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Petrol queues may not disappear soon, says Kachikwu

The queues for Premium Motor Spirit, popularly known as petrol, in some parts of the country may not go away soon, the Minister of State for Petroleum Resources, Ibe Kachikwu, said on Thursday. He, however, stated that a lot of work was being done by the Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation to address the situation, ...

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How I became billionaire without university degree – Alakija

Nigeria’s richest woman, Folorunso Alakija, has revealed how she became a billionaire without a university degree. In an autobiography she posted on her Instagram handle, Mrs. Alakija who revealed that she was the 8th child out of a family of 52 children, said she had faced challenges and setbacks in life but became great as a result of her love ...

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BREAKING: 2 Yobe schoolgirls killed in rescue operation, 46 still missing

The corpses of two missing Dapchi schoolgirls who were abducted by the Boko Haram terrorists on Monday, in Yobe state, have been recovered by the Nigerian military. 46 of the girls were still missing. Their bodies were recovered during rescue operation, according to Reuters. Recall that Boko Haram terrorists had on Monday, attacked the Government Girls Science Technical College (GGSTC), ...

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Senate reveals Nigerian govt paid ransom for release of Chibok girls

The Senate has hinted that the Nigerian government paid ransom to secure the release of some of the Chibok girls kidnapped in April 2014 by Boko Haram terrorists. This was revealed on Thursday, while the lawmakers were deliberating on a motion seeking the intervention of the federal government on the rescue of the 46 girls, who were reported missing from ...

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Buhari tell APC govs : ‘I still don’t know if am contesting 2019’

President Muhammadu Buhari on Thursday night failed to give a definitive answer to governors of the All Progressive Congress (APC) States, who had requested him to declare his intention for 2019 presidential election. Buhari told the governors to give him time to decide on the matter. The governors met him at the First Lady’s Wing of the presidential villa, Abuja ...

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“I have not forgiven OBJ and I won’t forget what IBB did to me” – Buhari

Let’s peer into the mind of PMB, President Muhammadu Buhari, who hardly lets his emotions get the better of him, He bares it all like never before in this interview. The former President, who was trying to get back into Aso Rock at that time,talks about IBB, Olusegun Obasanjo, the 1966 coup, his late daughter and 2015. In an interview ...

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Tinubu reports Oyegun to Buhari for sabotaging his assignment

Bola Tinubu, a national leader of the All Progressives Congress (APC), has written the national chairman of the party, John Odigie-Oyegun, accusing him of sabotaging his Presidential assignment of reconciling aggrieved members. Tinubu said Oyegun contravened the discussion they both had at the party’s national secretariat, following the presidential directive for the reconciliation of aggrieved members. The letter dated February ...

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N650b debt: Oil marketers threaten to shut fuel depots

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has threatened to shut all its depots in less than 14 day time and throw its workforce nof over 10,000 into the labour market. The oil marketers gave this fresh threat in a letter dispatched to the Minister of State, Petroleum Resources, Dr Ibe Kachikwu. The letter which was endorsed ...

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3 pupils bled via mouths & ears, die after eating biscuits

There was panic yesterday in Kubwa, a suburb of the Federal Capital Territory, following the death of four pupils at Local Education Authority II Primary School. They died after allegedly eating biscuits shared by an unidentified classmate on Tuesday. Two of the deceased, said to be from the same family, were buried yesterday. The victims are Na’imat Yahaya (14 – ...

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Naira records marginal gain, closes at 362/dollar

naira-Dollar

The naira closed at 362 per United States dollar at the parallel market on Wednesday, two days after the Central Bank of Nigeria injected $210m into the foreign exchange market. The local unit had closed at 363/dollar on Tuesday. The naira has been trading between 360 and 363 in recent weeks as the CBN continues to intervene in the market ...

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