House leadership: Reps-elect form 283-member alliance

Another major political alliance has emerged in the House of Representatives, about two weeks after members-elect on the platform of minority parties in the chamber formed a coalition against the All Progressives Congress. On Thursday, a member of the ruling APC and the opposition Peoples Democratic Party jointly issued a statement in Abuja to announce […]

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Mega crisis looms in Ogun APC as top chieftains’ aides wrangle

A serious political crisis is brewing in the All Progressives Congress in Ogun State as aides of the state Governor, Dapo Abiodun, and former governor Gbenga Daniel, disagreed over alleged anti-party activities during the last elections in the state. The Independent National Electoral Commission declared Abiodun, who ran on the platform of the APC, winner […]

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Empowering Nigeria’s oil and gas industry for global competition

By Abraham Adegoke When the Nigerian Content Development and Monitoring Board (NCDMB) was established in 2010, its mission was to promote the development and utilisation of in-country capacities for Nigeria’s industrialisation by effectively implementing the Nigerian Content Act. While the board has, over the years, made giant strides towards actualising this goal with several policies […]

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Light the Candle: How the energy crises beat Buhari

By Dan Agbese President Muhammadu Buhari signed 16 amendments to the 1999 Constitution into law on March 18. Perhaps the most significant of these was the amendment that removed electric power generation, transmission, and distribution from the exclusive legislative list to the concurrent legislative list. States are thus permitted by this amendment to assume the […]

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AMCON: How not to revive distressed airline, recover debts

An Arik Air Boeing 737 aircraft undergoing rebranding recently, at the Maintenance, Repair, and Overhaul (MRO) facility of Ethiopian Airline, in Addis Ababa, Ethiopia, as it prepares for a new life with NG Eagle Not many stakeholders warmed up to the Asset Management Corporation of Nigeria’s (AMCON) takeover of the management and operations of financially-distressed […]

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Dangote promises higher returns as shareholders okay N340.8b dividend

Chairman, Dangote Cement Plc, Aliko Dangote (left); Group Managing Director/Chief Executive Officer, Dangote Cement Plc, Arvind Pathak and Non-Executive Director, Dangote Cement Plc, Olakunle Alake at the 14th yearly general meeting of Dangote Cement Plc in Lagos…yesterday. Photo: Ayodele Adeniran Dangote Cement Plc has assured shareholders and other stakeholders of its resolve to keep the […]

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IMF pushes for interest-free loans for developing countries

Photo: Samuel Corum/Getty Images/AFP $4.7 billion needed to bridge credit gap Multiple economic shocks in recent years, amid a slow rise in per capita income in more than three decades, have put developing economies in real danger if urgent steps are not taken, the managing director of International Monetary Fund (IMF), Kristalina Georgieva, has warned. […]

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Aviation workers threaten two-day warning strike over CoS, welfare

Aviation workers’ unions have threatened to down tools next week, in protest against the non-release of new Condition of Service (CoS) in the last seven years and other welfare issues. The unions, yesterday, bemoaned the non-implementation of the CoS almost eight years after it was negotiated with workers. Also lamented were the non-implementation of the […]

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Nigeria: Nine years after Chibok girls’ abduction, authorities failing to protect children

98 Chibok school girls abducted by Boko Haram remain in captivity; More than 61 children are still being held in captivity two years after they were abducted by gunmen; Lack of accountability for crimes against children emboldens impunity. Nine years after Boko Haram abducted 276 students from a girls’ school in Chibok, 98 girls are […]

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Johny Drill and Don Jazzy release ‘Believe me’

Nigerian music star Johnny Drille and Don Jazzy; Mavin record boss have collaborated to release a new single, titled “Believe Me” The snippet of the video was shared on the official social media page of the Mavin record, with the inscription “It’s Don Jazzy & Johnny Drille again! ‘Believe Me’ will make you believe in […]

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