It is no longer news that the Central Bank of Nigeria (CBN) will introduce the N5,000 note into circulation in 2013 as part of a comprehensive currency restructuring exercise and also the lower naira denominations of N20, N10 and N5 will be made coins....
The Canadian High Commissioner to Nigeria, Ambassador Chris Cooter, has described his country’s trade relations with Nigeria as mutually beneficiall, pegging the volume of trade between the two countries at $3billion. In a media chat with LEADERS...
President Goodluck Jonathan said, yesterday, that he will fill the two ministerial vacancies brought about by the resignation of the Power Minister, Prof. Barth Nnaji and the removal of Defence Minister, Dr. Haliru Bello as soon as the Senate resumes f...
The Nigerian Navy yesterday rescued retook an oil tanker, MT Abu Dhabi Star, hijacked off the coast of Lagos, freeing 23 Indian sailors held hostage by pirates who fled as the navy arrived, a report by the Associated Press said. None of the sailors was...
President Goodluck Jonathan has directed relevant government agencies to ensure full implementation of the white paper on the Presidential Committee on Strategic Plans for Engineering Development and Control released since 2005. The President revealed ...
Authorities of the Joint Military Task Force (JTF) code named ‘Operation Pulo Shield’ yesterday announced that it has intercepted a cache of arms and ammunition in the Ajudaibo Community in the Warri South Local Government Area of Delta Sta...
Two years after the Edo State government signed a Memorandum of Understanding (MoU) with Azura Power (West Africa) Ltd to build a 450mw Independent Power Plant (IPP) near Benin City the state capital, the firm is yet to commence any construction ...
Akwa Ibom State government has set up a panel to investigate the double payment of salaries to civil servants in some government parastatals in the state. This followed reports sent to the finance ministry by unnamed parastatals. Inaugurating the...
The deputy governor of Taraba State Alhaji Sani Abubaka Danladi yesterday confirmed that he received an impeachment notice from the state House of Assembly, stating that he is working round the clock to reply the allegations leveled against...
The senator representing Plateau southern senatorial zone in the National Assembly, Senator Victor Lar has commended President Goodluck Jonathan for directing presidential intervention for the construction of roads and bridges following the flood that ...
The National Human Rights Commission (NHRC) has officially commenced the establishment of state offices with the official commissioning of its Benue State office in Makurdi, the state capital. Deputy Director, Public Affairs and Communications of the c...
The first governor of Plateau State and former chairman of the Peoples Democratic Party (PDP), Dr Solomon Lar, says he has forgiven General Muhammadu Buhari who imprisoned him when he overthrew the Second Republic in 1984. The elder statesman said this...
Nasarawa State Governor Umaru Tanko Almakura is undertaking a total turnaround maintenance of the street lights in Lafia, the state capital, to make them functional. The acting General Manager of Nasarawa State Urban Development Board (NUDB), Engineer ...
Nigeria spends trillions of naira in the importation of both foodstuff and technology. In this interview with NKECHI ISAAC, the acting director of the National Agency for Science and Engineering Infrastructure (NASENI), Engr. Mohammed Haruna, says that...
The new N5,000 note just approved by President Goodluck Jonathan will end the use of $100 notes now in vogue among looters, industrialist-businessman Atedo Peterside told journalists yesterday while supporting the introduction of the new currency...