NAIRA

Buhari is on right path

President and Chief Executive of the Dangote Group Alhaji Aliko Dangote said yesterday that the President Muhammadu Buhari administration was on the right path in the diversification of the nation’s economy. His assertion followed new policies implemented through the Ministry of Industry, Trade and Investment as well as Ministry for Solid Mineral Development. Dangote spoke at the ground-breaking c...[Read More]

Adeosun Unfolds Plan to Reset Economy

The Minister of Finance, Mrs. Kemi Adeosun, has said the government plans to reset Nigeria’s economy with structured borrowing, targeted investment and diversified growth. Adeosun, who spoke to journalists after a special event hosted by the Lagos Business School at the weekend, also said part of the cash set aside to finance some energy projects would be used to help fund the budget. “We have inh...[Read More]

Mark to Nigerians: Rise up against Barbarism, Insecurity

The immediate past Senate President,  Senator David Mark, has again tasked Nigerians to rise up against the unabating insecurity in the land  in order to stop the needless killings of country men and women. Mark noted that although insecurity had taken a global trend, Nigeria cannot afford to allow the challenges degenerate further to an  intolerable level. The former Senate president was speaking...[Read More]

Buhari tells leaders to mobilise followers against corruption, crime

ABUJA – President Mohammadu Buhari on Thursday called religious, political and community leaders in the country to rise against insurgency and corruption. The president spoke while declaring open the International Islamic Conference for Peace and Nation Building, organized by the Jama’atu Izalatil Bid’a Wa Iqamatis Sunna based in Nigeria and the Muslim World League in Abuja. The president who was ...[Read More]

Taming the monster of fuel scarcity

The Nigerian National Petroleum Corporation (NNPC) has designed an 18-month programme to delist Nigeria from the league of fuel importers and join the club of countries exporting refined products. In this report, JOHN OFIKHENUA examines the oil sector industry operation and how fuel scarcity became a familiar spirit to Nigerians. NIGERIA will be saving a whopping N1 trillion by not appropriating f...[Read More]

See How Governor Obiano Is Transforming Anambra

Anambra State capital, Akwa, is located midway between two major cities in Northern Igboland, Onitsha and Enugu which has informed its choice as an administrative center for the colonial authorities and today as a base for the Anambra State government. Things are changing as the state governor, Willie Obiano is engaging in massive infrastructure development in parts of the city. The pictures I saw...[Read More]

How Fani-Kayode, Falae, Others Shared N3.2bn Stolen From CBN

In the latest findings of the President Muhammadu Buhari’s anti-graft campaign, the EFCC has revealed how Femi Fani-Kayode, Achike Udenwa, Olu Falae, Usman Nenadi, Prof. Alikali, and other PDP members shared N3.145 billion wired from the Central Bank of Nigeria days to the March 28 election. Out of the largesse, Fani-Kayode got N840 million, Falae, chairman of SDP and crony of PDP strong manToni A...[Read More]

I Never Said Nigeria’s Economy Is Beyond Buhari’s Control – Lai Mohammed

Information Minister, Lai Mohammed has denied reports saying he said that Nigeria’s economy was beyond the control of the president. Mohammed in a statement by Segun Adeyemi his Speacial Assistant said he views while speaking on a radio show on Saturday was misrepresented and twisted and that he never said that the Nigerian economy had gone out of the control of the current administration led by P...[Read More]

Naira debate: Focusing on the big picture

This is the last in a six-part series that hopes to steer the current exchange rate debate away from uninformed analysis to one focused on facts, taken from economic theory, history, and evidence from Nigeria and other countries that have undergone periods of currency crisis. It is our hope that Mr. President will read these pieces and reconsider his stance on the Naira and the broader question of...[Read More]

Simon Kolawole: After wasting Nigeria for 16 years, the PDP is in no position to brand Buhari a failure

If I may quickly say this, I was not really a fan of Gen. Muhammadu Buhari until I read his interview in TheNEWS magazine some time in 1994 — nine years after he was overthrown in a coup by General Ibrahim Babangida. Questioned on the things he got wrong as military head of state, Buhari replied candidly (and I paraphrase): “We made mistakes, but they were genuine mistakes… we were in a hurry to c...[Read More]

Nigeria Is Part Of Islamic Coalition Against Terror, Buhari Admits

Nigeria has joined the Islamic Coalition Against Terrorism being organised by Saudi Arabia, President Muhammadu Buhari has said. President Buhari disclosed this during an interview transmitted at the weekend on an international satellite news channel, Aljareeza. President Buhari was responding to a question on whether Nigeria was part of the coalition and he answered: “We are part of it because we...[Read More]

Nigeria Won’t Tolerate Biafra-Buhari

President Muhammadu Buhari has insisted that Nigeria would not tolerate the agitation for Biafra, describing those agitating its creation as jokers. President Buhari’s defiant stance came on a day the South-East Based Coalition of Human Rights Organizations, SBCHROs, accused security forces of killing 80 members of the Indigenous People of Biafra, IPOB, and their supporters between August 30, 2015...[Read More]

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