Again: Naira’s fall a “major concern” to central bank – head of currency traders

Feb 15 Nigeria’s naira hit a fresh low on the black market on Wednesday and the head of its bureau de change association urged his members to help stabilise the currency, whose continued weakness had become a “major concern” to the central bank “The growing spikes in the parallel market to over 500/$ is becoming Read more

Civil Defence recruitment scam: 10 bag 7 years jail term

At least, 10 persons arrested for defrauding members of the unsuspecting public seeking employment into the Nigerian Security and Civil Defence Corps (NSCDC), have been sentenced to 7 years imprisonment, by the Chief Justice of the Federal High Court, Hon. Justice Ibrahim Auta. This was revealed on Wednesday, by the Commandant General (CG) of the Read more

U.S. to Pump $1 Billion Into Nigeria’s Power Sector

Just a day after U.S President, Donald Trump have a phone conversation with Nigeria’s President Muhammadu Buhari, Power Africa, an initiative by the US government to light up Africa, on Tuesday said it was planning to invest about one billion dollars on the power sector in Nigeria, the programme’s coordinator, Mr Andrew Herscowitz said. Herscowitz Read more

Nigerian group requests $500 million from Trump administration

The rancorous reign of the 45th US President faces a fresh controversy. A Nigerian economic and social rights group has written to the White House demanding the return of $500 million of stolen funds, which it claims are being held by the US. “(We urge) the administration to attach and release to Nigeria some $500 Read more

1.7 m Candidates To Write 2017 UTME –JAMB

Prof. Ishaq Oloyede, the Registrar of the Joint Admissions and Matriculation Board, says 1.7 million candidates are expected to sit for the 2017 Unified Tertiary Matriculation Examination (UTME). Oloyede made the disclosure while fielding questions from journalists at the Information and Communication Technology Retreat organised for stakeholders on Tuesday in Abeokuta, Ogun. The News Agency Read more