Blackout as national grid collapses
The national grid has suffered a new total system collapse.
Electricity distribution companies (DisCos), in different notices…
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UAE lifts visa ban on Nigerians as Emirates, Etihad resume flight operations
Visa ban on Nigerian travellers to the United Arab Emirates (UAE) has been lifted with immediate effect.
The development is…
FG to employ 300, 000 Nigerians, 7,000 from each state
The National Commission for the Coordination and Control of Proliferation of Small Arms and Light Weapons has said it plans to…
Nigeria’s reserve is $3.7b, not $33.8b, says JP Morgan
Global financial service firm JP Morgan has estimated Nigeria’s net foreign reserve to be around $3.7 billion.
The figure is…
Power Minister Adelabu Promises Stable and Accessible Electricity for All Nigerians
The newly appointed Minister of Power, Mr Adebayo Adelabu, has pledged to deliver stable and accessible electricity to every…
BREAKING: Dealers dump Dollar, count losses as Naira gains about 15%
Naira inched close to a 15 per cent gain against dollar in the parallel market within a week, trading around N820/$ in Lagos and…
BREAKING: FG Gives N5bn To Each State As Palliatives
The federal government has announced a N5 billion palliative to each state of the federation, including the federal capital…
First Bank Appoints Otedola As Non Executive Director
Shareholders of FBN Holdings (FBNH) have approved the appointment of Lagos businessman, Mr Femi Otedola as a non executive…
Despite N155.63bn provision as staff allowances in 2022, CBN staff get N40.67bn loans
The Central Bank of Nigeria CBN said it has issued N40.67bn loans to members of its staff as of December 2022.
This was…
Over 500,000 Bakery Workers Risk Job Losses Over Planned Strike
No fewer than 500,000 bakery workers may lose their jobs as bakers are planning to shut down following increase in the cost of…