Gangsters storm Surulere community on ‘revenge mission’

Gangsters storm Surulere community on ‘revenge mission’

Residents of Obasun link in Aguda, Surulere, Lagos woke up early morning, yesterday, to count their losses following the invasion of their area by a group of street urchins popularly referred to as “Star boys” from Ijesha.
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Super Eagles as the other Nigerian

Super Eagles as the other Nigerian

Our governments have spent billions of naira over time to promote a positive image for Nigerians everywhere. Regrettably, the popular perception of the Nigerian character remains that of greed, self-interest and other such ingenious criminal escapades. The promoted brand of “Good People, Great Nation” never really took off, and it has become clear that neither catchy slogans nor sexy packaging can change public perception of what is intrinsically a bad product!

FGN bonds trading rises by 287% in one week

FGN bonds trading rises by 287% in one week

…as profit taking depreciates NSE value by N16bn…
Trading activities in Federal Government Bonds listed on the Nigerian Stock Exchange increased by 286.8 per cent last.

Nigeria, a nation under siege of looters

Nigeria, a nation under siege of looters

Last week, the Minister of State for Finance disclosed that the Federal Government uncovered 45,000 ghost workers from 215 Ministries, Departments and Agencies under the Integrated Payroll and Personal Information System (IPPIS).

Labour demands mutually beneficial PIB

Labour demands mutually beneficial PIB

ORGANISED Labour in the nation’s Oil and Gas Industry has called on the National Assembly to ensure that Petroleum Industry Bill, PIB, before it comes out in a way it will be mutually beneficial to Nigeria and the International Oil Companies, IOCs, operating in Nigeria.

A Country Of Ghosts

A Country Of Ghosts

GHOST workers are the latest buzz words for governments. Yerima Ngama, Minister of State for Finance sounded triumphant when he announced that 45,000 ghost workers who earned more than N100 billion, had been discovered on the pay roll of the Federal Government after auditing 251 Federal Ministries, Departments, and Agencies, MDAs. There are still 321 MDAs to be audited.

Daily Times: Court adjourns case against Anosike brothers

Daily Times: Court adjourns case against Anosike brothers

A Federal High Court sitting in Lagos, has adjourned till March 4, 2013, for the proper arraignment of Mr. Fidelis Anosike and his brother, Noel, charged with stripping the assets of Daily Times Nigeria with his company, Folio Communications Limited.

APC aims at true federalism – Fayemi

APC aims at true federalism – Fayemi

Ado Ekiti – GOVERNOR Kayode Fayemi of Ekiti State, yesterday said All Progressive Congress, APC, aimed at promoting true federalism with its attendant features of decentralisation and devolution of powers, allowing all parts of the country to feel a sense of belonging and ownership.

Pension industry is better off with recapitalisation – PenOp

Pension industry is better off with recapitalisation – PenOp

With over 5.2 million registered Retirement Savings Account, RSA, holders and 200,000 retirees under the Contributory Pension Scheme, CPS, Pension Fund Operators, PenOp, in this interview, are of the opinion that the recapitalisation exercise that ended last year has strengthened the industry.

Delta community vows to shut down NPDC operations

Delta community vows to shut down NPDC operations

DISTRESSED indigenes of Diebiri, an Ijaw community in Warri South-West Local Government Area of Delta State, weekend, issued a 14-day ultimatum to Nigeria Petroleum Development Company, NPDC, and threatened to shut down the company’s operations.