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Vigilante kills father, son in Abia; lynched

Vigilante kills father, son in Abia; lynched

ABA—A member of a local vigilante group in Aba, Abia State, has been lynched by an irate mob for allegedly killing two and injuring another person with his gun at Ohanku area of the city.

Dickson, Sylva campaign organisations bicker over endorsements

Dickson, Sylva campaign organisations bicker over endorsements

THE Campaign Organisation of the All Progressives Congress, APC, governorship candidate in Bayelsa State, Chief Timipre Sylva and Peoples Democratic Party, PDP, Restoration Campaign Organisation of Governor Seriake Dickson, yesterday traded words over series of endorsements of Governor Dickson for second term by some groups and traditional rulers in the state.

Parliament of the Streets

Parliament of the Streets

PARLIAMENT of the Streets: Mass strikes and street protests that shook Nigeria in 2012 is the title of my newest book. Although written over three years ago, it has just come off the press. It seeks to document those turbulent days when government had control of Aso Rock, the Government Houses and the apparatus of state power, while the populace took firm control of the streets in an historic power struggle.

N5, 000 STIPEND: Group threatens to sue Buhari, APC

N5, 000 STIPEND: Group threatens to sue Buhari, APC

A pressure group, South East Progressives Assembly, SEPA, has threatened court action against President Muhammadu Buhari and the ruling All Progressives Congress, APC, over the inability of the Federal Government to commence the payment of the monthly N5, 000 to unemployed Nigerian youths.

LG Transition C’ttee illegal —Okowa

LG Transition C’ttee illegal —Okowa

DELTA State governor, Dr Ifeanyi Okowa, weekend, said the setting up of Local Government Transition Committee, LGTC, was unconstitutional and unknown to law.

Effective judicial process critical to financial stability – NDIC

Effective judicial process critical to financial stability – NDIC

The Managing Director and Chief Executive of the NDIC, Alhaji Umaru Ibrahim stated this at the opening ceremony of the Corporation’s 2015 Sensitization Seminar for Judges of States and Federal Capital Territory (FCT) High Courts in Abuja. Alhaji Ibrahim said that no matter how robust the NDIC’s extant laws, the Corporation needed the legal support from the judiciary to achieve its mandate, adding that the Corporation would continue to seek the cooperation and understanding of the judiciary, given that the Judiciary is constitutionally vested with the powers of interpretation of statutes and laws in the Federation.

Unilever Nigeria: The pain of high interest rate

Unilever Nigeria: The pain of high interest rate

Unilever Nigeria is reeling in pain inflicted on its operations by high interest rates. The consumer goods manufacturer is compelled to surrender to its lenders the revenue it desires to save for shareholders. Rising finance charges are responsible for the major profit drops the company has experienced in the past two years. Interest expenses doubled at the end of the company’s third quarter operations this year, which has increased the speed of the profit drop.

Opportunities still exist in capital market – NSE CEO

Opportunities still exist in capital market – NSE CEO

The Chief Executive Officer, CEO, of the Nigerian Stock Exchange, Mr. Oscar Onyema, has said that opportunities still exist for investors in stocks, in spite of the current downturn in the capital market. He spoke during an interview after the Annual General Meeting, AGM, of the Kano/Kaduna Zonal Branch in Abuja. His words, “It is important for investors to understand that just because the market is going down doesn’t mean there are no opportunities.

How prepared is Nigeria for the Fourth Industrial Revolution, as a matter of survival?

How prepared is Nigeria for the Fourth Industrial Revolution, as a matter of survival?

Nigeria from historical perspective, is always playing the catch up game. It has always adopted a fire brigade approach to issues of management. In fact, crisis management has been the style of leadership in Nigeria. It is when situations get out of hand that Nigerian leaders begin to adopt panic measures at solving problems. There were warnings in the past that crude oil prices will crash and Nigeria needed to build buffer, but it was ignored and today, the economy is facing challenges because early warnings were not acted upon.