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Buhari admits to plagiarizing line from Obama speech

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ABUJA, SEPTEMBER 17, 2016 - President Muhammadu Buhari plagiarized quotes from U.S. President Barack Obama in a speech promising change in the West African country,...

Opposition parties decry delay of council poll in Lagos

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LAGOS, SEPTEMBER 16, 2016 - Opposition political parties in Lagos have decried the delay by the Lagos State Government in conducting local government election. Some...

Nigeria to sell $1 bln worth of Eurobonds by mid-Dec

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ABUJA, SEPTEMBER 16, 2016 - The federal government expects to raise $1 billion from Eurobonds by mid-December, a senior debt official said on Friday as...

Funding Nigerian oil cash calls from debt key for economy –...

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ABUJA, SEPTEMBER 16, 2016 - Nigeria must get out of paying so-called cash calls to joint ventures with oil and gas companies to stand a...

Interbank rates rise on naira cash shortage

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LAGOSS, SEPTEMBER 16, 2016 - Nigeria's overnight naira interbank lending rate rose sharply to an average of 40 percent on Friday, up from 15 percent...

Our efforts to rescue Chibok schoolgirls – Lai Mohammed

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The Buhari administration has announced a fresh bid to rescue the abducted Chibok schoolgirls from Boko Haram. Addressing journalists on Friday, the Minister of Information...

NCC moves to streamline tax

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FRI, SEPTEMBER 16 2016-In response to demands to urgently address the issue of multiple taxation confronting stakeholders in the telecoms industry, the Nigerian Communications...

Lagos State approves N740m to compensate LFTZ landowners

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FRI, 16 SEPTEMBER 2016-The Lagos State governor, Akinwunmi Ambode, has approved the release of N740,461,432.00, as compensation to the landowners in areas bordering the...

NSE: Trading stays positive

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By Oladimeji Abidoye FRI, 16 SEPTEMBER 2016-Trading on Thursday continue in an upward trend from where it left off on Wednesday after the Eid-El-Kabir celebration...

AfDB launches 3-year USD 1 billion Global benchmark

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(AfDB) FRI, 16 SEPTEMBER 2016-On Wednesday, September 14, 2016, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a US $1 billion fixed rate US...