Senate approves 2021 MTEF, pegs oil benchmark at $40

The Senate has approved the 2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).…

FEC approves $3.02bn for Port Harcourt-Maiduguri rail line

The Federal Executive Council has approved $3.02 billion for the re-construction of Port Harcourt to Maiduguri…

Gunmen kidnap ex-Nasarawa commissioner, demand N30m ransom

Gunmen have kidnapped a former Commissioner for Higher Education in Nasarawa State, Clement Uhembe. Uhembe, who…

IMF may grant low income countries $959m debt service relief

  The International Monetary Fund may grant a two-year debt service relief for low income countries,…

Osun Civil Servants docked for alleged N83.5m ‘cooperative’ fraud

The Economic and Financial Crimes Commission, Ibadan Zonal Office on Wednesday, arraigned the trio of Adegoke…

Why I won’t attend Channels TV debate – Agboola Ajayi

Candidate of the Zenith Labour Party in the October 10 governorship election in Ondo State, Agboola…

World’s billionaires richer during COVID-19 pandemic

The COVID-19 pandemic has made the super-rich around the globe richer. This is according to a…

NNPC aims to end product swap, revamp refineries by 2023

Nigeria aims to end the country’s so-called oil-for-fuel swaps system in the near future and rely…

FG to shut down Third Mainland bridge from Friday

The Federal Government has announced a total shutdown of Third Mainland Bridge in Lagos for three…

US tribunal frees Nigeria of $1.5bn liability

The United States-based International Centre for Settlement of Investment Dispute has ordered the Interocean Oil Development…

Nigerian rapper, Olawale Hassan, jailed for rape in UK

  A Nigerian rapper based in the United Kingdom, Olawale Hassan popularly known as Goldie 1,…

Killings: Senate orders arrest, prosecution of SARS operatives

The Senate, on Wednesday, ordered the arrest and prosecution of operatives of Special Anti-Robbery Squad who…

Kaduna govt names Ahmed Bamal new Emir of Zazzau

The Kaduna State Government has announced the appointment of Ambassador Ahmed Nuhu Bamali as the 19th…

Corruption: Panel begins verification of Magu’s assets

Suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, who has been…

FSARS: Police Service Commission reads riot act, announces platforms to lodge complaints

The Police Service Commission has said it will henceforth closely monitor the activities of these officers…

Fitch Ratings expresses concern over Nigeria’s $2bn forex demand backlog

Fitch Ratings has expressed concerns about the state of the naira and rising forex demand backlog…

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