Monthly Archives: February 2017

Naira further regains strength at N425 to a dollar in parallel market

The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to a dollar. However, it was N450 to a dollar at the close of transactions on Monday. A ...

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FG completes repairs on Abuja-Kaduna road on schedule

The federal government on Tuesday inaugurated the Abuja-Kaduna road which was given an emergency facelift with the sum of N1.1 billion. Mr Babatunde Fashola, the Minister of Power, Works and Housing, who inaugurated road, commended the contractor for completing the ...

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Osinbajo is only implementing Buhari’s policies – Presidency

Babafemi Ojudu, special adviser to President Muhammadu Buhari on political matters, has urged Nigerians to stop comparing the achievements of Acting President Yemi Osinbajo with those of his boss, noting that he is only building on the foundations laid by ...

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List of antibiotic resistant bacteria you need to know – WHO

The World Health Organisation (WHO), on Monday, published its first-ever list of antibiotic resistant “priority pathogens”, a catalogue of 12 families of bacteria that posed threat to human health. The list was released to guide and promote research and development ...

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VIDEO: Coachless Leicester 3 – 1 Liverpool, Watch highlight

Leicester City were able to produce a sensational performance after Claudio Ranieri’s sacking, hammering Liverpool 3-1 on Monday Night. It was Jamie Vardy’s first Premier League goals since December 10 and Danny Drinkwater’s stunning volley that handed the beleaguered champions ...

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OPEC loses $1trn to oil price fluctuation

The Organisation of Petroleum Exporting Countries (OPEC) has lost over $1 trillion to fluctuation of oil prices, its Secretary General, Dr Mohammed Barkindo has said. Barkindo disclosed this on Monday while addressing a news conference organised by the Minster of ...

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Naira continues gain against dollar, sells at N450 of $1

The Naira on Monday continued to strengthen against the dollar and other major currencies, the News Agency of Nigeria (NAN) reports. The Nigerian currency gained N10 to exchange at N450 to a dollar at the parallel market, while the Pound ...

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FG appoints new directors for NCAA

The Federal Government on Monday approved the appointment of five new directors and one General Manager for the Nigerian Civil Aviation Authority, NCAA. The NCAA made the announcement in a statement issued by its General Manager, Public Affairs, Sam Adurogboye, ...

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Apart from N300 billion AMCON debt, Arik owes another N25 billion – Official

The Asset Management Corporation of Nigeria, AMCON, on Monday said Arik Air, under its previous management, owed the International Air Transport Association, IATA, $78 million (about N25 billion). Simon Tumba, Media Consultant to Arik Air, gave the figure while speaking ...

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Air Peace suffers burst tyre in Lagos

A Boeing 737 aircraft belonging to Air Peace on Monday suffered a burst tyre while preparing for take-off at the Murtala Muhammed Airport, Lagos. The News Agency of Nigeria (NAN) gathered that the incident occurred at about 11 a.m. forcing the ...

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