The lawmaker representing Ojo Federal Constituency in the lower legislative chamber, Hon Tajudeen Obasa has lauded President Muhammadu Buhari on the organization of the two-day summit aimed at salvaging the economy and to arrest any further fall of the naira against the dollar.

On the 20th of February 2016, Nigeria’s President Buhari hardened his stance against devaluing the Nigerian Naira because he believes devaluation will not help the country “as it had few exports apart from oil and depended on imports whose cost would rise with such a move.” This view is shared by Governor Emefiele of the Central Bank of Nigeria (CBN), who noted on 17th November 2015 “Our major export commodity which accounts for more than 80% of our income is crude oil…and what is supposed to be the non oil export, we are not producing effectively.” CBN governor, Emefiele, also warned that that naira devaluation would lead to hyperinflation.

Nigerian entertainment powerhouse, Lions Music (a subsidiary of Lions Entertainment) is ready to take over the Nigerian music scene with the unveiling of fast rising sensation, TIM and famous disc jockey, Dj Kentalky. The 360-degree entertainment company at a press briefing on Wednesday, February 24 2016 introduced the new music act, TIM to a cross […]

Ademola Olajire, an Assistant Director of Communications in the Nigeria Football Federation (NFF), on Saturday said that the resignation of the Super Eagles Coach, Sunday Oliseh, surprised the body.

The Kaduna State Government has announced the release of 19 inmates of Birnin-Gwari Prisons, as part of ongoing efforts to decongest prisons in the state.