admin

It is a black Monday in Nigeria, as gunmen turn their dragnets on educational institutions, kidnapping university students in South West Ogun State, and teachers and pupils in Kaduna in the north-central. The Kaduna State Government on Monday said it has received security reports of kidnapping of some pupils and teachers in a primary school […]

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal.   The First […]

Members of the Academic Staff Union of Universities have threatened to resume their strike over non-payment of salaries which they suspended three months ago. Ayo Akinwole, chairman of ASUU at the University of Ibadan, disclosed this in a statement on Sunday. Akinwole said Nigerians should blame the Federal Government if universities are shut down again. […]

  An attempt by a gang of bandits to kidnap students of the Government Science Secondary School, GSSS, Ikara in Kaduna State was foiled averted by the intervention of federal troops in the early hours of Sunday.   Mr. Samuel Aruwan, Commissioner for Internal Security and Home Affairs in the state, who spoke at a […]

In one of the most humiliating episodes yet in the kidnapping saga in Nigeria, kidnapped students of the Federal College of Forestry Mechanization Kaduna, have appeared in videos Saturday appealing to the government to come to their rescue but not with force. The gunmen are demanding a ransom of N500 for the 39 students  – […]

The Nigeria media world was set abuzz on Friday with an allegation from no less a personality than the National Security Adviser to President Muhammadu Buhari, Major General Babagana Monguno, that monies meant for the purchase of arms could have been misappropriated by the immediate-past Service Chiefs. The affected military chiefs in question are Chief […]

Contrary to media reports earlier on Friday, the Nigerian government has said that there is currently no plan to increase the price of Premium Motor Spirit, popularly known as petrol. Dr. Chris Ngige, Minister of Labour and Employment , said in a statement late Friday  that “there will be no increase in the price of […]

Given the parlous condition of the nation, manifested in mass poverty, generalized insecurity, high corruption in government, gross official recklessness and near zero governance, it is no surprise that the Vice-president, Yemi Osinbajo, has found it necessary to join his voice to the clarion calls to save Nigeria before it is too late. As the […]

Bandits invaded the Federal College of Forestry and Agric Mechanization in Mando, Kaduna on Thursday night, and carted away nearly half of the female students, leaving the males untouched. Unconfirmed figures from a source close to the school said the number of female students taken away by the attacker could be as high as 50. […]

Gunmen have invaded the National Institute of Construction Technology, Uromi, Esan Northeast Local Government Area of Edo State and kidnapped a lecturer and two students. The invasion took place on Wednesday night as the kidnappers shot sporadically. The development, it was gathered heightened tension in the area, with parents and guardians storming the institute to […]

The Naira weakened significantly on the parallel market, dropping below 480 to the dollar levels at 485 most recently. The Central Bank of Nigeria introduced a ‘Naira 4 Dollar Scheme’ for remittances from the diaspora, in what is being seen by markets as effectively a further official devaluation. In a circular issued to all deposit […]

  Economic freedom is improving in sub-Saharan Africa, according to this year’s Economic Freedom Index, published by the Heritage Foundation. Progress, however, remains painfully slow. In the Washington DC-based think tank’s scale of 1 to 100, sub-Saharan African nations’ scores on property rights, government integrity, and business freedom are all lower than world averages by […]