The naira has remained stable at both the official and parallel markets despite huge campaign spendings by political parties, The Nation learnt yesterday. The stability of the local currency was linked to measures instituted by the Central Bank of Nigeria (CBN) and the Association of Bureaux De Change (BDC) Operators of Nigeria (ABCON) to ensure that foreign […]
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Nigeria loses $6bn from ‘corrupt’ oil deal linked to fraud
A court in Milan is considering charges of corruption against Eni and Shell in a controversial oil deal that led to Nigeria losing an estimated $6bn. The campaign group Global Witness has calculated the OPL 245 deal in 2011 deprived Nigeria of double its annual education and healthcare budget. Eni and Shell are accused of […]
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Nigeria 2019: Obasanjo, Jonathan, governors storm Yola for Atiku
Former Presidents Olusegun Obasanjo and Goodluck Jonathan joined some Peoples Democratic Party governors to visit the palace of Lamido of Adamawa in Yola on Sunday. Those present at the meeting said Mr Obasanjo showered praises on Atiku Abubakar, his previously estranged vice president with whom he had reconciled since becoming the candidate of Nigeria’s main […]
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Mugabe can no longer walk, says Zimbabwean president
Zimbabwe’s ex-leader Robert Mugabe is in Singapore for medical care and now unable to walk because of ill health and old age, President Emmerson Mnangagwa said on Saturday. Mnangagwa told his ZANU-PF party supporters at a rally that the 94-year-old Mugabe had been receiving medical care in Singapore for the past two months. “He (Mugabe) […]
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My cabinet, the best in Nigeria’s history – Jonathan
Former President Goodluck Jonathan says no Nigerian leader till date has been able to assemble “a star-studded” cabinet as he did while in office. He believed his cabinet was full of achievers and people who he said got to the top of their chosen fields based on merit. Jonathan said this in his book, ‘My […]
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I regret joining APC, says Atiku
Former Vice President and presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has apologised for joining the groups, who came together to form the All Progressives Congress. He said the apology had become necessary because of the sufferings Nigerians had been subjected to in the last three and half years from a party he […]
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9.4m people living with HIV unaware — UNAIDS report
A new report, ‘Knowledge is Power’, has revealed that an estimated 9.4 million people who are infected with HIV virus are not aware. According to the report, released by UNAIDS, 75 per cent of all people living with HIV or 27 million people, know their HIV status. The report called for increased efforts to reach […]
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Problem with Nigeria is finding upright men in authority – Osinbajo
The Vice President, Yemi Osinbajo, says that the problem with Nigeria is finding upright men in positions of authority. Mr Osibanjo, a pastor, said this on Friday in Enugu during a book presentation by former governor of Enugu State, Mr Sullivan Chime. The vice president said the widely held belief that the problem with the […]
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Paris Hilton Takes Off Chris Zylka’s $2.2 Million Engagement Ring
After E! News confirmed Monday that Paris Hilton has called off her wedding to Chris Zylka, the 37-year-old socialite surfaced Down Under at Melbourne Airport Thursday looking totally fine, all things considered. Flashing a big smile for the paparazzi, she made no attempt to hide the fact that she’s no longer wearing her engagement ring from the 33-year-old Leftovers star. Hilton, who […]
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Mom sells 6-year-old daughter so family can eat
An unprecedented drought in Afghanistan has led to families selling their children just to be able to feed their households. CNN has spoken to multiple families around the western city of Herat who have been forced from their homes because of a record dry spell that, according to the United Nations, has forced more people […]
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Central Bank of Nigeria backs Labour on minimum wage
The Central Bank of Nigeria, CBN, has thrown its weight behind organised labour’s quest to increase the minimum wage, saying that it would boost the economy. CBN Governor, Mr. Godwin Emefiele, disclosed the apex bank’s position while briefing the press on the outcome of yesterday’s Monetary Policy Committee, MPC, meeting, in Abuja. Emefiele, who warned […]
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Nigeria now more corrupt than under me – Jonathan
Former President, Dr. Goodluck Jonathan has lampooned the ongoing anti-graft war being waged by President Muhammadu Buhari as a mere media show, saying there is more corruption in Nigeria now than under his administration. He claimed that he handed over a $500 billion, vibrant economy to President Buhari and lamented that his successor plunged the […]
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Drogba confirms retirement from playing
Chelsea legend Didier Drogba has confirmed his retirement from playing, ending “an amazing 20 years”. The Ivory Coast striker, 40, had two spells at Chelsea, scoring 164 goals in 381 games and winning four Premier Leagues and the 2012 Champions League. He spent the last 18 months of his career with US side Phoenix Rising, […]
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SGF to Igbo: Endorse Buhari now, get presidency in 2023
Boss Mustapha, secretary to the government of the federation, has asked the south-east to endorse President Muhammadu Buhari’s re-election bid in order to secure the presidency in 2023. Mustapha was speaking to journalists after the meeting between Buhari and the south-east governors at the presidential villa on Wednesday. On whether Buhari used the opportunity to […]
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12 million Nigerians became farmers in two years – Buhari
President Muhammadu Buhari says 12 million Nigerians have ventured into rice production in the last two years. Buhari, who was represented by Audu Ogbeh, the minister for agriculture, made this known while speaking at the 4th Nigeria Rice Investment Forum in Abuja on Wednesday. “The impact of our interventions in the rice sector has resulted […]
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Internet flogging and the cry of the ruling elite – By Okechukwu Nwafor
Inundated by the verbal and visual lashings concerning Jubril from Sudan, the Nigerian Social Media have recently become a polemically charged space. Nnamdi Kanu sufficiently marshals out ‘his evidence’ to prove that someone else is masking Buhari in Aso Rock. To Buharists, and to certain highbrow senses, his arguments would rather fit well inside the […]
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Keep off Nigeria, ex-British minister tells investors
A former Secretary of State for International Development of the United Kingdom, Priti Patel, has warned investors to be wary of investing in Nigeria. In an op-ed for City A.M., Patel, who is a member of the British parliament, claimed that President Muhammadu Buhari was not in the habit of obeying law and court orders. Patel […]
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To Counter Tribalism, Bosnia Swears in Three Presidents
Bosnia swore in its three new presidents on Tuesday, with all eyes on Serb nationalist Milorad Dodik, who will be the first to take the helm of a government driven by ethnic divides. The three men will rotate seats every eight months under the complex peace deal that ended Bosnia’s 1990s war and split power […]
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November 26, 2018 




