of LG staff

The Plateau Local Government Service Commission on Wednesday said it has concluded arrangements to carry out mass redeployment of personnel…

Teaching in the age of communication technology

By Dr. Akintola Benson Oke Without a doubt, teachers are pretty important to the society. Teachers hold the key to…

Lagos sets to employ 27,500 community sanitation officers

The Lagos State Government is set to employ 27,500 Community Sanitation Officer as part of the on-going solid Waste Management…

Warren Buffett: I bought $12 billion of stock after Trump won

The failure of Warren Buffett’s favored candidate to capture the White House has not dimmed the billionaire’s appetite for stocks.…

Oil prices jump as OPEC cuts output, dollar sinks

Oil prices rose more than one per cent on Tuesday after news that the world’s top producers cut production in…

Saraki accepts chief of staff’s resignation

The President of the Senate, Dr Bukola Saraki, has accepted the resignation of his Chief of Staff, Sen. Isa Galaudu.…

Ambode bans LG officials from traffic enforcement, cancels official number plates

Lagos State Governor, Akinwunmi Ambode has ordered the ban of all Local Government officials in the state from controlling or…

Lagos empowers 200 public servants with communication skills to resolve conflict

The Lagos State Government has empowered 200 public servants with communication skills for conflict resolution in governance. Commissioner for Establishments,…

Robbers kill policeman, injure sergeant in bank raid

Rivers Police Command said it foiled a bank robbery and lost a personnel at Rumuibekwe area of Port Harcourt on…

I-G appoints CSP Moshood new Police spokesman

The Inspector-General of Police, Mr Ibrahim Idris, has appointed Mr Jimoh Moshood, a Chief Superintendent of Police, as the new…

Ex-JAMB registrar commends communications minister

The immediate past registrar of the Joint Admissions and Matriculation Board (JAMB), Professor Dibu Ojerinde, has described Barrister Adebayo Shittu,…

Robbers attack GTB in Port Harcourt

A suspected robbery gang on Monday stormed the branch of the Guarantee Trust Bank (GTB) along Shell RA Bus Stop…

Kidnapping: Is capital punishment a deterrent?

By Hon. Mufutau Egberongbe Yes, Lagos is more than a country if it is to be compared with some countries…

Lagos police arrest “Biafra Times” publisher, 9 others for alleged sedition

The police in Lagos on Monday said they had arrested the publisher of Biafra Times and nine others for allegedly…

ASUP begins one-week warning strike

The Academic Staff Union of Polytechnics (ASUP) on Monday began a nationwide seven-day strike over shortfall in payment of salaries…

Firewood demand rises in FCT

Some suppliers and distributors of firewood in the Federal Capital Territory (FCT), said that there had been an overwhelming increase…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

Customs intercept 661 guns imported through Lagos port

The Federal Operations Unit (FOU) of the Nigeria Customs Service (NCS) intercepted 661 pieces of pump action rifles from China,…
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