News

Clark: Okah’s Trial Must Be Open

An Ijaw leader, Chief Edwin Clark has called on President Umaru Yar’Adua to reverse the government’s earlier decision and conduct the trial of Mr. Henry Okah openly. Okah is currently being tried secretly. Clark said the only way the Federal … read more

Bomb scare rocks Rivers carnival

A group of unknown gunmen stormed Borokiri in Port Harcourt and threw explosives to disrupt the ongoing carnival in Rivers State. Our correspondent gathered that the hoodlums drove into the area in two Fannagon buses and threw dynamites in different … read more

Forex market frozen as naira takes a hit

Nigeria’s interbank foreign exchange market remained frozen yesterday as dealers waited to see how the central bank would act to stabilise the local naira after it fell sharply against the dollar. Bank governor Chukwuma Soludo said on Wednesday the central … read more

Lagos to shut Eko Bridge

The Lagos State Government has said that the Eko Bridge will be shut from Friday for three days to allow for repair works on a section of the bridge. The rehabilitation will be done in collaboration with the Federal Ministry … read more

Naira loses N10 in one day

The challenges facing the economy in the coming year in the face of dwindling oil prices was underscored yesterday as the naira lost 962 kobo to the dollar at the Nigerian Inter-Bank Foreign Exchange Market (NIFEX), the highest single loss … read more

Navy In 11,378 Hectares Land War

THE Nigerian Navy is currently entangled in a potentially dangerous land dispute with a rustic local family in the Rivers State axis of the Niger Delta, Nigeria’s main oil and gas region that is home to rampaging insurgents galvanised by … read more