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Boko Haram: Army re-opens major road in NE Nigeria

MAJOR roads to and from Maiduguri in northeast Nigeria have been re-opened, the chief of army staff said on Saturday, nearly three years after they were shut because of Boko Haram attacks. Lieutenant-General Tukur Buratai said restrictions had been lifted between the Borno state capital and Damboa to the southwest, southeast to Bama, and east […]

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Nigeria govt to partner with its youths as Social Media Week ends

INFORMATION and Culture Minister Lai Mohammed has pledged federal government’s determination to partner with the youths to ensure the actualization of their God-given potentials. Drawing the curtain on the fourth edition of the annual Social Media Week in Lagos at the weekend, Mohammed said that Nigeria has great options in the creative industry that can […]

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US considers support in Nigeria fight against Boko Haram

U.S. Africa Command has asked Washington to send a small group of military advisers to Nigeria to assist its military’s fight against the Islamic insurgency Boko Haram, it said in a statement Friday. At the request of the Nigerian government, the U.S. Africa Command’s Brig. Gen. Donald Bolduc sent staff in recent months to conduct […]

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FG confirms MTN’s N50bn payment, says negotiations continue

THE Federal Government on Thursday confirmed that MTN Nigeria had made a payment of N50bn towards resolving its protracted dispute with the Nigeria Communications Commission over a fine of N1.04tn. The Special Assistant to the Minister of Communications, Mr. Victor Oluwadamidare, made the confirmation in a statement made available. Oluwadamidare described the N50bn as part […]

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Samson Siasia re-appointed Super Eagles coach

The former striker has been brought back to handle the national team following the resignation of Sunday Oliseh early on Friday Samson Siasia has been re-appointed Nigeria coach, hours after Sunday Oliseh threw in the towel. He will be assisted by Nigeria U20 coach Emmanuel Amuneke, Salisu Yusuf and Alloy Agu ahead of next month’s […]

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Nigeria, Saudi Arabia in move to ‘stabilise’ oil market

President Muhammadu Buhari and his Saudi Arabian counterpart, King Salman Bin Abdul-Aziz in Riyadh, have backed efforts to stabilise the global oil market. The agreement was reached after the two leaders held bilateral talks during which they had extensive discussions on regional and global issues. According to a statement signed by the President’s Senior Special […]

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Nigeria-China trade volume hits $14.94b

The Nigeria- China trade volume in the last one year has hit $14.94 billion. As at end of last year, China’s non-financial direct investment to Nigeria was $1.55 billion according to report. Chinese Ambassador to Nigeria, Mr. Gu Xiaojie who spoke at the symposium of “China/Nigeria Diplomatic Relations at 45: Possibilities, Prosepct and Challenges” in Abuja […]

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Nigeria and four others oil exporters affacted by falling currency value, says OPEC

FIVE oil exporting countries, including Nigeria, Angola, Venezula, Azerbaijan, and Russia are mostly affected by falling currency value, Organisation of Petroleum Exporting Countries (OPEC) has said. OPEC, in a paper detailing the impacts of recession on the global oil market, said the countries were picked among several others as having showing serious effects of fall […]

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Nigeria struggles to find buyers for N159bn crude oil

Nigeria’s March crude programme is struggling to find outlets, with some 25 million barrels still unsold even as the April loading programme is expected to start arriving this week, traders have said. Despite this, offers for the oil have gone mostly quiet as those holding the cargos wait for reluctant buyers to return to a […]

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Nigeria lost N5.95b to fire incidents in five years

THE country lost over N5.95billion to different fire incidents which ravaged parts of the country from 2012 till date, Mr. Femi Young, Executive Director, Safety Consultants and Solution Providers Limited has said. Citing statistics from the Federal Fire Service, Young said, in Lagos alone, five major fire incidents led to loss of property valued at […]

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Reflect of Murtala’s Demise: Nigeria lost its course, says Pres. Buhari

PRESIDENT Muhammadu Buhari yesterday reflected on the death of former Head of State, General Murtala Muhammed, in a coup attempt 40 years ago, and said his demise in that incident made Nigeria lose momentum in its march to greatness. Muhammed was assassinated when the late Colonel Buka Suka Dimka and his gang ambushed him at […]

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We’re available for Nigeria, says IMF boss

The Managing Director of the International Monetary Fund, Christine Lagarde, has said the organisation remains available for Nigeria whenever the country needs financial assistance from it. The IMF boss noted that the persistent devaluation of the naira might not be a good measure for the Federal Government. Lagarde stated this in a recent online question […]

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