Despite the fact that $72/per barrel (pb) oil price benchmark was used for the 2012 budget, the Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, said that a decline in oil price to around $85 or $90 a barrel portends problem for the...
In its efforts at implementing programmes in line with the transformation agenda of President Goodluck Jonathan, the Directors-General of the Nigerian Tourism Development Corporation and the Nigerian Television Authority have decided to explore new way...
The country’s foreign exchange reserves jumped by 3.63 per cent on to $36.08 billion on April 13, the highest in more than one year, the latest central bank data showed on Monday. The forex reserves of Africa’s biggest crude exporter stood ...
Minister of State, Finance Dr. Yerima Ngama, said in Abuja yesterday that Ministries, Departments and Agencies (MDA) achieved 80 per cent implementation of the 2011 budget. Yerima made the observation on the occasion of the public presentation of...
Nigeria technical (football) director, Tom Saintfiet will now resume officially at his duty post in May, Spokesman of the Nigeria Football Federation (NFF), Ademola Olajire, disclosed that the Belgian is awaiting his work permit and accommodation to be...
Former U-23 National Team Head Coach, Kadiri Ikhana (MON) will be unveiled as Head Coach of the Senior Women National Team, nicknamed Super Falcons, tomorrow. Ikhana’s appointment as Head Coach of the Super Falcons was ratified by the NFF Executi...
The Naira strengthened against the dollar, heading for the highest in more than seven weeks, as investors prepared for an inflow of the dollar yesterday. The naira closed at N155.69 and N155.80 to the dollar at the official and inter-bank market respec...
Nigeria’s men beach volleyball team has failed in their bid to qualify for the London 2012 Olympic Games, losing the African sole ticket to the South African team in the final phase of the continent’s qualifier held at Flic en Flac Beach, M...
Nigeria is desperately shopping for a new venue for a 2014 World Cup qualifying tie in June following the deadly bomb attack in Kaduna. The Nigeria Football Federation (NFF) have all but agreed to stage a World Cup qualifier at home against Namibia on ...
The Nigeria Football Federation is set to inaugurate two standing committees and two ad-hoc committees, which are crucial to the rebuilding process that the Federation has launched, tomorrow. NFF President, Alhaji Aminu Maigari said yesterday that he i...
Twice Olympic and four-times world 10,000 metres champion Haile Gebrselassie may run his final competitive track race over the distance in Hengelo, Netherlands, next month. The Ethiopian, who will turn 39 tomorrow, dominated over 25 laps in the 1990s b...
Super Falcons coach, Kadiri Ikhana will consider only six overseas players for an African Women’s Championship qualifier against Zimbabwe. Last week, Ikhana invited 53 players for first phase of a training camp in Abuja, which ends on April 24. T...
Dr Ngozi Okonjo-Iweala, Coordinating Minister for the Economy, on Monday in Abuja said the growth collectible revenue estimated in 2012 budget was N9.692 trillion. Okonjo-Iweala, who gave the figure at the 2012 budget presentation organised by the Budg...
The governors of states in the South-South zone have appealed to members of the National Assembly to expedite action in the passage of the Petroleum Industry Bill. Gov. Liyel Imoke of Cross River made the appeal on Monday in Uyo at the end of the Gover...
Tragedy struck in Yenagoa on Sunday evening when an Inspector with the Nigeria Prisons Service, Mr Erezidor Ugo was allegedly killed by a policeman during a scuffle. The incident, according to an eyewitness, occurred opposite Wisdom Estate, along Nikto...