The reduction in Federal
Government’s revenue caused by the sharp drop in global oil price is currently
threatening the full implementation of President Muhammadu Buhari’s planned
social protection programme.
Saturday, September 03, 2016
Friday, September 02, 2016
Schweinsteiger Named In Man Utd Squad
Serena Williams Proud To Equal Martina Navratilova's Record For Singles Wins
How US, Argentina, Others Got Out Of Recession
By Everest Amaefule, Abuja
The graph of life is
never straight and steep as many human beings would prefer it to be. There are the straight
parts, the curves and then the twists. Economies also behave in similar
fashion. We call the growth period economic prosperity. When it contracts, we
say there is recession.
Nigeria’s Unemployment Scourge — The Guardian Editorial
Thursday, September 01, 2016
2-IN-1 STORY: Drama As Workers Occupy Aero Contractors’ Office; Why Aero Suspended Scheduled Operations — NCAA
Nigerian, Dr. Sunmolu Beckley, Honoured In Canada With Hospital, Street Naming
As a specialist, Dr.
Sunmolu Beckley had many options available to him when he decided to move to
Grand Bank from the United States in 1988.
A
new street in Grand Bank – Beckley Place – has also been named for Dr. Sunmolu
Beckley. Council members unveiled the sign during a special celebration. Photo:
Paul Herridge
|
Gabon Cup Of Nations To Go Ahead Despite Riots — CAF
The African Cup of
Nations continental football finals will go ahead as scheduled in Gabon despite
the wave of riots following President Ali Bongo's re-election, African football
authorities confirmed on Thursday.
Top Liberia Politician Steps Down Over Corruption Scandal
Liberia's
parliamentary speaker Alex Tyler (C) leave the Justice Court on May 25, 2016 in
Monrovia ©Zoom Dosso (AFP)
|
Liberia's parliamentary
speaker stepped down on Thursday as police investigate allegations that he took
a bribe worth US$75,000 to facilitate the passage of legislation favourable to
a British mining firm.
Jackie Chan To Receive Honorary Oscar
Jackie Chan
has appeared in more than 150 movies since becoming a child actor in his native
Hong Kong in the 1960s ©Johannes Eisele (AFP)
|
Action movie star Jackie
Chan is due to receive an honorary Oscar, the Academy said Thursday, to
recognize a glittering career that has seen him become a cultural icon.
Didier Drogba Foundation: Charity Commission Probe 'Coming To A Close'
Joseph Yobo Denies Kano Pillars Signing Reports
Last
week reports circulated that Joseph Yobo had signed a deal with Kano Pillars to
play for them till the end of the season in his role as NPFL ambassador.
Aviation Unions Besiege Aero Contractors Over Indefinite Leave Handed 1,400 Workers
EPL: Transfer Deadline Day: Premier League Spending Reaches £1.165bn (SEE FULL GRAPHICS OF SPENDING ACROSS EU)
CBN Readmits Suspended Banks To Forex Market
FOR THE RECORD: Nigerian Govt Renames Solid Minerals Ministry, Approves New Mining Roadmap
NLC Vows To Resist Further Fuel Price Hike
NLC
warning petroleum marketers not to contemplate any further increase in the pump
price of the products, especially that of Premium Motor Spirit
|
Nigeria Labour Congress
(NLC) has said it will resist any further increase in the pump price of fuel by
the Federal Government, saying the nation is yet to recover from the impact of
the recent increase of petroleum products implemented last year.
Five Big Arrivals In Chinese Football
Wednesday, August 31, 2016
Brazil President Dilma Rousseff Impeached By Senate
Côte d'Ivoire's Bony Joins Stoke City, Thanks Man City Fans; Bruno Martins Indi Joins As Philipp Wollscheid Exits
Burundian Aubergine Smugglers 'Shot Dead In Rwanda'
26.06m Persons Are Unemployed Or Underemployed In Nigeria — Dr Kale
According to a new report
by the National Bureau of Statistics shared by the Statistician General of the
Federation, Yemi Kale on twitter, 26.06 million Nigerians, mostly youths, are
currently unemployed or underemployed.
Floods Ravage States, Kill 28
Nigeria's Main Car Plant Idled As Dollar Crisis Bites
Tension As Gabon Opposition Candidate 'Disputes Unofficial Results'
Jean Ping
is the former head of the African Union commission.
|
Ali Bongo
is standing for a second term. Photo: Reuters
|
As voters in Gabon
await presidential election results the main opposition challenger has
demanded a recount, following unofficial reports of a victory for
incumbent President Ali Bongo, Reuters news agency reports.
