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The Central Bank of Nigeria, CBN, on Monday injected $90 million to meet requests by bank customers, in its bid to sustain the supply of foreign exchange and ensure liquidity in the market. The spokesperson of the bank, Isaac Okorafor, who confirmed the figure, said the fresh release is to meet...

The White House released a statement from President Barack Obama, who phoned Donald Trump to congratulate him on his victory early this morning. According to the statement, Obama also spoke with Hillary Clinton and "expressed admiration for the strong campaign she waged throughout the country...

Niger Delta leaders are at the Aso Rock Presidential Villa in Abuja for a crucial meeting with President Muhammadu Buhari. The meeting, billed to start this noon, is aimed at resolving the militancy in the region which has led to a sharp decline in oil production. Among those who have so...

President Muhammadu Buhari has urged the governors on the platform of the ruling All Progressives Congress (APC) put into writing any dissatisfaction about the nominees on the ambassadorial list. The governors urged the President to make some changes of the persons he had nominated as...

Power generation in Nigeria rose to 4,028 megawatts, resulting in 69 megawatts increase in power produced by the generation companies, GENCOs The Nigerian Electricity System Operator (SO) of the Transmission Company of Nigeria, TCN, stated this on its website. It explained that lowest energy...

The immediate past minister of environment, Mrs. Laurentia Laraba Mallam has been kidnapped along with her 73 years old husband, Mr Pius in Jere, area of Kagarko local government in Kaduna State. A family source told Leadership Newspaper that the duo were kidnapped on Monday night on their way...

Governor Yahaya Bello-led government has made a huge recovering amount out of the 230 million naira diverted pension fund in the state. The state government says it has recovered 25 million naira funds diverted into private pockets by some individuals in the pension office. The government said...

A 30-year-old Nigerian national, Daniel Henry whose business visa had expired in April was found dead in his rented flat in Nalasopara on Thursday night. The Tuling Police has ruled out murder and suspect the victim to have been electrocuted in the kitchen. Inspector Kailash Barve said his...

The world market has been thrown into uncertainties as the United Kingdon (UK) voted to leave the European Union (EU) in a historic referendum. Those who opted out of the EU garnered 52% of the votes while those who opted for EU got 48% of the votes in an election with 72% turnout. Shares in...

There are strong indications that the implementation of the budget has not effectively taken off, resulting in a cash crunch in Ministries, Departments and Agencies ( MDAs) as well an atmosphere of disillusionment among government officials. According to New Telegrapg report, a number of...

The international friendly match between the Super Eagles and the National team of Luxembourg has been brought forward by 24 hours. A letter to the Nigeria Football Federation (NFF) by the Football Association of Luxembourg on Friday explained that the match, earlier scheduled for 1st June, had...

Governor of Lagos, Akinwunmi Ambode, today, welcomed Hiroyuki Yanagi, CEO Yamaha Motor Corporation and Mr. Richard Bielle, CEO of CFAO to Lagos. The governor met both CEOs at the Grand Opening Ceremony Of CFAO Yamaha Motor Nigeria Ltd Office Premises & Assembly Line in Lagos. According to...

Benue State governor, Samuel Ortom has boasted about 2019 governorship election in the state despite his inability to pay state workers. Ortom said that in 2015, God asked him to resign his appointment as a federal minister and run for the Benue number one seat and he won. In an interactive...

Stanbic IBTC Stockbrokers Limited, has launched an online stockbroking service on the Nigerian Stock Exchange with real-time processing capacity. The Stanbic IBTC e-Trade provides investors with real-time market information as well as enabling them give real-time mandates to buy or sell shares...

The Taraba State chapter of the Nigeria Labour Congress (NLC), has given Governor Darius Ishaku of the state the end of May to settle all the deductions made by the state government in the workers’ salaries. The trade union wants the government to settle the salaries of all underpaid and...

A human rights group, Campaign for Democracy, CD has called on the federal government to declare a state of emergency on all the federal roads in the South East geo-political zone. CD therefore gave the Minister of Works, Power and Housing, Babatunde Fashiola (SAN) seven days to visit all the...

Independent National Electoral Commission has declared Ife Central Constituency bye election inconclusive due to ballot snatching in 10 Polling Units, SaharaReporters is reporting.... Details later....