Archive for the 'Nigeria' Category

Nigerian presidency denies resignation claim

Wednesday, September 17th, 2008

The recent rumours about the health status of President Yar ‘Adua and his purported resignation are really given Nigerians much to worry cause as the  saying goes ”in every rumour there must be an atom of truth. Let the FG or Yar’Adua himself come out with the true health report of the President.  Only recently, a report Tuesday by Nigeria’s official [...]

Nigeria Moves to Track Illegally Tapped Oil

Friday, September 12th, 2008

 
LAGOS, Nigeria (AP) — Nigeria’s president called Thursday for help finding a way to fingerprint crude oil stocks in order to combat the theft and lucrative overseas sale of unrefined petroleum, aiming at stopping the flow of “blood oil” from Africa’s biggest producers.

Oil Producers May Compel OPEC to Cut Supply

Thursday, September 4th, 2008

There are indications that major oil producers may compel  Organisation of Petroleum Exporting Countries (OPEC) to cut supply when the group meets on September 9, in Vienna, Austria.
This was sequel to the sharp drop in crude oil price to below $110 per barrel yesterday, after reaching a record high of $147.42 per barrel on July [...]

Money Laundering Associated with Executives – Bankole

Thursday, September 4th, 2008

Speaker of the House of Representatives, Honourable Dimeji Bankole, yesterday accused the executive arm of government of master-minding most cases of money laundering which runs into trillions of naira in the past 10 years.
He also told anti-corruption agencies to concentrate on those who launder money and leave members of the House alone.
Bankole, who [...]

Missing Plane: Human Remains Sighted

Thursday, September 4th, 2008

he authorities of the National Emergency Management Agency (NEMA) yesterday said its team had sighted the remains of two of the victims from the wreckage of the ill-fated Wings Aviation aircraft whose crash site was spotted with the aid of local hunters last Saturday in Cross River State.
NEMA said as soon as it concludes its [...]

Rev King Moved out of Kirikiri

Thursday, September 4th, 2008

The Nigerian Prisons high command has embarked on   an internal  cleansing  aimed at firming up its operations in the nation’s  foremost maximum security prison, Kirikiri, Lagos, as it has transferred some of its inmates to various locations across the country.
Particularly, Reverend King and a drug baron, have been moved to Kuje, and Kaduna prisons respectively.
Following [...]

Kanu, Yobo not fit for Bafana clash

Wednesday, September 3rd, 2008

Tension mounts on Nigerians as Super Eagles captain Nwankwo Kanu and his deputy Joseph Yobo have been ruled out of Saturday’s international against South Africa’s Bafana Bafana.

Stock Market recovers After FG Intervened

Wednesday, September 3rd, 2008

A week after the federal government intervened in the sliding equity prices, the nation’s capital market has recovered N1.476 trillion of the N3.3 trillion lost in five months.

President Umaru Yar’adua may return to Nigeria

Wednesday, September 3rd, 2008

President Umaru Yar’adua may return to Nigeria tomorrow barring any last-minute change of schedule, a brother of the president told Daily Trust yesterday.

The Solution to Unemployment in Nigeria

Wednesday, September 3rd, 2008

Twenty-four years down the road since its establishment, what has the National Directorate of Employment (NDE) achieved and what are the constraints of the organisation?