Zamfara: 4000 killed, 6000 injured in 60 attacks

– 3,000 farm hectares destroyed, 25,000 cows rustled, 500 towns and villages, 13 LGAs affected Zamfara State Govrernor Abdulaziz Yari on Monday, said the state has witnessed over 60 attacks since 2011, which led to the death of over 4,000 people, affecting 500 towns and villages across 13 local governments in the state. He also […]

Continue Reading

Labour says FG insincere about minimum wage

– accuses government of frustrating, delaying process – summons emergency meeting of organs to report FG, take next step The Nigeria Labour Congress, NLC, has declared that the Federal Government is not ready to come up with a figure for an upward review of the minimum wage; even though it admitted and agreed that there […]

Continue Reading

FG, States, LGs share N3.95trn first half of 2018 – NEITI

Finance Minister, Mrs Kemi Adeosun – says revenue highest in year’s 2nd quarter since 2014 third quarter The Federal, States and Local Government Areas shared N3.95 trillion from the Federation Account within the first half of this year, the Nigeria Extractive Industries Transparency Initiative (NEITI) announced this on Monday, in its latest edition of Quarterly […]

Continue Reading

They are the ones rushing Buhari with N45m form

By Tunde Odesola Behind his back, his students call him Assault Rifle or A.R, for short; Professor Austere Riches is the blight of male students and a terror to their female counterparts. He collects money for marks with his right hand from male students and caresses the crevices of female students with his left hand, […]

Continue Reading

Cancer scare as fake phones flood Nigeria

The use and sale of counterfeit and substandard mobile phones in Nigeria’s telecommunications space have been increasing to the extent that it has become a menace. Simply put, counterfeiting means copying an original item, especially consumer products, with the intent of deceiving or defrauding the buyers. Consumers are constrained by ignorance and sometimes; inability to […]

Continue Reading

Business in politics, historical mix Nigeria needs now

By Cheta Nwanze, Contributor How should we define the role of policymakers in improving the efficiency of the economy’s primary participants? Here are lessons from the first time business had a definitive say in politics. Recently, a journalist a journalist friend of mine obtained an internal memo sent by one of the new-generation banks to […]

Continue Reading

Diversify economy to avert recession, experts warn FG

– say policies, reforms implementation needed urgently Market operators have stressed the need for the Federal Government to step up the implementation of various policies and reforms needed to boost economic growth and ultimately avert another round of recession in the country. The call came as South Africa- Africa’s second largest and most industrialised, this […]

Continue Reading

How Nigeria remains exposed to shocks

Research highlights need for urgent policy measures Besides the shallow trend of Nigeria’s economic diversification, the trade war between the United States (U.S.) and China is increasing its susceptibility to shocks, given that domestic growth in oil and gas sector remains pressured in the last six months. The trade war, according to FXTM’s research analyst, […]

Continue Reading

Airlines’ fortunes soar

Murtala Mohammed International Airport, Lagos • Operators procure multi-billion naira aircraft • Banks woo sector players with 10% interest rates • Expert warns on outright purchase of airplanes A new wave of confidence has animated the air travel sector with erstwhile struggling airlines now acquiring state-of-the-art airplanes to replace leased equipment. With lending rate as […]

Continue Reading