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In recent years, education in northern Nigeria has reached a point of collapse. Sokoto, my home state, is one of the states most affected. To lend some perspective: In 2015, the National Universities Commission (NUC) ranked Usmanu Dan Fodiyo University Sokoto (UDUS) and Sokoto State University (SSU) 82nd and 104th in Nigeria respectively. Encouraging however, […]

Femi Fani-Kayode The Economic and Financial Crimes Commission on Tuesday arraigned  Nenadi Esther Usman, a former Minister of Finance and Director of Finance PDP Presidential Campaign Organisation in the last general election;  Femi Fani-Kayode also a former Minister and Director Media/Publicity of the PDP Presidential Campaign Organization; Danjuma Yusuf and Jointrust Dimensions Nigeria Limited before […]

Last week, Union Dicon Plc (UDS) announced it had struck a deal with the Federal Government to that it was replacing Cargill as the core investor in the $100m Alape Staple Crop Processing Zone in Kogi State. While the government did not provide details of how much UDS was going to invest it did express delight […]

A total of 12,279 fraud cases were reported in 2015, representing an increase of 15.71% over the 10,612 fraud cases reported in 2014, according to the NDIC 2015 annual report released today. The amount involved was N18.021 billion the NDIC said. The actual loss sustained in respect of internet banking fraud was N857 million, representing 27% of total […]Read More

Note: “Buy” refers to the rate you pay if you want to buy forex. “Sell” is the rate that you sell to parallel market operators. Our rates are obtained from black market operators on the mainland and the island of Lagos. We prefer to publish the higher of the two. Dollars Buy   – N350 […]

A lot of interest have understandably been shown by Nigerians since the new foreign exchange rate policy was introduced. From those looking to fund their domiciliary accounts to those seeking to transfer money abroad to their wards, friends and family. Details have so far been sketchy for a lot of people increasing the confusion out […]

The Minister of Power, Works and Housing, Mr. Babatunde Fashola has said Nigeria needs a full audit of electricity consumers in the country, through a comprehensive national census exercise to be able to plan and deliver steady electricity to homes and industries. He said it would be impossible to provide steady power supply without a […]

The Nigerian Electricity Regulatory Commission (NERC) has given the 11 electricity distribution companies (Discos) in Nigeria a four-month deadline to provide meters to all the maximum demand (MD) consumers under their networks or face sanctions. The commission said it was acting in line with the agreement it reached with the Discos on the metering conditions […]

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Mr. Waziri Adio has explained how the Department of Petroleum Resources (DPR) undervalued eight Oil Mining Leases (OMLs) belonging to the Nigerian National Petroleum Corporation (NNPC). Speaking recently when he visited the Corporate Head Office of THISDAY in Lagos, Adio said DPR valued NNPC’s […]

he level of civility and passion involved in the Bretix referendum is in many ways awe inspiring. While Bretix is not without its challenges, it is reminiscent of the fact that people have the rights to self-determination regardless of their geopolitical affiliations. The big lesson here is that any ethnic nationality should be able to exit any […]

any people question my patriotism because I tolerate the Biafranists on my discourse. While Biafra is not the objectives of my discourse, Biafra is a legitimate voice of dissent to the continued failures of the Nigerian state. The Biafra quests are a sincere expression of the deep-seated, over pressured, growing, and dangerously active seismic faults […]

A judge in a federal capital territory high court, Justice Yusuf Haliru, has granted Senate President Bukola Saraki and three other defendants arraigned Monday, June 27, 2016 by the federal government on forgery charges conditional bail. Justice Haliru ordered that Saraki, Deputy Senate President Ike Ekweremadu, and the other two defendants are to provide two reasonable […]