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Nigerian firm removed from UK listing after being 'scammed' of $600,000

Nigeria, Jan. 15 -- A Nigerian oil company, LekOil, is currently in the eye of the storm over an alleged scam of $600,000 involving a consultancy firm, Seawave Invest. The Guardian (UK) reported that... Read More


Access Bank to set up subsidiary in Cameroon

Nigeria, Jan. 15 -- The management of Access Bank Plc on Wednesday announced its intention to expand its businesses into the Republic of Cameroon. The bank made this known in a disclosure notice sent... Read More


Nigerian passport ranked among world's weakest

Nigeria, Jan. 14 -- The Nigerian passport has been ranked among some of the weakest in the world. Although Nigeria is regarded as Africa's largest economy, the Nigerian passport suffered the worst de... Read More


Flights cancelled, delayed as heavy rains leave Dubai airport waterlogged

Nigeria, Jan. 13 -- Several flights were cancelled and numerous others delayed at the Dubai International Airport as heavy rain left the airport waterlogged at the weekend. The rains began Saturday a... Read More


Traffickers of Kwara indigene arrested- Governor

Nigeria, Jan. 11 -- Governor Abdulrahman Abdulrazaq of Kwara State on Friday said the state government and security agencies have arrested the alleged masterminds involved in the trafficking of an ind... Read More


Buhari reinstates official indicted for corruption by EFCC, ICPC, Auditor-General

Nigeria, Jan. 11 -- Marilyn Amobi, the embattled Managing Director of the Nigerian Bulk Electricity Trading Company Limited (NBET) reinstated by President Muhammadu Buhari on Thursday, was indicted by... Read More


Gbajabiamila calls for suspension of hike in electricity tariff

Nigeria, Jan. 11 -- The Speaker of the House of Representatives, Femi Gbajabiamila, has called for the suspension of the proposed hike in electricity tariff, saying the increment should not be allowed... Read More


Naira's performance against dollar in 2019 weakest in 20 years

Nigeria, Jan. 10 -- Nigeria's Naira recorded its weakest performance against the United States dollar in two decades, closing the outgone 2019 on an average of N362.60, the worst run since the country... Read More


Again Buhari overrules power minister, reverses suspension of NBET MD

Nigeria, Jan. 9 -- President Muhammadu Buhari has yet again overruled the Minister of Power, Sale Mamman, over key decisions made in agencies under the ministry's supervision. On Thursday, the presid... Read More


My invectives were not targeted at Fashola - Power Minister

Nigeria, Jan. 8 -- The Ministry of Power has yet again reacted to the reactions of many Nigerians on the different controversies rocking the ministry in the past week. The ministry in a Wednesday pre... Read More