Remove fuel subsidies, save $5.2tr, IMF tells Nigeria

The International Monetary Fund (IMF) has advised Nigeria to remove fossil fuel subsidy and deploy savings from the scheme to fix social infrastructure. The IMF Managing Director, Christine Lagarde, gave the advice... Read more »

Sometimes, we are a free but self-defeated peoples (1)

Agozino Agozino is a mellifluous name. It is one of those names that sounds Italian, Spanish or of any of the great rhythmic languages of the world. But it is Igbo. Perhaps,... Read more »

Easter: NNPC promises adequate supply of petroleum products

The Nigerian National Petroleum Corporation (NNPC) has assured the public of adequate supply of petroleum products during the Easter celebration. The Group Managing Director of the corporation, Dr. Maikanti Baru, gave the... Read more »

Nigeria evacuates whole town to screen for Boko Haram members

Nigerian soldiers have evacuated the entire population of a town in the north-eastern insurgency-hit state of Borno without warning. The military said people were evacuated ahead of operations, but residents of Jakana... Read more »

Nigeria’s debt-to-GDP ratio is risky, says IMF

The International Monetary Fund (IMF) said yesterday that Nigeria’s Debt-to-GDP ratio though good but risky and cannot be guaranteed going forward. Debt-GDP ratio compares the size of a country’s debt to its... Read more »

Osinbajo wants CBN, NDIC to take over N-Power, Tradermoni, others

Vice President Yemi Osinbajo has urged the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation to take over funding and management of N’Power, Trader Moni, Market Moni and other... Read more »

British police arrest Assange after 7 years in Ecuador embassy

WikiLeaks founder, Julian Assange, has been arrested by British police and carried out of the Ecuadorean embassy after his South American hosts abruptly revoked his seven-year asylum. This had paved the way... Read more »

S/Court dismisses APC, Tonye Cole’s appeal over Rivers poll

The All Progressives Congress (APC) and its factional governorship candidate in Rivers State have both lost their appeals praying the supreme court to make them participate in the 2019 general election. The... Read more »

Sudan’s al-Bashir arrested, coup-plotters announce two-year military rule

Omar al-Bashir, Sudanese President for 30 years until Wednesday, has been arrested, Defence Minister Awad Mohamed Ahmed Ibn Auf has confirmed. Addressing the Sudanese people on Thursday afternoon, Ibn Auf said al-Bashir, who... Read more »

Angry Tory MP tells Theresa May to resign over Brexit delay ‘surrender’

Veteran Eurosceptic, Sir Bill Cash, has urged the Prime Minister to quit after EU leaders agreed another delay to Britain’s departure from the European Union. The PM and her 27 EU counterparts... Read more »
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