The nation’s consumer inflation rose to 12.1 per cent year-on-year in March, compared with 11.9 per cent year-on-year in February, driven by higher food prices, the National Bureau of Statistics said yesterday. “The increase in the he...
The Central Bank of Nigeria yesterday said it was yet to be served any court papers in respect of a suit filed by Victor E. Dike, alleging that the CBN Governor, Malam Sanusi Lamido Sanusi plagiarised his work. The CBN in a statement signed...
The Petroleum Products Pricing Regulatory Agency (PPPRA) has debunked allegations levelled against it in the media, following the House of Representatives Ad- Hoc Committee report on subsidy regime in Nigeria, saying it did not pay N312 billion to itse...
As the ultimatum given British Airways, Virgin Atlantic Airways and other foreign carriers in Nigeria to bring down their fares expired yesterday, the Federal Government has suspended sanctions pending the outcome of the investigations instituted by th...
The naira firmed against the U.S dollar on both the interbank market and official window yesterday, after a unit of France Total sold about $120 million to some lenders, boosting dollar liquidity. Traders said the naira closed at N157.20 to the d...
Kabiru Nuhu Koko is the president-general of Unity Schools Old Students Association, (The Pro-Unitate) (USOSA). In this interview with Ruth Choji and Binta AbdulAziz, the banker stated that most unity schools are in a state of decay. He also declared t...
The Senate yesterday endorsed the passage of bills establishing four federal universities. The universities include, Federal university of Dutsin-ma, Federal university of Uyo, Federal university of Kashere and federal university of Lafia, Nasarawa sta...
The national president of the Nigeria Union of Teachers, (NUT) Comrade Michael Olukoya has called on institutions to come up with relevant research materials that will serve as guidelines for more effective labour activities in the country. He made thi...
The Development Control Department of the Federal Capital Territory Administration (FCTA) yesterday demolished a substandard four storey building on Plot 21 Ndjamena Crescent, beside Dennis Hotel, Wuse 2. In a chat with journalists, the Director of the...
The Director, Federal Capital Territory (FCT) Water Board Engr. Jibrin Ibrahim has assured residents of Abuja of a more stable and steady supply of water once the board commissions its on-going projects by the second quarter of this year. Ibrahim made ...
A pregnant woman, Regina Odumosi, 31, has been remanded in prison custody by an FCT Chief Magistrate’s Court over her alleged involvement in a N82 million fraud. Odumosi, of no fixed address, is facing a four-count charge of joint act, crim...
President Goodluck Jonathan yesterday threw his weight behind the report of the House of Representatives Ad-hoc Committee which probed the management of subsidy funds, assuring that any proven culprit would not be spared. Similarly, the Peoples Democra...
Former Vice-President Atiku Abubakar has expressed worry over what he called attempts from some quarters to create the impression that he is not eligible to vie for the presidency in 2015. Atiku said yesterday that those who claim to have the gift of f...
Sultan of Sokoto Alhaji Sa’ad Abubakar III, has declared that there is mutual unity, love and understanding among the Northern traditional rulers. The Sultan spoke at the commissioning ceremony of five first-class Emirs’ houses built in Dut...
An eye witness of the bomb blast that rocked a football viewing centre at Tudun Wada area of Jos, Talbat Abdulrasheed, has disclosed that the perpetrators of the blast drove in a white Mercedes Benz to commit the act. Abdulrasheed further told LEADERSH...