The naira closed stronger yesterday at the interbank market as Addax Petroleum and Agip released about $13m into the market, causing increased liquidity. The naira which sold at 161.25 to the dollar sold at 161.10 to the dollar on Monday as dollar flow...
The Director-General of the Securities and Exchange Commission, (SEC), Ms. Arunma Oteh, resumed at her office yesterday following a recall by the Federal Government last week. LEADERSHIP investigations revealed that though the embattled DG went briefly...
Air Nigeria said that it has finalised its revival and growth plans to immediately recommence regional and domestic operations, adding that the resumption of services would be announced soon. This is coming as the airline disclosed that it has es...
Darey - Sisi Eko Remix Ft. Flavour Official Video - A typical Lagos traffic jam is transformed into a hollywood-style musical as Darey and Flavour attempt to woo the beautiful and elusive 'Sisi Eko'.
Doreen Amata's father had one wish on his death bed..for her daughter to win an Olympic medal for him. Would she fulfill that dream at London 2012?
The police in Imo have foiled the activities of a four-man kidnapping gang in Umuike Amakohia, near Owerri, and rescued one Dr Ifeanyi Okoro, who was being held by the gang. The state Police Public Relations Officer (PPRO), Mr Vitalis Onugu, told the N...
The Federal Government is putting structures in place with a view to stopping rice importation by 2015, an official said on Monday. Mr Amos Afowowe, Deputy Director, Agro-Processing and Marketing, Federal Ministry of Agriculture, said this in Kaduna wh...
The Unity Bank Plc has declared a profit after tax of N2.99 billion for the half-year ended June 30. The News Agency of Nigeria (NAN) reports that this represented an increase of 63.4 per cent against N1.83 billion posted in the corresponding period of...
The Standards Organisation of Nigeria (SON) on Monday said that the government would not relent in its efforts to rid the markets of products that were harmful to Nigerians. &...
A housewife Ramata Bukola of Omuaran, Irepodun Local Government Area of Kwara on Monday paid N70, 000 compensation to her husband for the dissolution of their marriage six months marriage. The plaintiff had petitioned an Ilorin Area Court seeking the d...
Aviation stakeholders on Monday urged the Federal Government to encourage airline operators through investing more in the aviation industry. The stakeholders made the call in Lagos at a conference organised by the publishers of an aviation magazine ``B...
Some lawyers on Monday in Lagos faulted the Lagos State Fire Services for acting “too slowly” during the June 3 Dana plane crash in Iju-Ishaga, Lagos. Speaking at a coroner's inquest into the plane crash which took place at Agbado Oke-O...
Mr Kehinde Adeleye, Zone 8 Commander of the Federal Road Safety Commission (FRSC), has warned officers and men of the command not to extort money from motorists. Adeleye, who gave the warning on Monday in Ilorin while on a familiarisation visit to Kwar...
President Goodluck Jonathan on Monday asked an Abuja High Court to dismiss a suit filed by a member of the PDP, Mr Cyriacus Njoku. Njoku in a suit filed on March 20, is seeking a declaration of court that President Jonathan’s tenure of office beg...
Presidential Goodluck Jonathan on Monday described the situation where it is only Nigeria that crude oil is stolen as extremely embarrassing and unacceptable. Jonathan expressed the regret at the presidential maritime security retreat held at the Banqu...