I Would Not Take Malaria Drug Lariam, Says UK Ex-Army Head
Facebook Founder's Nigeria Visit Puts Tech Scene 'On The Map'
Benin Follows Trend Of Scrapping Visas For Africans
US Open 2016: Serena Williams Eases Past Ekaterina Makarova In New York
Rivers: Tributes Pour In As CSOs Organize Procession For Slain Lawyer, Ken Atsuwete (SEE IYC STATEMENT)
Nigerian In Recession With ‘Record’ Low Foreign Investment
Nigeria,
Africa's top economy, has been battered by low oil prices hammering government
revenues ©Pius Utomi Ekpei (AFP)
|
According to official figures, the US$647.1 million worth of capital imported into Nigeria in the second quarter represented a "fall of 75.73%" compared to 2015. |
Nigeria’s economy
nosedived into a recession official data revealed Wednesday with oil production
hammered by militant attacks on pipelines and foreign investment at a “record”
low.
₦2.2tr Oil Loans Upset Banks
Nigeria, UK Sign MoU On Return Of Stolen Assets
Tuesday, August 30, 2016
Open Letter To President Buhari By Cardinal Anthony Okogie (FULL TEXT)
Cardinal Anthony Okogie |
Nigerians
hunger, not only for food, but also for good leadership, for peace, security,
and justice.
BY CARDINAL ANTHONY OKOGIE
Dear Mr. President : Last year, when
you assumed office, the chant of “Change,” your campaign slogan, ushered you
into the Presidential Villa. Today, cries of “hunger” could be heard across the
length and breadth of our vast country.
Nigerians
hunger, not only for food, but also for good leadership, for peace, security,
and justice. This letter is to appeal to you to do something fast, and,
if you are already doing something, to redouble your effort.
Flood Claims 16 In Bauchi, Niger Sates
Sixteen people have been
killed by bouts of flood following heavy downpour in some communities
Bauchi, Niger States.
Puerto Rico’s Olympic Gold Medalist Monica Puig Out In US Open 1st Round
Monica
Puig, of Puerto Rico, serves to Zheng Saisai, of China,during the first round
of the U.S. Open tennis tournament, Monday, Aug. 29, 2016, in New York. (AP
Photo/Julio Cortez)
|
Sure, Monica Puig would
have loved another week between the Olympics and the U.S. Open to "come down
from the high" of becoming Puerto Rico's first gold medalist.
UPDATE: Armed Herdsmen To Face Terrorism Charge — Fayose
No Plan To Probe Emir Of Kano, Soludo — Presidency
L-R:
Former CBN governors, Emir of Kano, Muhammadu Sanusi II and Prof. Charles
Soludo Image source: Daily Trust
|
The Presidency yesterday refuted
social media reports that the tenures of Emir of Kano, Dr Muhammadu Sanusi and
Prof. Charles Soludo, as Central Bank Governors, would soon be probed by the
Federal Government.
Nigerians Are Hungry, Okogie Tells Buhari
The Emeritus Archbishop
of Lagos, Cardinal Anthony Okogie, has said President Muhammadu Buhari must do
something fast to address hunger across the country.
Monday, August 29, 2016
Kerry’s Visit: Christian Groups Tackle CAN President
President Muhammadu Buhari and US Secretary of State John Kerry with their respective teams in group photo |
Two Christians groups,
the Concerned Christians and Northern Nigerian Christians, yesterday berated
the President of the Christian Association of Nigeria (CAN), Rev. Ayo
Supo Ayokunle over his comment on the recent of the US Secretary of State, John
Kerry.
Dangote, Visits Maiduguri, Meets Ex-Wives Of Boko Haram Fighters
Billionaire businessman Aliko Dangote
spent Sunday in Maiduguri, the Borno State capital, visiting several Internally
Displaced Persons’ camp in the city.
Oil Falls Towards US$49 On High Output, Strong Dollar As Saudi Arabia Continues To Burn Through Foreign Reserves
Oil fell towards US$49 a
barrel on Monday, pressured by high output from Middle East OPEC members and as
a stronger U.S. dollar weighed on commodities.
Register For SIS, Ngige Urges Unemployed Nigerians
‘World Class’ Nickel Discovered In Nigeria, Govt. To Sign Exploration Deal With Australian Firm
Minister of Solid Minerals, Dr. Kayode Fayemi |
A private mining
syndicate has made a potentially “world class and highly unusual” Nickel
discovery in Nigeria, The Australian (note story behind paywall, subscription access required), an Australian national newspaper is reporting.
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