IMF warns Nigeria of debt crisis, urges diversification

The International Monetary Fund (IMF) has warned Nigeria and Sub-Saharan African economies to check rising levels of debts, diversify their revenue bases or face crisis. Nigeria’s debt profile was N22.3 trillion as at June 30, 2018. About two-thirds of the government’s revenues go into servicing interest payments, with the principal still waiting for redemption at […]

Continue Reading

Baba Sala: The cheerless song of a lonely aging humorist

By Yinka Fabowale I’m posting this story for your enjoyment and in tribute to one of my theatre icons, late Moses Olaiya Adejumo (aka Baba Sala), who passed on on Sunday. The report, first published in Sunday Sun some years back, is the archetypal narrative of Nigerian artistes – their rise to fame and riches, […]

Continue Reading

How Ajasin drew me into politics – Agbi

– The following is one of the last interviews granted by the late ex Nigerian envoy to Greece and Australia, a former Secretary to Ondo State Government, ex Deputy Vice Chancellor of Ondo State University, a Peoples Democratic Party’s chieftain and until his death on Wednesday the Asiwaju of Akure: How would you describe your […]

Continue Reading

New minimum wage ready for Buhari’s signature

The Federal Government is set to announce the new minimum wage as the Tripartite Committee completes its assignment for onward submission to President Muhammadu Buhari. Mr Ayuba Wabba, NLC President, made this known while speaking with newsmen on Monday in Abuja. According to him, the committee used the two-day to reconvene and deliberate on a […]

Continue Reading

UK to partner FG on Ogoni clean-up, others – Envoy

The United Kingdom has pledged to partner with the Federal government in efforts to clean Ogoni area in the Niger Delta and tackle other environmental challenges across the country. Ms. Lavie Beaufils, the British Deputy High Commissioner to Nigeria, conveyed the pledge on Monday in Abuja when she paid a courtesy visit on the Minister […]

Continue Reading

Atiku can’t beat Buhari in 2019 – APC

The ruling All Progressives Congress on Monday said former vice-president and presidential candidate of the opposition People’s Democratic Party (PDP) Abubakar Atiku cannot beat President Muhammadu Buhari in the 2019 general elections. Abubakar won his party’s primary election with 1, 532 votes to beat Sokoto state governor Aminu Tambuwal, who polled 693 votes. Senate President […]

Continue Reading