States’ bail-out, temporary solution to debt crisis — DMO
LAGOS — Amidst the weakened revenue inflow from federation account, the Debt Management Office of the Federation, DMO, has said that the recent bail-out funding to state governments was only a temporal solution to their debt crisis, warning that unless the governments change their fiscal strategies they would return to trouble.
Chimamanda Adiche’s book named ‘best of the best’
Also trending for her winning streak is Adichie who has won the “Best of the Best” award.Chimamanda Ngozi Adichie’s Half of a Yellow Sun has topped a list of the last decade’s winners of the Baileys Women’s Fiction Prize.
NNPC discontinues OPA, adopts direct trading of Nigeria’s oil
The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has discontinued the Offshore Processing Arrangement, OPA, and has replaced it with Direct Sale-Direct Purchase (DSDP) programme.
Black Tuesday, as infernos wreak havoc in Oko Oba, Lekki, Ajegunle
In what many have described as a black Tuesday, raging inferno wreaked havoc in about three places in Lagos today.
Nigerian digital media, Ventra acquires Naija go social
As the digital media landscape continues its phenomenal growth across Sub Saharan Africa, Ventra Media a full-service digital marketing agency in Nigeria has acquired the boutique content and social agency Naija Go Social to widen its creative technology and marketing solutions capacity.
Ministers without portfolio not new in Nigeria, Saraki tells Buhari
Even with the quantum of criticism that greeted his statement that Nigeria at the moment can’t afford to pay 36 ministers in far away India on Friday, last week, president Mohammad Buhari Tuesday in Abuja ruled out the possibility of assigning portfolios to all the confirmed 36 ministerial nominees by the senate.
