Nigeria’s external debt stock profile stood at $9.4 billion on March 31, this year, the Debt Management Office (DMO), information posted on DMO said yesterday.
After winning the last presidential election, monitors say the crisis currently rocking the All Progressives Congress (APC) was expected given its popular tag as a “marriage of strange bedfellows”. EDEGBE ODEMWINGIE reports that the crisis is fueled by a supremacy battle among three political power blocs struggling to shape the workings of the present administration vis-Ã -vis political posturing towards 2019.
The Nigerian National Petroleum Corporation, NNPC, generated about N8.1trillion between 2012 and May 2015, but paid only N4.3trillion to the federation account.
The Senate President, Senator Bukola Saraki, and the Speaker of the House of Reps, Hon. Yakubu Dogara, on Monday described as baseless a statement by the former All Progressives Congress National Chairman, Chief Bisi Akande, that their elections on June 9 were sponsored by oil barons.
The National Economic Council, chaired by Vice-President Yemi Osinbajo, on Monday accused a former Minister of Finance and Coordinating Minister of the Economy under Goodluck Jonathan, Dr. Ngozi Okonjo-Iweala, of spending $2.1bn from the Excess Crude Account without authorisation.
The battle for the control of the National Assembly may be long drawn as the leadership of the APC has once again insisted on removing the Deputy Senate President, Ike Ekweremadu, of the minority PDP.
Zimbabwe’s 90-year-old president, Robert Mugabe, has challenged President Barack Obama by asking for his hand in marriage. His comment comes at the back of the legalization of gay marriage in the United States by the Supreme Court.
Being a A 19-year-old is what makes it scary! A 19-year-old student accused of defrauding several people using a fake Facebook account in the name of Sen. Bola Ahmed Tinubu has pleaded not guilty in court.
It was reported that a woman died at the scene of an accident in the 13000 block of Wallisville Road in Northeastern Houston, United States of America.
There are several ways Nigerians loose money on a daily basis , while some are unavoidable others are, below is a list of the top ten ways Nigerian loose money and why. 1. Unnecessary Parties It is estimated that Lagosian’s spend close to 40 billion Naira annually on parties alone . Most analyst have argued that most of these parties are completely unnecessary and most times do not add value to either the host or the guests.
Facebook has opened it's first office in Africa to further the company’s commitment to help businesses connect with people and grow locally and regionally. Based in Melrose Arch, Johannesburg, Facebook’s newest business office will be headed by Ogilvy veteran, Nunu Ntshingila, the company’s new Head of Africa.
Jeffrey Hawkins will next month bow out of Nigeria as the United States (U.S.) Consul-General. Hawkins, who was appointed in 2012, is on the way to the Central African Republic (CAR), subject to U.S. Senate’s approval. In this interview with OLUKOREDE YISHAU, he speaks on the leadership crisis in the National Assembly, Boko Haram, possible visit of President Barack Obama to Nigeria, visa administration and the Nigerian political class.
It's people who are broke that are moved by money and they always want to spent to show off. If you are a truly wealthy man, at heart or in your bank accounts, you will just see yourself living a simple life.
The Speaker of the House of Representatives, Mr. Yakubu Dogara, on Sunday said that a court process instituted by 30 All Progressives Congress members stopped him from acting on a letter from the party’s leadership, nominating four principal officers for the lower chambers of the National Assembly.
For those that are eager to hear President Muhammadu Buhari name his cabinet members, they will have to tarry awhile because the President’s cabinet members may not be announced untill the end of August or early September.
The Presidency, through the National Salaries, Incomes and Wages Commission, has instructed the Vice-Chancellor of the Federal University, Otuoke, Bayelsa State, Prof. Mobolaji Aluko, to refund over payment of salaries running into millions of naira.
Time for action..... According to Sahara Reporters, President Buhari has ordered Nigeria’s security agents to arrest his brother-in-law for allegedly extorting money from an unnamed businessman.
The Presidency has reacted to PDP's statement that the last 30 days under President Muhammadu Buhari for Nigeria has been a period of all motion and no movement.
Sahara Reporters has made more shocking revelation on it's Facebook page. It alleged that Senate President Bukola Saraki looted a bank into liquidation.
After an evaluation of the first 30 days of President Muhammadu Buhari and All Progressives Congress’ administration, the Peoples Democratic Party says it has become obvious that Nigerians need to join hands in prayers to save the government from further inaction and dithering. President Buhari assumed office on May 29, 2015.
Numbering the second time, the President of the Federal Republic of Nigeria Muhammadu Buhari, following latest attacks on Borno and Yobe by Boko Haram, vowed to crush members of the terrorists to the last man.
Bank Verification Number, BVN, is a CBN initiative to check fraud in the banking system by giving every customer in the Nigerian banking system a unique identification number. However, the CBN States that the bvn registration which in past week has caused a huge congestion in our banks Nationwide will close today (30th of june, 2015). Streetgist correspondent who visted some banks in ogun state and lagos state learnt that Huge congestion hit 75percents of bank… Photos from Gtbank ,zenithbank fidelitybank and Firstbank
Jovago, Africa’s largest hotel booking portal, makes landmark contributions at the first e-commerce exhibition and seminar, organised by the Ideas Hub in Lagos over the weekend. The programme tagged ‘eCEX’ which brought together the disruptive thinkers across the information technology and trade sector had participants explore the nation’s internet opportunities as well as chart a course to tap into the burgeoning growth expected.
The senior pastor of Champions Royal Assembly, Kubwa, Abuja, Joshua Iginla, on Sunday gave out 22 cars and millions of naira ranging from N50,000 to N500,000.
Actor Odunlade Adekola has joined the list of celebrities balling with giant telecommunication, Globacom. The actor who has just been showcased as one of the new faces of Glo ambassador took to his Instagram page to share his excited news with fans;..
Barely 48 hours after President Muhammadu Buhari dissolved the board of Nigerian National Petroleum Corporation (NNPC), intense lobby has begun to fill the positions of the Group Managing Director (GMD) and those of Executive Directors, Daily Sun has learnt.
Hoodlums suspected to be smugglers on Thursday, beat journalist, Yomi Olomofe to coma over accusations of reporting their activities at the Seme-Badagry area.
Indecent dressing is exactly what it is, indecent. Girls think it make them sexy but they are actually seen as irresponsible even by the men who admire you and all they want is just to get between your legs.