The management of the Eko Electricity Distribution Company (EKEDC) on Monday apologised to its numerous consumers over the prolonged power outage currently being experienced. A statement by Mr Godwin Idemudia, General Manager, Corporate Communications of the company, said that the outage is due to a system collapse from the National Grid, affecting the entire country, as confirmed by the National …

The Central Bank of Nigeria (CBN) will resume sales of dollar proceeds of international money transfer (IMT) to bureaux de change (BDCs) operators this week even as manufacturers kick against the move. Findings revealed that the CBN governor, Mr. Godwin Emefiele, disclosed this during a meeting with executives of the Association of Bureaux De Change Operators of Nigeria (ABCON). The …

A professor and four other persons were killed today when a male suicide bomber detonated a bomb at the Senior Staff Quarters of the University of Maiduguri, (UNIMAID), Borno State, the News Agency of Nigeria has reported. The killed don was identified as Prof. Aliyu Usman Mani, the Director of Veterinary of the University, according to Alhaji Satomi Ahmed, the …