Former President Olusegun Obasanjo, on Saturday, said he prays the embattled factional Chairman of the Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, would not be...
Nigerians may be out for another cycle of fuel scarcity as the shortage of dollars has started having its toll on fuel importation by the Nigerian...
The presidency has fully acknowledged that the Nigerian economy is in shambles, but is also optimistic that it can be fixed. The Presidency however warned that...
The Minister of Information and Culture, Alhaji Lai Mohammed, on Friday in Abuja, disclosed that the looted funds so far recovered is insignificant to help revive...
Governor of Jigawa state, Abubakar Badaru has absolved former President Olusegun Obasanjo of any blame over the economic recession that has hit Nigeria. He however declared...
The All Progressives Congress (APC), has hit back on Peoples Democratic Party (PDP), accusing its past presidents as the cause of the present economic recession in...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
With effect from tomorrow (Thursday) all staff of Aero Contractors will precede on compulsory leave as the airline has announced a suspension of its scheduled operational...
Nigerians hoping to build houses in the near future and those in the construction industry have to now reconsider their plans in terms of cost. This...
The factional Chairman of the Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, has said the leadership of the party’s Board of Trustees, BoT, is illegal....
The Nigerian economy seems still in the low as its Central Bank Economic Report for the Second Quarter 2016 indicates a budget deficit of well over...
Embattled House of Representatives member, Abdulmumin Jibrin has described Leo Ogor, House Minority Leader, as an epitome of corruption “who needs a doctor to delate his...
The Minority Leader of the House of Representatives, Leo Ogor, has said there is an urgent need to conduct psychiatric tests on Abdulmumin Jibrin, to determine...
Nigerian equities lost N68 billion amidst a global selloff in equities that saw most emerging markets and key advanced economies with comparatively higher losses. In a...
A new twist has been added to the budget padding allegation rocking the House of Representatives, as the sacked Chairman of the House Committee on Appropriations,...
The Nigerian Army Saturday, said its troops have killed five militants in the Niger Delta while others were wounded. According to a statement by the Acting...
The ‘never say die’ Senator Abdulmumin Jibrin, has again alleged that Speaker Yakubu Dogara and all 10 principal officers have received about N10 billion as running...
The new leader of the Nigerian Bar Association (NBA) Abubakar Balarabe Mahmoud SAN was on Friday sworn-in as the 28th president of the umbrella body of...
The non-performing loans (NPLs) in Nigerian banks rose from 68 per cent in 2015, to 78 per cent in May 2016. According to the Central Bank...
Professor Charles Soludo, on Thursday in Kaduna State, took the Muhammadu Buhari-led All Progressives Congress (APC) government, to the cleaners detailing what the government must do...
The suspension of nine commercial banks from participating in Nigerian foreign exchange market has resulted in investors selling off their shares in panic at reduced values...
The Emir of Kano, Lamido Sanusi 11, has asked President Muhammadu Buhari to review some of his policies and make amendments in order not to make...
Nigeria will spend close to $2.5 billion to cleanse oil spills and repair damaged oil facilities resulting from activities of militants in the Niger Delta region,...
The Central Bank of Nigeria (CBN) has brought down the hammer on nine banks for flouting extant financial regulations. The apex bank has banned them from taking...
The insistence by the Federal Government to deduct at source, about N35 billion, bailout and other loans owed by states may see some of them not...
Nigeria is on the verge of losing about $25.5 million of its direct foreign investment (DFI) as soon as the ongoing amendment of the Nigeria Liquefied...
Wema Bank Plc has sold its majority equity stake of 75 per cent in the 56 years old Great Nigeria Insurance (GNI) Plc to Insurance Resourcery and Consultancy...
Jolted by the outcry over slow implementation of the 2016 budget, Nigeria’s government is said to have intensified search for funds with which to executive a...
Despite expectations, solid minerals in Nigeria cannot easily displace oil as a dominant sector of its economy, investigation has revealed. It was projected that in five...
If the current effort by Nigerians living outside the shores of the land is sustained, naira, the local currency may soon regain some lost grounds against...
The slide of the value of naira has started impacting negatively on Nigeria’s foreign exchange reserve (FER), which has suffered a 15 per cent drop in...
Former President, Dr Goodluck Jonathan, has described as mere ruse, reports that he is being investigated by the Federal Government for his alleged link with the...
Embattled factional chairman of the Peoples Democratic Party, PDP, Ali Modu Sheriff, has insisted he remains the chairman of the party in spite of the ruling...
An estimated $2.5 billion will be spent by the Nigerian government, in its latest efforts at discovering crude oil in the Chad Basin. This is a...
An Abuja High Court on Wednesday reaffirmed the sack of Senator Ali Modu Sheriff as the Peoples Democratic Party (PDP) national chairman. The court, presided over...
The tenure of Ahmed Makarfi-led Caretaker Committee of the Peoples Democratic Party (PDP), has been extended for one year. The tenure elongation came through vote of...
In apparent fear of the wrath of Justice Okon Abang of the Federal High Court Abuja, the Nigeria Police has sealed off the venue for today’s...
President Muhammadu Buhari has also directed the Nigerian National Petroleum Corporation (NNPC) to commence a search for crude oil in the Benue Trough. This is coming...
Nigeria’s economic woes dampened further, as the United States and India, major buyers of its oil announced reduction of their imports by 53 per cent and...
Again, a Federal High Court in Abuja presided over by Justice Okon Abang on Monday stopped the Peoples Democratic Party from going ahead with its convention....
The National Bureau of Statistics (NBS) will this Thursday announce that Nigeria’s spiraling inflation has throttled to its highest in 11 years. Most analysts predicted that...
As a fallout to the latest video released by the Islamist group, Boko Haram, the Nigerian Army, Sunday, declared a journalist alleged to have links with...
Uneasy calm has gripped buyers of some public corporations in Nigeria, as government fine tunes plans for a holistic review of most of the public enterprises...
The Muhammadu Buhari-led All Progressives Congress (APC), has been cautioned by Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar, to stop the blame game and face reality....
The allegations made by Abdulmumin Jibrin against some principal officers of the House of Representatives, have gotten him into more trouble than he may have bargained...
A former Minister of Aviation, Femi Fani-Kayode has launched a series of attacks on the administration of President Muhammadu Buhari. Fani-Kayode, in his characteristic caustic and...
Nigeria has hit a decline of 35 per cent in foreign direct investment (FDI), mostly brought about by the drop in oil prices. This is was...
Speaker of the House of Representative, Yakubu Dogara has stated that the police cannot meddle in the affairs of the House. According to him, he cannot...
President Muhammadu Buhari has branded Nigeria as a poor country, blaming fall in oil price as the cause. He stated this on Thursday, at the Presidential...
After the much celebrated declaration of the Nigerian economy as the largest in Africa and 26th in the world, South Africa has pushed the country back,...