Latest ranking of the world’s richest people by Forbes has shown that oil tycoon and Nigerian Business mogul, Femi Otedola‘s net worth has plunged from $1.8 Billion to $550 Million as recession beat down a massive drop in the stock price of Forte Oil, the Nigerian Stock Exchange-listed petroleum marketing company. As …

The National Bureau of Statistics has said  energy and energy-related prices continue to be the largest increases reflected in the core sub-index. It stated that in September, the core sub-index increased by 17.7 per cent during the month, up by 0.5 per cent points from rates recorded in August (17.2 …

The Abuja Division of the Federal High Court, on Friday, ordered the Independent National Electoral Commission, INEC, to recognise Mr. Jimoh Ibrahim, as the flag-bearer of the Peoples Democratic Party, PDP, for the November 26 governorship election Ondo State. The court, in a ruling delivered by ‎Justice Okon Abang, made …

  The Central Bank of Nigeria has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country to enable them to access foreign exchange. The Deputy Director, Press and Public Affairs, Ministry of Transportation, Mr. James Odaudu, announced the plan in a statement in Abuja on …

President Muhammadu Buhari has said that he does not know which party his wife, Aisha belongs to. Buhari made the statement while on a state visit to the German Chancellor Angela Merkel in Berlin, Germany. Buhari-Aisha When asked, the AP news agency said Buhari laughed it off and said: “I don’t …

The Senate President, Bukola Saraki, on Friday said he had been vindicated by the recent outburst of President Muhammadu Buhari’ wife, Aisha, about her husband’s leadership. Mr. Saraki said the fact that Mrs. Buhari could come out to openly express reservations about her husband’s appointees showed that his earlier argument …

By  O. Busayo Mfr ” You cannot say you are fighting your enemies by shooting yourself “- O.busayo mfr Let me say it here without mincing words. With my current age, and with the age of General Muhammadu Buhari when he ruled this country as a head of state, I can …

US internet giant Google on Tuesday challenged heavyweight rivals including Apple and Amazon with an array of new gadgets aimed at digital lifestyles. Coming products to watch for: – Smartphone ‘Made by Google’ – Pixel is the first smartphone designed by Google, with the Silicon Valley powerhouse dictating the hardware, …

The Senate President, Dr. Bukola Saraki, has failed to persuade the Code of Conduct Tribunal, CCT, sitting in Abuja to suspend further hearing on the 16-count charge the Federal Government preferred against him. Saraki equally lost his bid to disqualify Chairman of the tribunal, Justice Danladi Umar, from further presiding …

THE Senate said Wednesday that it would reject moves by Mobile Telephone Network, MTN to sack Nigerians working in the telecommunication industry without recourse to global rules and practices. Speaking to journalists, when confronted with media report that MTN Nigeria Limited recently sacked over five hundred staff, Chairman, Senate Committee …