The Federal High Court in Abuja on Wednesday modified its orders made on October 17, 2017 directing the 19 commercial banks in the country to freeze all accounts without Bank Verification Numbers.
Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt Management Office (DMO) said on Wednesday.
The Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu, says oil exploration in the North East is for the good of the nation and it won’t stop the massive exploration activities in oil producing areas.
The reconstruction of the 35 kilometres Apapa – Oworonshoki expressway in Lagos will begin next week, chairman of Dangote Group, Aliko Dangote, has said.
Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines in Ikorodu and Calabar, to rival pasta maker De United Foods Industries, maker of Indomie Noodles.
The Federal Government loses over N10 billion a day to the Apapa Wharf, Lagos State gridlock, according to the President of Dangote Group, Alhaji Aliko Dangote.
The planned Truck Transit Park initiative of the Nigerian Shippers’ Council (NSC), would gulp over N4.8 billion, even as investors are jostling to secure a stake in the project.
The government has been called upon to expedite action to stamp out gas flaring in the Niger Delta Region as this will mitigate its health-related effects on the hostcommunities, and create jobs for the youths which will eradicatehostilities in the region caused mainly by lack of employment opportunities.
The House of Representatives has resolved to investigate the contracting of vessels by International Oil and Gas companies.
Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines to rival pasta maker De United Foods Industries for 3.75 billion naira ($12.26 million), the company said on Tuesday.
The federal government has signed the contract for the Mambilla hydro power project.
Nigeria’s central bank sold dollars at 306 naira for the second time on Tuesday after maintaining a level around 305 naira on the official spot market for two months, traders said.
The International Air Transport Association (IATA) on Tuesday called for the implementation of the Global Aviation Security Plan (GASep), developed by the International Civil Aviation Organisation.
The Federal Airports Authority of Nigeria (FAAN) has reacted to the rating of the Port Harcourt International Airport, Omagwa and the Murtala Muhammed International Airport (MMIA), Lagos as the third and fifth worst airports in the world respectively by the well-known online medium, sleepinairports.net.
U.S. automaker Tesla on Monday was hit with a class-action lawsuit claiming its California production plant is a “hotbed for racist behavior.”
The Senate at Tuesday’s plenary has approved a total of $5.5bn loan earlier requested by President Muhammadu Buhari.
The 71st Primetime Emmy Awards bent the knee to HBO’s fantasy epic “Game of Thrones,” which closed out Sunday night’s ceremony by nabbing the prize for best drama series.
Nigerian Chef, Folashade Shoyonbo, on Sunday in Lagos emerged winner of a Jolof Rice Contest after beating chefs from two other West African countries.
The Zamfara State Government said it has obtained ‘credible intelligence reports’ indicating that some politicians in the state “are making clandestine moves to destabilise the state.”
The Kano State Hisbah Board, has destroyed over 196,400 bottles of beer confiscated within the Kano metropolis.
Housemate Chimeke Okoye aka Frodd has won the ultimate veto power in the ongoing BBNaija season four.
A former Minister of Aviation, Femi Fani-Kayode, has denied writing a petition against the acting Chief Justice of the Federal High Court, Justice John Tsoho.
Peter Olayinka has expressed delight after the Video Assistant Referee (VAR) failed to cancel his goal which inspired Slavia Prague to a shock 1-1 away draw against Inter Milan in the UEFA Champions League opener.
Chelsea legend Didier Drogba is claiming some of the credit for the progress made by Tammy Abraham, with the 21-year-old having taken important lessons from stars of the past.
Nigeria Amputee football team on Friday appealed to government and private organisations for support ahead of the upcoming African Amputee Football Nations Cup, scheduled for Angola.
The Rivers State Police Command has advised young women to shun prostitution as a suspected serial killer has murdered the 10th victim.