Truth be told: if Nigeria were some ideologically-driven polity, Lagos and Cross River, at near extreme ends of Nigeria’s southern coast, would be proud beacons for the left and the right. Lagos, bastion of progressivism, […]
Apart from the issue of oil subsidy, no other subject has enraged and infuriated Nigerians more than the issue of the jumbo salaries and allowances of the members of the National Assembly. Yet, in spite […]
After being sworn-in as Nigeria’s President on May 29, President Muhammadu Buhari inherited not only a deeply-divided country but one that faces a highly uncertain economic future. Oil, on which Nigeria’s economy depends for the […]
As mind-boggling revelations of corrupt practices continue to dominate newspaper headlines and more of our stolen resources are being unearthed, I have become indifferent to news about corruption. I have also resolved not to listen […]
MORE than five years after its establishment, the Asset Management Corporation of Nigeria appears to have lost its focus. While similar institutions elsewhere have fulfilled or are fulfilling their mandates, ours appears helpless to recover […]
Hillary Clinton’s stump speech has gone to the dogs. Not really. But Clinton told a colorful story on Monday in Reno that ended with the former secretary of state barking like a dog. Clinton was […]
Iron tablets, taken by millions of people could damage the body within just 10 minutes, a study has warned. This is the findings of a new study published in the peer-reviewed science journal PLOS One. […]
Members of the Senate met separately at various caucus levels on Monday to discuss the fate of Senate President Bukola Saraki, who is to resume his trial at the Code of Conduct Tribunal over alleged […]
Nigerian President Muhammadu Buhari’s 2016 budget proposals are riddled with errors and provisions that may undermine his anti-graft war, civic groups say. In some instances, the same purchase of vehicles, computers and furniture are replicated […]
Oil prices surged to their highest levels in more than a week as news of a meeting of top officials from the world’s biggest oil producers spurred speculation of an eventual deal to tackle a […]
“It should thus be avoided immediately before it gains ground within the corridors of power. It is a kite the congress and the generality of workers will not want to see fly in this circumstance. […]
The naira, yesterday, suffered its biggest daily depreciation against the dollar as it exchanged for N345 to a dollar in the parallel market. This represents N20 depreciation when compared with the closing exchange rate of N325 […]
President Muhammadu Buhari has approved the appointment of Tijjani Abdullahi as the new Director-General in charge of the Budget Office of the Federation. The President also approved the appointment of Ben Akabueze as the Special […]
A yellow fever outbreak in Angola has killed 51 people, in the first epidemic of the disease to hit the country in 30 years, official statistics showed on Monday. A total of 241 people were […]
Only on the streets of cities like Cairo, Abuja or Tashkent can you gauge just how much pressure developing countries are under to ease controls on their currencies. Individuals and businesses in five nations across […]
As an orphan, Adhiambo shuttled between the homes of relatives in one of Nairobi’s poorest neighbourhoods during school holidays. One of those trips, in December 2007, ended in violence. She was gang-raped by about 10 […]
European Union foreign ministers said on Monday they were prepared to strengthen economic sanctions on Burundi following the failure of talks to end a political crisis in the Central African country in which more than […]
Zimbabwe aviation authorities have impounded a US-registered cargo jet after a dead body believed to be a stowaway and millions of South African rand were found on board. The Herald, a state-run newspaper, reported that […]
Oil prices were steady on Monday, holding on to last week’s gains on speculation that OPEC might agree to cut production to reduce a supply glut that has pushed prices to the lowest in over […]
Opposition leader and presidential candidate Kizza Besigye has been released after being briefly arrested by Ugandan police for leading a procession of supporters in the capital, Kampala. The arrest of the leader of the Forum […]
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