External reserves record modest decline

External reserves record modest decline

The nation’s external reserves recorded a modest decline last week, contrary to speculations that Federal Government’s new policy on downstream oil sector liberalization would extend its foreign exchange-related pressures on the reserves.
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Buhari’s archaic approach to  Niger Delta problems

Buhari’s archaic approach to Niger Delta problems

TWO Nigerians from Katsina State have been Presidents of Nigeria in the past ten years. The first was Alhaji Umaru Musa Yar’Adua, who assumed power on May 29th 2007. He was an academic from a Fulani elite family. The core of his government comprised mainly Northerners because unlike his late elder brother, Major General Shehu Yar’Adua, he never really had much opportunity to interact with the wider Nigerian society before he joined politics.

FG wades into non-Abia civil servants’ sack

FG wades into non-Abia civil servants’ sack

More than four years after non-indigenous workers were disengaged from Abia State civil service, help appears to be on the way as the Federal Government has said the problem was receiving necessary attention.

Insurance win South South Champion of Champions

Insurance win South South Champion of Champions

Bendel Insurance of Benin on Saturday at the Sam Ogbemudia Stadium, Benin, defeated Akwa Starlets of Uyo by a lone goal to win the maiden South South Champion of Champions tournament, which featured all the Federation Cup winners in the geo-political zone.

N700m campaign funds in Edo:  EFCC invites Orbih

N700m campaign funds in Edo: EFCC invites Orbih

THE Economic and Financial Crimes Commission, EFCC, has invited former chairman Board of Trustees of the Peoples Democratic Party, PDP, Chief Tony Anenih, and the state chairman of the party, Chief Dan Orbih, to appear before it to explain how the N700 million presidential election fund was expended.

Rio Olympics: Eguavoen tips Siasia’s team to win gold

Rio Olympics: Eguavoen tips Siasia’s team to win gold

AS time ticks closer to the Rio Olympics, former Super Eagles coach Austin Eguavoen has advised Samson Siasia to be doubly sure before he selects his three over-aged players for the football event of the Olympics.

I remain loyal to Gov Umahi, says former aide

I remain loyal to Gov Umahi, says former aide

THE immediate past Senior Special Assistant to Governor David Umahi of Ebonyi State on Internal Security, Mr. Ali Odefa, weekend, said he was not fighting Governor Umahi.

IPOB registered in 30 countries—Kanu

IPOB registered in 30 countries—Kanu

The detained leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, has prayed the Community Court of Justice of the Economic Community of West African States, ECOWAS, to compel the Federal Government of Nigeria to pay him monetary compensation of $800 million for the gross violation of his human rights.

How to start a business with little or no funding

How to start a business with little or no funding

So you tried everything and asked everyone, but nobody offered you a loan? Well, do not despair; others have started businesses in similar circumstances. Starting a business without outside funding is known as bootstrapping. In bootstrapping, the entrepreneur uses his or her personal savings, overdraft, or bond on their home. Most well- known successful business entrepreneurs like Bill Gates (Microsoft), Michael Dell (Dell computers), and Richard Branson adopted a combination of personal bootstrapping plans to start- off their businesses. To obtain maximum result, you need to use a combination of bootstrapping options to leverage every opportunity instead of focusing on one option.

MPC: Experts predict further hike in Monetary Policy Rate

MPC: Experts predict further hike in Monetary Policy Rate

Economic experts have predicted that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will further raise the Monetary Policy Rate (MPR), in order to address rising inflation in the country. Some of them however opined that the Committee should adjust the foreign exchange policy to allow for efficiency in the foreign exchange market.

Why we’re investing in commercial production of sorghum, cassava – MD, NB Plc

Why we’re investing in commercial production of sorghum, cassava – MD, NB Plc

We maintained our contribution to the development of the agriculture value chain in Nigeria as parts of our focus on sustainable sourcing of raw materials. For instance, in 2015, 47.4 per cent of our raw materials were sourced locally. Hopefully by 2018 we should be able to achieve a benchmark of 60 per cent and Heineken, our parent company has a commitment that by 2020 we should be able to attain 99 per cent local sourcing of raw materials.

Jos High court rubbishes Giwa’s NFF leadership claims

Jos High court rubbishes Giwa’s NFF leadership claims

The Nigeria Football Federation, NFF has made available a declaration made by Hon. Justice M.H. Kufrya of the Jos High Court clarifying the position of his court on the case brought before it by a controversial stakeholder, Chris Giwa claiming to have been ordered to take over leadership of the football house. According to the […]

Senate may block States from World Bank facility

Senate may block States from World Bank facility

Amidst the massive declines in cash-flow of the various tiers of government due to dwindling oil revenue, there were indications that the Senate may block state governments from accessing the USD4.25 billion earmarked by the World Bank for states’ development.

Consequences of N145 per litre fuel

Consequences of N145 per litre fuel

Lai Mohammed, Information Minister, NATION, May 17, 2016, p 6. In the report by Yusuf Alli, Yomi Odunuga and Vincent Ikuomola, all senior editorial staff of the paper, the Minister also pointed out that “Government is not about popularity. There are times in life you have to take a very hard decision and this decision is for the long term and benefit of everybody.” Fortunately or unfortunately, the three journalists were with the paper in January 1, 2012 when Jonathan’s government increased the price of fuel from N97 per litre to N141 – an increase of 45.3 per cent. Each of them should be able to recollect what he wrote in response to that announcement. Lai Mohammed, then the National Publicity Secretary for the Action Congress of Nigeria, ACN, also should go and find out what he said in 2012.

F/Eagles return today

F/Eagles return today

The victorious Nigeria U-20 squad to Saturday’s 2017 Africa U-20 Cup of Nations qualifying match against Burundi in Bujumbura will return to the country today, aboard an Ethiopian Airline flight from Addis Ababa.