Amid growing reports that world soccer’s governing body FIFA may withdraw the hosting rights for the 2009 Under-17 World Cup from Nigeria over alleged lack of preparedness, the country’s authorities ha ve assured that the country is ready to host … read more
The Managing Director/ Chief Executive Officer of Bank PHB, Frank Atuche, will be dismissed later today by the Central Bank of Nigeria, highly placed sources told NEXT last night. Mr. Atuche’s sacking is said to be a direct result of … read more
Cholera has killed 11 people in the past 10 days in northern Nigeria, taking the death toll from the latest outbreak to 88, officials said Wednesday. The latest toll was recorded in Jigawa, a previously untouched state, where at least … read more
The Economic and Financial Crimes Commission (EFCC) yesterday quizzed Chairman of Arik Air Sir J.I Arumemi Johnson and the Managing Director Michael McTighe over alleged N4.6 billion tax evasion. Daily Trust learnt they both flew in from Lagos to the … read more
Secretary to the Kaduna State Government Mr. Waje Yayok, who was freed by his captors yesterday after 10 days in captivity, was taken by them to the motor park in Warri early yesterday and was placed in a Delta Line … read more
Nigeria’s economy is showing signs of recovery, President Umaru Yar’Adua said on Thursday, thanks to a series of reforms that has stabilised the naira currency, lowered inflation and renewed investor confidence. “As the world begins to recover from the global … read more
Coleman Wires and Cables is a Lagos-based manufacturing firm, supplying cables to Nigeria’s fledgling national grid. With more than 500 skilled staff, it is exactly the kind of business that trade experts say Nigeria needs if it is to diversify … read more
Nigerian militants said on Tuesday they opposed a bid by a Chinese energy group to secure 6bn barrels of crude reserves, comparing the potential new investors to “locusts”. The Movement for the Emancipation of the Niger Delta told the Financial … read more
An Executive Committee meeting of the world’s football governing body FIFA began in the Brazilian city of Rio de Janeiro last night amidst fears that it would revoke Nigeria’s right to host the U-17 World Cup, scheduled to kick off … read more
A MAJOR crackdown by State Security Service on kidnappers appears imminent going by feelers in security circle and the Presidency in Abuja. The Presidency and the SSS are mapping out special operational plans to check the menace which has lately … read more