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Over N4trn stolen in arms deal under Jonathan – Osinbajo

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Around $15 billion (about N4.8 trillion) which is equal to about half the country’s foreign currency reserves was stolen from Nigeria’s public purse under...

Fidelity Bank appoints Balarabe as MD

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Fidelity Bank Plc has appointed an Mohammed Lawal Balarabe, as its acting Managing Director. He replaces Nnamdi Okonkwo who is presently in Economic and Financial...

Johnson & Johnson ordered to pay $55 million in talc-powder trial

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Johnson & Johnson was ordered by a U.S. jury on Monday to pay $55 million to a woman who said that using the company’s...

FG subsidising petrol by N12 – PPPRA

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The Federal Government on Monday said it was currently subsidising Premium Motor Spirit (PMS) otherwise known as petrol at N12.62 per litre. It said that...

FG targets 7,000mw to boost electricity, says Osinbajo

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Vice-President Yemi Osinbajo said on Monday that the Federal Government was planning to generate 7, 000 megawatts of electricity for the nation within the...

President Biya of Cameroun begins two-day state visit to Nigeria on...

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President Paul Biya of Cameroon, will at the invitation of President Muhammadu Buhari, begin a two-day state visit to Nigeria on Tuesday. This information is...

PDP Chairmanship: Ex-Aviation minister declares intention

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Former Minister of Aviation, Chief Felix Hyat, on Monday said that he would contest for the chairmanship position of the Peoples Democratic Party (PDP)...

Electricity Coy records 56 cases of vandalism in Southeast

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The Enugu Electricity Distribution Company (EEDC) recorded 56 cases of power installation vandalism in the South East between January and April. The Head of EEDC...

FG to begin exploratory oil drilling in Chad Basin by October...

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Nigeria plans to begin exploratory drilling in search of oil in the northeastern Chad Basin region by October, the head of the state oil...

Australian Craig Wright says he invented Bitcoin

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Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. His admission ends years of speculation about who came up with the...