Many African economies appear to have turned the corner and may be moving to a path of faster and steadier economic growth needed to reduce high level of poverty, according to the World Bank Africa Development...
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No protection for corrupt Nigerians
President Umaru Yar’Adua on Tuesday insisted that his administration would not shield any corrupt Nigerian from prosecution no matter how highly placed. The President, who spoke at a national seminar by the...
EXPLOITATIVE ABUSE AND PERENNIAL CRISIS – The way out of the Niger Delta Debacle
Nigeria is the world's sixth largest producer of crude oil. This is in addition to her huge reserves of mineral and agricultural riches and human resources. Nigerians therefore should be enjoying some of the...
Virgin Nigeria Orders 24 New Aircraft
Virgin Nigeria has announced that it is spending N101,375 billion on the purchase of new aircraft from Embraer, a Brazilian manufacturer. The announcement was made at the 10th edition of the Dubai Air Show, the third...
Iweala regrets leaving Obasanjo’s cabinet
A World Bank’s Managing Director, Dr. Ngozi Okonjo-Iweala, on Friday expressed regrets over her premature exit from the cabinet of former President Olusegun Obasanjo. Okonjo-Iweala was the country’s...
How Amaechi was made Rivers gov
Rivers State governor, Hon. Rotimi Amaechi, over the weekend spoke of how he put God on the spot to right his wrongful preclusion from the April 2007 governorship race in Rivers State. Speaking with journalists in...
Five ex-governors to return N50bn
Five former governors may have given the Economic and Financial Crimes Commission undertakings to return more than N50bn looted public funds within the next two weeks. A top source in the EFCC told our correspondent...
Army apologises for Zaki Biam killings
The Nigerian Army on Tuesday apologised to the people of Benue State for the Zaki Biam killings in 2001. The News Agency of Nigeria quoted the Chief of Army Staff, Lt.-Gen. Luka Yusuf, as tendering the apology in...
New Speaker won’t bow to PDP mafia
Chief Saubana Alani Bankole, father of the new Speaker of the House of Representatives, Dimeji, has assured Nigerians that his son will not pander to the dictates of the mafia within the Peoples Democratic Party....
Wilbros offered $6m bribe to Nigerian officials
A former executive of Wilbros International has admitted bribing Nigerian government officials as part of a scheme to win a natural gas pipeline contract. Jason Edward Steph, 37, of Sunset, North Texas, United States,...
Yar’Adua urges judges to shun sentiments
President Umaru Musa Yar'Adua yesterday cautioned members of Nigeria's judiciary against submitting to sentiments in the discharge of their duties. Chief Justice Idris Legbo Kutigi also yesterday advised his...
Why constitution must be reviewed
Vice President Goodluck Jonathan yesterday stressed the need for a review of the 1999 Constitution, which he described as inadequate and in need of amendment if it is to accommodate current developments in the...