Police detains 30 suspects over links to failed coup in Turkey

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Police operatives in Turkey have detained 30 suspects over their alleged links to a network accused of orchestrating a coup attempt in 2016. Police launched...

Reps to review laws, practices restricting press freedom

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The House of Representatives on Friday promised to review the laws and practices restricting press freedom in the country. The Chairman, House Committee on Media...

Nigeria to divest 26 oil blocks of 8.211m barrels reserves

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The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, said on Friday the International Oil Companies (IOCs) have proposed the...

Naira up by 0.2%, trades for N1, 400/$ at official market

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The Naira traded at N1,400.40 to a dollar at the official market on Friday. Data from the FMDQ Exchange revealed that the Naira gained N2.27,...

Again, Customs FX rate for import duties increases to N1,441/$1, higher than official rate

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For the second time this month, the Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties, this time, to...

Cardoso blames food inflation on Nigerian govt’s palliatives purchase

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The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has blamed the rising food inflation on the purchase of foodstuffs as palliatives...

Nigerian govt unbundles TCN, new system operator emerges

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The Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) and ordered it to transfer all market and system operation...

FMC Keffi sacks two staff, suspends 6 over job racketeering

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The management of the Federal Medical Centre (FMC), Keffi, Nasarawa State has sacked two of its staff over job racketeering. The hospital’s Chief Medical Director,...

Court restrains police from arresting Kano APC ward officers behind Ganduje’s suspension

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Justice Yusuf Ubale of the Kano State High Court on Friday granted restrained the Nigeria Police from arresting the All Progressives Congress (APC) ward...

NGX: Investors close week with N466b profit as Presco leads gainers for second consecutive...

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Investors in the Nigerian equities market closed the trading week with a profit of N466 billion on Friday. This followed the growth in the share...

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