archiveNovember 2018

      Many construction workers are feared trapped in a 7-storey building that collapsed in Port Harcourt on Friday evening, the News Agency of Nigeria reports. NAN reports that several construction workers were at the site when the building, located at Woji Road in the Government Reserved Area of...

President Muhammadu Buhari has summoned Service Chiefs to an emergency security meeting over the reported killing of some Nigerian soldiers by Boko Haram sect along the Nigeria-Chad border on Sunday. The urgent meeting was necessitated by the latest security developments across the battle fields in the North East region of...

  The U.N. agency for HIV and AIDS has placed its country director for Nigeria on administrative leave following allegations of sexual harassment, a spokeswoman said on Thursday. Reuters reported on Friday. Spokeswoman Sophie Barton-Knott declined to name the person put on leave and said she could not comment on...

... Quiet on casualty figure The Nigerian Army said on Friday night that re-enforcing units deployed to Meteke in Guzamala local government area of Borneo State have repealed further attacks by Book haram terrorists noting that the situation has been brought under control. A statement on its Facebook page said,...

The Nobel Laureate, Prof Wole Soyinka on Friday said he was done with the conferment of honorary awards on him. He said this while receiving an Honorary Degree of Doctor of Letters at the convocation ceremony of the Federal University of Agriculture, Abeokuta. “This is an institution where in the...

    Activities on the Nigerian Stock Exchange (NSE) ended the week on Friday on a bearish note with the market All-Share Index down by 0.96 per cent as a result of profit taking by investors. The index which opened at 31,984.69 lost 305.90 points or 0.96 per cent to...

  The National Insurance Commission (NAICOM) has withdrawn and canceled the circular on Tier Based Minimum Solvency Capital (TBMSC) policy meant to recapitalize and reclassify insurance companies. The circular has since sent shockwaves within the insurance companies and observers across the continent. While some operators who have expended millions on...

The Peoples Democratic Party (PDP) on Friday alleged that the Presidency and the All Progressives Congress (APC) were plotting to “militarize and scuttle the conduct of the 2019 general elections, particularly, the presidential poll.” The National Chairman of the PDP, Prince Uche Secondus said this when he led members of...

The Central Bank of Nigeria (CBN) on Thursday said the proposed increase in minimum wage to N30,000 for Nigerian workers would stimulate output growth in the economy. Godwin Emefiele, CBN governor, made this known in a communique published at the end of the 264th meeting of the Monetary Policy Committee...

President Muhammadu Buhari, says leaders who undermine the economy by denying workers their benefits, while stuffing their personal accounts with public funds will not escape the current anti-corruption dragnet. The president stated this when he received All Progressives Congress (APC) delegation from Benue State, led by Senator George Akume, at...