Vice-President Yemi Osinbajo and some state governors on Sunday joined President Muhammadu Buhari to cut his birthday cakes. The President’s wife, Aisha, also joined them for the event that took place inside Buhari’s official residence at the Presidential Villa, Abuja. The President’s Personal Assistant on Social Media, Lauretta Onochie, posted a short video clip of […]

Thirty-seven federal universities in the country are using 1,068 generators as alternative power source, an energy audit of the tertiary institutions has revealed. According to the audit, the generators contribute to noise and air pollution in the universities, as the diesel and petrol engines emit pollutants in the surroundings where they function. A document obtained […]

The Federal Government says it will encourage a high level of transparency in the management of proceeds of the N10.69bn Green Bond. It said it was recommended that an issuer’s management of proceeds be supplemented by the use of an auditor, or other third party, to verify the internal tracking method and the allocation of […]

The war of words between the Dangote Group and BUA Group continued on Sunday with the former accusing the latter of illegally mining limestone deposited in its Mining Lease No. 2541, located in the boundary town of Oguda/Ubo in Okene, Kogi State. However, BUA denied the claim and accused Dangote of attempting to disregard the […]

The lingering petrol scarcity in many parts of the country grew worse on Sunday in Lagos, Abuja, Nasarawa, Kaduna and Niger states as many filling stations were shut. The closure of the filling stations followed threats by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria to embark on a nationwide strike […]

Oando Plc has said there is no basis for the institution of a forensic audit of the company by the Securities and Exchange Commission. The company said in a statement on Sunday that it had continued in its legal battle with SEC on the regulator’s alleged findings and sanctions following an investigation into the oil […]

The President, Association of Bureaux De Change Operators of Nigeria, Mr. Aminu Gwadabe, has said Naira’s marginal depreciation by 0.55 per cent to close at N365on Friday was part of foreign exchange market fluctuations. This came despite the frequent interventions by the Central Bank of Nigeria. Speaking to business correspondents during the weekend, Gwadabe said, […]