The police in Imo State, South-east Nigeria, say they have arrested a hotelier over the death of an employee of his hotel. The suspect, Ibeh Obasi, 38, owns the hotel, Our Guest House, in the Umulogho community in the Obowo…
The Federal Road Safety Corps (FRSC), Ogun State Command, says six people have died while 20 others sustained injuries in three separate accidents across Ogun state on Monday. In a statement made available to newsmen in Abeokuta, Mrs Florence Okpe,…
The Edo State House of Assembly on Monday removed the State Deputy Governor, Philip Shaibu. The removal followed the adoption of the recommendation of a seven-member judicial panel led by Stephen Omonua, a retired judge. At plenary in Benin, the…
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of N1,101 to the dollar. The Director, Trade and Exchange Department of the CBN, W.J Kanya said…
Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has arrived at the Lagos State High Court, Ikeja, on Monday in his ongoing trial by the Economic and Financial Crimes Commission (EFCC). He is being arraigned before Justice…
The Minister of Power, Adebayo Adelabu, said the government has completed the pilot phase of the Presidential Power Initiatives (PPI) also known as the Siemens contracts to improve electricity in Nigeria. Adelabu made this disclosure on Friday while responding to…
Last week, Nigerian stocks shed 1.1 per cent as profit-taking efforts by investors weighed on equities, with bank stocks most affected. A couple of corporate actions, notably dividend declarations, were announced during the week, but the financials and the cash…
Tokyo stocks ended higher on Monday as investors took heart from strong US jobs data and Israel’s withdrawal of forces from the southern Gaza Strip. The benchmark Nikkei 225 index was up 0.91 percent, or 354.96 points, to end at…
Ekiti State Governor, Biodun Oyebanji, has committed to production of statistics and generation of reliable data for proper planning and effective management of the state’s economy. He gave the assurance in Ado-Ekiti on Sunday during the flag-off of the computation…
High-net-worth individuals are equipping their houses with innovative technologies and buying smart homes, despite its numerous challenges such as high cost, lack of good internet infrastructure, and epileptic electricity supply. With the nation’s huge population, experts believe the future is…