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Tuesday 28th January 2020,
Hope for Nigeria
goodluck jonathan happy birthday

Happy Birthday President Goodluck Jonathan

Today November 20th is President Goodluck Ebele Jonathan’s birthday.He was born on the 20th of November 1957. Goodluck Jonathan who holds a Ph.D in Hydrobiology and Fisheries Biology, and Zoology respectively from the University of Port Harcourt is married to [...]

November 20, 2013 General
Multiple Explosion And Gun Battle Rock Kano

Multiple Explosion And Gun Battle Rock Kano

Reports have it that Multiple explosions and sporadic gunshots has left Gayawa village, Ungogo Local Government area of Kano state in a state of chaos on Tuesday morning. According to an eyewitness report, “The early morning military raid lasted for [...]

November 19, 2013 Incidents

MSMEs Solution to unemployment – CBN boss

By Kingsley Adegboye Deputy Governor, Operations, Central Bank of Nigeria (CBN), Mr. Tunde Lemo has said Micro, Small and Medium Scale Enterprises (MSMEs) is the solution to the upward trend of unemployment in the country, saying MSMEs provides a platform [...]

November 19, 2013 Business
‘Retail market attracted N205.4bn investment in two years’

‘Retail market attracted N205.4bn investment in two years’

Nigeria has attracted investment of about N205.4bn ($1.3bn) into the retail sector in the last two years, the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has said. Aganga spoke during the inauguration of the Retail Council of Nigeria, [...]

November 19, 2013 Business
Nigeria Plan Sale of Four State-Owned Oil Refineries

Nigeria Plan Sale of Four State-Owned Oil Refineries Next Year

By Elisha Bala-Gbogbo Nigeria, Africa’s largest oil producer, plans to begin privatizing its four state-owned oil refineries before the end of the first quarter, Petroleum Minister Diezani Alison-Madueke said. “We would like to see major infrastructural entities such as refineries moving out [...]

November 19, 2013 Oil & Gas
Chaos In Ikota, Lagos, As Trailer Crushes Children

Trailer Crushes Children – Ikota

It is not known for sure how many children have suffered, different resources provide different information: some claim 3 children lives, some – 4, and some even 5. The tragedy occurred close to Ikota Primary School. The deceased pupils are [...]

November 18, 2013 Incidents


For Part I Click Here BETTING ON NIGERIA   The Giant Heart of Africa For long.West Africa has been a destination of choice for mining executives the world over, with countries like Burkina Faso,Ghana,Ivory Coast and Niger being actively explored [...]

November 18, 2013 Key sectors


The Nigerian Opportunity: Going for Gold, But the future holds a lot more. Nigeria today is in a wave of market reforms in many segments of its Economy including the privatization of government-owned companies and mining assets. After years of [...]

November 18, 2013 Key sectors
Nigerian Economy Expands 6.81% in Third Quarter on Oil

Nigerian Economy Expands 6.81% in Third Quarter on Oil

Nigeria’s economic growth quickened in the third quarter as the oil industry’s contraction eased and agricultural output increased. Gross domestic product rose 6.81 percent on an annual basis, the fastest pace this year, compared with 6.18 percent in the second quarter, [...]

November 18, 2013 Oil & Gas
Russia plane crash leaves 50 dead

Russia plane crash leaves 50 dead

A Boeing 737 jetliner crashed and burst into flames Sunday night while trying to land at the airport in the Russian city of Kazan, killing all 50 people aboard in the latest of a string of deadly crashes across the [...]

November 18, 2013 General
Conoys in Nigeria

This madness in the name of convoys

The convoy was intimidating, People scampered for safety, other road users veered off the road in what looked like a scene in Hollywood movies, if you thought it was a war scene, you were wrong.  Because making use of that [...]

November 17, 2013 Incidents
Ethiopia coach congratulates Nigeria for World Cup spot

Ethiopia coach congratulates Nigeria for World Cup spot

Ethiopia coach Sewnet Bishaw congratulated Nigeria national football team for reaching the 2014 World Cup in Brazil, believing the Super Eagles showed class and experience to overcome his team.   Nigeria booked their place in the 2014 World Cup finals [...]

November 17, 2013 Sports

Anambra Elections: Accreditation of voters in progress

By Tony Edike UKPO DUNUKOFIA –  Accreditation of voters for the Anambra governorship election commenced at most polling centres in Awka South, Njikoka and Dunukofia local government areas a early as 8.10 am. Many anxious  voters  were  seen on queue [...]

November 16, 2013 General

INEC releases names, contacts of officials for Anambra Poll

The Independent Electoral Commission,INEC,  has released the names and contacts of its officials namely, the Resident Electoral Commissioner, Electoral officers, EOs for today’s Anambra governorship election. Resident Electoral Commissioner (REC), Prof. (Pastor) C. E. Onukaogu 08034001141; Administrative Secretary, INEC, Mr. [...]

November 16, 2013 General
Saheed Adepoju Inye

Nigeria’s Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye

  Nigeria’s Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye, a tablet computer designed for the African market. According to the 29-year-old entrepreneur, his machine’s key selling point is its price – [...]

