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  • 7 – 2016-05-20 16:26:31 –

    President Muhammadu Buhari has sacked Mr. John Kennedy Opara as the Executive Secretary of the Nigerian Christian Pilgrims Commission. His sack was announced in a statement issued by Secretary to the Government of the Federation, Mr. Babachir David Lawal. “The decision was with effect from Thursday, May 19, 2016” Lawal, said. The terse statement read, “His Excellency, President Muhammadu Buhari, GCFR, […]Read More
  • Breaking! #BokoHaram Sets More Than 30 Houses On Fire In #Cameroon

    At least 30 houses have been set on fire in Cameroon by Boko Haram, a reliable newspaper is reporting. Local newspaper, L’Oeil du Sahel, said the 30 houses were set ablaze on Friday in Tourou, an area in Cameroon’s far north along the border with Nigeria. The casualty figure was not known at the time […]
  • Nigeria Records First Negative GDP Growth Rate Since 1995 (-0.3%)

    The National Bureau of Statistics had released its latest GDP figures for the first quarter of 2016 confirming that in the First Quarter of 2016, the nation’s Gross Domestic Product (GDP) slowed by -0.36% (year-on-year) in real terms. This was lower by 2.47% points from growth recorded in the preceding quarter and also lower by […]
  • Nigerians “Jollof” As Entertainment GDP Grows 8%

    The National Bureau of Statistics released its 2016 First Quarter GDP results revealing a negative GDP growth rate of -3%. It was Nigeria’s negative GDP growth rate since 1995. Nearly all sectors recorded negative GDP growth rates while some remained in a deep recession. Despite the gloomy numbers, the Arts, Entertainment and Recreationsector recorded a […]
  • 3 – 2016-05-20 10:22:18 –

    Asiwaju Bola Ahmed, national leader of the All Progressives Congress, took the unusual step Friday of intervening in the Nigeria Labour Congress protest by visiting the NLC leaders right in their Labour House in Abuja, to appeal for an end to the strike. Tinubu, accompanied by some officials of the APC and Governor Rauf Aregbesola, […]
  • “Ugly Outcomes” Loom As Fed Suppression Forces Long Term Economic Repression

    Submitted by Eugen von Bohm-Bawerk via Bawerk.net, The Federal Reserve really wants to raise rates, but they do not dare as the consequence of interrupting an unprecedented level of capital misallocation is too grave to face head on. So our money masters continue their low interest rate policy; pulling society further and further into a […]
  • Over 37 Investors Jostle To Take Over Refineries

    Minister of Information, Lai Mohammed on Thursday, informed newsmen that over 37 investors had expressed interest in running the nation’s refineries. This follows government’s decision to liberalize the downstream sector of the petroleum industry. Mohammed also disclosed benefits from this decision adding that it will save 400,000 jobs and further create 200,000 more. The minister […]Read More
  • 36 State Governors Struggle to Access $4.25 Billion World Bank Funds

    The Governor’s Forum is making efforts to access ‎$4.25 billion earmarked by the World Bank for states’ development. Chairman of the Nigerian Governors’ Forum, Abdulaziz Yari‎ of Zamfara State said the Country Director of World Bank, Rachid Benmessaoud‎ has educated the governors on how they could access ‎$4.25 billion earmarked by the World Bank for […]Read More