Latest Nigerian News updates

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Transparency International Denies Endorsing Magu

Recent reports that Transparency International (TI) in the United Kingdom had endorsed the acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has proven to be false. A statement issued by the anti-corruption body, EFCC, had said that the international anti-corruption monitor had endorsed Magu as an anti-corruption icon. The statement of […]
Added about 7 hours ago from This Day News

NIS Unveils Online Visa-on-Arrival Platform

The Nigeria Immigration Service (NIS) has announced the introduction of a liberalised online Visa-on-Arrival (VOA) facility to the public, especially foreign investors willing to invest in Nigeria. The Comptroller-General of the NIS, Muhammad Babandede, made the announcement on Thursday in Abuja. Babandede said the measure was part of the resolution of the Presidential Enabling Business […]
Added about 7 hours ago from This Day News

Over 1,000 illegal mining sites dot Nigeria – NMGS

Everest Amaefule, Abuja More than 1000 mining sites across the country are occupied by illegal miners, the Nigerian Mining and Geosciences Society has said. The President of the society, Prof. Gbenga Okunlola, said this at a press conference to announce the 2017 National Conference of the NMGS in Abuja on Thursday. Illegal mining has remained […]
Added about 7 hours ago from The Punch News

Buhari appoints CEO, executive directors for agric bank

Okechukwu Nnodim, Abuja President Muhammadu Buhari has approved the appointment of an interim managing director/chief executive officer, as well as executive directors for the Bank of Agriculture. The appointments were announced by the Federal Ministry of Agriculture and Rural Development on Thursday in a statement issued by the Deputy Director, Information, Mrs. Blessing Lere-Adams. The […]
Added about 7 hours ago from The Punch News

Naira may gain further, hits 385/dollar

Oyetunji Abioye The naira is likely to strengthen further on the black market as the Central Bank of Nigeria steps its interventions in the foreign exchange market. According to currency analysts and economic experts, the naira will record further gain in the coming days as the CBN aims to narrow the gap between the official […]
Added about 7 hours ago from The Punch News

CBN offers one-year TB above inflation rate

The Central Bank of Nigeria on Thursday said it sold one-year treasury notes at 18.69 per cent, above inflation rate for the second consecutive time in a bid to maintain positive yield and attract investors, Reuters reported. The CBN said it raised N83.16bn by issuing the one-year bill, which it had sold at a yield […]
Added about 7 hours ago from The Punch News

FCMB launches new reward scheme

First City Monument Bank Limited has announced its reward scheme tagged ‘FCMB Millionaire Promo Season 4’ for its customers. The bank said in a statement on Thursday that the promotion had been designed to provide extra empowerment and create value for customers of the bank, while encouraging financial inclusion and savings culture. It said, “The […]
Added about 7 hours ago from The Punch News

Lagos firm introduces online payment innovation

A new online payment and mobile top-up platform has been introduced into the Nigerian market. Tagged UNIVASA, the platform allows users to make payment for goods and services using various channels, namely: webportal, mobile app, API webservice, SMS and USSD. According to a statement by Bemas Technologies Limited, the promoters of the scheme, the innovation […]
Added about 7 hours ago from The Punch News

Sterling Bank, NEPC move to drive forex income

Sterling Bank Plc has partnered the Nigerian Export Promotion Council to drive the export of agricultural products in the country. This is in line with the Federal Government’s plans to improve the country’s foreign exchange income The lender said in a statement on Thursday that the move was also part of its support for the […]
Added about 7 hours ago from The Punch News

Another Batch of Stranded Nigerians Deported from Libya

Chinedu Eze Another batch of Nigerians, numbering about 155 on Thursday arrived Murtala Muhammed International Airport (MMIA) in Lagos from Libya after unsuccessful attempts to cross to Europe. The returnees, who were largely in their 20s and 30s, were picked from different prisons and detention camps in the country. According to the Nigerian Immigration Services […]
Added about 7 hours ago from This Day News

Court sentences Cynthia Osokogu’s killers to death

Ramon Oladimeji A Lagos State High Court in Igbosere on Thursday convicted Okwumo Nwabufo and Olisaeloka Ezike who were charged with the murder of a postgraduate student of Nasarawa State University, Cynthia Osokogu. Following their coviction, the trial judge, Justice Olabisi Akinlade, ordered that Nwabufo and Ezike should be hung by the neck until they […]
Added about 7 hours ago from The Punch News

Ayade donates vehicles to Army, seeks improved security

Afeez Hanafi The Cross River State Governor, Prof. Ben Ayade, says his administration has donated some operational vehicles to the Nigerian Army to enhance the security of lives and property in the state. Ayade said the donation was necessitated by the efforts of the army in addressing communal clashes in the state and their working […]
Added about 7 hours ago from The Punch News

Man wants Divorce-seeking Wife to pay N3m Alimony

Bello U., a resident of Gidan Haki in Sokoto North Local Government of Sokoto State, has asked his divorce-seeking wife to pay N3 million for her freedom. His wife, Aishatu, had sued Bello at the City Lower Shari’a Court, Sokoto, praying for a divorce. Aishatu, who spoke through her lawyer, Abubakar Sani, told the court that […]
Added about 7 hours ago from Bella Naija

Fashola hails Fayose’s projects, berates federal controller of works

Kamarudeen Ogundele, Ado Ekiti The Minister of Power, Works and Housing, Babatunde Fashola, on Thursday, condemned the Federal Controller of Works in Ekiti State, Hezekiah Kehinde, for siting the ongoing national housing project in a location far from the heart of Ado Ekiti, the state capital. The former Lagos State Governor, who visited the site […]
Added about 7 hours ago from The Punch News

Kwankwaso’s housing estates are liabilities, says Ganduje

Ted Odogwu, Kano The Kano State Governor, Abdullahi Ganduje, on Thursday, described the three multi-billion naira city projects undertaken by his predecessor, Rabiu Kwankwaso, as liabilities and not assets to the state. The governor, who said this during an inspection tour of some projects being executed by his administration, lamented that the state government’s indebtedness […]
Added about 7 hours ago from The Punch News

20 escape death as Speaker’s house collapses

Ihuoma Chiedozie, Enugu About 20 construction workers escaped death on Thursday when a building believed to be owned by the Speaker of the Enugu State House of Assembly, Edward Ubosi, collapsed. The two-storey building, which was still under construction, is located on an estate around Nkpokiti junction at Independence Layout, Enugu. The building was one […]
Added about 7 hours ago from The Punch News

Senate confirms 45 ambassadorial nominees, drops two

Leke Baiyewu, Abuja The Senate on Thursday approved the nomination of 45 of the 47 non-career ambassadorial nominees sent to it for legislative confirmation by President Muhammadu Buhari. The rejection of two of the nominees was based on the recommendation of the Senate Committee on Foreign Affairs. The rejected nominees are 82-year-old Justice Sylvanus Nsofor […]
Added about 7 hours ago from The Punch News

Grass-cutting probe: Contracts awarded to 20 ‘ghost’ firms, says Senate panel

Eniola Akinkuotu and  Leke Baiyewu, Abuja The Senate, on Thursday, said it had not been able to trace the addresses of about 20 contractors engaged for the execution of various projects in the rehabilitation of the North-East. An investigative hearing by the Senate on the alleged management of funds meant for the rehabilitation of the […]
Added about 7 hours ago from The Punch News