Nigerian banks to report foreign currency exposures using NiFEX rate — Fitch
Fitch rating agency has disclosed that Nigerian banks plan to report the foreign currency items in their 2017 financial statements based on the Nigerian Foreign Exchange Fixing (NiFEX) rate instead of the official exchange rate.
Ogidi commends Gov Dickson over commissioner’s appointment
FOLLOWING the appointment of a youth, Hon Ibarakumo Otobo, as a commissioner-nominee by Governor Seriake Dickson of Bayelsa State, a youth leader from Southern Ijaw Local Government Area of the State, Hon Ogidi Ben Bara, has commended the action.
Man, 40, bags 2 years in jail for sodomy
A chief magistrate’s court in Kaduna, yesterday sentenced a 40-year-old civil servant, Ibrahim Lawal, to two years imprisonment for sodomy.
Trespass suit against Nigerian Army competent —Court
By Gabriel Enogholase BENIN—AN Edo AState High Court sitting in Benin City, has held that the suit by the Enogie of Eyaen in Uhunmwode Local Government Area of Edo State, His Royal Highness, Aiwerioghene Iduriase for himself and on behalf of the community against the Nigerian Army and Post Service Housing Development Limited is competent. […]
Petrol sells N195 in Imo
DESPITE warnings by the Federal Government to sanction petrol stations selling above pump price, the product is still selling above N145 in Imo State.
ECOWAS Trade: LCCI laments lack of global outlook
The Lagos Chamber of Commerce and Industry, LCCI, has canvassed for global positioning for Nigerian businesses saying the private sector have confined themselves to the comfort of the country for
Over 100 students escape death, as fire guts school hostels in Aba
STUDENTS of the United Evangelical High School, Aba, Abia State, yesterday, escaped death as fire gutted two hostels and consumed properties worth over N10 million in the institution.
Why we can’t deliver on our promises – Osinbajo
The Vice President, Prof. Yemi Osinbajo, yesterday, blamed government’s inability to deliver on its promises on socio-political inequality, weak justice system, absence of rule of law and lack of state capacity to maintain law and order.
NOGIG 2018: Over 1,000 athletes to vie for honours
Over 1000 athletes representing 13 companies in Nigeria’s Oil and Gas sector will compete in the 2018 Nigeria Oil and Gas Industry Games beginning Sunday, February 18 at the Chevron Recreation Centre, Gbagada, Lagos.
Okomu fingers illegal shipments, others as bottleneck to sales
Nigeria’s second-largest producer of palm oil, Okomu Oil Palm Plc, said illegal shipments of palm oil and weaker consumer income is affecting the company’s sales of palm oil in the country.
Mantu, Jerry Gana, other dignitaries extol Dickson’s leadership qualities
YENAGOA—Former Deputy Senate President, Senator Ibrahim Mantu, former Ministers of Information, Prof Jerry Gana, Chief John Odeh, Mr. Labaran Maku, Peoples Democratic Party, PDP, chieftain, Alhaji Shehu Gabam, were among eminent personalities, yesterday, in Yenagoa, who extolled the leadership qualities of Governor Seriake Dickson of Bayelsa State.
