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Court adjourns for Judgement in dispute between FCDA and Kuruduma Allottees

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Hon. Justice Peter Affen, of the High Court of the FCT, Maitama, after hearing the closing statements for the defendants and plaintiffs, adjourned for...

2016 Nigeria Cybersecurity Outlook

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Tope S. Aladenusi cyber-attack hit the main website of the British Broadcasting Corporation (BBC) and its iPlayer Streaming service on New Year's Eve. The BBC’s...

Dealmakers predict busy year for Nigeria

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Dealmakers are predicting a busy M & A pipeline with a few already mandated on new transactions that could bulge the market in 2016. Year-to-date...

Customs duties, taxes takes a beating, threaten budget gap

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Lagos, Nigeria: Nigeria’s budget deficit for 2016 which is projected at 3 percent of GDP or N3 trillion may widen further as a slump...

CBN considers FX market re-jig to stem Naira rout

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The creation of a two-tier foreign exchange market is one of the options being considered by the Central bank of Nigeria (CBN) to help...

Nigerian state governors queue for second bailout fund

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Nigerian Governors are seeking a new round of bailout from the Federal Government less than a year after the previous one, according reports quoting...

DNA rice breakthrough raises ‘green revolution’ hopes

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Rice-growing techniques learned through thousands of years of trial and error are about to be turbocharged with DNA technology in a breakthrough hailed by...

Kanye West claims to be ‘$53m in debt’

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The 38-year-old tweeted before appearing on Saturday Night Live in the US: ''Let's dance in the streets. I am consumed by my purpose to...

Volkswagen managers were notified about diesel probe in May 2014, sources

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(REUTERS) A high-ranking employee warned senior Volkswagen (VOWG_p.DE) managers in May 2014 that U.S. regulators might examine car engine software as part of an...

Boko Haram: Not ISIS, But Still a Problem For the West

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(NEWSWEEK): In March 2015, Boko Haram declared allegiance to the Islamic State militant group (ISIS) in a move that helped it anchor its international...