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I will never return to PDP, says Obasanjo

Obasanjo

Chief Olusegun Obasanjo, has vowed never to return to the Peoples Democratic Party. This was what he told journalists after he met with the  National Caretaker Chairman of the party, Senator Ahmed Makarfi, behind closed-doors. The meeting was held at the Olusegun Obasanjo Presidential Library, Abeokuta, which lasted for one hour. The former president said, “I will never return to ...

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Johannesburg Stock Exchange suspends trading on Oando shares

oando

Following an exchange of correspondence between the Nigerian Stock Exchange (the primary Exchange on which Oando is listed) and the Johannesburg Stock Exchange, the latter has suspended trading on Oando shares. The action, which happened on Thursday, followed the NSE’s earlier suspension on the oil major as directed by the Nigerian capital market apex regulator – the Securities and Exchange ...

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We source 75% of raw materials locally – Guinness

guinness

The Managing Director/Chief Executive Officer, Guinness Nigeria Plc, Peter Ndegwa, spoke to STANLEY OPARA on the growth of the company amid the current economic realities in Nigeria Guinness Nigeria recorded 131 per cent increase in operating profit year-on-year for 2017 financial year. How was the company able to achieve this despite the state of the economy? Guinness Nigeria’s financial results were ...

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Police rescue kidnapped Catholic priest in Ebonyi

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The Ebonyi Police Command has rescued a Catholic priest, Rev. Fr. Timothy Nwanja, abducted by gunmen in Okpokueze Nkomoro community, Imoha Development Centre of Ezza North Local Government Area. The priest, who serves at St. Mary’s Parish in the area, was kidnapped by three gunmen at about 8.30pm on Sunday night at his residence. The state Police Public Relations Officer, ...

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Buhari’s failure pushing Atiku to contest in 2019 –Group

buhari

Former Vice-President Atiku Abubakar will be contesting 2019 presidential election because of the failure of President Muhammadu Buhari to deliver on the promises made to Nigerians by the All Progressives Congress, Atiku Support Group has said. The Director-General of the Atiku Support Group, Mark Wosi, said this on Friday, while confirming the intention of Atiku to contest the presidency in ...

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UK to deport 100 Nigerian students over debts

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More than 100 Nigerian students on scholarship in the United Kingdom universities could be deported home as early as this week except their fees are settled immediately, according to The Telegraph of London. The students are said to be sponsored by a regional agency and some of them are saddled with debts of up to £20,000. The name of the ...

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Africa has been undermined – Jacob Zuma

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The President of South Africa, Jacob Zuma, Saturday, said that the Africa continent has been undermined. Zuma stated this in Owerri, after the signing of Momoranda of Understanding, MOU, between Zuma foundation and Rochas Foundation of Africa. Just as he said that the liberation of Africa would be possible if the younger ones are adequately equipped educationally. The South Africa ...

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Government alone can’t fund universities – Osinbajo

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Vice-President Yemi Osinbajo says government alone cannot provide the kind of support required for universities to develop at the rate expected of them. He said a lot of the support had to come from alumni of the universities as well as the private sector. According to a copy of his speech made available to journalists on Saturday by his Senior Special Assistant on ...

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137th IPU: Saraki leads NASS delegation to Russia

saraki

A delegation of the National Assembly to the 137th Inter-Parliamentary Union Assembly, led by President of the Senate, Dr Bukola Saraki, departed Nigeria on Thursday to St. Petersburg, Russia, for the session. The Chief Press Secretary to Saraki, Mr Sanni Onogu, in a statement on Thursday in Abuja, said that the assembly would hold between Oct. 14 and Oct. 18. ...

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

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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

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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

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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’

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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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