Nigeria’s foreign exchange reserves rose to $30.8bn in April, the highest level since September 2015. The increase could be attributed to a recent rise in global crude oil price, and proceeds of the country’s Eurobond, issued in march. Data from the Central Bank shows that Nigeria’s forex
Former President Goodluck Jonathan has provided reasons why he backed out of an initial agreement to rule Nigeria for only one term. This revelation followed details that have emerged recently on why the Peoples Democratic Party, PDP, lost the 2015 presidential election. The fresh details is courtesy of a book “Against the Run of play: […]
The Governor of Rivers State, Nyesom Wike, has said the Inspector-General of Police, Ibrahim Idris, of is after his life. Wike told journalists in Port Harcourt, the Rivers State capital, on Saturday that before he travelled to Kaduna on Friday, the IGP directed his crack team to invade his home in Asokoro, Abuja supposedly acting […]
A runaway gunman on Saturday has shot dead a motorboy at a carwash centre located along Sam Ewang Estate,Abeokuta,alleging that the fuel tanker the boy was working with blocked his passage. The lifeless body of the victim was found on the ground when our correspondent visited the scene,while an eyewitness said,the alleged killer […]
The Presidency has debunked the claim by the suspended Director-General of the National Intelligence Agency, Ayo Oke, that the National Security Adviser, Babagana Monguno, was aware of the N43.4m stashed away at a private apartment in Ikoyi, Lagos. A government official told journalists on Saturday that in the first instance, “Oke did not brief the […]
The workers of Ogun State Broadcasting Corporation,OGBC,a radio station owned by the Ogun State Government have issued out a 7-day warning strike over non-payment of N148,264,000 said to be outstanding entitlements the authority had failed to pay. The staffers under the aegis of Nigeria Union of Journalists,(NUJ), and Radio Television and Theater Arts Workers










