Despite some recovery in headline Gross Domestic Product (GDP) to 6.28 per cent and decline in inflation, analysts have issued fresh warnings that the so-called growth in the nation’s economy is rooted precariously on shaky fundamentals that coul...
Following its plans to increase the value of coins, the Central bank of Nigeria (CBN) has revealed plans to introduce coins dispensing Automated Teller Machines (ATMs)in the country. This new strategy, the CBN said would encourage Nigerians imbibe the ...
The Nigerian Civil Aviation Authority (NCAA) yesterday temporarily grounded one of Aero’s B737 planes for re-certification following an aborted takeoff of its Lagos bound flight at the Nnamdi Azikiwe International Airport, Abuja due to a snag (fa...
Following the shutdown of system 2b, a major pipeline that evacuates between nine to 11million litres of fuel from Lagos to Ibadan, Ilorin and the north, due to serious vandalism by oil thieves a few weeks ago, the Nigerian National Petroleum Corporati...
The fracas between the Federal Airports Authority of Nigeria (FAAN) and licenced customs agents and freight forwarders yesterday took another turn as Aviation Security officers (AVSEC) and the Police yesterday barred clearing agents and freight forward...
The National Bureau of Statistics (NBS) has said that the opinion of the few respondents on its data portal cannot be equated to the position of all Nigerians on the issue of the planned introduction of N5,000 notes. The NBS also said it was incorrect ...
The value of the naira continued to run southward as it fell against the United States dollar at the interbank market yesterday, on strong dollar demand. Demand had outpaced thin supply from an oil company and some offshore investors in local debt, wit...
Transactions on the Nigerian Stock Exchange closed in the green zone to what some market watchers attributed to investors’ renewed confidence in the local bourse following expectations that the appointed market makers billed to commence operation...
A consultant clinical microbiologist/parasitologist, National Hospital, Abuja, Dr Kenneth Iregbu, has disclosed that over 95 per cent of the country’s laboratory reports were unreliable. He said in an exclusive interview with LEADERSHIP in Abuja ...
Despite the depressive performances of major economies occasioned by debt and other fiscal problems in European, Asian and American economies in the past months, Nigeria’s economy when measured by real gross domestic product grew by 6.28 per cent...
The Legal Aid Council (LAC) has organised a one-day Alternative Dispute Resolution (ADR) workshop for relevant stakeholders in Kaduna State. Participants at the workshop include Non Governmental Organisations (NGOs), traditional rulers, welfare officer...
Efforts by the Federal government and security agencies to clamp down on oil thieves yielded result at the weekend in Aba, Abia State, when the Anti Vandal squad of the Nigeria Security and Civil Defence Corps (NSCDC) arre...
The All Progressive Grand Alliance (APGA) has nominated Mr Chris Giwa as its candidate for the Plateau North Senatorial by-election scheduled for Oct. 6, a party official has said. Dr Isa Jega, the Plateau APGA Chairman, disclosed this in Jos on Saturd...
Federal Government's amnesty programme is not an issue confined to the Niger-Delta but it is rather a Nigeria project, Senate Deputy Leader Abdul Ningi has said. He told the Southern Africa correspondent of the News Agency of Nigeria (NAN) in Johan...
It was naira rain for the Team Nigeria at the recently concluded London Paralympics games and members of the U-20 female national team, the Falconets, as the federal government in appreciation of their efforts rewarded them with cash rewards. Each of t...