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Nigeria US Dollar Bonds Rally Despite Sell Order for Banks Nigeria’s sovereign Eurobonds, or US dollar bonds rallied in the international market despite an industry wide foreign currency asset sell down directive by the apex Bank. Consequently, the average yield jerked down slightly as the authority planned external capital raise to fund its budget deficits.   […]

The Registrar of the Nursing and Midwifery Council of Nigeria, Faruk Abubakar, on Monday, said the council’s new guidelines are not targeted at stopping nurses and midwives from relocating abroad in search of greener pastures. Abubakar, however, said the council was protecting Nigeria’s interest because Nigerians have no other country. The Registrar said these while […]

Emmanuel Odunlami attended an exclusive event in London to celebrate his 32nd birthday, donning an imitation Patek Philippe Nautilus watch. The gathering was adorned with luxury, as Odunlami sported a Dior jacket and a Goyard bag, while other attendees showcased Rolex timepieces. However, tragedy struck when a security guard at the high-end event, Kavindu Hettiarachchi, […]

The Federal High Court in Abuja has scheduled April 16, 2024 for the definite hearing of a suit filed by human rights activist Maxwell Opara, challenging the appointment of Mrs. Adepoju Caroline Wura-Ola as the Comptroller General of the Nigeria Immigration Service (NIS) after her due age of retirement by President Bola Ahmed Tinubu. Opara, […]

The arraignment of the senator representing Bayelsa Central, Benson Konbowei, was on Monday stalled due to his absence in court. The Inspector General of Police had instituted a forgery suit against the senator. In the suit marked: CR/028/2023, the IG preferred three charges, bordering on forgery of the National Youth Service Corps exemption certificate, among […]

The Commissioner of Police, Imo State Command, CP Aboki Danjuma has deployed the Command’s Special Tactical Squad and equipped them with the available resources in collaboration with other sister security agencies to hunt down suspected IPOB/ESN elements, allegedly responsible for the attacks on Correctional Service Farm Settlements, Umualomoke and the residence of Dist. Senator Patrick […]

State governors elected on the platform of the Peoples Democratic Party on Monday said Nigeria under the leadership of President Bola Tinubu’s All Progressives Congress-led Federal Government was almost on the path to becoming like Venezuela. Venezuela is currently facing challenges such as political corruption, persistent scarcities of food and medicine, shutdowns of businesses, high […]

A high-powered delegation consisting of business mogul Aliko Dangote, former Access Bank CEO Aig Imokhuede, Ogun State Governor Dapo Abiodun, economist Pat Utomi, founder of Stanbic IBTC Bank Atedo Peterside and others, paid a condolence visit to the parents of late Access Holdings CEO Herbert Wigwe on Monday. Wigwe, his wife Chizoba and their 11-year […]

The federal government has declared wanted and placed a two million Naira bounty on Mrs Adachukwu Kukelu Okafor who burnt the private parts and body of her 10-years-old maid. The incident which occurred in Anambra state went viral on social media with a video of the naked little girl with burns all over her body […]

The Ministry of Aviation and Aerospace Development has given the green light to Air Peace for international flights to and from John F. Kennedy International Airport in New York, USA. This decision comes after Air Peace submitted a request to the ministry on January 12, 2024, seeking approval for flights to New York. In a […]

The Corporate Affairs Commission (CAC) has announced the introduction of new same-day services to improve customer experience. In a public notice issued today, the CAC stated that entity records can now be updated on the same day, while file checks to determine outstanding annual returns can also be provided within a day. Additionally, same-day certified […]

Interest Rate Hike Tormenting for Nigerian Companies – Analysts Ahead of the Central Bank of Nigeria (CBN) monetary policy committee (MPC) meeting on February 26, a slew of industries analysts have said a potential decision to increase benchmark interest rates would be tormenting for local companies. This will put the apex bank in dilemma after […]