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Former President Olusegun Obasanjo has thrown a bombshell to Nigerian President Buhari, saying that he is not sound in economic matters and as such may not do well in Nigeria’s economy. According to a report in Punch, Obasanjo a two times President of Nigeria also added that Buhari may not do well in foreign affairs, […]

Niger Delta Avengers Threaten To Blow Up Oil Blocs Belonging To Former Vice President, Others The British foreign minister, Philip Hammond has warned the President Mohammadu Buhari led Federal government in Nigeria not to use the Army in the fight against the Niger Delta militants in the South South region of Nigeria. Speaking to news men in Abuja, […]Read More

*Rotimi Amaechi accused of misappropriating £338m commission probing sale of state assets  *Also accused of diverting £140m  of state funds into Buhari’s presidential campaign When David Cameron was caught on camera last week before an anti-corruption summit describing Nigeria as ‘fantastically corrupt’, the African state’s president rallied to the Prime Minister’s defence by agreeing with him. […]Read More

EFCC has released the list of the  first batch of fuel subsidy suspects to be prosecuted in court. There are seven companies and 12 individuals…and they are: The companies: Nasaman Oil Services, Eternal Oil and Gas Plc, Ontario Oil & Gas Plc, Nadabo Energy Limited, Pacific Silver Line Limited, Axenergy Limited, and Fago Petroleum and […]

Alhaji Mohammed Lawal Balarabe who served as  adhoc Managing Director during the absence of Mr. Nnamdi Okonkwo, has been appointed  Deputy Managing Director of Fidelity Bank . The appointment, which is subject to regulatory approval, was announced over the weekend. Lawal Balarabe is a knowledgeable banker and has over 24 years’ experience in corporate, commercial and […]

To cushion the harsh effect of the new pump price of Premium Motor Spirt, PMS also called petrol on the people, the presidency is set to implement the N500 billion earmarked in the 2016 budget for social welfare. A statement by Mr. Laolu Akande, spokesperson for Vice President Yemi Osinbajo, on Sunday stated “All together […]

The Kwara State Polytechnic, Ilorin, plans to re-open its radio station, to serve as source of information to its host communities. The Rector of the Institution, Masud Elelu, told journalists on Sunday in Ilorin that “Radio Polytechnic” was shut down in 1982. “My administration decided to revamp it for the purpose of disseminating information within […]

…Says Labour Already Compromised The Conference of Nigeria Political Parties (CNPP) has warned Nigerians not be deceived again ahead of planned industrial action by the organised labour over increase in pump price of petrol. CNPP equallly urged Nigerians not to trust the Labour unions as they have been compromised, saying that the planned strike action […]

A socio-political organisation, Kogi Emancipation Network (KEN) on Sunday called on Governor Yahaya Bello of Kogi State, to beware of his antagonists and moles especially those “greedy and selfish enemies within the All Progressives Congress (APC) who are impervious to positive change.” The organisation therefore demanded the sack of Alhaji Hadi Ametou-led APC State executives “for working against the party […]Read More

Via The Mises Institute, From The Quotable Mises, Ludwig von Mises’s best nine quotes on gold and the gold standard: 1. Every nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard. Source: Omnipotent Government 2. The gold standard has one tremendous virtue: the quantity of the […]

Over the past several days, things in Venezuela have not only taken a palpable turn for the worse, but now seem to be moving at an accelerating pace toward the inevitable endgame for the Maduro regime and whatever happens next. As we reported on Friday night, following dramatic scenes of violence in the streets, things […]

Imagine a world in which the chief of a central bank didn’t have access to cash. Libyans waited to withdraw money from an ATM. A currency shortage has roiled the country, which is struggling with an Islamic State insurgency Now stop imagining and take a look at the situation in Libya, where the central bank […]