PDP: Jonathan leads reconciliation team, Wike, Secondus visit George

Former President Goodluck Jonathan, on Monday, in Abuja, began a subtle move to douse tension generated among members of the Peoples Democratic Party over the outcome of last Saturday’s national convention in Abuja. The former President assembled a team of his loyalists, who it was gathered, would visit aggrieved aspirants with a view to appealing…

NSE LIVE! Equities lose N119b as profit-taking continues

Nigerian equities again came under sell pressure on Monday as most investors opted to take profits from recent capital gains, tilting the demand-supply balance to the negative. With two decliners for every advancer, benchmark indices at the Nigerian Stock Exchange (NSE) showed widespread profit-taking transactions, especially among large-cap stocks that had led the rallies in…

Tinubu: Govs may be influential but APC must be careful not to go the way of PDP

Acclaimed leader of the ruling All Progressives Congress (APC), Bola Tinubu, has cautioned that the party must be careful not to commit the mistake of promoting an automatic ticket just like the Peoples Democratic Party(PDP). Tinubu stated this in reaction to a statement credited to Imo State Governor, Rochas Okorocha, in which he insinuated that…

Shake-up at Nigerian Breweries

Nigeria’s largest brewer and second most capitalised quoted company, Nigerian Breweries Plc, has appointed Mr. Jordi Borrut Bel as its new managing director. Borrut Bel, whose appointment takes effect on January 22, 2018, will succeed Mr. Johan Doyer who has served as interim managing director since June 16, 2017. In a regulatory filing at the…

The Turaki And The Rest Of Us

By Gozie Irogboli… The most dominant topic in the political circles and among political commentators in Nigeria at present is the recent defection of Alhaji Atiku Abubakar, the Turaki of Adamawa from the ruling All Peoples Congress (APC) back to the opposition Peoples Democratic Party (PDP) where he was a foundation member. While APC is…

PDP Convention: The Aftermath

by Reuben Abati The elective Convention of the Peoples Democratic Party (PDP) that took place at the Eagle Square in Abuja on Saturday, December 9, was a charade and an anti-climax. Everyone who had been a witness to the travails of the once-upon-a-time ruling party which lost power to the All Progressives Congress in 2015…

FG says rate of Nigeria’s population growth a threat, moves to ‘expand access to contraceptive implants’

The Federal Government has raised concerns over Nigeria’s population growth rate, saying it portended great danger to the welfare of the people if left unchecked. Available global data by experts shows that by 2040, Nigeria’s population growth would have quadrupled, worryingly so, as there were no commensurate social amenities and employment opportunities to cater for…

Our silent revolution will help Nigeria save N43trn from using locally sourced raw materials- Onu

The Ministry of Science and Technology has stated that with its quiet, strategic effort towards developing local capacity for sufficient supply of raw materials and discouraging importation, Nigeria will be able to save about N43 trillion in five years. The Minister of Science and Technology, Dr Ogbonnaya Onu, was quoted as making the disclosure in a…

Salah beats Moses, emerges 2017 BBC African Player of the Year

Egypt captain Mohamed Salah has been voted the 2017 BBC African Footballer of the Year. The Liverpool forward beat Super Eagles and Chelsea forward Victor Moses, Gabon and Dortmund striker Pierre-Emerick Aubameyang, Guinea and Leipzig’s Naby Keita and Senegal and Liverpool’s Sadio Mane to the award. Salah has been in brilliant form for both club…

Because of my success, ‘it’s impossible for PDP to ever have a say’ in Osun politics- Aregbesola

Osun State Governor Rauf Aregbesola has stated that his remarkable achievements in Osun State will make it impossible for the Peoples Democratic Party (PDP) to ever become a political force in the state again. Noting that he was still very popular among the people of the state because he had impacted many lives positively, Aregbesola…

EFCC fumes, says A’Court aiding corruption, as it rules EFCC has no power to prosecute judges

The Court of Appeal in Lagos has ruled that the Economic and Financial Crimes Commission (EFCC) lacked the power to prosecute judges, prompting a strongly worded response from the commission. The court gave the ruling following an appeal which Robert Clarke filed on behalf of his client, Hyeladzira Nganjiwa, a serving judge of the Federal High…