Friday, June 14, 2019

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    South African policemen ‘torture Nigerian to death’

South African policemen ‘torture Nigerian to death’

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    Nigeria’s Aramide to be inducted into Grammy’s governing board

Nigeria’s Aramide to be inducted into Grammy’s governing board

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    ‘Stop lying to Nigerians’ — Etinosa tackles MC Galaxy over nudity scandal

‘Stop lying to Nigerians’ — Etinosa tackles MC Galaxy over nudity scandal

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    Fitch: Power supply shortages, insecurity will dampen Nigeria’s growth outlook

Fitch: Power supply shortages, insecurity will dampen Nigeria’s growth outlook

Fitch, a global credit rating agency, says Nigeria’s medium-term growth outlook will be slowed down by “acute” supply shortages in the power sector and security challenges.Presently, the country generates about 7000 megawatts (MW) of available electricity, with an installed capacity of about 12,000MW and distribution way below 4000MW.However, Nigeria’s energy need is 170,000MW given its population of 201 million, according [...]

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    REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

Nigeria made about N85 trillion ($236.2 billion) from oil between 2014 and 2018, the 54th edition of Annual Statistical Bulletin by the Organisation of Petroleum Exporting Countries (OPEC), has revealed. [...]

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    Buharimeter: Nigerians ‘want’ death penalty for corrupt persons

Buharimeter: Nigerians ‘want’ death penalty for corrupt persons

Nigerians want President Muhammadu Buhari to declare death sentence for public officials found guilty of corrupt practices, according to Buharimeter, a survey by the Centre for Democracy and Development (CDD).The  perception survey was released by CDD on Wednesday.Signed by Idayat Hassan, director, CDD-West Africa, the organisation said the survey was based on interviews with 5,019 citizens above 18 years across the [...]

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    Atiku: Nigerians are hungry… it’s not enough to declare June 12 Democracy Day

Atiku: Nigerians are hungry… it’s not enough to declare June 12 Democracy Day

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says it is not enough to declare June 12 as Democracy Day as many Nigerians are hungry.President Muhammadu Buhari had signed into law, the bill to make June 12 Democracy Day, in honour of MKO Abiola, the presumed winner of the 1993 presidential election.But Atiku said June 12 demands something bigger than [...]

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    Buhari: We can lift 100m Nigerians out of poverty

Buhari: We can lift 100m Nigerians out of poverty

President Muhammadu Buhari says the All Progressives Congress (APC) government can move 100 million Nigerians out of poverty within 10 years.In his Democracy Day address in Abuja on Wednesday, the president said a database of poor and vulnerable Nigerians as well as that of unemployed youth was being developed to address the problem of socio-economic inequality in the society.According to him, [...]

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    Obasanjo: Buhari’s govt moving Nigeria towards the path of disaster

Obasanjo: Buhari’s govt moving Nigeria towards the path of disaster

Former President Olusegun Obasanjo has accused President Muhammadu Buhari’s government of moving the country towards the path of disaster.In an interview with Premium Times, the former president said the progress the country is said to be making is questionable.He lamented the present arrangement of political leadership in the country, saying it tends to favour some zones at the expense of [...]

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    Where are the churches and Christians of Nigeria?

Where are the churches and Christians of Nigeria?

BY FRANCIS ANEKWE OBORJI We would like to begin our present article with the following passages from Prophet Hosea:“My people perish for want of knowledge. Since you yourself have rejected knowledge, so I shall reject you … Since you have forgotten the teaching of your God, I in my turn shall forget your children.” (Hosea 4:6).Our present article is inspired by [...]

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    Poverty and challenges of access to the public health system in Nigeria

Poverty and challenges of access to the public health system in Nigeria

In 2001, Nigeria hosted the Heads of State of the African Union member states and made the “Abuja Declaration” urging leaders to commit at least 15 percent of their annual budgets to improve their health sector.Eighteen years after the declaration, Nigeria has not attained the pledged funding benchmark, as annual budgets revealed that the Federal Government has never voted more [...]

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    Dangote: Power sector hindering Nigeria’s economic growth

Dangote: Power sector hindering Nigeria’s economic growth

Aliko Dangote, president of Dangote group, says the poor performance of the country’s power sector is hindering growth of the economy.Dangote spoke at a consultative roundtable session for public and private sector stakeholders in Lagos on Saturday.The programme was organised by the Central Bank of Nigeria (CBN).According to Dangote, Nigeria had been struggling to increase its electricity output for the [...]

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    The Congolese who brings laurels to Nigeria

The Congolese who brings laurels to Nigeria

May 15, 2019 was a day to remember for the Katholieke Universiteit Leuven – Ku Leuven – a research university in the Dutch-speaking town of Leuven in Flanders, Belgium. Ku Leuven is one of Europe’s oldest universities, a university which, from renaissance philosophy to cutting-edge nanotechnology, boasts a long tradition of ground-breaking research and high-quality education. It conducts teaching, research and other academic services in the [...]

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    Digital learning will lift Nigerians out of poverty, says Finnish educator

Digital learning will lift Nigerians out of poverty, says Finnish educator

Arto Tenhunen, chief executive officer of Soprano Group, a leading education company in Finland, says the future of education in Nigeria depends on the country’s ability to develop the sector to cater for the teeming needs of its citizens.Speaking on Friday at the 11th Total School Support Seminar and Exhibition (TOSSE) education show in Lagos, Tenhunen, who led a Finnish [...]

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    Silence no longer an option, says author of book on Nigeria’s challenges

Silence no longer an option, says author of book on Nigeria’s challenges

Dele Farotimi, a legal expert and political commentator, on Tuesday launched a book titled "Do not Die in Their War".The book captures Nigeria’s developmental trajectory and how the country can be salvaged.Speaking at Freedom Park, Lagos Island, where the launch held, Farotimi attributed Nigeria's problem to its constitution, lamenting the "weaponisation of poverty" by Nigerian leaders.He said Nigerians had been driven [...]

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    Peterside: Nigeria will soon export crude with its national fleet

Peterside: Nigeria will soon export crude with its national fleet

Dakuku Peterside, director general of the Nigerian Maritime Administration and Safety Agency (NIMASA), says the country will be able to lift its own crude for export immediately the national fleet begins operation.Speaking at a media breakfast meeting on the sidelines of the ongoing Nor-Shipping Conference and Exhibition in Oslo, Norway, Dakuku said this move will bring an end to the [...]

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Exchange Rates

June 10, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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