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See The Latest Exchange Rate Of Naira Against The Dollar

On Monday, the Naira regained strength against the dollar at the parallel market.

The Naira gained one point to exchange at N365 to the dollar at the parallel market, stronger than N366 posted on Friday.

Finally, Uber Founder Travis Kalanick Resigns As C.E.O.

Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on at the company.

Access Bank, Others Take Over Etisalat Nigeria

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15.

7 Ways To Fund Your Startup Idea As A Nigerian

A fantastic business remains an idea if pragmatic steps are not taken to bring it to fruition. Find these 7 Ways To Fund Your Startup Idea written by Adeniyi Ogunfowoke.

You Won't Believe What Banky W Discovered After Drinking Lucozade Drink Up To Half (Photo)

Halfway into drinking a bottle of Lucozade, singer Banky W discovers that it was an expired drink.

Nigerian regulator raises concern on Lucozade, Mirinda, clears Fanta, Sprite

From Premium Times;

The Consumer Protection Council, CPC, has called for further investigation of soft drinks sold in Nigeria, following the discovery that the benzoic acid in Mirinda (a product of Seven Up Bottling Company) and Lucozade (a product of Suntory) is higher than the Nigerian regulatory standard of 250mg/kg.

Billionaire Dangote's 60th Birthday Celebration (Photos)

We bring you pics from the 60th birthday party of billionaire businessman and Africa's richest man Aliko Dangote. He also got lovely birthday cakes from his staff. More photos...

Meet Nigerian Billionaire, Adebayo Ogunlesi, Whose Firm Bought 3 Foreign Airports

His profile reads:
Adebayo "Bayo" O. Ogunlesi, JD (born December 20, 1953) is a Nigerian-born lawyer and investment banker. Ogunlesi is currently Chairman and Managing Partner at the private equity firm, Global Infrastructure Partners (GIP). Ogunlesi was the former head of Global Investment Banking at Credit Suisse First Boston before being promoted to Chief Client Officer and Executive Vice Chairman.

Clash In Kaduna Market As Traders Name Dogs ‘Muhammad

There was a bloody fight between Igbo traders and the Hausa traders at Panteka market, a major spare-parts market in Kaduna state following the naming of two dogs, ‘Muhammad’ and ‘Ibere’ by both an Igbo trader and a Hausa trader respectively. 

Nigerian, Foreign Banks Take Over Etisalat ‎Nigeria

A consortium of some foreign and Nigerian banks on Wednesday took over Etisalat Nigeria after the telecommunications company failed to pay a loan totalling $1.72bn (about N541.8bn) it obtained in 2015.

The Nigerian banks are Guaranty Trust Bank, Access Bank and Zenith Bank. A former executive director at GTB, who was privy to details concerning the loan facility, told The Punch that the action became necessary since the Nigerian Communications Commission could not broker a peaceful resolution between Etisalat Nigeria and the banks.

Man Raises Alarm Over Fish That Costs N42,000

A Nigerian man has taken to his IG page to raise alarm over fish that costs N42000 while it’s believed it was probably an error and it was supposed to be maybe N4200..
He has adviced Nigerians to go into fishing

REVELATION: 3 Tankers Bombed In Maiduguri Blast Carried Diverted Petrol

The Borno Command of Nigeria Security and Civil Defence Corps (NSCDC), today revealed that the three tankers destroyed by three female suicide bombers in Maiduguri on Friday, carried petrol meant for Nigeria National Petroleum Corporation (NNPC) mega stations. But the petrol was diverted and kept in a private home.

Acting President Osinbajo directs Oil Companies to relocate Headquarters to Niger-Delta

Nigeria's action Acting President, Prof. Yemi Osinbajo (SAN), has directed the International Oil Companies operating in the Niger-Delta region to relocate their headquarters to their States of operation to mitigate tension in host communities. 

Malabu Scam: EFCC Charges Shell, Agip, Ex-AGF Adoke For Fraud

The Economic and Financial Crimes Commission has charged oil giants, Shell Nigeria Exploration Production Company Limited, Nigerian Agip Exploration Limited, ENI SPA and three Italians with fraud in the handling of the OPL 245.

The commission accused the firms of corruptly handing over $801,000,000 to a former Attorney General of the Federation, Mohammed Adoke (SAN), and a former Minister of Petroleum Resources, Mr. Dan Etete.

Wonders Will Never End, Jaguar Abandoned for 20yrs to be sold for N24m

This Jaguar E-Type has been abandoned in a storage facility for over 20 years such that its condition is far from worse. In fact, the word dilapidated still doesn’t describe the Jaguar’s current condition. Yet it’s been put up for auction like that.

Pence Used An AOL Email For Official Business

It’s one thing to have an AOL account and use it to send birthday cards to grandkids."

Vice President Mike Pence used his personal AOL account to email top advisers for official business while serving as the governor of Indiana, according to a report by the Indianapolis Star newspaper on Thursday.

See How Much Nigerians Lose To MMM - NDIC

The Nigerian Deposit Insurance Corporation (NDIC) has said that at least, three million Nigerians have lost.......

Nigeria’s Importation Of Petroleum Products, A Fraud – Kachikwu

The minister of state for petroleum resources, Dr. Ibe Kachikwu, has described the nation’s importation of petroleum products as a fraud and must be put to an end if the nation was to make progress in the oil and gas sector.

Niara Continues Recovering – See Current Exchange Rate

The naira continued to regain strength and appreciate in value at the parallel market on Tuesday as it was sold between N415 and N450 to a dollar.