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In a bid to boost access to the $600m Nigerian Content Development Fund, the Nigerian Content Development and Monitoring Board and the Bank of Industry have launched a new fund for oil industry operators. The NCDMB described the $100m Nigerian Content Intervention Fund as a major step geared towards addressing the paucity of funding and […]

The Movement for the Emancipation of the Niger Delta, MEND, has confirmed President Muhammadu Buhari’s claim that the Federal Government was actually dialoguing with Niger Delta militants through the oil companies and law enforcement agents. Spokesperson of the group, Jomo Gbomo, in a press statement, said: “The Movement for the Emancipation of the Niger Delta […]

Kano was thrown into shock in the morning of Sunday, July 24, 2016, following the death of an illustrious politician and former Deputy Governor of Kano state, Engr Magaji Abdullahi. Magaji Abdullahi. Abdullahi, 69 was a grassroot politician and served as Deputy to Governor Ibrahim Shekarau between 2003-2007. A political aide to the late political […]

Senator Iyiola Omisore, the former Deputy Governor of Osun State may have settled for plea bargain in the money laundering case he has with the Economic and Financial Crimes Commission. The politician-businessman who lost the 2014 election to be governor of his state has agreed to refund the N1.310 billion given him by Colonel Sambo […]

Share on Facebook Tweet on Twitter Unconfirmed reports have it that The Akarigbo and paramount ruler of Rem Land, Oba Michael Adeniyi Shonriwo, the Erinwole iii has joined his Ancestors. The news of the demise of the grade 1 traditional ruler from Ogun east district filtered in early our of this Sunday the 24th of July 2016. Meanwhile heavy security presence […]Read More

The former Governor of Ogun State and Chairman Kresta Laurel Limited, Otunba (Engr.) Gbenga Daniel may join the race for the Chairmanship position of the People’s Democratic Party (PDP). Investigation by this newspaper revealed that stakeholders of the party at the national level have begin intensifying efforts to ensure the Business mogul clinch the position […]

By Chris at www.CapitalistExploits.at About 3 months ago I decluttered. Not the horrible kitchen cupboard which has everything from screw drivers to toothpicks, sea shells, and a hairbrush the dog chewed. I decluttered mentally. For the uninitiated or curious, you can read the background here. The results so far have shocked me. My productivity has quite literally blown […]Read More

An interesting observation in the weekly note by Eric Peters, CIO of One River Asset Management, who points out something we have touched upon recently: while stocks continue to soar in the face of one crisis after another, propelled by an endless amount of de novo liquidity…   … and yet with crises not “big […]

Source: ABN AMRO Website One of the largest Dutch banks, ABN Amro, has now warned its business clients a negative interest rate on the business accounts is in the works. The bank is currently updating its terms and conditions and will more specifically include its right to reduce the interest rates below zero as the […]

In the aftermath of the fallout from the DNC server hack, the Democrats have been scrambling how to redirect public anger (especially among Bernie Sanders supporters) from the revelations that not only did the Democratic party try everything in its power to sabotage Bernie Sanders presidential bid, but also colluded with various “impartial” media outlets […]

At least hundred stakeholders would assemble in the northern Nigerian state of Niger in the last week of July for what is described as a “positive educational transformation” in a state facing daunting educational challenges. Nigeria’s educational sector has been in state of comatose for decades, with schools filled with unqualified teachers, inadequate infrastructure, limited resources, poor […]Read More

As part of efforts to boost educational, cultural and business ties with the State of Kuwait, Sokoto government said it is making concerted efforts to benefit from the Arab country’s $1billion development fund set aside for intervention in critical social sectors in Sub Saharan Africa. Making this known when he visited the Kuwait Embassy in […]