TheCitizen – It's all about you Nigeria's leading online newspaper
Mrs Ada Ugo-Ngali, the Managing Director of Ontario Oil and Gas Ltd, was on Thursday sent to jail for 10 years for defrauding the Federal ...
Read More »Subsidy fraud: Court jails Ugo-Ngali for 10 years
Daily Archives: January 26, 2017
Buhari’s health: Nobody has pressured Osinbajo to resign – Presidency … FG to punish rumour mongers, says Lai Mohammed
The Presidency has rejected speculations that Acting President, Yemi Osinbajo was being held hostage and pressured to resign his office by some state governors ...
Read More »Twin suicide bombings kill 4 in Borno
Three persons and a Civilian JTF, have been killed in two separate suicide bombing attacks, in Usmanti and Kaleri area of Mafa LGA, Borno State ...
Read More »Recession: Fitch downgrades Nigeria’s outlook to negative
The ratings agency Fitch downgraded the outlook on Nigeria’s long-term debt on Wednesday, as the West African country experiences “the most challenging economic ...
Read More »Naira value to tumble by 31% in 2017 – Expert
The official exchange rate of the naira may tumble by about 31 per cent to 400 per United States dollar before the end of this year, a Nigeria-based investment bank ...
Read More »Senate rejects subsidy, tariff hike for power sector
The Senate Committee on Privatisation has rejected the call to subsidise the power sector or increase the current electricity tariff by the Nigerian Electricity Regulatory ...
Read More »Fed Govt sets up new minimum wage panel in February – Ngige
The Federal Government has agreed to set up a committee for the review of the new minimum wage in February. The Special Assistant to the ...
Read More »APC drops Soludo, Ekwunife from Anambra guber race
The Anambra State chapter of the All Progressives Congress (APC) on Wednesday dropped the names of a former governor of the Central Bank of Nigeria ...
Read More »MMM boss, wife flee Nigeria
The hope of mavrodians to retrieve their ‘investments’ and ‘profits’ from the Mavrodi Mondial Moneybox (MMM) Ponzi scheme continues to dim by the day, as ...
Read More »Proposed strike: Pres. Buhari orders payment of N150bn to oil marketers
The Presidency has given an order for the immediate release and payment of N150billion Petroleum Equalization Fund (PEF) owed oil marketers. The directive, which is ...
Read More »CBN to sell dollars in special auction to clear backlogs
The Central Bank of Nigeria (CBN) has asked banks to bid in a special currency auction to clear a backlog of dollar obligations that businesses ...
Read More »FirstBank storms varsities, polytechnics to drive financial inclusion
First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, as part of its engagement initiative to drive financial inclusion, is organising Campus Storms to ...
Read More »NCC: Danbatta visits South East zonal office in Enugu, reiterates corporate focus on consumers
The Executive Vice Chairman and Chief Executive Officer of Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta, on Wednesday paid a visit to the South ...
Read More »Guinness Nigeria receives shareholders’ nod for N40bn rights issue
Guinness Nigeria Plc held its Extra-Ordinary General Meeting (EGM) on Tuesday, 24th January 2017 and received the approval of its shareholders for a proposed Rights ...
Read More »