A former governor of Anambra, Peter Obi, has said that the Nigerian economy is on life support due to the rising debt profile of about N22.7 trillion. Mr Obi, disclosed this at the ‘2018 This Generation Conference’ organised by the Summit Bible Church, with the theme: “Taking Responsibility, Making Nigeria Great,” on Saturday, in Abuja. […]
A fresh avenue to address the perennial haulage challenges for agriculture products in Nigeria is being been developed by the Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL). The agency, on Sunday, said it was finalising an innovative transportation system, which is currently undergoing a comprehensive and rigorous process of internal testing before its […]
Brent crude is likely to trade in the range of $70-$80 (Dh257.11-Dh293.84) per barrel in the coming days due to supply concerns stemming from the decision of US President Donald Trump to reimpose sanctions on Iran, one of the biggest producers of oil in the world. According to analysts, Iran’s crude oil exports have fallen […]
According to the German coach, speculations surrounding his future were true with other national sides jostling for his signature. Gernot Rohr has confirmed he was approached by other countries after the World Cup before opting to continue with Nigeria. The German tactician led Nigeria to the 2018 World Cup with an impressive record in qualifying […]
The Republics of Benin and Niger have paid $10.1m as electricity bill to Nigeria to avert being disconnected from their power source in Nigeria after the Federal Government threatened to disconnect debtors. It was also learnt that the countries made the payment through their respective power firms, with NIGELEC of the Republic of Niger paying […]
The former Nigeria international has reflected on his time since joining the Stamford Bridge outfit in 2012 Victor Moses is full of ‘amazing memories’ in his six-year stay with Chelsea. The 27-year-old joined the Blues from Wigan Athletic on August 24, 2012, and went on loans to Liverpool, Stoke City, and West Ham United in […]
Trading activities on the Nigerian Stock Exchange (NSE) sustained a positive growth on Friday, with Dangote Cement leading the gainers’ table for the second consecutive day. The News Agency of Nigeria (NAN) reports that the crucial market indices appreciated further with 0.63 per cent growth, following gains by some blue chips. Specifically, the market capitalisation inched […]
Nigeria’s central bank stepped up dollar sales this week after it auctioned the U.S. and Chinese currencies last week in a bid to alleviate shortages and ease pressure on the naira. On Friday the bank said it sold a total of $543.22 million on the interbank market and another 63.21 million yuan ($9.20 million) to […]
The National Identity Management Commission (NIMC) has introduced the transfer of e-ID Card to any NIMC Registration and Card Collection Centres of enrolee’s choice for collection. The Head, Corporate Communications, NIMC, Mr. Loveday Ogbonna, said the request could be made from any of the NIMC Registration and Card Collection Centres nationwide, other than where the […]
A tanker with 19 crew members on board has docked at a port in Togo after going missing for over a week in a suspected hijacking off the West African coast, the crew’s agency said on Friday. The Ialkani agency and the ship’s managers lost communication with the Panama-registered Pantelena on Aug. 14, when it […]