Buhari Seeks Nass Approval for $2.78B Eurobonds

President Muhammadu Buhari has requested a National Assembly resolution to raise 2.78 billion dollars from the International Capital Market for part-funding of the 2018 budget. Buhari’s request came in a...

Federal Government Approves 90-Day Special Window for MSMES

Vice President Yemi Osinbajo has announced Federal Government’s approval of a 90-day special window to register businesses at a reduced rate of N5000 only. A statement signed by the Senior...

Work Resumes After NLC Suspends Nationwide Warning Strike

Normal activities have resumed at various offices in the Federal Capital Territory following the suspension of the seven-day warning strike by Organized Labour. The strike, which commenced on midnight,...

NNPC Announces N18.12bn Trade Surplus

The Nigerian National Petroleum Corporation says it made a trade surplus of N18.12 billion in the month of May, higher than N17.16 billion in April 2018. The Corporation made the...

SEC Signs £450,000 Agreement to Aid Capital Markets

The Securities and Exchange Commission has signed a cooperation agreement with FSD Africa, a U.K. Aid funded non-profit company worth 450,000 pounds. Speaking at the signing in Lagos, SEC Acting...

Nationwide Strike Paralyses Activities at Federal Secretariat

The warning strike ordered by the Nigeria Labour Congress has paralyzed activities at the federal secretariat, Abuja. Public and civil servants in the Federal Capital Territory stayed away from their...

Lack of Investors Not Reason for Suspension of Nigeria Air -Sirika

The Minister of State, Aviation, Hadi Sirika has disclosed that the Nigeria Air project was not suspended because of lack of investors. A statement by the Deputy Director, Media and...

Minimum Wage: No Going Back on Nationwide Strike-Says TUC

The Trade Union Congress has insisted that the organised labour would commence strike from early hours of Thursday, September. 27, following Federal Government’s failure to honour its ultimatum on the...

CBN Retains MPR AT 14%

The Central Bank of Nigeria’s Monetary Policy Committee has retained the Monetary Policy Rate at 14%. Governor of the CBN, Godwin Emefiele, made the announcement on Tuesday during a press...

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Man Electrocuted On Electric Pole at Karu in Abuja

An unidentified young man has been electrocuted on an electric pole at Karu site area of Abuja in the early hours of today. Confirming the...

500 Rice Farms Submerged by Flood in Bayelsa

No fewer than 500 rice farms at Okpotuwari and Ondewari communities in Southern Ijaw Local Government Area of Bayelsa, have been submerged by flood. Chairman,...

Senate President, Bukola Saraki Swears in Two Senators

Senate President, Bukola Saraki, administered the oath of office on Lawal Gumau and Ahmed Babba-Kaita as senators of the Federal Republic of Nigeria. The senators...