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PDP crisis: Jonathan has no pact with the North — Zwingina

PDP crisis: Jonathan has no pact with the North — Zwingina

DR. Jonathan Silas Zwingina represented Adamawa South Constituency in the Senate between 1999 and 2007 on the platform of the Peoples Democratic Party (PDP).  In this interview, he said that the face-off between the PDP National Chairman, Alhaji Bamanga Tukur and the rebelling governors within the party, was borne out of the urge by Tukur to fight the culture of impunity practised by some state governors. He also said that President Goodluck Jonathan had no agreement with the North over 2015, adding that the North has never formed a common front in any election. Excerpts:

2015 PRESIDENCY: nPDP drops demand for Jonathan to go

2015 PRESIDENCY: nPDP drops demand for Jonathan to go

As the meeting between President Goodluck Jonathan and the aggrieved G-7 governors and other leaders of the Abubakar Kawu Baraje faction of the Peoples Democratic Party, PDP, got underway last night to resolve the crisis in the party, there were indications that the nPDP may have adjusted its earlier demand that President Goodluck Jonathan should not seek a second term in office. This came as the National Chairman of the party, Alhaji Bamanga Tukur has appealed to leaders of the new PDP to embrace dialogue saying the problem can be resolved in a family way.

Let every company source its own foreign exchange

Let every company source its own foreign exchange

Last week, I wrote on this column that Nigerians’ penchant for foreign goods has continued to put pressure on the nation’s external reserves and the exchange rate. In the article, I asked for how long the CBN will continue to defend the naira. Some readers wrote in to say that the article was more of a question and did not suggest solution.

Stock market capitalisation records 26.6% growth, hits N11.533trn

Stock market capitalisation records 26.6% growth, hits N11.533trn

•Say it will affect market performance in 2nd half…
The positive sentiment at the Nigerian stock market at the beginning of the year has continued to impact on performance of the market which has recorded a 26 per cent growth in the last eight months. The market indicators, which are the barometer of the health of the financial market, as at the end of third quarter of 2013 showed that share prices of most of the companies listed in the exchange have risen by 26.6 per cent.

Dangote, richest African in the world

Dangote, richest African in the world

THE Forbes Magazine has declared Aliko Dangote as the world’s richest African in the world, just as the world’s richest black woman, Folorunsho Alakija, is conspicuously missing in the magazine ranking of the 21 richest Nigerians. 

Delta Central bye-election: APC hasn’t adopted any candidate —Ikimi

Delta Central bye-election: APC hasn’t adopted any candidate —Ikimi

National Vice-Chairman, South South of All Progressives Congress, APC and former Foreign Affairs Minister, Chief Tom Ikimi, weekend, described as misleading, reports that the party had adopted Mr Festus Keyamo as its candidate for the forthcoming bye election for the Delta Central senatorial seat in Delta State.

Vacate flood-prone areas now, Delta Commissioner warns farmers

Vacate flood-prone areas now, Delta Commissioner warns farmers

DELTA State Commissioner for Poverty Alleviation,  Dr. Antonia Ashiedu, has warned farmers and traders currently residing  within flood-prone areas in the state to vacate immediately in their interest to  avoid being caught up in an imminent flood disaster.

CBN disburses N217.4bn to 19 banks for Agric sector in Q2

CBN disburses N217.4bn to 19 banks for Agric sector in Q2

The Central Bank of Nigeria, CBN said at end of June 2013 , the total amount released under the Commercial Agriculture Credit Scheme (CACS) to the 19 participating banks for disbursement to agriculture sector stood at N217.4 billion (for 288 projects).