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$5.8bn Rail Loan: Why China EXIM offered loan  — ADEOSUN

$5.8bn Rail Loan: Why China EXIM offered loan — ADEOSUN

ABUJA—MINISTER of Finance, Mrs. Kemi Adeosun, yesterday, told the Senate that the foreign loan of $5.8 billion offered Nigeria by China EXIM Bank, was tied to a very stringent condition that when the job commences, Chinese construction firms must be the ones that would be engaged to execute the contract.

Why Nigeria has not made progress — OBASANJO

Why Nigeria has not made progress — OBASANJO

Abuja—Former President Olusegun Obasanjo, yesterday, said that Nigeria has not been able to make progress because successive governments failed to continue with good policies put in place by their predecessors.

FG activates Ebola preparedness plan

FG activates Ebola preparedness plan

IN response to the renewed outbreak of Ebola in the Democratic Republic of Congo, DRC, the Nigerian Government has activated a preparedness plan by setting up the Ebola Preparedness Working Group, EPWG, even as passengers with fever arriving from a county where Ebola has been detected are to be investigated.

Royal Rumble: Who will  save Sanusi?

Royal Rumble: Who will save Sanusi?

Emir Sanusi had almost always lived at the top. The grandson of a famed emir, a product of some of the best schools in the country, Kings College, Lagos, ABU Zaria; the first Northern CEO of Nigeria’s First Bank, a banker of bankers with a respectable pedigree in Islamic knowledge and postulations; his enthronement as monarch should not have agitated anyone. So, why is His Royal Highness in trouble?

Tinapa: Nigeria’s $450 million white elephant

Tinapa: Nigeria’s $450 million white elephant

With its futuristic film studios, luxury shops and elevated light railway, Tinapa should be a showcase of Nigerian dynamism, a commercial hub for West Africa raking in millions of dollars.

China probes Hulk incident, Lavezzi off the hook

China probes Hulk incident, Lavezzi off the hook

China’s football authority said Wednesday it is investigating Brazilian star Hulk’s alleged altercation with a rival club’s staffer, but it saw “no malicious intent” in a separate racially-charged row involving Argentina’s Ezequiel Lavezzi.