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Nigerians Groan as Africa’s Largest Economy Battles Recession

Posted: December 28, 2016 at 10:31 pm   /   Article, Finance

The Nigerian Government’s recent admission that Africa’s largest economy (going by the 2014 rebasing) is now in recession has turned out to be one rude shock many are finding difficult to accept. Only two years ago, Nigeria with a Gross Domestic Product of $578 billion a population estimated at 170 million, the largest market in sub-Saharan […]

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The Perilous Hardship Face By Residents In The Federal Capital City Of Nigeria

Posted: December 28, 2016 at 11:23 am   /   AFRICA, Article

The Federal Housing Estate in Lugbe, a suburb of Abuja, like other such estates in the country, is in bad shape due to sharp practices by officials of the Federal Housing Authority (FHA) and the Federal Capital Development Authority (FCDA) whose interests clash. The estate which was developed in line with the National Housing Scheme […]

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Whither Ajaokuta, Nigeria’s Steel Hub

Posted: December 26, 2016 at 3:27 am   /   AFRICA, Article

The need to revamp the nation’s steel sector is now more compelling than ever before as the global oil price continues to drop. Oil producing nations, especially those whose economies depend so much on oil export as major income earner like Nigeria are now critically looking inwards to boost the non-oil sector, by mobilizing resources to […]

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Understanding Financial Responsibility

Posted: December 26, 2016 at 3:07 am   /   Article, Finance

Adeoti Micheal in 2010 had serious money issues. He got a dream job, and then he lost the dream job. According to him, he made over N12, 000 per day for over 2 months before he got robbed. He traveled for French language immersion and then got himself another job. Hear him; “My living expenses […]

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Nigeria’s Amina Mohammed Is Dep UN Sec Gen

Posted: December 26, 2016 at 2:27 am   /   Article, WORLD

Nigeria’s number one climate change fighter and environment minister Amina Mohammed has been appointed as deputy secretary-general of the United Nations (UN) by António Guterres, UN’s new secretary-general. Mohammed had previously served as special adviser to UN secretary-general Ban Ki-Moon. President Muhammadu Buhari has described Mohammed’s appointment as “great honor to Nigeria.” In a statement […]

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Why FG Wants Private Sector Investors In Nigeria’s Downstream

Posted: December 26, 2016 at 1:26 am   /   Article, Business

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu said Nigeria will not concession or privatize its refineries but encourage private sector investment and subsequent joint ownership of the outfits for greater efficiency. Dr Ibe Kachikwu said this is in a statement released in Abuja on Tuesday by Mr Idang Alibi, Director Press in […]

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Nigeria Switches To Digital Broadcast

Posted: December 25, 2016 at 6:58 pm   /   Article, Lifestyle

Nigeria is “irreversibly committed’’ to meeting the June 2017 deadline for transition from analogue to digital television broadcasting, so says President Muhammadu Buhari earlier this week at the launch and roll out of Digital Switch Over (DSO) spearheaded by the Ministry of Information and Culture and the National Broadcasting Commission (NBC). Nigeria transited from analogue […]

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CORRUPTION IN A MAGNIFYING GLASS

Posted: December 17, 2016 at 2:52 am   /   Article, Opinion

It is no longer news that the word corruption is the song of the year in Nigeria. If any person, institution, project, business or even government is counting its losses during the outgoing year 2016, the word corruption is celebrating.This is a very great attainment for that word corruption which hitherto was a weakling, sidelined, […]

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CHANGING TIMES

Posted: December 17, 2016 at 2:18 am   /   Article, Opinion

One thing that appears to be constant in life is ‘Change.’ Everybody seems to desire change for just one reason or another. The level of economic or social attainment, educational, political, and religious or health does not frighten anyone out of the desire for change. Thus the slogan ‘change’ became a willing and successful tool […]

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Boko Haram fighters surrender

Posted: November 17, 2016 at 7:05 pm   /   Article, Videos

Hundreds of Boko Haram fighters and their families have surrendered in Chad in the past month, security and U.N. sources said. Reports from Africa News.  

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