The sting of low oil prices has forced Nigerian president Muhammadu Buhari to seek help from the International Monetary Fund, according to Reuters. The president plans to boost spending to stimulate the economy, but Nigeria will need help from the organization to do so. The government plans to borrow up to 900 billion naira to […]
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The Director-General of the Lagos Chamber of Commerce and Industry, Mr. Muda Yusuf, in this interview with GBENRO ADEOYE, says government’s capacity to meet financial obligations will be greatly constrained in 2016, The Punch report. What do you make of the 2016 national budget as presented by President Muhammadu Buhari? Although the details of the […]
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GOVERNOR Olusegun Mimiko of Ondo state has granted pardon to 14 prisoners serving various jail terms in the state. Information Commissioner, Kayode Akinmade said this in a statement issued and signed in Akure yesterday. Akinmade said that it was to mark the 2016 new year celebration. According to him” 14 prisoners serving different jail terms […]
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Some residents of Lagos on Friday expressed bitterness over the incessant use of fireworks, which they alleged, were causing them sleepless nights during the New Year celebration. According to The Nation, the residents in separate interviews told NAN that it was a violation of their fundamental human rights for some people, under the guise of […]
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MOTUNRAYO JOEL of the punch writes that Nigeria, Africa’s most populous nation of 170 million people, has only two functional radiotherapy machines in government hospitals It was early in the morning but the wall clock in the ward read 7pm. This dusty clock was not the only dead device in the radiotherapy unit of the […]
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John Donnachie is the Managing Director/ Chief Executive Officer of Ibadan Electricity Distribution Company. In this interview with STANLEY OPARA, he spoke on the metering scheme and prevailing challenges in the power sector, among others, ThePunchNg report. How has the IBEDC fared in the era of privatisation? It has been quite an experience in the […]
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Mr David Emmanuel, an expert in agriculture and environment, has warned that climate change is depleting the soil nutrients needed for the cultivation of high quality food crops. Emmanuel made this known in an interview with the News Agency of Nigeria (NAN) in Lagos on Friday. According to him, it is important for stakeholders to […]
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Shocking revelations were introduced to the one percent payment sage allegedly authorized by the Central Bank Governor, Godwin Emefiele, as the apex bank boss, shocked the Senate that he was not aware of any remittance charge placed on every transfer into the Treasury Single Account (TSA) by REMITA. He claimed he became aware of it […]
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Nigerians should perhaps wait for the National Assembly to complete the process on what has now been termed the social media bill. When they are done, Nigerians should counter that ridiculousness by declaring a Abuse-Your-Senator day. A day dedicated to posting “abusive statements” against lawmakers on every medium that makes up the social media network. […]
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Heightened pro-Biafra protests in Southeast Nigeria are largely a byproduct of the political insensitivity of the ruling APC in selecting a heavily divisive flag bearer- President Buhari. How can Buhari be more effective at addressing the ethnic and religious sentiments in the country? They may be draped in its flag and chanting its songs of […]
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Johnson Chukwu, Managing Director and Chief Executive Officer of Cowry Asset Management Limited, is a household name in the nation’s financial sector. His passion for financial matters has taken him far and wide as a banker and financial consultant. He spoke with Daily Trust on the state of the nation’s economy, the financial sector and […]
Read More LAGOS—As the world yesterday marked the 2015 World AIDS Day, World Health Organisation, WHO, has said that the only key to ending the AIDS epidemic within a generation remains the expansion of Antiretroviral Therapy, ART, to all people living with HIV. Meanwhile, a member of the Lagos State House of Assembly, Mr. Segun Olulade has […]
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