The Central Bank of Nigeria (CBN) has said that country’s foreign reserve has hit $42.8 billion.…
Category: News
Lawmakers probe ministry over $160m World Bank project
The House of Representatives has resolved to probe the circumstances surrounding the engagement of consultant for…
Philippines opposes China naming features on its continental shelf
By Jite Eriabie The Philippines on Wednesday said it would oppose what it said were attempts by Beijing…
Piraeus port profit surge under COSCO’s ownership
By Jite Eriabie Piraeus Port Authority (PPA) ended 2017 with a net income of EUR 11.3…
NYK China car carrier unit could be hit with $19m fraud
By Jite Eriabie Major Japanese line NYK has revealed a possible JPY2bn ($18.7m) embezzlement case at…
NAFDAC docks businessman for importation of fake drugs
The National Agency for Food and Drugs Administration and Control (NAFDAC), on Wednesday, charged a businessman,…
Dangote tours Apapa Wharf road, urges withdrawal of Customs, Navy from road
Businessman Alhaji Aliko Dangote on Wednesday visited the Ijora-Apapa Wharf road in Lagos, calling on the…
Only exceptionally skilled Nigerians can be employed in China, says Envoy
The Consul-General of the Federal Republic of Nigeria in Guangzhou, China, Amb.Wale Oloko, on Wednesday, admonished…
Argentina offers $5m reward for missing submarine
Argentina announced a $5 million reward Wednesday for information leading to the recovery of the missing…
2018 budget: Senate issues one week ultimatum to 63 agencies over budget details
The Senate on Wednesday asked 63 agencies and parastatals under the Federal Government to submit details…
Appeal court rules Nigerians cannot pursue Shell spill claim in England
The Court of Appeal in London ruled on Wednesday that two Nigerian communities cannot pursue Royal…
Delta Airlines: NCAA to investigate emergency landing incident at Lagos airport
The Nigerian Civil Aviation Authority (NCAA) said on Wednesday it would investigate the emergency landing by…