NNPC says current N145 per liter of petrol price could increses

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The Group General Manager, Crude Oil Marketing Department of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the sale of petrol at N145 per litre is not sustaining due to the current economic recession. Kyari stated this while speaking at the 10th Oil Trading and Logistics Africa […]

We expect better economic outlook for the second half of the year’ – Nigeria Presidency

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We expect better economic outlook for the second half of the year’ – Presidency The Presidency says it expects a better economic outlook for Nigeria during this second half of the year. Read a statement released from the presidency below… The just released GDP figures for the 2016 second quarter […]

CBN Bars Nine Banks from making all Forex Transactions for Not Returning $2.334bn NNPC Funds

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​Determined not to tolerate any further breach of extant financial regulations, the Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions. The Central Bank of Nigeria CBN on Tuesday barred 9 commercial banks from participating in Foreign Exchange transactions. The banks were suspended for failing to […]

Linda Ikeji goes big on online-media, steps up with a bigger office (Pictures)

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Yes yes, the blogging mogul Linda Ikeji surprised the whole media world when she dropped the bombshell of her new office, she released a statement and pictures of her offices, lounge etc. on her site about her new developments, see below… “Y’all know by now that I’m a show-off, so […]

Good news – Governor Akinwunmi Ambode approves N15.5million to University graduates in the RSW program

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Lagos State Governor, Mr. Akinwunmi Ambode has approved the sum of N15.5million as seed funding and grants for final year students enrolled in the Ready.Set.Work (RSW) program. Ready.Set.Work is an entrepreneurship and employability training program for final year students of tertiary institutions in Lagos State, aimed at preparing them for […]

This charming 8 year old boy started his own baking business so he could buy his mum a new home 

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​An 8-year-old boy named Jalen Bailey from Fresno California has opened his own bakery, hoping to make enough money from a menu which includes cookies, muffins, banana bread and other baked goods, and buy a new home for his single mum. “I wanted to save up a lot of  money […]

Interesting law to restrict foreigners from taking jobs Nigerians are qualified for has passed second reading 

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​Good job, this would help employees suffering from the stereotyping of our nationality, I know many people who would be glad if this law was passed. The majority leader of the House of Representatives, Femi Gbajabiamila is proposing a law that will restrict foreigners from securing employment in fields where a […]

Trending – Meet the Nigerian man who owns the second largest rice farm in the Nigeria

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This is cool right? ​Forbes writer Nsehe Mfonobong interviewed former journalist turned entrepreneur Rotimi Williams who owns the second largest rice farm in Nigeria. Read the feature below… Nigerians consume more than 5 million metric tons of rice every year, with a significant portion of its consumption needs sourced from […]

Nigerians to travel visa-free to 8 more countries

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The Minister of Foreign Affairs, Geoffrey Onyeama, says plans have been concluded to sign visa-free pacts with a bloc of eight African countries to promote economic partnership on the continent. Onyeama announced this in Abuja on Tuesday at a news conference to mark one-year of President Muhammadu Buhari’s Administration. The […]