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Economy

Flour Mills and Honeywell owe CBN, FBNH, Bondholders a combined N220 billion

Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills Plc, two of Nigeria’s largest flour mills, announced an acquisition deal that will see the...

Buhari suspends inauguration of NNPC limited Board indefinitely

President Muhammadu Buhari has suspended the inauguration of the newly constituted Board of the Nigerian National Petroleum Company Limited (NNPC).The Secretary to the Government...

President Buhari approves N656 billion bailout to 36 states

President Muhammadu Buhari has approved the sum of N656 billion as Bridge Financing Facility, a form of bail out to the 36 States of...

Naira gains at official market despite a significant drop in forex trading

The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official Investors and Exporters window, despite reduction on forex...

BREAKING: ISWAP suffers devastating loss in an attempt to attack Damboa

The Islamic State’s West Africa Province (ISWAP) suffers devastating attack, when they tried to attack Borno largest local government DamboaThe aggressive pack of...

BREAKING: EFCC release KASUPDA Boss in Kaduna

By Gabriel Udeh, KadunaLess than five hours after he was arrested from his office in Kaduna, the EFCC has released on bail, the kaduna...

BREAKING: Resident burnt alive, many Policemen missing as bandits invade Sokoto

Armed bandits have launched a fresh attack in Sabon Birni local government area of Sokoto state, burning a resident alive, while attacking policemen with...

Nigeria Police Force to recruit 20,000 junior officers: IGP Alkali Baba

The Inspector-General of Police, Usman Alkali Baba, disclosed that the Nigeria Police will soon begin the recruitment of 20,000 junior police officers.The IGP made...

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