Wednesday, 27 January 2016

​10 ships arrive Lagos with petrol

Ten ships are waiting to discharge petrol at both Apapa and Tin-Can Island Ports in Lagos.

The Nigerian Ports Authority (NPA) stated this in its daily publication – `Shipping Position’, a copy of which was made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos.


Tuesday, 26 January 2016

Deeper Life pastor kidnapped in Kebbi, abductors demand N50m

A Pastor of the Deeper Christian Life Ministry, DCLM, in Kebbi state, David Onubedo, was on Monday evening reportedly kidnapped in Okene, Kogi State by kidnappers who whisked him away to an unknown destination.



Men are after my money – Josephine Ugwu, airport cleaner who returned N12m laments


Josephine Ugwu, the Nigerian woman who returned N12 million she found in the course of her duty as a cleaner at the Murtala Mohammed International Airport, MMIA, Lagos state in 2015, has lamented how some gold diggers hung around her after the compensation.


Workers panic as states shun Contributory Pension Scheme




Civil servants across many states of the federation are concerned for their lives after retirement as many state governments have stopped contributing towards their pension, IFE ADEDAPO writes


Naira devaluation unlikely as MPC meets

Although experts have clamoured for the devaluation of the naira in the light of the nation’s depleting foreign exchange reserves, the Central Bank of Nigeria’s Monetary Policy Committee may not do so during its first bi-monthly meeting for this year, it has been learnt.


iROKO Closes on $19m Content & Capital Deals


African mobile entertainment and internet TV pioneer, iROKO, today announces multiple deals totaling $19m, both in content development and in capital funding. French media giant CANAL+, together with existing investor Kinnevik AB, are investing in addition to iROKO’s own cash flow to give the leading African tech & entertainment company the platform to scale its operations and expand aggressively across the continent.




Monday, 25 January 2016

Kerosene now sells for N83 per liter as FG ends subsidy

The Federal Government, weekend, hiked the price of Household Kerosene (HHK) also known as kerosene, to N83 per litre from N50 per litre, thereby, officially ending subsidy on the product. ‎