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Turkish Govt wants all Turkish schools in Nigeria shut

29 July 2016, 12:30

The Turkish government has appealed to the Federal government to close down the 17 Nigerian-Turkish International Colleges in Nigeria.

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Militant group rejects NDDCG as dialogue team

28 July 2016, 20:15

The Ndokwa ethnic militant group said it did not mandate the Niger Delta Dialogue Contact Group, NDDCG, to negotiate on their behalf with the Federal Government.

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No hawking, no trading - Lagos bans street selling

27 July 2016, 22:13

Hawkers will now risk up to six months in jail and a fine of 90,000 naira if they're caught selling on the streets of Lagos.

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Nigeria hikes rates to lift naira, fight inflation

27 July 2016, 08:32

The Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate to 14 percent from 12 percent in move to stabilise the country's currency, the naira, and tame soaring inflation.

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EFCC to probe IPMAN over N10.9b subsidy fraud

26 July 2016, 21:32

The EFCC will begin investigation into the alleged N10.9billion oil subsidy scandal rocking the Independent Petroleum Marketers Association of Nigeria (IPMAN).

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Buhari orders NNPC to intensify oil exploration

26 July 2016, 07:31

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation, NNPC to intensify the rate of crude oil exploration activities in the north eastern parts of the country.

Fuel scarcity to hit again as truck drivers go on strike

26 July 2016, 11:20

Nigerians have been urged to brace for possible fuel scarcity as truck drivers embark on a nationwide strike on Tuesday.

Group seeks probe of alleged N40b budget padding

25 July 2016, 20:11

The Socio-Economic Rights and Accountability Project (SERAP) has called for an independent probe into the alleged N40 billion 2016 budget padding by the National Assembly.

FG loses $.39m to visa payment reversals in South Africa

25 July 2016, 22:30

Nigeria’s Consul-General in South Africa Ambassador Uche Ajulu-Okeke said the Federal Government lost $39 370 (about N10.9 million) as visa and passport fees at processing centres.

Nintendo shares plunge on Pokemon Go warning

25 July 2016, 12:32

Shares in Nintendo plunged Monday after it warned that the Pokemon Go mania sweeping the world would not translate into bumper profits, taking the wind out of a dizzying rally that saw the firm's value more than double.

Buhari in talks with Niger Delta Avengers

22 July 2016, 07:23

President Muhammadu Buhari confirmed that he was currently holding talks with the Niger Delta Avengers in an attempt to negotiate an end to the continuous vandalism of oil facilities in the region.

Decaying Nigeria requires complete overhaul - Obasanjo

22 July 2016, 08:21

Former President Olusegun Obasanjo said that a culture of corruption has manifested itself deeply within Nigeria and that the problem will remain until the need for reform institutions is not fulfilled.

Avengers dismiss talks with government

22 July 2016, 10:45

The Niger Delta Avengers has denied report that the Federal Government is talking to Niger Delta militants through oil companies and law-enforcement agencies to find a lasting solution to insecurity in the region.

Avengers warns NUPENG, PENGASSAN, foreigners to leave oil fields

21 July 2016, 13:07

Militant group Niger Delta Avengers has warned NUPENG, PENGASSAN and foreigners to “leave all oil fields and terminals in the Niger Delta because it is going to be dirty very soon.

Naira sinks to 375/dollar

21 July 2016, 13:07

The Naira has suffered heavily at the parallel market depreciating by N7 against the dollar.

FG, oil majors agree on recall of sacked workers

21 July 2016, 18:31

The Federal Government yesterday reached an agreement with some major oil marketers to recall sacked workers as requested by the sector’s labour unions.

Buhari nominates MD for Niger Delta Development Commission

21 July 2016, 09:52

President Muhammadu Buhari has nominated Nsima Ekere and Senator Victor Ndoma-Egba as the managing director and chairman of the Niger Delta Development Commission.

Fuel scarcity looms as transporters threaten strike

20 July 2016, 21:01

The organization of all commercial vehicle owners and petrol tanker drivers in Nigeria, has threatened to withdraw its services in seven days if outstanding claims owed to its members by government and oil marketers are not paid.

IMF says Nigeria heading into recession

19 July 2016, 22:26

The IMF slashed its growth forecast for the Nigerian economy this year, saying a combination of plunging oil revenues and weakened investor confidence will push it into recession.

Nigeria's economy is in bad shape - CBN

20 July 2016, 08:21

The Central Bank of Nigeria has told senators in a closed doors meeting that the Nigerian economy is in a bad state with financial projections not painting a good picture for its financial future.

Nigeria ghost workers pose a major headache

19 July 2016, 15:20

The United States chapter of the South-South Native Assembly (SSNA) has urged the administration of President Muhammadu Buhari to address the crisis of ghost workers.

Nigerian official inflation rises to near 11-year high

19 July 2016, 07:24

Inflation surged to 16.5 percent in Nigeria last month - its highest level in more than decade - as prices of imported food and energy jumped after the government stopped propping up the currency, the National Bureau of Statistics said Monday.

Amaechi accused of stealing N3trn

18 July 2016, 18:00

The Rivers State Government has accused former Governor Rotimi Amaechi of misappropriating N3 trillion from the coffers of the state in eight years.

Lagos to experience major blackout today says TCN

18 July 2016, 11:34

The Transmission Company of Nigeria (TCN) has announced that many parts of Lagos, Nigeria will experience blackout between 10am and 1pm today, Monday, July 18.

Etisalat Nigeria rewards innovators

18 July 2016, 11:43

Etisalat Nigeria, the mobile network operator, has called for entries for the 2016 edition of its Prize for Innovation.

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