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  • Rivers in darkness as angry youths shut down Afam power station

    Some angry youths in the late hours of Friday shut down the Afam power station belonging to the Transmission Company of Nigeria plunging Rivers State into blackout.   Mrs Chioma Aninwe, the acting Manager, Corporate Communications, Port Harcourt Electricity Distribution Company confirmed the incident to the News Agency of Nigeria in Port Harcourt on Saturday. […]
  • Two Judges on Election Petition Tribunal  promoted to Supreme Court

    The Chairman of the Presidential Election Petition Tribunal (PEPT), which upheld President Muhammadu Buhari’s election last year, Justice Mohammed L. Garba, is among our Justices recommended to the President for appointment into the Supreme Court.   Another member of the Tribunal, Justice Abdu Aboki (North-West Zone), was also elevated to the Supreme Court.   Two […]
  • Nigeria’s unemployment rate rises to 27.1%, says NBS

    Nigeria’s unemployment rate jumped four percentage points over a 20-month period to 27.1 percent in the second quarter of this year, from 23.1 percent in the third quarter of 2018, the National Bureau of Statistics said Friday.   The national statistical agency failed to release the labour figure in 2019, despite calls from different groups, […]
  • DSS Again Warns of Plans to Subvert Nigeria, Links Mailafia to Moves

      The Department of State Services, Nigeria’s spy Police, on Friday, reiterated its warning against plans to subvert the country, the second in a little over two weeks.   It said the comments this week by Dr. Obadiah, a former deputy governor of the central bank that a serving governor is a commander of the […]
  • Nigeria says Second Recession in 4 years Looms

    The Nigerian government has warned that its economy faced the possibility of falling into a recession in the third quarter of this year, which will be it’s second in four years.   It said that only strong economic performance in the period will be able to avert this possibility, stressing that a return to a […]
  • UK recession will prompt investors to consider overseas options

    A growing number of UK and global investors are likely to move their assets overseas as Britain enters its worst recession in history, affirms the boss of one of the world’s largest independent financial advisory and Fintech organizations.   The observation from Nigel Green, founder, and chief executive of deVere Group, which has $12bn under […]
  • Editorial: Insecurity and Buhari’s endless meetings

    The ordinary Nigerian may not be a soldier or military strategist; but it is logical to question the innocuous merry-go-round by President Muhammadu Buhari, who has been holding endless and useless meetings with governors and the service chiefs amid the recent spike of attacks by bandits and Boko Haram insurgents that continues to claim the […]
  • EFCC Investigates Two Lebanese for $890,000 Fraud

    The Economic and Financial Crimes Commission (EFCC) says it has commenced an investigation of two Lebanese citizens:  Dina Jihad Khali and Chamseddine Waell Mohmmed, who attempted to smuggle $890,000 USD out of Nigeria.   They were arrested on Wednesday, August 12, by officers of the Customs Area Command, Port Harcourt, Rivers State for attempting to […]