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Oil price jumps to $57.8

Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq.

General Electric states condition for investing in DisCos

The management of General Electric (GE), has set a fresh condition for it to invest in the Electricity Distribution Companies (DisCos).

Yemi Osinbajo, Tony Elumelu, John Rice seek youth development at summit

Nigeria’s Vice President Yemi Osinbajo and industrialist Tony Elumelu, on Tuesday set the tone for the growth of the country by suggesting capacity development for the energetic youth population of the country.

Over 50m northerners living in poverty – Governor Shettima

Governor Kashim Shettima of Borno State, yesterday, said over 50 million Nigerians of northern extraction live in poverty.

NYSC member donates 100 textbooks, e-library to community school

Ireoluwa Adegoke, a corps member, has donated over 100 textbooks and an e-library resource centre to Victoria Island Senior Secondary School, Lagos.

Minister Babatunde Fashola assesses power privatisation

The significant turnaround of Egbin Power Station is a clear expression of investors’ confidence in the sector and an indication that the privatisation of the power industry is succeeding, Minister of Power, Works and Housing, Babatunde Fashola, has said.

Lai Mohammed gives reason for high cost of food items

The Federal Government says despite the revolution witnessed in the agricultural sector, the cost of food items is still high because of infrastructural deficit and export demands.

Nigeria to connect neighbouring countries‎ with rail

The federal government has announced plans to build international rail lines that would connect Nigeria with neighbouring countries.

Fed govt owes Egbin power plant N125bn

Egbin power plant, the biggest in Nigeria, is owed N125bn ($352m) by the Federal Government and half of its output is wasted because of inadequate transmission infrastructure, its Chief Executive Officer, Dallas Peavey Jr., has said.

Uber picks savvy dealmaker, not ‘tech bro’ as new CEO

Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc’s new chief executive.

Uber picks Expedia’s Khosrowshahi as new CEO

Uber has chosen Expedia boss Dara Khosrowshahi to be its chief executive, ending months of speculation in the firm’s search for a new leader.

General Electric, CCECC to build universities in Nigeria – Amaechi

Rotimi Amaechi, minister of transportation, says General Electric (GE) and the China Civil Engineering Construction Corporation Ltd (CCECC), will build universities of transportation in Nigeria.

Fed govt orders use of ID card for Abuja-Kaduna train ticket

The Minister of Transport, Rt. Hon. Rotimi Amaechi, has directed that every prospective train passenger must present identity cards before obtaining tickets at ticket sales points.

Fed govt, ASUU to continue negotiations to end strike

The Minister of Education, Malam Adamu Adamu, on Wednesday said that government would continue its negotiations with ASUU to fulfill their demands except that of exemption from Treasury Single Account (TSA).

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ITTF World Cup: Aruna Quadri hopes to avoid World number one Ma Long

Aruna Quadri, the highest ranked African table tennis player, says he hopes to avoid World number one Ma Long in the ongoing Men’s International Table Tennis Federation World Cup in Liege, Belgium.

Presidents Buhari, Conde meet in Istanbul to deepen relations

President Muhammadu Buhari at a bilateral meeting with President Alpha Conde of Guinea on Friday night in Istanbul, Turkey, urged African leaders to speak ‘with one voice’, independent of foreign influence, to achieve economic integration, development, peace, and security on the continent.

Barcelona set to offer Lionel Messi lifetime contract

Barcelona are set to offer Lionel Messi a lifetime contract at the Nou Camp, according to CEO Oscar Grau.

Chelsea win over Crystal Palace ‘a big result’ – Jamie Redknapp

Jamie Redknapp has called Chelsea's 4-2 win against Watford a "big result" for the club and says they "badly" needed the result.

1,272 fail Nigerian Law School exam

The Nigerian Law School on Saturday released the summary of the final examination results conducted in August.

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NNPC Retail’s new mega station, part of strategies to ensure energy security – Maikanti...

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Dr. Maikanti Baru, has described the commencement of operations of the newly constructed ultra-modern mega station of NNPC Retail Limited located along Lagos-Ibadan Expressway, as part of the strategies to ensuring energy security in the country.

Uganda police hold opposition leader Kizza Besigye over attempted murder

Ugandan police have detained the country's most prominent opposition leader over allegations of attempted murder.

Somali President Farmajo declares three days of mourning

Somali President Mohamed Abdullahi "Farmajo" Mohamed has declared a three-day national mourning following a deadly explosion in Mogadishu on Saturday.

President Buhari to attend D-8 Summit in Istanbul, visit Ankara

President Muhammadu Buhari will on Wednesday depart for Istanbul, Turkey to participate in the ninth Summit of the Developing 8 (D-8) on Friday, October 20, 2017.

NUC approves medical college for Rivers State University

The National Universities Commission (NUC) has approved the establishment of a Medical College at the Rivers State University.