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Home2016April

Month: April 2016

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Economy

Dirty Fight for Nigeria’s Sky and Forex, By Louis Odion

April 2, 2016 Omoniyi Osadare 0

Anyone still doubting the manipulative influence of multinationals in the political economy of Third World countries like Nigeria only needs to pay more attention to dispatches from our aviation sector lately. With the nation falling […]

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Society

Easter Season: More blight, less bliss By Olu Obafemi

April 2, 2016 Omoniyi Osadare 0

THE Christendom just ended the festivity known as Easter, the celebration of the resurrection of Jesus Christ from the humiliating and agony-suffused death inflicted on Him by those He came to save and for the […]

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Security

Bad governance has bred uprisings from Boko Haram to Biafra …… Economist

April 2, 2016 Omoniyi Osadare 0

THE prayers of Gyang Dahoro take on a decidedly political note. A dozen local chiefs, resplendent in traditional Nigerian dress, nod approvingly as he calls for protection from the “terrorists” who have “made us refugees […]

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Aviation

Regulatory approval delaying international flights – Bi-Courtney ……. Punch

April 2, 2016 Omoniyi Osadare 0

Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two in Lagos, says the delay in the planned commencement of regional and international flights at the terminal is due to regulatory approval yet […]

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Security

No negotiation, no surrender, Boko Haram tells FG ……. Punch

April 2, 2016 Omoniyi Osadare 0

A new video was released on Friday by the Boko Haram jihadist group, denying any suggestion that it might negotiate with the Federal Government. This is coming just about a week after its leader, Abubakar […]

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CRIME

Bank customers lost N2.25bn to fraudsters in 2015– CBN ……….. Punch

April 2, 2016 Omoniyi Osadare 0

Bank customers lost the sum of N2.25bn to fraudsters in 2015 despite a significant fall in the value of financial frauds recorded last year, data from the Central Bank of Nigeria and the Nigeria Inter-Bank […]

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Economy

NNPC records N24bn loss in February ……. Punch

April 2, 2016 Omoniyi Osadare 0

The operational loss of the Nigerian National Petroleum Corporation grew from N3.55bn in January 2016 to N24.23bn at the close of business in February same year, latest figures from the firm’s financial report have shown. […]

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MEDIA

Radio Biafra back on air without Kanu …….. Punch

April 2, 2016 Omoniyi Osadare 0

Controversial radio station, Radio Biafra, has started streaming live across the Nigerian airwaves again without the leader of the Indigenous People of Biafra, Nnamdi Kanu. TheCable reported on Friday that the station was now live […]

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Business

Why Nigerians melt their gold jewellery in Dubai ……. BBC

April 2, 2016 Omoniyi Osadare 0

Dubai likes to describe itself as the city of gold – but many, including Nigerians, don’t just come here to buy new jewellery, they also bring their old necklaces and bracelets to be melted down […]

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Politics

Obama: Trump ‘doesn’t know much about foreign policy’ ……… CNN

April 2, 2016 Omoniyi Osadare 0

President Barack Obama said Donald Trump’s suggestion that Japan and South Korea should consider obtaining nuclear weapons demonstrates the Republican presidential front-runner’s lack of understanding about foreign policy and the world at large. “The person […]

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Business

Uber Expands in Africa as Users Seek Public Transit Substitutes ……. Bloomberg

April 2, 2016 Omoniyi Osadare 0

Uber Technologies Inc. plans to start operating in three new African countries by the end of June, extending its reach 2 1/2 years after introducing its ride-hailing service in the continent. The company is set […]

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Economy

Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era: Deputy Crown Prince …….. Bloomberg

April 2, 2016 Omoniyi Osadare 0

  Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets. Over a five-hour conversation, Deputy Crown Prince Mohammed […]

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Business

Time Inc considers taking on private equity partner for Yahoo bid ……. Reuters

April 2, 2016 Omoniyi Osadare 0

Time Inc (TIME.N) is considering partnering with a private equity firm on a bid for Yahoo Inc’s (YHOO.O) core Internet assets, according to people familiar with the matter, as the U.S. publishing company seeks to […]

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Politics

State Department halts review of Clinton emails at FBI request ……. Reuters

April 2, 2016 Omoniyi Osadare 0

The U.S. State Department has suspended plans for an internal review of whether classified information was properly handled in former Secretary of State Hillary Clinton’s emails at the request of the FBI, a spokeswoman said […]

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Aviation

Arik Air: We Have Not Increased Fares

April 1, 2016 Omoniyi Osadare 0

Allegations making the rounds that Arik Air has increased fares on the London Heathrow, New York JFK and Johannesburg routes are untrue. We wish to make it clear that we have not increased fares on […]

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Issues/Policy

Buhari is not fighting corruption – Aribisala

April 1, 2016 Omoniyi Osadare 0

Scholars and legal experts yesterday in Lagos disagreed over the war against corruption by the administration of President Muhammadu Buhari. The roundtable which was organised by the Department of Jurispudence and International Law tagged “Winning […]

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Issues/Policy

Biafran Struggle Attracts Foreign Countries By Chidi Nkwopara

April 1, 2016 Omoniyi Osadare 0

OWERRI—The sustained agitation for a sovereign state of Biafra appears to be attracting some attention from foreign countries, following the visit of the Phillippian Senate President’s aide, Lady Cynthia Esgurrna Touraha, to Owerri. Vanguard gathered […]

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Issues/Policy

NNPC withheld N824.7 billion oil revenue in 6 months of Buhari’s govt – Report | PremuimTimes

April 1, 2016 Omoniyi Osadare 0

A new report on Thursday said despite President Muhammadu Buhari’s attempt at ensuring transparency in the oil sector, the Nigerian National Petroleum Corporation, NNPC, still withholds billions in oil revenues from the government account. The […]

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Government

Recruitment of 10,000 Policemen Begins Friday | ThisDay

April 1, 2016 Omoniyi Osadare 0

The recruitment of 10, 000 policemen by the Police Service Commission begins nationwide on Friday. President Muhammadu Buhari had last year at the National Security Summit in Abuja directed the recruitment of 10,000 Nigerians into […]

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Economy

Why I won’t sign 2016 budget in a hurry — Buhari …. PremiumTimes

April 1, 2016 Omoniyi Osadare 0

President Muhammadu Buhari on Thursday explained why he would not hurriedly assent to the 2016 passed by the National Assembly. He said he would critically review the document before assenting to it, according to a […]

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