Electricity supply challenge deepens as vandals knockdown 4 TCN towers

…Ekiti gets regulatory powers By Obas Esiedesa, Abuja The challenges facing power supply in Nigeria deepened yesterday as suspected vandals knocked down four transmission towers along Jos – Gombe 330kV transmission line.... Read more »

Again, Dangote crashes diesel, aviation fuel prices to N940, N980 respectively

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively.  This is coming at the wake of its... Read more »

EXCLUSIVE: EFCC arrests Sirika over alleged N8bn Nigeria Air fraud

By Abiodun Sanusi The Economic and Financial Crimes Commission has arrested former Minister of Aviation, Hadi Sirika, over an ongoing N8,069,176,864.00 money laundering probe. The indicted former Minister of Aviation arrived at the... Read more »

UPDATED: CBN resumes forex sale to BDCs at N1,021/$

By Daniel Adaji The Central Bank of Nigeria has resumed the sales of dollars to Bureau De Change operators. It disclosed this in a circular referenced TEM/FEM/PUB/001/013 uploaded to its website on Tuesday... Read more »

JUST IN: Anambra Assembly Staff embark on indefinite strike

Protest non payment of entitlements, as Majority Leader accuses staff of disrupting legislative activities By Okey Maduforo Anambra State House of Assembly staff has embarked on indefinite strike over non payment of... Read more »

BREAKING: Former PDP Governor Emeka Ihedioha dumps party

Says the party has taken on a part that is at variance with his personal beliefs By Tony Ezike Former Deputy Speaker House of Representatives and Governor Imo State, His Excellency Emeka... Read more »

Naira rebound: Rice falls to N67,000 in Lagos, Abuja, cheaper at borders

Dare Olawin, Olasunkanmi Akinlotan, Anozie Egole and Henry Falaiye Following the recent rebound of the naira against the dollar, the price of a 50 kilogramme bag of rice has dropped to an... Read more »

Delta diverts Lagos flight to Lome after thunderstorm, passenger’s death

By Temitope Aina A yet-to-be identified passenger onboard Delta Air Lines’ Atlanta-Lagos flights reportedly died midair on Monday. The PUNCH learnt that she died due to a health emergency that occurred midair, approximately... Read more »

Naira tumbles to N1,234/$ at official market, speculators resume hoarding

By Lara Adejoro The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange.... Read more »

IG warns of govs’ excesses as FG insists on state police

The Inspector-General of Police, Kayode Egbetokun, has rejected the state police proposal, warning that the governors can abuse the outfit for political or personal gains and compromise human rights and national security.... Read more »