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  • Nigeria Police smash kidnapping syndicate In Kaduna

    The Nigeria Police Force has smashed a notorious kidnapping syndicate operating in Kaduna State, the Force said in a statement, adding that the operation was carried out by the Nigeria Police Force Intelligence Response Team. “Currently, six members of the syndicate have been arrested namely: (1) Kashimu Shehu ‘m’ aka Baliago (the gang Leader); (2) […]
  • Buhari Flying Again, This Time To Seek Cooperation Against Corruption At London Summit

    Buhari returning from D.C. on Monday President Muhammadu Buhari will on Tuesday, May 10, travel to London to participate in the international Anti-Corruption Summit which will be held in the British capital on Thursday, May 12, the Presidency said in a statement on Saturday. “As an internationally recognised leader in the global fight against corruption, […]
  • Fayose Hits “Irresponsible, Barbaric, Undemocratic” EFCC, Warns Nigeria In Danger Under Buhari

    Ayo Fayose (middle) Ekiti State Governor, Mr Ayodele Fayose, has described as “irresponsible, barbaric and undemocratic” the continued detention without trial of Mr. Warimopei Dudafa, a former Special Assistant on Domestic Affairs to ex-President Goodluck Jonathan and the invasion on Friday of the Abuja residence of former Minister of Aviation, Chief Femi Fani-Kayode. Under President Muhammadu Buhari, a […]Read More
  • Cameroon Launches Massive Offensive Against #BokoHaram, 7 Dead

    President Buhari making a presentation to Paul Biya, President of Republic of Cameroon and his wife Mrs Chantel Biya at the end of their 2 day state visit to Nigeria at the Transcorp Hilton Hotel Abuja on 4th May 2016 A joint military-civilian operation left at least seven members of Boko Haram dead on Saturday […]
  • Why We Bombed Again: Chilling Press Release From The Niger Delta Avengers

    The Niger Delta Avenger blew up a critical NNPC crude and gas pipelines feeding crude to the Warri and Kaduna refinery. The gas line feeds power generating plants that provides electricity to Lagos and Abuja. The militants explained the reason for the bombing in a chilling press release confirming that Tompolo’s refusal to apologise to them […]
  • See Buhari’s Plans For Nigeria’s SWF After It Posted 5.9% ROE

    President Buhari on Friday finally signed the 2016 Federal Budget which government officials believe will jump-start the Nigerian economy. The reason for this is the N434.4 billion provision for the capital projects to the Ministry of Works, Power and Housing. The government also promised to immediately release N350 billion for capital projects. Whilst this is […]
  • 700 Megawatts Guaranteed If This Hydro Plant Gets Completed

    Minister of Power, Works and Housing, Babatunde Fashola, has announced that Construction works has resumed at the site of the 700 megawatts (MW) Zungeru power plant in Niger State. Fashola announced this in Lagos, while delivering a paper titled “Nigeria’s Electricity Challenge: A roadmap for change”, at a public lecture. He said the Federal Government […]
  • One Listed Company That Could Immediately Benefit From The 2016 Budget

    President Buhari Friday signed the 2016 Federal Budget after a protracted period of budget padding, accusation, and counter accusations, negotiations and frustrations. The president announced that his government will be immediately injecting about N350 billion in infrastructure spending into the economy. He revealed that N200 billion will be set aside for road construction alone  from the […]
  • “We Are Starting Late”: Why 2016 Capex Budget Has Failed Already

    The Federal Government is already making excuses just hours after President Buhari signed the 2016 Budget. The Budget Minister Senator Udo Udoma disclosed to mainstream news reports that it will not be possible for the government to fully implement the 2016 budget. “Our aim is 100 percent implementation because the budget is a law that […]
  • These Groups Have Declared “War” Against Fulani Herdsmen

    The Punch on Saturday has reported that communities and pressure groups around the Southern Parts of Nigeria have declared war against the rampaging Fulani Herdsmen. The chilling report reveals conversation held with several groups threatening reprisal attacks against the Fulani Herdsmen. To buttress their threats, the Punch also reports that most of them have amassed […]
  • The Great Divergence: Nigeria vs. Kenya

    Nigeria is Africa’s largest economy and oil producer (though not for long if the Niger Delta Avengers have anything to say about that), while Kenya is East Africa’s biggest economy whose major exports are tea and flowers. Nigeria’s Stock Exchange the NSE has returned -10.75 % year to date (YTD), while Kenya’s main Stock index […]Read More
  • World’s Most Powerful Oil Minister Sacked

    King Salman of the Kingdom of Saudi Arabia on Saturday, sacked his oil minister Ali al-Naimi as part of a major cabinet reshuffle. Naimi was replaced by former health minister Khaled al-Faleh in the overhaul announced on Saturday in a series of royal decrees issued by King Salman. The Saudi monarch replaced the ministers in […]