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  • naira_nigeria1-696x466
    Naira gains 17%, sells for 310/dollar

    ` The naira rose by 17.3 per cent on Tuesday against the dollar at the parallel market to 310 from 375, which it traded on Monday. The naira had been on a free fall in the last two weeks, peaking at 391 against the greenback at the parallel market last week Thursday. The local currency,

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  • Chris-Ngige
    50,000 Abuja workers sacked in two months – ACCI

    The scarcity of foreign exchange for importation of raw materials by local industries is adversely affecting the sector as over 50,000 workers have lost their jobs in Abuja in the last two months. The President, Abuja Chamber of Commerce and Industry, Mr. Tony Ejinkeonye, confirmed the job losses in an exclusive interview with our correspondent

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  • niger-delta-militants
    Militants vow to blow up more oil pipelines within days

    Niger Delta Avengers, the militant group which claimed responsibility for blowing up the Forcados Terminal Pipeline in Delta State, has announced its plan to attack more oil installations. “Shell Petroleum Development Company, SPDC, Forcados terminal is our latest casualty. There are many more to follow in the days and weeks ahead,” the group said in

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  • nigerian meter
    Nigeria: Electricity – Law Demands All Customers to Be Metered From 2020

    The new electricity Multi-Year Tariff Order (MYTO) 2015 mandates the 11 Distribution companies (Discos) to complete metering of all unmetered electricity customers one year after they exhaust their 2019 five-year metering plan, Daily Trust reports. The Order No.142 issued by the Nigerian Electricity Regulatory Commission (NERC) signed by the former chairman, Dr Sam Amadi, and

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  • LALONG-300x300
    Gov Lalong Announces Death Of Long Goemai Of Shendam

    Governor of Plateau State, Simon Bako Lalong has described the death of Late Long Goemai of Shendam, Miskoom Hubert Shaldas II as a loss to the entire state. The governor stated this in a condolence message to the family over the death of the late monarch, which sad event occurred recently. In the message signed

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  • thiefs in naija
    Thief Caght & Given Jungle Justice In Awka, Anambra State(photos)

    The incident was narrated by a Corps member Jide Kol.According to him,the thief in question robbed him of his expensive items in December and was caught yesterday by vigilante in Awka, Anambra state. Read what Jide wrote below…. Sometimes in December, a thief came to our residence and made away with my #Legendary HP laptop,

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  • CBN
    CBN, Banks Target 60% Financial Inclusion By End 2016

    The Bankers’ Committee has said that it is throwing its weight behind increasing significant financial services inclusion for a majority of Nigerians before the end of 2016. Addressing journalists shortly after the committee’s meeting in Abuja, yesterday, the director, Banking Supervision, Central Bank of Nigeria (CBN), Mrs Tokunbo Martins, said that the committee extensively deliberated

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  • synagogue-collapse-building-and-tb-joshua-300x210
    #Synagogue building collapse: 54 South African corpses to be repatriated

    The Lagos State Government has given clearance for the repatriation of 54 South Africans corpses, which are part of the 116 victims that died in the Synagogue Church of All Nations building collapse on 12 September. Governor Babatunde Fashola gave the approval during a meeting with delegates of the South African government on Wednesday, 12 November,

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  • NLC protest
    Tariff Hike: NLC Shuts Down Electricity Distribution Companies Nationwide

    ` The organised labour on Monday paralysed activities in nearly all offices of the Electricity Distribution Companies nationwide, following its protest over increased in electricity tariff. The News Agency of Nigeria (NAN) reports that protesters, led by labour leaders in states, picketed the companies in compliance to the directive of the labour unions NAN reports

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  • protest
    Nigeria: Labour Movements Plan Nationwide Rally Against Electricity Tariffs

    By Chukwuma Muanya and Collins Olayinka Abuja — The organised labour and its civil society allies have planned to embark on a march on major government offices across the country to protest against the 45 per cent hike in electricity tariff. This comes as the Trade Union Congress (TUC) has described utterances of the Minister

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