Nigeria faces fresh challenges as oil production, reserves fall

• 40b reserves, 4m bpd remain a mirage 10 years after • 2022 budget revenue projection faces fresh hurdles amid divestment • Govt owes oil company $1.4b in cash call • Petrol subsidy: FG to continue bridging cost payment despite PIB Widening deficits, poor crude oil production, rising subsidy payments and lingering foreign exchange challenge […]

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Africa accounts for 2% of global trade, as continent’s infrastructure deficit hits $100b

Africa’s share of global trade remains low at two per cent, Secretary General, African Continental Free Trade Area (AfCFTA), Wamkele Mene, has said. Besides, a total of $36 billion transactions were sealed at the end of the 2021 Intra African Trade Fair (IATF). Speaking at the closing ceremony of the event in Durban, South Africa, […]

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Death toll rises in Taraba communities’ attack by Cameroon soldiers

Casualties of the recent attack on Manga Community in Takum Council of Taraba State by Camerounian soldiers have risen to 12. Confirming the latest development, residents, who spoke with The Guardian at the weekend, confirmed that no fewer than 20 persons, including children, were still missing. Narrating their ordeal in the soldiers’ hands, they wondered […]

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Police have enough evidence to prosecute suspects in OAU masters student’s death – Ajulo

•ICAN, Postmaster General demand justice Lawyer and civil rights activist, Kayode Ajulo, has told the Nigeria Police that the confessional statements obtained from some of the suspects arrested in connection with the death of Timothy  Oludare Adegoke, a Master’s of Business Administration student of Obafemi Awolowo University (OAU), Ile-Ife, Osun State, are cogent enough to […]

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Lessons learnt as Maiden relives attack on Alex at 10th year memorial

Retired military medical doctor, Brig. Gen. Oviemo Ovadje (left); Olorogun Oskar Ibru; his wife, Wanda; celebrant, Lady Maiden Alex-Ibru and Chief Marlies Allan during sharing of Lady Maiden’s 72nd birthday cake and 10th year memorial service for the late founding publisher of The Guardian, Dr. Alex Uruemu Ibru, at her Ikoyi residence in Lagos on […]

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Don’t lift ban on rice importation, Akeredolu counsels Buhari

Ondo State Governor, Oluwarotimi Akeredolu, has urged President Mohammadu Buhari not to consider lifting the ban on rice importation. He said the country had the capacity to produce rice for job creation and exportation. He spoke while inspecting rice harvest in Akure and environs cultivated in collaboration with the National Centre For Agricultural Mechanization (NCAM) […]

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Vice-chancellors who run Nigerian universities should take courses in management – Ajulo

Victor Olufemi Ajulo is an education consultant of international repute, having attended a lot of seminars and conferences on education. Before venturing into education consultancy, he was into banking and financial advisory. He is a fellow of the Institute of Change Management (FICM), Fellow, Institute of Management Consultants (FIMC), FNIM, FCMA, CIHP, MFHIP and several […]

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Sudan’s ousted prime minister reinstated

Ousted Sudanese Prime Minister Abdullah Hamdok was reinstated on Sunday. Hamdok took over the highest state office at the presidential palace in the capital Khartoum, state broadcaster Sudan TV reported. A few minutes earlier, Hamdok and military ruler, General Abdel Fattah al-Burhan, had signed an agreement for a new transitional government. “We will put our […]

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Gbenga Aluko’s death irreparable loss to Ekiti – Fayemi

Ekiti State Governor Kayode Fayemi on Sunday described the death of a former governorship aspirant in the state, Senator Gbenga Aluko as devastating and an irreparable loss to the state. The deceased who was one of the children of the renowned economist, the late Prof. Sam Aluko, father of the footballers Eniola and Sone, and […]

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Uncertainty as Igboho spends over 4 months in Benin Republic detention

Detained Yoruba nation agitator, Sunday Adeyemo popularly known as Sunday Igboho has been in the eye of the storm since he was ‘arrested’ by the operatives of Brigade criminelle (Criminal Brigade) on July 19 in Cotonou, Benin Republic. Checks show that he has spent 125 days in Benin Republic prison. Before his arrest, his Ibadan […]

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