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Business

EFCC docks ex-Naval Chief, 2 Rear Admirals for N600m fraud

The Economic and Financial Crimes Commission, EFCC, has arraigned a former Chief of Naval Staff, Vice Admiral Usman O. Jibrin…

Nigeria should borrow, spend less, earn more to exit recession – Obasanjo

Former President Olusegun Obasanjo on Tuesday stressed the need for Nigeria to borrow, spend less and earn more to get…
Sen. Orji Kalu

EFCC re-arraigns ex-governor Kalu, 2 others over N3.2B fraud

The Economic and Financial Crimes Commission, EFCC, on Tuesday re-arraigned a former governor of Abia, Orji Kalu and two others…

Recession offers opportunity to develop tourism, other sectors-Ambode

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the stark realities of the current economic recession could be a…

Lagos to hold maiden edition of food security summit

The Lagos State Government has concluded plans to organize a world class summit, tagged: ‘The Lagos Food Security Summit and…

Lagos demolishes illegal structures in Magodo

Kazeem Ugbodaga The Lagos State Government on Tuesday demolished illegal structures erected by traders selling building materials along the Centre…

Lagos signs MOU with AWIEF on $300M to empower women entrepreneurs

Kazeem Ugbodaga Lagos State Government on Tuesday signed a Memorandum of Understanding (MOU) with African Women Innovation and Entrepreneurship Forum…
Lagos Airport to undergo brief power shutdown on Wednesday

Reps move to reverse airport access charge

The House of Representatives, on Tuesday urged the Federal Airports Authority of Nigeria (FAAN) to reverse its decision to increase…

NNPC moves to exit JV cash call arrears

The Nigerian National Petroleum Corporation (NNPC) is set to work out modalities that would enable it exit Joint Venture cash…

Edo poll: Benin residents observe last-minute shopping

Residents of Benin have embarked on last-minute shopping ahead of Wednesday’s governorship election in the state. Investigations at Ediekel Market,…

NCAA to meet foreign airlines over alleged rejection of Naira

The Nigerian Civil Aviation Authority (NCAA) says it will soon convene a meeting with foreign airline operators over their alleged…

Breaking: Senate opposes sale of national assets

The Senate has voted overwhelmingly to reject moves by the federal government to sell some national assets to reflate the…

Clinton, Trump clash in first debate

Hillary Clinton and Donald Trump clashed Monday in their first head-to-head debate of the general election season, with Trump in…

ACF, labour reject call for sale of national assets

Arewa Consultative Forum (ACF) and organised labour have rejected the suggestion for the sale of Nigeria’s strategic assets as a…

Recession: AfDB steps in with $4.1 billion to support Nigeria

The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, says the bank has a portfolio of $4.1 billion dollars…

Buhari approves appointment of Chief Executives for 13 agencies

President Muhammadu Buhari on Monday approved the appointments of Chief Executives for 13 Federal Government agencies. Mr Bolaji Adebiyi, the…

Don’t use panic measures to address recession – ECOWAS Parliament

Members of the ECOWAS Parliament have advised Nigeria to avoid using “panic measures” to address the country’s current economic situation.…

How I got N1.6b from Jonathan’s aide – Witness

A witness in the ongoing trial of the personal assistant to former President Goodluck Jonathan on domestic matters, Waripamo-Owei Emmanuel…

Ambode launches distribution of shoes to 175,000 pupils

Kazeem Ugbodaga Wife of Lagos State Governor, Mrs. Bolanle Ambode on Monday launched the distribution of shoes and socks to…

N8bn CBN scam: Plea bargaining stalls trial

Justice Joyce Abdulmaleek of the Federal High Court sitting in Ibadan on Monday adjourned till Wednesday the trial of four…

Soludo insists on apology from Falana

Former governor of Central Bank of Nigeria, Professor Chukwuma Soludo has insisted that Lagos lawyer and human rights activist, Mr.…

$7 billion illegal loan: I have no apology for Soludo-Falana

Kazeem Ugbodaga Human rights lawyer, Femi Falana (SAN) says he has no apology to tender to former Governor of the…
PENGASSAN

Assets Sale: PENGASSAN threatens strike

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to go on strike if the Federal…

CPC vows to sanction supermarket selling fake, expired goods

The Ondo State Consumer Protection Council (CPC) says it is ready to sanction any supermarket that sells expired drugs and…

No economic recession will stop God from working for his people – Cleric

The Cleric in charge of All Saints Methodist Church Mararaba, Rev. Caleb Ekele on Sunday said the economic recession in…
gas

Price of cooking gas drops in Asaba

The price of cooking gas has dropped in Asaba, a market survey has shown. The survey showed that the cost…

NCC receives 6,163 complaints from telecoms subscribers in Q2

The Nigerian Communications Commission (NCC) says it received 6,163 complaints from telecommunications subscribers in the second quarter of 2016. Mr…

Fuel tanker falls on car, kills one in Lagos

A petrol tanker with Registration No. AGL 664 XG, on Sunday morning fell on a moving car in Lagos and…

NCS adopts new approach to check smuggling

The Sokoto State Area Command of the Nigeria Customs Service (NCS) has adopted a community based approach to check the…

Economic recession; a lesson for Nigeria — Obaseki

All Progressives Congress (APC) governorship candidate in Edo Godwin Obaseki says the present economic recession in the country is a…
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