CBN's intervention forces BDCs to sell N415/$1

Staff, (Guardian) - The naira will trade at N415 to a dollar as the series of intervention by the Central Bank of Nigeria (CBN) are sustained, Alhaji Aminu Gwadabe has said.


Doctor commits suicide, leaves church to jump from Third Mainland Bridge into Lagos lagoon

Staff, (Nigerian-Tribune) - There was confusion on Sunday afternoon as a man jumped off the Third Mainland Bridge, Lagos into the lagoon. Nigerian Tribune gathered that the deceased had collected the vehicle from the driver and was driving the vehicle towards the mainland, when he stopped and decided to end his life.

Nigerian-born, Dr Woyin Karowei Dorgu, consecrated Bishop in UK

Staff, (NAN) - It was all praying and celebration when Nigerian-born Dr Woyin Karowei Dorgu, appointed early in the year by the Queen of England, was consecrated as the new Bishop of Woolwich.

Robert Gordon University (RGU), Scotland, offers 1.5m for scholarships to Nigerian students

Staff, (NAN) - Robert Gordon University (RGU), Scotland, says it is offering 1.5 million scholarships to Nigerian students to study in Aberdeen in the North East of Scotland.

UK court jails 'Nigerian prince' seven years for grooming underage girls for sex

Staff, (Punch) - Reports said 27-year-old Taheeb Udusole pretended to be the rich son of an African king while grooming his two victims aged 14 and 15 years.

Thousands of Nigerians seek asylum in Europe

Staff, (Guardian) - Report of rise in asylum requests is further aggravated by concerns that Nigerians in diaspora and their counterparts on temporary residency abroad are facing intense pressure and deportation from foreign countries.

Naira appreciates to N454 against the US dollar

Babajide Komolafe, (Vanguard) - The naira yesterday appreciated against the dollar by N6 in the parallel market due to expectation of further intervention in the foreign exchange market by the Central bank of Nigeria (CBN).