Oil: Nigeria loses 1.1mb/d to Niger-Delta crisis 1Q09

Oil: Nigeria loses 1.1mb/d to Niger-Delta crisis 1Q09

By Yemie Adeoye THE Federal Government   has announced a loss of about 1,101,488 barrels of oil per day (bopd) during the first quarter of 2009 alone mainly due to the crises in the oil rich Niger-Delta region. Specifically, 474,705 bopd was deferred in January while the month of February witnessed a larger deferment of about […]
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Kaduna Police aborts lecture on corruption

Kaduna Police aborts lecture on corruption

By Emeka Mamah Kaduna—Officers and men from the Kaduna State Police Command,  weekend, aborted a lecture on corruption earlier billed to take place at the Kagoro Town Hall, in southern Kaduna. “The action of the police is a clear indication that those in government are not sincere with the fight against corruption,” said one of […]

Fresh crisis in Benue claims 3, renders 760 homeless

Fresh crisis in Benue claims 3, renders 760 homeless

By Peter Duru MAKURDI—A fresh outbreak of communal crisis between the Nyieev and Uyougho communities of Kwande Local Government Council of Benue State have claimed the lives of three persons while over 760 persons have been displaced and rendered homeless. An eyewitness told Vanguard that herds of refugees from the affected villages have taken over […]

FCTA bulldozers pull down 500 structures in Mpape

FCTA bulldozers pull down 500 structures in Mpape

By Henry Umoru ABUJA — THE Federal Capital Territory Administration (FCTA), weekend, pulled down over 500 structures at a site earmarked as quarry for construction companies operating in Mpape, one of the sprawling settlements in FCT as part of moves to carry out its threat leaving residents lamenting their plights. The exit of former Minister, […]

Petrol to cost N94 per litre, as FG fully deregulates

Petrol to cost N94 per litre, as FG fully deregulates

The government, it was learnt, is considering that the price of PMS should be allowed to increase within the range of N89.78 to N93.73 per litre, depending on the location, coastal or hinterland, reflecting cost-saving measures recently approved by the government and additional measures derived from the reports of two consultancy outfit on the review of PPPRA template.

Sanusi’s Monetary Policy Salvos

Sanusi’s Monetary Policy Salvos

The situation becomes even more curious when you recognize that the same CBN who is borrowing from the banks at more than 6% is also the same one guaranteeing interbank placements without the control meter of each bank’s reserve and gilt edge holdings! This also raises questions as to the $7bn shared between 14 banks by CBN under hitherto undisclosed terms.

Demon worshippers in charge

Demon worshippers in charge

When the crisis in the state took a turn whereby the political interests of Governor Daniel and Alausa were no longer in uniform alignment, Alausa deserted and joined Daniel’s enemies. In anger and retaliation, Daniel decided to expose Alausa and caused his newspaper to spin the yarn that it did with such relish that Monday.

N49bn debts: Senate urges EFCC to prosecute bank directors

N49bn debts: Senate urges EFCC to prosecute bank directors

…invites Sanusi, Ogunleye ….As NUJ calls for trial of suspects By Emmanuel Aziken &  Henry Umoru ABUJA—The Senate is pressing on all fronts to bring directors of failed banks indicted in the accumulation of N49 billion bad debts to book with a directive to the Economic and Financial Crimes Commission (EFCC) to recover and prosecute […]

Presidency is snubbish of National Assembly —Senator Folarin, Senate Leader

Presidency is snubbish of National Assembly —Senator Folarin, Senate Leader

HE is a far cry from the more flashy Leaders that preceded him. But that Senator Teslim Folarin is today fully in the saddle and deftly asserting himself as the leader of the Senate is not in doubt. As the fulcrum upon which the business of the Senate revolves, Senator Folarin has remarkably carried out his duties with a simplicity that betrays his relative freshness to the complexity of national politics.

Another angle!

Another angle!

“Is that Treena? This is Nkem. No, no, don’t say a word. I apologize profusely for the bad way I behaved in Lome today at your hotel. I don’t know what came over me. I normally don’t lose my cool that way and become physical.” Not true!

Enyimba fulfill promise to fans

Enyimba fulfill promise to fans

When Enyimba placed third on the league table, their club chairman, Felix Anyansi-Agwu, promised their fans that they would make up with the FA Cup. The cup, he said, would assuage the hunger of their fans for a league title they felt they had everything to win.

Kaduna Police aborts lecture on corruption

Kaduna Police aborts lecture on corruption

By Emeka Mamah Kaduna — Officers and men from the Kaduna State Police Command,  weekend, aborted a lecture on corruption earlier billed to take place at the Kagoro Town Hall, in southern Kaduna. “The action of the police is a clear indication that those in government are not sincere with the fight against corruption,” said […]

Fresh crisis in Benue claims 3, renders 760 homeless

Fresh crisis in Benue claims 3, renders 760 homeless

By Peter Duru MAKURDI—A fresh outbreak of communal crisis between the Nyieev and Uyougho communities of Kwande Local Government Council of Benue State have claimed the lives of three persons while over 760 persons have been displaced and rendered homeless. An eyewitness told Vanguard that herds of refugees from the affected villages have taken over […]