CBN releases more dollars as naira weakens to 1,300/$

Damilola Aina and Daniel Adaji The naira depreciated further against the United States dollar at the official market on Tuesday, closing at 1,300/$. This came as the Central Bank of Nigeria stepped... Read more »

Dangote drops diesel to N940, stations sell N1,400

Okechukwu Nnodim, Dare Olawin and Anozie Egole Oil marketers have continued to dispense Automotive Gas Oil, popularly called diesel, at a price between N1,350/litre and N1,450/litre in various locations across the country... Read more »

Emefiele printed N684.5m with N18.9bn, says EFCC in fresh charge

By Adekunle Sulaimon The Economic and Financial Crimes Commission has filed a fresh charge at the High Court of the Federal Capital Territory against the embattled former governor of the Central Bank of... Read more »

Trigger-happy policeman kills corps member, injures LAUTECH graduate in Oyo

By Adekunle Sulaimon A trigger-happy policeman popularly known as Saheed SARS allegedly shot a corps member identified as Iyanda Damilola to death in Ogbomoso Local Government Area of Oyo State on Tuesday. PUNCH... Read more »

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 »