admin

Other than water, oil is likely the single most important natural resource in the world. Its discovery, extraction and trade have been responsible for many wars, political instability and ecological tragedies.  Even so, it is responsible for the wealth of countless individuals, nations, and corporations and impacts the global economy as no other resource in […]

Following Boko Haram’s attack on  Damaturu, the Yobe State capital, on Monday, the Arewa Consultative Forum, has declared that Nigeria is obviously under siege. The forum leadership therefore, urged  President Goodluck Jonathan to take drastic measures in identifying and and setting up a dialogue with the real leaders of Boko Haram with the aim of […]

…Court dismisses suit  Legal steps taken by the surrogates of  Alhaji Bamanga Tukur, the former national chairman of the Peoples Democratic Party (PDP), to reclaim his post collapsed on Tuesday as the federal high court dismissed the suit. The suit instituted by Mr. Aliyu Gubrin had challenged Tukur’s resignation and the appointment of the incumbent, […]

Former Minister of State for Defence and aspirant for the Lagos governorship election on the platform of the Peoples Democratic Party (PDP), Musiliu Obanikoro, has promised to relegate all those posing as godfathers in Lagos to the lowest point of irrelevance if he eventually becomes the governor of the state. Obanikoro, who formally declared his […]

It was a tale of shock in most parts of Lagos State on Monday as 11 incumbent members of the Lagos State House of Assembly lost their seats at the primaries conducted by the All Progressives Party (APC). The situation also led to violence in Lagos Mainland Constituency 1 where the incumbent, Bashir Oloto, who […]

 Last Tuesday, Nigeria’s central bank devalued the country’s currency by 10 percent in an effort to shore up foreign reserves hard-hit by falling oil prices. The move comes months before a presidential election and highlights the country’s vulnerability to the price of oil, which makes up 70-80 percent of the Nigerian government’s revenue.

 With Brent […]

The Federal Government of Nigeria has made a move in expressing solidarity with victims of Boko Haram and other violent crimes disturbing economic, political and ethno-religious co-existence of the people of that country. The move also drives in the direction of absolving the government from any sponsoring connection with the insurgents. Speaking through his Vice, […]

Access Bank Plc has announced the sale of some London properties belonging to Erastus Akingbola a former managing director of the defunct Intercontinental Bank Plc. The move was in a bid to recover a debt of N164bn from him. The bank said a sum of £11m has so far been recovered from selling Akingbola’s properties […]

The All Progressives Congress (APC) has kick-started the screening of the five aspirants currently running for its platform’s presidential ticket in the 2015 general elections. Sam Nda-Isaiah, publisher of Leadership Newspapers was the first aspirant to appear before the nine-man committee headed by former Abia State Governor, Dr. Ogbonaya Onu on Tuesday. Ahaji Atiku Abubakar, Governors […]

Just a day after a Nigerian court ruled against the continued detention of staff of the All Progressives Congress (APC) and ordered that they be released, the party has again announced that its data centre located in Ikeja has been raided by men of the Directorate of Security Service (DSS). This time, the security officials, […]

The havoc-wreaking attack by Boko Haram terrorists, in which multiple suicide bomb blasts rocked the Kano Central mosque, during Friday prayers, killing over 100 people, is a callous, wicked, disdainful and dehumanizing act that has again demonstrated the primordial viciousness of the insurgents to march against civilization in a shameless and atrocious assault against Muslims […]

The U.S. is cutting short a training program for Nigerian soldiers following a request by the West African nation’s government less than a month after Washington said it refused to sell the country Cobra attack helicopters. “At the request of the Nigerian government, the United States will discontinue its training of a Nigerian Army battalion,” […]