The Department of Petroleum Resources (DPR) has suspended fuel import permit of Capital Oil, Sahara Petroleum and Folawiyo Petroleum for three months for alleged profiteering. This...
The Naira today traded a about N260 to the dollars as scarcity of the greenback continues to hit the parallel market. The Naira closed last week...
Nigeria’s President Buhari who has repeatedly refused to devalue the Nigerian naira against experts advice looks on as the Nigerian economy suffers recession. The naira fell...
The Nigerian local currency, naira, is trading at 250 to the greenback and 365 to the pound on Wednesday at the parallel market. “We are selling...
An impromptu meeting of the Federal Executive Council (FEC) held Monday at the Presidential Villa in Abuja with the federal government proposing a Medium Term Expenditures...
The 20 Nigerian cabin crew members recently laid off by Virgin Atlantic Airways Ltd, have instituted a N5billion suit against the Airline before the National Industrial...
No fewer than 65 shops were destroyed by fire in the furniture section of Sabon Gari Market in Kano on Thursday night, an official said. The...
Fire gutted the furniture section of the Sabon Gari market situated on France Road in Kano on Thursday. Eye witness told NAN that the incident started at...
President Muhammadu Buhari departs Abuja for South-Africa ahead of the China-Africa Corporation Forum in Jonannesburg. While at the #FOCAC summit in Johannesburg, President @MBuhari will follow...
Nigerian telecoms authorities have reduced by a more than third a $5.2 billion fine imposed on South African mobile phone operator MTN Group for failing to...
Vigilant Aviation Security staff of the Federal Airports Authority of Nigeria, today, December 2, 2015, apprehended a man, Mr. Alabibu Olushola, who was attempting to stow...
The Senate Committee on Appropriation on Monday directed the Federal Ministries of Petroleum Resources, Budget and National Planning and Finance to reconcile their records and include...
