Appeal on Abacha loot: World Bank seeks more time to give details

Appeal on Abacha loot: World Bank seeks more time to give details

The World Bank has again asked for more time to release details on the spending of recovered loot by late General Sani Abacha. This followed the bank’s decision to refer “portion of appeal by Socio-Economic Rights and Accountability Project (SERAP) to the Bank Archives Unit for processing for public access.”
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UNECA’s report vital to economy —FG

UNECA’s report vital to economy —FG

THE Federal Government has said the United Nations Economic Commission for Africa, UNECA’s comprehensive report on ‘Green Economy in Africa’ will serve as a vehicle for the promotion of sustainable, social and economic transformation in the region.

Contractor diverts 60 trucks of grains meant for Borno IDPs

Contractor diverts 60 trucks of grains meant for Borno IDPs

ABOUT 60 truck-load of bags of grains allocated to Borno internally-displaced persons, IDPs, by President Muhammadu Buhari, to fight malnutrition in the troubled north-eastern state have allegedly been diverted by a contractor.

Manufacturers want FG to re-introduce export expansion grant

Manufacturers want FG to re-introduce export expansion grant

The President of Manufacturers Association of Nigeria (MAN), Mr Frank Jacobs, has called on the Federal Government to re-introduce Export Expansion Grant (EEG) scheme to salvage the manufacturing sector. Jacobs made the call in an interview in Abuja.

Forex concessions for pilgrimages

Forex concessions for pilgrimages

The directive by the Central Bank of Nigeria (CBN) for the Pilgrims Travel Allowance (PTA) to be sold to intending pilgrims at N197 to $1 has, understandably drawn sharp criticisms, coming at a time that factories cannot get enough foreign exchange to import crucial inputs and parents are finding it difficult to pay the school bills of their children studying abroad due to the scarcity and high cost of foreign exchange.

Countries scramble to sign Toriola as coach

Countries scramble to sign Toriola as coach

The rapturous applause that greeted his exit from the Table Tennis event of the Rio Olympics could have been mistaken for a victorious ovation. Nigeria’s legendary table tennis icon Segun Toriola exited the Games on Sunday but held his head high the way only legends do.

OPEC predicts rise in crude oil price next month

OPEC predicts rise in crude oil price next month

THE Organisation of Petroleum Exporting Countries, OPEC, yesterday said it was confident that the prices of crude oil would rise by next month as against the current low prices at the International market.

The Needed Transfiguration of PDP Publicity Machinery

The Needed Transfiguration of PDP Publicity Machinery

Come August 17, 2016, the Peoples Democratic Party (PDP), the most popular and most populous political party in Africa, would be holding its national convention where it is expected that a new set of the party’s national working committee members would be elected to stir the ship of the opposition party back to its glory days.

Atikulation for (G)oing (O)n (W)ith (O)ne (N)igeria

Atikulation for (G)oing (O)n (W)ith (O)ne (N)igeria

I was going to call Gen Yakubu Gowon out three weeks ago to say something on the raging debate in the country over the structure of Nigeria.I had written the piece half-way before I archived (no pun intended!) it after an inner voice told me to still hold on. I titled the write-up “Gowon,should we go on this way ?”