By Victor Ahiuma-Young EFFORTS to resolve the lingering industrial dispute between the management of Addax Petroleum Nigeria Limited and its workers over severance benefits after the company was bought over  by a Chinese company, Sinopec, appears not to be yielding results as two days of meetings between the parties in Abuja have ended in deadlock. […]

The naira has been depreciating against the dollar at the official market since the apex bank reintroduced WDAS on Monday, July 13. Prior to the WDAS, the exchange rate was N146 to the dollar. Hence, with the increase to N149.75 yesterday, the naira has depreciated by 375 kobo under WDAS.

By Vincent Ujumadu ENUGU – ANOTHER twist emerged yesterday in the leadership crisis in Anambra state branch of the Peoples Democratic Party (PDP), as members of the Ifeatu Obi-Okoye group, which had been laying claim to the state leadership dissociated themselves from the decision of Obi-Okoye to discontinue the struggle. Some members of the group […]

By Chris Ochayi ABUJA — Nigeria and Chinese governments yesterday signed N107.4 million contracts agreement for the construction of four rural primaries schools in four states of the federation. The benefitting states are Katsina, Kaduna and Ogun states as well as the Federal Capital Territory (FCT). Minister of State for Education, Hajiya Aishatu Dukku, who […]

By Tony Edike Enugu – For the Chukwuka Eze family in Enugu state, it was jubilation galore yesterday, as they re-united with their only child, a seven-month-old, Chibuzor. The baby was abducted from their home on Monday, in Enugu. Chibuzor was in the custody of a nanny when the child’s parents went to work and […]