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Naira loses to dollar, exchanges at N445.50

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The naira on Tuesday November 22, 2022 depreciated against the dollar at the Investors and Exporters window, exchanging at N445.50. The figure represents a depreciation...

Dangote: I’m committing $700m to boost sugar production

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Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, is to commit $700 million to boost sugar production in Nigeria. Dangote on Tuesday...

Ibom Air gets 2 additional Airbus aircraft

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Governor Udom Emmanuel of Akwa Ibom on Tuesday received two additional A320-200 Airbus aircraft on lease from a European company in Uyo for the...

Senate okays N48bn pipeline contract to ex-militant Tompolo

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The N48 billion oil pipeline surveillance contract approved by the Federal Government to a former Niger Delta militant leader, Mr. Government Ekpemupolo (alias Tompolo),...

Arik Air resumes flight operations to Owerri, Kano

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Arik Air is set to resume its Lagos- Owerri, Abuja-Kano daily flights on November 28. Arik’s Chief Executive Officer, Mr. Roy Ilegbodu, disclosed this through the...

ABU lecturers protest withheld salaries, threaten to abandon backlog works

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Lecturers of the Ahmadu Bello University (ABU), Zaria on Tuesday staged a protest over their seven-month withheld salaries. They also threatened to abandon the backlog...

37 die as passenger buses collide along Maiduguri-Damaturu road

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Thirty-seven people have been confirmed dead in an accident that occurred along the Maiduguri-Damaturu Road on Tuesday. The Borno Sector Commander of Federal Road Safety Corps...

Buhari excited, inaugurates 1bn barrel oil reserves in Bauchi/Gombe

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President Muhammadu Buhari has expressed joy over the discovery of over one billion barrels of oil reserves and 500 billion Cubic Feet of Gas...

Kolmani oil and gas project attracted $3bn investment – Buhari 

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President Muhammadu Buhari has declared that his administration attracted over $3 billion investment in the Oil and Gas Sector at a time of near-zero...

Biannual Games: 2 female policemen die, 17 injured in auto crash

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Two policemen of the Borno Police Command have died in an auto crash. Seventeen others were injured in the accident. The accident occurred on Monday along...