November 15, 2013 Technology
SEC Promises Effective Regulation of Private Equity Firms

SEC Promises Effective Regulation of Private Equity Firms

Eromosele Abiodun As part of efforts to perform its investor protection mandate, the Securities and Exchange Commission (SEC) Thursday promised to effectively regulate the private equity/hedge funds space in line with global best practices. Speaking at a seminar on private [...]

November 15, 2013 Finance

UN, NESG Harp on Agriculture Development

The United Nations (UN) and the Nigerian Economic Summit Group (NESG) have stressed the need for government as well as the private sector to take decisive measures towards developing the agricultural sector.   As a follow up on the recently [...]

November 15, 2013 Agriculture
ASUU leaders chase Kogi gov away from hospital

ASUU leaders chase Kogi gov away from hospital

Angry leaders of the Academic Staff Union of Universities allegedly chased away the Governor of Kogi State, Captain Idris Wada (retd.) from the emergency ward of the  Lokoja General Hospital on Tuesday. Wada had gone to the hospital  to visit [...]

November 14, 2013 Incidents
Bayelsa State Governor

Bayelsa plans partnership to create 30,000 jobs

Bayelsa State Government in partnership with the Organized Private Sector, is planning to create about 30,000 jobs in oil and gas and other sectors of the economy. To realise this, the government has initiated a bilateral agreement with a United [...]

November 14, 2013 Government and politics

World Bank to spend $1.4bn on power transmission

BY EVEREST AMAEFULE   The World Bank will, in the next three years, spend about $1.4bn on the nation’s power industry, especially on transmission infrastructure. The World Bank Country Director for Nigeria, Marie-Francoise Marie-Nelly, stated this in an interview with [...]

November 14, 2013 Power
Lamido Sanusi

Revive market for commercial papers market – Sanusi charges FMDQ

GOVERNOR, Central Bank of Nigeria (CBN), Mallam Lamido Sanusi has called on the board of the Financial Market Dealers Quote to revive the market for commercial papers in Nigeria. Commercial papers are unsecured promissory notes  with a fixed maturity of  [...]

November 14, 2013 Finance, Real Estate
NEPAD Advocates Increased Development in Cassava

NEPAD Advocates Increased Development in Cassava Value Chain

By Biyi Adedapo The New Partnership for African Development (NEPAD) has advocated increased development of the cassava production in Nigeria, in order to enhance the cassava value chain. Chairman NEPAD Business Group Nigeria (NBGN), Mr. Chris Ezeh, made the call [...]

November 14, 2013 Agriculture
Kogi Gov's Convoy Kills Ex-ASUU President, Iyayi

Kogi Gov’s Convoy Kills Ex-ASUU President, Iyayi

The four month-long strike of the Academic Staff Union of Universities, ASUU, yesterday took the life of a former president of the union, Professor Festus Iyayi of the University of Benin. Iyayi, who died in a car accident on his [...]

November 13, 2013 General
Emergency Rule - Jonathan Presents Security Report to House

Emergency Rule – Jonathan Presents Security Report to House

BY NDUKA NWOSU AND MUHAMMAD BELLO President Goodluck Jonathan Tuesday sent a report on the security situation in Adamawa, Borno and Yobe States to the House of Representatives to back up his request for the extension, by another six months, [...]

November 13, 2013 Law

Baraje Resigns As Chairman Nigerian Railway Corporation

One of the suspended members of the ruling Peoples Democratic Party (PDP), Mr Abubakar Kawu Baraje, has resigned as the Chairman, Nigeria Railway Corporation Governing Board.   In a letter to the Nigerian government, Mr Baraje, who is the leader [...]

November 13, 2013 Transportation
Broadband Nigeria

Sanusi Hails CFA Society’s Contributions to Financial System

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has hailed the CFA Society of Nigeria for its role of producing professionals who have contributed to the smooth functioning of the Nigerian financial system.   Sanusi [...]

November 13, 2013 Finance
Broadband Nigeria

FG plans GIS mapping to guide investors on broadband opportunities

The Federal Government is embarking on a GIS (Geographic Information System) mapping of all existing fibre networks in the six geo-political zones of the federation. This is one of the series of interventions fully backed by the presidency specifically aimed [...]

November 13, 2013 Technology
Nigeria food imports reducing

Nigeria food imports reducing ­—FG

The quantity of food imported into Nigeria has continued to drop on a yearly basis, the Federal Government has said. It said efforts by indigenous farmers were yielding meaningful results as most foods consumed in the country were produced locally. [...]

November 13, 2013 Agriculture
Mr. Jonah Ogunniyi Otunla

AGF advocates new accounting policies

By Olasunkanmi Akoni Accountant-General of the Federation, AGF, Jonah Ogunniyi, has stressed the need for accountants-general across the states to ensure the success of the implementation process of International Public Sector Accounting Standards, IPSAS, by 2014. The process aims at [...]

November 13, 2013 Finance

Nigeria’s debt rises to N8.32tn

The nation’s total debt now stands at N8.32tn ($53.42bn), the Debt Management Office has said. The latest statistics released by the DMO on its website on Monday showed that as of September 30, 2013, the total debt comprised the external [...]

November 13, 2013 Finance