The board of the Etisalat Nigeria has been dissolved over the load issue rocking the telecommunication company. Boye Olusanya, former deputy managing director of Celtel Nigeria (now Airtel Nigeria), will be the chief executive officer of the embattled telecommunication company, Etisalat Nigeria during the transition period, Vigil360 has learnt.

The global telecommunication company, MTN, on Friday in Abuja said it would list its shares on the Nigerian Stock Exchange later this year. MTN General Manager, Mr Nikiwe Tsaagane, made the disclosure when he paid a courtesy visit to the Minister of Science and Technology, Dr Ogbonnaya Onu, according to NAN reports.

Emmanuel Ugochukwu, a stowaway on Med-view Lagos -London Flight has been arrested and returned to Lagos after surviving the incident. Dailytrust reports that Ugochukwu managed to place himself between the front wheels of the aircraft from Lagos to London on Saturday and survived the six-hour flight at an altitude of 32, 000 feet above sea level.

Nigeria’s manufacturing sector has witnessed expansion for the third consecutive month, according to data released by the Central Bank of Nigeria. The News Purchasing Manager’s Index which measures the size of the nation’s manufacturing sector rose to 52.9 index points at the end of June.

The Nigerian Custom Service has launched its e-auction portal as parts of reforms to bring the agency in compliance with international standard.

A 45-year-old man, Olakunle Owoyale, who has been fleecing innocent job seekers of unearned money to the tune of N1.4 million will be out of circulation for at least five years, courtesy of an Abeokuta Magistrates’ Court. Owoyale will serve five years in prison after he was convicted of N1.4 million.

The Nigerian National Petroleum Corporation (NNPC) says it has further crashed the price of Automotive Gas Oil (AGO) popularly known as Diesel from N175 to N155 per litre across most filling stations in the country.

The Nigerian Copyright Commission says it has arrested a Chinese national suspected to be a piracy kingpin and leader of a syndicate that specialised in trans-border piracy of books.

Nigeria’s foreign exchange reserve slightly fell to $30.25 billion by June 28, down 0.36 percent. Data from the central bank on Friday showed a 14.8 percent rise from a year ago, when they stood at $26.34 billion. Nigeria’s dollar reserves have risen slightly this year thanks to the rise in global oil prices.

The Team Leader of USAID Bee Keeping Pollination Project, Mr David Musa, has stated that Nigeria has the potential to generate over 10 billion dollars from local and international trade in honey and other hive products.