Owerri-Notable Imo leaders have risen in defence of Imo state Governor, Chief Ikedi Ohakim over the recent attack on him by former Abia Governor, Chief Orji Kalu and a section of the media, describing the attacks as cowardly and malicious. The leaders warned Chief Kalu to desist from meddling in the affairs of Imo state […]

By Bose Adebayo If you have an appointment and would want to be punctual in keeping it, then it is important you give Oshodi a wide berth no matter what short-cut option it offers you. Reason? The area is fast returning to its better forgotten notoriety as an enclave of confusion in Lagos. The free […]

Activities at the Open Market Operation (OMO) wing of the money market showed that the Central Bank of Nigeria (CBN) withdrew N110.5 billion from circulation last week. The News Agency of Nigeria (NAN) reports that the CBN also raked in N35.39 billion from the OMO and N75.11 billion on bills at the Primary Market Auction (PMA) respectively.

Residents of Yenagoa, the Bayelsa State capital, who have been grappling with flood problems in recent times may soon heave a sigh of relief, as the state government has commenced the clearing of all blocked canals in the capital city.

There are indications that the Federal Government is set to deregulate the oil and gas sector.A statement issued by the Ministry of Finance on Sunday in Abuja quoted the Minister of State in the Ministry Mr Remi Babalola as saying that full deregulation of the oil and gas sector had become necessary.

HEAVILY armed men Monday attacked the residence of the son of the late traditional ruler of Rukpokwu community in Rivers state.

Customs Area Controller (CAC) of Kirikiri Lighter Terminal Command of the Nigeria Customs Service (NCS), Iya Abubakar Umar, has charged recently promoted officers in the command to justify management’s confidence on them by putting in their best and providing leadership in the discharge of their duties.

The new Group Managing Director/Chief Executive of Union Bank of Nigeria PLC, Mrs. Funke Osibodu resumed office over the weekend with assurances to all stakeholders especially customers that the Bank will not compromise their interests and expectations, and stressed the need for them to remain steadfast with the Bank.

OKPE Union World Wide, an apex organization of the Okpe people in Delta State, has described the Petroleum Bill before the National Assembly as perilous and decried that the bill was aimed at further impoverishing the people of the Niger Delta.

As part of efforts to improve dredging industry in the country, a Nigerian firm, Dredge Skills and Marine Training Centre Ltd has packaged an international dredging summit that would bring into the country renowned dredging equipment manufacturer and vendors from the US and Europe .

By Ifeanyi Okolie Residents of Orile Iganmu, a suburb of Lagos State have been thrown into disarray following reports of desperate search for 24 human heads allegedly by some traditional religious worshippers in the area, to appease their gods before a gigantic tree standing on the marked portion of the Lagos-Badagry Expressway, could be cut […]

The new Comptroller General of the Nigeria Customs Service (NCS), Alhaji Abdullahi Dikko, has been urged to dismantle some units at the seaports to facilitate cargo clearance.

The ripple effect surrounding the sack of the managing directors and executive directors of five banks by the Central Bank of Nigeria (CBN), reverberated in transactions in the Nigerian capital market, Monday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped by N132.22 billion.

The Economic and Financial Crimes Commission ( EFCC) has said today that it has arrested three of the five former MD/ CEOs of banks sacked last week by the Central Bank of Nigeria, CBN .

The Nigerian Stock Exchange (NSE) has blamed the troubled banks for their woes, especially for their failure to lend to the real sector that is supposed to act as catalyst to the development and growth of the country.