The increase of 3,362mw of electricity generation recorded by the Power Holding Company of Nigeria (PHCN) last weekend may be short-lived as Shell Petroleum Development Company (SPDC)â€ˆhas again threatened to shut down its Sapele Gas Plant.
As the Alhaji Yayale Ahmed-led six-man ministerial committee prepares to submit its report on President Umaru Musa Yarâ€™Aduaâ€™s health to the Executive Council of the Federation (EXCOF) tomorrow, the belief that this may lead to the removal of the President may be far-flung.
The Central Bank of Nigeria (CBN) is to boost domestic credit by facilitating funds to banks through Development Financial Institutions (DFIs).The Deputy Governor, Banking Operations, CBN, Tunde Lemo, said in Lagos yesterday that it was one of the new moves by the banking watchdog to ensure that banks resume lending to the private sector.
An Environmental groups from rich countries have for years waged a campaign against those in poor countries who want to harness their natural resources for economic growth. Their efforts threaten to do lasting harm to the aspirations of millions of poor people in Africa, Asia and Latin America, and must be resisted at all times […]
The journey of a thousand miles begins with a step, a step forward or a step backward. The recent political events in Nigeria calls to question the type of democracy we are perceived to be practicing.Some of us still harbor the illusion that Nigeria is a democracy just because we elect our government. We seem to […]
The era of a Yar’Adua-led government is set to suffer another blow as Acting President Goodluck Jonathan makes moves to take charge of the Presidency.
Nigerian politicians have until Wednesday to resolve the presidential crisis or face a mass action, the pastor of the Latter Rain Assembly Tunde Bakare said yesterday in Lagos.