February 29, 2012 by Dayo Oketola No fewer than 23.8 million Nigerian adults currently keep their money at home because they don’t have bank accounts. A survey by Enhancing Financial Innovation and Access, a Nigeria-based financial sector developement organisation, revealed that 52.8 million out of the country’s adult population saved money regularly. But the survey […]
The Senate concluded on Tuesday that the Nigeria Football Federation portrayed a circus of corruption, given the manner it had administered football in the last few years. Football’s dwindling fortunes in the country came under examination on the floor of the Senate, with senators expressing the need to immediately reverse the situation. As a step […]
Two students were shot on Wednesday as a gang of armed robbers atacked a bank in Babcock University, Ilishan Remo, Ogun State. The robbers also blew up an ATM, according to witnesses. This is the latest in a string of bank robberies in parts of Ogun State. Last week, armed robbers attacked the Ilaro and […]
February 29, 2012 by Oluwole Josiah, Abuja The Senate on Tuesday clarified its position on the Sovereign National Conference, saying any national dialogue must be subjected to the provisions of the 1999 Constitution as amended. It also said it was not against the holding of a national conference to discuss the way forward for […]
February 29, 2012 by Everest Amaefule, Abuja The Federal Government on Tuesday gave the Petroleum Special Task force 60 working days within which to probe and clean up the oil industry. The task force is headed by the pioneer chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu. Minister of Petroleum Resources, Mrs. […]
Former Delta State Governor James Ibori rise from DIY store worker to international playboy with a £250m fortune is the stuff of dreams. A few years after quitting his £5,000-a-year job as a cashier for Wickes, Ibori had become one of Nigeria’s most influential and richest politicians. He wasted no time spending his new-found wealth […]
The Senate on Wednesday directed the Federal Road Safety Commission to stop the implementation of the new driver’s licence and vehicle number plates. The Senate, which issued the directive at its sitting, also mandated its Committee on Federal Character and Intergovernmental Affairs to conduct a public hearing on the new scheme with a view to […]
A few years after quitting his £5,000-a-year job as a cashier for Wickes, Ibori had become one of Nigeria’s most influential and richest politicians. He wasted no time spending his new-found wealth on luxury homes, top-of-the- range cars, five-star travel and fees at exclusive boarding schools. But on Monday the 49-year-old stood shame-faced in the […]
By Prof. Emmanuel Omoh Esiemokhai, Abuja, Nigeria, Feb. 29, 2012 – Superstardom carries the burden, which afflicts a person’s ego, turning one from brute to man and from man to demi-god.Fame is sweet but it fades away, leaving nostalgic reminiscences of the stage-lights, the genuine and fake smiles, the roving eyes of admirers and the […]
Anambra reps suspend sitting Enugu declares holiday THE torrent of tributes pouring in for the Ikemba Nnewi, Dim Chukwuemeka Odumegwu-Ojukwu, continued yesterday in Aba, Abia State where the remains of the late Igbo leader laid in state at the Aba Sports Stadium. Meanwhile, the Enugu State government has declared tomorrow a public holiday […]
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