Nigeria’s Victor Moses has announced his retirement from international football at the age of 27 in order to focus on his club career. Chelsea wing-back Moses, who made 37 appearances for Nigeria, played every minute of the African nation’s World Cup campaign in Russia where they were eliminated in the group stage. “I have experienced […]
Nigeria’s debt management office auctioned 100.9 billion naira ($327.8 million) of five-, seven- and 10-year bonds on Wednesday, it said in a statement. The bonds were sold at 14.39 percent, 14.60 percent and 16.49 percent, respectively, the office said. The money from the auction will go towards financing Nigeria’s 2018 budget, its largest ever.$1 = […]
Nigerian stocks extended losses for the ninth session on Wednesday as investors sold off shares from the relatively liquid local banking and consumer goods sectors. Stocks, which reached an almost one-year low at the previous session, remained depressed, traders said, with more companies closing with a sell offer. The All Share Index .NGSEINDEX dropped to […]
…Facility to be operated on PPP model By Foster Obi Director General, Nigerian Maritime Administration and Safety Agency ((NIMASA), Dr Dakuku Peterside has said that the multimillion dollar floating Dockyard owned by the Agency which arrived the country recently will save the country millions of dollars in capital flight once operational noting that efforts are […]
The United State Embassy in Nigeria said that it has shut down its visa and consular services section in Abuja until further notice. The embassy which did not give any reason for the action said in message posted on its website that scheduled visa and ACS applicants for Abuja will be contacted for rescheduling. “Until […]
The National Association of Nigerian Footballers (NANF) has pleaded with Acting President Prof. Yemi Osinbajo, to intervene in the current leadership tussle in the Nigeria Football Federation (NFF) by ensuring the laws of the land are obeyed. President of NANF Harrison Jalla, made the plea in Abuja on Wednesday when he led scores of protesters […]
Annual inflation in Nigeria slowed to 11.14 percent in July, its lowest level in more than two years, the National Bureau of Statistics said on Wednesday, but it remained above the central bank’s single-digit target. Inflation has declined in Nigeria since February last year, but the rate of decline has slowed compared with earlier this […]
By Foster Obi The Managing Director, Nigerian Ports Authority (NPA) HadizaBala Usman has charged members of the newly inaugurated pilotage boards to see their appointments as a “call to serve the nation selflessly. She implored the appointees to use their high professional skills and knowledge to improve pilotage services in the nation’s seaports within the […]
Nigeria’s Acting President Yemi Osinbajo has ordered an immediate re-organisation of the police’s Special Anti-Robbery Squad (SARS). The Acting President gave the order following persistent complaints and reports on the activities of the Special Anti-Robbery Squad (SARS) The allegations border on human rights violations. Osinbajo ordered the Inspector General of Police (IGP) to, with immediate […]
Oil prices rose more than 1 percent on Tuesday, tracking the stock market higher after a rise in Turkey’s lira quelled fears of emerging market weakness and as market participants focused on lower crude supply from Saudi Arabia and Iran. Brent crude futures for October delivery rose 74 cents to $73.35 a barrel by 11:00 […]