News

The Central Bank of Nigeria has revoked Skye Bank’s operating licence. The Nigeria Deposit Insurance Corporation, NDIC created a bridge bank named Polaris Bank to assume assets and liabilities of Skye Bank. The bridge bank will inject…

Former Head of State, General Abdulsalami Abubakar, on Friday said he would forever be an enemy of anyone who tries to hinder the democratic development of Nigeria or plunge Nigeria into crisis. Abdualsaslami spoke at at the maiden edition…

Work on the Pen Cinema Flyover in Agege area of Lagos is now at 60 per cent completion stage, the State Government said on Friday. The government also said the 10-lane Oshodi-International Airport Road was now at over 50 per cent…

The first military governor of Kwara, Brig.-Gen. David Bamigboye (retd), is dead. The younger brother to the deceased, Col. Theophilus Bamigboye, confirmed the death on Friday on the telephone. He said the late military governor died…

The Peoples Democratic Party (PDP) on Thursday demanded the arrest and immediate prosecution of the Minister of Aviation (State), Senator Hadi Sirika for allegedly using a “non-existent national carrier to defraud the nation to the tune of…

President Muhammadu Buhari has approved the appointment of Minister of Transportation, Rotimi Amaechi, as secretary/director-general of the campaign organisation for his re-election. The President’s Senior Special Assistant on Media and…

The Presidential Task Force on Apapa Gridlock has said that it would start impounding deviant and idle articulated vehicles on Lagos bridges and roads next Monday. The Task Force Chairman, Commodore Okon Eyo, announced this at…