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Integrity Not Enough To Run Nigeria The former running mate of President Muhammadu Buhari in the general election won by former President Goodluck Jonathan, Mr Tunde Bakare, says institutional reforms and constitutional amendments are required if Nigeria must overcome its systemic national challenges. The Convener of the Save Nigeria Group and Pastor of the Latter Rain […]

Share on Facebook Tweet on Twitter 450,000 Condoms To Be Distributed During The 2016 Rio Summer Olympics The International Olympic Committe have stated that 450,000 condoms (350,000 for males & 100,000 for females) along with 175,000 personal packets of lube, will be distributed during the the Rio De Janeiro Olympics. While the number of condoms […]Read More

The National Youth Service Corps was established in decree No. 24 of 22nd May 1973 with a view to properly encourage and develop common ties and to promote national unity in Nigeria. A view which became paramount after the Nigerian Civil war in a bid to reconstruct, reconsile and rebuild the country. This idea has […]

Share on Facebook Tweet on Twitter Popular Abuja-Based Pastor Gives Out 32 Cars As He Celebrates His Birthday Pastor Joshua Iginla, a popular Abuja based clergy man and the Senior Pastor of Champions Royal Assembly gave out 32 cars including 16 SUVs at his birthday celebration which held at his church premises yesterday May 23rd. […]

The Nigeria Labour Congress, NLC, led by Comrade Ayuba Wabba has announced the suspension of its protest over the hike in fuel price. The announcememnt was contained in a communiqué at the end of its congress meeting on Sunday. “NEC after due consultation with its constituents resolved to suspend with immediate effect, the action it […]

Ekiti State Governor, Mr Ayodele Fayose has banned grazing and rearing of cattle in the State, saying those interested in cattle farming should get their own private cattle ranch and that a bill to make movement of cattle from one location to another criminal in the State will soon be sent to the State House of […]

Dr. Ngozi Okonjo-Iweala,Former Minister of Finance,  has eventually reacted to the High Court ruling ordering her and the Federal Government  to provide information relating to N30 trillion allegedly unaccounted for. The court judgment followed the legal action entered against the Federal Government of Nigeria and Dr. Ngozi Okonjo-Iweala by the Socio-Economic Rights Agenda (SERAP) pursuant […]

Nigerian National Petroleum Corporation NNPC has been  accused through an audit report by the Nigeria Extractive Industries and Transparency Initiative of not remitting $3.8bn and N358.3bn to the Federation in 2013. This was disclosed by the  Chairman of NEITI, Kayode Fayemi, on Monday while presenting the 2013 audit reports of the agency in Abuja. Fayemi […]

When it comes to European stocks, Deutsche Bank has made up its mind: sell in May and don’t come back at all this year. In a note released overnight by DB’s Sebastian Raelder titled “No further upside for 2016: we downgrade our year-end Stoxx 600 target to 325” from 380 and currently at 338, cited […]Read More

It has now been a year since stocks hit a new all-time high. Hard to believe, but for all the gyrations and Central Bank interventions, the S&P 500 remains well below it all time high of 2130 established May 21 2015. Why does this matter? Because it greatly increases the odds of stocks entering a […]

So much for the huge China credit impulse spreading around the world. After this morning’s extremely disappointing European data, US Manufacturing’s flash PMI for May printed a disappointing 50.5 – its lowest since 2009.Under the surface the state of American manufacturing is even more disastrous as Markit notes, output is falling for the first time […]Read More

Because… fundamentals… Nothing says “Buy Oil” like the weakest US manufacturing PMI since 2009, dismal Japanese trade data, and the European economy collapsing. Chatter is that the catalyst for the move is a Genscape report showing an inventory draw at Cushing WTI had been sliding amid growing optimism for returning Canada production after weather relief […]