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Share on Facebook Tweet on Twitter President Muhammadu Buhari has returned to Nigeria after attending a nuclear security summit in Washington DC. He will rest for a few days before travelling to China next week to sign a railways contract with the Xi government. Previous articleBreaking Video! Why I Masturbate, By Jane Langton Next articleSERAP […]

Buhari returning from D.C. on Monday Nigeria’s Socio-Economic Rights and Accountability Project (SERAP) on Monday called on President Muhammadu Buhari to “roll up his sleeves, exercise his authority as the Minister of Petroleum Resources” and find a solution to a lingering fuel scarcity “clearly exacerbating extreme/absolute poverty (and) stripping millions of Nigerians any real opportunity […]Read More

captives rescued from Boko Haram A woman being held hostage by Boko Haram terrorists in Borno State has given birth to a baby boy shortly after she was freed by Nigerian troops on Sunday, the Army said in a statement on Monday. Colonel Sani Kukasheka Usman , the Acting Director, Army Public Relations, said the […]

Year  Labour Productivity (N)  Labour Productivity ($)  2011 471.94 2.98 2012 551.7 3.51 2013 594.83 3.78 2014 639.34 3.77 2015 718.14 3.61 The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should […]Read More

Selling by ‘dividend capture’ investors – the practice of buying a stock on or before the qualification date in order to capture the dividend, then selling it immediately it goes ex–dividend – saw the market end the week lower. The selling pressure came in mainly from the Banks, with the likes GUARANTY, ZENITH & UBA […]

Share prices of companies get marked down on the first day of their period set aside for closure of register. The following companies are going to be marked down today. Sterling Bank – Sterling Bank released its 2015 FY results reporting an earnings per share of 36 kobo representing a 14% drop compared to the […]

We received this amazing video of Onitsha Captured with a drone by Aeroberry. According to, Rev Fr Gabriel Ezenwa who sent it to us via email, they explain that; The reason for this video is to emphasize the good things we have in Nigeria and Africa. I know there are some dirty and ugly places […]

Punch Dollar scarcity: Firms struggle to repay foreign loans:Nigerian companies, which are exposed to foreign loans, are in for hard times due to the lingering foreign exchange crisis. ANNA OKON writes that most of them are finding it difficult to service the loans Fuel scarcity likely to end in May –Marketers:Contrary to the pledge by […]

Three men have been arrested in Rivers State with 100,000 litres of illegally refined diesel costing a total of N20.4 million, the Nigerian Navy said in Port Harcourt on Sunday. Cdr. Ugochukwu Ajulu, who heads the Nigerian Navy Ship (NNS) Pathfinder’s Base Operations, told journalists in Port Harcourt, the state capital that the that three […]

Nigeria will get its first refinery under President Muhammadu Buhari this year, according to the Integrated Oil and Gas Ltd which said on Saturday that its $116 million modular refinery would commence production before the end of 2016. Speaking on the progress of work after conducting a tour of the refinery with journalists, the Group […]

The out spoken Governor of Ekiti State, Ayodele Fayose, has called on well-meaning Nigerians to prevail on President Muhammadu Buhari to stop what he described as his needless foreign trips. Fayose described Buhari’s trip to the United States of America on Wednesday for the 4th Nuclear Security Summit, “while Nigerians are suffering at home”, as […]

The Nigerian Army on Saturday announced the re-opening of the Maimalari Cantonment Mammy Market, Maiduguri, after three years it closed down due to insurgency. Brig.-Gen. Victor Ezugwu, General Officer Commanding (GOC), 7 Division of the Nigerian Army, Maiduguri, made the announcement at the launch of the Chief of Army Staff (COAS) Investment Initiatives for Barracks […]