Buhari Laments Collateral Damage Done To Economy
President Muhammadu Buhari has lamented over what he called "collateral damage" done to Nigeria's economy by the successive governments.
Buhari who spoke yesterday at the...
Akinwumi Adesina Becomes President Of Africa Bank
Nigeria’s outgoing agriculture minister, Akinwumi Adesina has been voted as President of the African Development Bank. He was elected with 58.10 percent after six...
Nigeria Grinding To A Halt As Fuel Scarcity Lingers
Nigeria appears to be grinding to a halt as fuel scarcity lingers across the country even as oil marketers insisted that they would not...
As Fuel Scarcity Bites Harder, MTN Threatens To Shut Down
Nigeria’s biggest mobile phone operator, Mobile Telecommunication, Nigeria (MTN) has threatened to shut down its network due to lingering fuel shortages that have crippled...
Yes, Nigeria’s Total Debt Is $63.7 Billion But…Okonjo-Iweala Admits
Nigeria’s total debt as at today stands at $63.7 billion, but it is the totality of all the debts incurred by successive
governments since 1960.
“No $60 billion was accumulated under...
Fuel Scarcity Grounds Nigerian Airline’s Flights
A months-long fuel shortage has led to gradual grounding of flights, starting from today, of the Nigerian Airlines.
Reports reaching us showed that many flights...
Fuel Scarcity: Nigeria Senate Raises Eye-Brow, Asks Its Committee To Investigate
Nigerian Senate has expressed worry over the persistent fuel scarcity across the country and has asked its committee on Petroleum Resources (Upstream and Downstream)...
7 Banks Fined $10 Billion In America, Europe For Foreign Exchange Rate Manipulations
Authorities in the United States and Europe have fined a total of seven banks over $10 billion for failing to stop their forex traders...
Abuja Electricity Company, Kogi Govt Partner To Channel Excess Power From Dangote’s Obajana Plant
The management of Abuja Electricity Distribution Company (AEDC) and the Kogi State government are exploring the possibility of accessing the excess power being generated...
Federation Account Committee Accuses NNPC Of Foot-Dragging In Remitting $1.48 Billion Into Its Account
The Federation Accounts Allocation Committee (FAAC) has accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit $1.48bn (over N200 Million) into the...
