CBN: Nigeria’s Monthly Import Bill drops by 75.9%

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed that the various initiatives aimed at encouraging domestic production, have resulted in Nigeria’s monthly import bill falling significantly from $665.4 million in January 2015, to $160.4 million as at October 2018, representing a drop by 75.9 per cent and an implied savings […]

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Buhari, APC and Atiku’s American visa by PHRANK SHAIBU

The desperation of President Muhammadu Buhari and the All Progressives Congress to stop the growing popularity, acceptance and political momentum of Alhaji Atiku Abubakar in the race to become the next suitable President of Nigeria in 2019, obviously took an absurd, yet very disturbing and dangerous dimension recently, when the Information Minister, Alhaji Lai Mohammed, […]

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Wonderful Medicinal Value of Unripe Plantain by Aramide Olayemi Olaleye

Plantain, musa paradaisica, is an household plant. Both adults and children alike know it. Even though people are familiar with the Plantain plant, and enjoy its fruit, they do not pay attention to its other uses. When Plantain is roasted, it is called boole in Yoruba. When fried it is called dodo. The plantain plant, […]

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Malabu $1.1 b Scandal: Shell, Eni Executives risk Jail in Milan Over Alleged Bribe to Nigerian Govt. Officials

Two oil giants, Shell and Eni, are currently on trial in Milan, accused of bribery in one of the biggest corporate corruption scandals in history. It’s a big deal. If found guilty, senior executives at both companies could go to jail. Shell and Eni could face enormous penalties, and be forced to hand back one […]

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“You Can’t Stop Aggrieved APC Members from Seeking Redress in Law Courts”, Buhari Tells APC Leaders

President Muhammadu Buhari on Monday disagreed with the leadership of the All Progressives Congress (APC) on how party members should address their grievances. In a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, the President believes the court is the last option for aggrieved members to seek redress. “We can’t deliberately […]

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Herdsmen, Farmers Clashes in Buhari’s State, Katsina Has Left Many People Dead

A clash between herders and farmers in Gora Village of Katsina State has left many people dead, the News Agency of Nigeria reports. This year alone, about 2000 Nigerians have dead from herders and farmers clashes. “The violent clash took place when a herdsman pushed his cows into the farm of a farmer who was […]

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Jonathan’s Book Exposes how Obasanjo, Nasir el-Rufai, APC started Fake News in Nigeria Resulting to Economic Recession

“Recall that the opposition and their sympathisers and campaigners, both local and international, with their malicious propaganda, tore our economy to shreds, threatened our stability and existence as a nation and intimidated our citizens, all in the bid to take over power. Rather than forge a coalition and build on the momentum we had gathered […]

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The Strategic Location of Delta Ports to Nigeria’s Development by Omoniyi Osadare

The Delta Ports are a quadruplet of seaports sited along the Niger delta coastline in the port towns of Warri, Sapele, Koko and Burutu, all in Delta State and in their named order of sizes. The ports belong to second generation Nigerian ports, coming after the Lagos Port Complex and the Port Harcourt Port. They […]

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Money, Money Everywhere & Yet More Debt, By Henry Boyo

The IMF Country Chief, Amine Mati, who spoke last Thursday (November 8, in Abuja, at the presentation of the Regional Outlook for Sub-Saharan Africa, 2018), was clearly concerned that, despite Nigeria’s very precarious 1.9 percent projected growth rate for 2018, and a debt to GDP ratio between 20-25 percent, Nigeria however, is unfortunately, already also […]

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Nigerian Newspapers Headlines, Thursday October 11, 2018

BUSINESSDAY PH Court nullifies APC congresses; voids guber, assembly nominations Stocks may follow historical sell-off path despite Q3 scorecards 2019: Atiku’s emergence will strengthen opposition, say Fasehun, Afenifere FG spends N460bn from 2018 budget on capital projects Factoring will help Nigerian economy to blossom Dangote urges deepening of African economy through free trade Quickteller removes […]

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