President Goodluck Jonathan has appointed managing director of Zenith Bank,Mr Godwin Emefiele as the new governor of Central Bank. Information reaching us say the president has forwarded Mr Emefiele’s name to the Senate for approval. He has also nominated Mr Adelabu Adebayo, an Executive Director at First Bank as Deputy Governor...

Officials of the State Security Service, SSS, have seized the travelling documents of suspended Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, shortly after he arrived Lagos from Niger, where he had gone to attend a meeting of governors of central banks in the...

Senator Olubunmi Adetunmbi, representing Ekiti North senatorial district, Tuesday disagreed with a human rights lawyer, Mr. Femi Falana (SAN), that the National Assembly lacks the power to undertake forensic audit of   accounts of  the Nigerian National Petroleum Corporation (NNPC). Adetunmbi, in a statement in which...

The Transmission Company of Nigeria (TCN) on Tuesday in Abuja said the company required 1.5 billion dollars annually to meet the 20, 000 mega watts transmission target by 2020. The Managing Director of TCN, Mr Mack Kast, disclosed this at press briefing on the activities of the company. Kast said...

The United Nations once again has expressed worry about continued economic growth in Nigeria and other African countries without its reflection on the standard and way of life of ordinary citizens as the escalating levels of poverty has become alarming. In the recently released...

A man who shared a wanted picture of himself on Facebook was captured by police just 45 minutes later. Anthony James Lescowitch Jr. had been evading arrest in Pennsylvania since November last year, but it didn’t take police long to find him after he posted...