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Africa

Kenya’s opposition leader, Odinga says October 26 poll will be illegal

kenya

Kenya’s opposition leader, Raila Odinga on Friday said his withdrawal from a presidential election rerun scheduled for Oct. 26 meant the poll had been “cancelled” and there should be fresh nominations for a new vote. Odinga said that based on a 2013 Supreme Court ruling, Kenya’s Independent Electoral Boundaries Commission now had 90 days to accept new nominations following his ...

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Buhari’s discussion with World Bank unsuccessful – Presidency

buhari

The Presidency on Friday said the reported discussion between President Muhammadu Buhari and the World Bank Group President, Jim Yong Kim, was deliberately twisted by those who it said specialise in such acts. Media reports had it that  Kim disclosed in Washington DC, United States of America, that  Buhari had requested a concentration of the bank’s intervention efforts in the northern part of Nigeria. ...

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I approved NNPC loans, not contracts – Osinbajo

osinbajo

Vice-President Yemi Osinbajo on Thursday clarified that what he approved for the Nigerian National Petroleum Corporation when President Muhammadu Buhari was away on medical vacation were financing loans and not contracts. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice-President made the clarification while answering reporters’ questions after the groundbreaking ceremony ...

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FG set to secure release of remaining Chibok girls – Osinbajo

osinbajo

Vice-President Yemi Osinbajo on Wednesday reiterated the commitment of the Federal Government to securing the release of the remaining abducted Chibok girls. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice President stated this when he received a delegation of girl child rights advocates from various schools in Abuja at the Presidential Villa to mark ...

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We’ll stand by Nigeria to defeat Boko Haram, UK assures

Boko Haram

The United Kingdom will continue to stand by Nigeria to defeat the Boko Haram terrorist group, the British Armed Forces Minister, Mark Lancaster, has said. Lancaster gave the assurance after visiting many military formations in the Northeast, where the UK military experts are providing specialised training for the Nigerian military in the counter insurgency campaign. The minister also met with ...

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FG plans finance scheme for new car buyers

Mechachic checking on a car

The Director-General of the National Automotive Design and Development Council, Mr. Jelani Aliyu, has said a fund will be established to be offered to Nigerians at low cost to finance their commercial fleets and cars. He said, “The programme is being re-designed to involve more Nigerian banks. It is expected that once this is launched, more Nigerians can afford more ...

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Man arrested for calling Mugabe ‘dead man walking’

mugabe2

A Zimbabwean activist has been arrested after calling 93-year-old President Robert Mugabe “a dead man walking”, lawyers said Wednesday, in the latest case of authorities cracking down on dissent. Sten Zvorwadza, the leader of a street vendor’s union, was charged with insulting or undermining the president in a press interview where he was also quoted as saying that Mugabe was ...

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UPDATE: Seven monkey pox patients recover fully in Bayelsa

monkeypox

Seven out of the 13 monkeypox patients on admission at the Niger Delta University Teaching Hospital, Okolobiri in Bayelsa have fully recovered, the state Commissioner for Information, Mr Daniel Iworiso-Markson, has said. The commissioner, in a statement on Wednesday in Yenagoa, said that the seven patients had been discharged from the hospital. The contagious disease broke out three weeks ago ...

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IMF concern over weakness in Nigerian banks

IMF

The International Monetary Fund on Tuesday expressed concerns over weaknesses in Nigerian banks and said that the situation might weigh on economic growth in the medium term. The IMF stated this in its World Economic Outlook report, which was released at its headquarters in Washington DC, United States. In the report, the IMF maintained that the Nigerian economy would grow ...

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Inflation to remain high in Nigeria next year – IMF

IMF

The International Monetary Fund has said it expects inflation in Nigeria and Angola to remain elevated at two-digit levels next year. The IMF said this would reflect the persistent effects of past inflationary shocks coming from sharp currency depreciations as well as higher electricity and fuel prices and, “in the case of Nigeria, reflecting the assumption that monetary policy will ...

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We’re using recovered looted funds to finance 2017 budget – FG

buhari

The Federal Government is using part of the stolen funds recovered from those that looted the economy to finance the 2017 budget, President Muhammadu Buhari has said. Buhari who spoke at the 22nd Annual Conference of the Association of National Accountants of Nigeria in Abuja on Tuesday was represented by the Accountant General of the Federation, Alhaji Idris Ahmed. He ...

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25-year-old Nigerian killed in South Africa

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The Nigerian mission in South Africa has confirmed the killing of a 25-year-old Nigerian, Mr Ibrahim Olalekan Badmus, a native of Lagos state. The killing occurred less than a week after Mr Jelili Omoyele, a 35 year –old cellular phone technician was shot dead at Doornfontein,   near Johannesburg. Mr Godwin Adama, Nigeria`s Consul General (CG) in South Africa, told the News ...

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Nigerian senators earn more than top World Government Officials — Oyebola

senate

The Initiator and Chairman, Movement for Nigeria’s Total Transformation, Chief Areoye Oyebola, has decried the non-responsiveness of Nigerian federal lawmakers to the widespread call for the downward review of their “monumental salaries and allowances.” According to Oyebola, the recent criticism of the federal legislators by the Chairman of the Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), was just ...

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Army raided Kanu’s home again, says brother

Nnamdi-Kanu

The Nigerian Army on Sunday raided the Abia home of the leader of the Indigenous People of Biafra, Nnamdi Kanu. He claimed that the soldiers, however, took away from the house items such as television sets, generator and clothes. He called on the international community to urge the army to stop raiding his father’s palace and to also account for ...

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Breaking: Super Eagles qualifies, ready for Russia

super-eagless

Super Eagles of Nigeria, Saturday trashed the fearless Chipolopolo of Zambia hence becoming the first African team to advance to Russia after taking an unassailable lead atop Group B. It will be their sixth World Cup finals appearance. The match which ended 1-0 doused the tension of many Nigerian fans. Arsenal’s Alex Iwobi’s fantastic short saw the Nigerian Super Eagles ...

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Political interference in NNPC operations poses risks — PwC

Oil

Political involvement in the management of the Nigerian National Petroleum Corporation can lead to rapid turnover in key staff, creating difficulties in ability to execute strategic initiatives, a new report by the PricewaterhouseCooper has said. The PwC report, entitled, ‘The new nation builders: Creating the African national oil company of the future,’ said the NNPC’s financial position had been a ...

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Vice President Osinbajo speaks on Nigerian economy at London summit

osinbajo

Vice President Yemi Osinbajo will be delivering the keynote address at this year’s Africa Summit, themed “What Makes Africa Work” taking place in London, United Kingdom on Sunday and Monday. According to a statement on Saturday by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Africa Summit hosted by the Financial Times of London is a ...

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Customs seize containers loaded with foreign rice

Nigerian Custom

The Nigerian Customs Service, Port Harcourt, Area II Command, has seized three containers containing hundreds of bags of foreign rice, which were falsely declared by an importer. The Area Controller of the Command, Comptroller Abubakar Bashir, explained that the NCS was able to discover the goods as a result of its resolve to embark on a 100 percent physical examination ...

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