“We hope to establish an airline that communicates the essence of our beautiful country; an airline we can all be proud of.”
The Federal Government on Wednesday suspended the proposed National Carrier, called the Nigeria Air. The Minister of State for Aviation, Hadi Sirika disclosed this on his twitter account @hadisirika. He said the Federal Executive Council regretted to announce the decision to suspend the National Carrier in the interim. “I regret to announce that the Federal Executive […]
Signing a contract with China is like, ascribing to the boiling frog effect
Signing a contract with China is like, ascribing to the boiling frog effect; a fable describing a frog being boiled alive slowly. If you drop a frog suddenly into boiling water, it will jump out, but if you put that same frog in a vessel of water and start heating the water gradually, it will […]
The naira may be affected by the ongoing financial turmoil which has seen the Turkish lira lose 40% of its value.
The naira may be affected by the ongoing financial turmoil which has seen the Turkish lira lose 40% of its value. The lira has been in turmoil over worries about the country’s high debt levels, rising inflation, President Tayyip Erdogan’s refusal to consent to an increase in interest rates and tension between the European country […]
Yes, China is acting tough in one sense, quickly imposing tariffs in retaliation for those enacted by the Trump administration.
One thing came through loud and clear in President Trump’s press conference Wednesday with European Commission President Jean-Claude Juncker. When they announced an alliance against third parties’ “unfair trading practices,” they didn’t even have to mention China by name for listeners to know who their target was. Cooperation between the U.S. and EU will squeeze […]
The federal government is planning to borrow $2.8 billion to fund the deficit of the recently passed 2018 budget.
The federal government is planning to borrow $2.8 billion to fund the deficit of the recently passed 2018 budget. Patience Oniha, director general of the Debt Management Office (DMO), made this known while speaking to Reuters on Wednesday. “We will explore all options keeping in mind our twin objectives of extending the tenor of the […]
On a January morning, 12-year-old Yusuf Adamu slumps in his father’s lap, head pressed against his chest. Infected at birth with HIV, he is tiny for his age and has birdlike limbs. He has been feverish for 3 days, which is why his father, Ibrahim, brought him to the pediatric HIV/AIDS clinic at Asokoro District […]
The National Publicity Secretary, Labour Party, Ms Ebere Ifendu has expressed sadness over the exclusion of late Kudirat Abiola from award conferred on late Moshood Abiola, and other June 12 key figures by President Muhammadu Buhari. Ifendu disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. Recall that […]
The Jama’atu Izalatil Bid’ah Wa’ikamatis Sunnah (JIBWIS) has urged President Muhammadu Buhari, the National Assembly and the Inspector General Police, Ibrahim Idris, to put the interest of Nigeria and Nigerians in their heart. The group through its National Chairman, Ulama Council, Sheikh Sani Yahaya Jingir made the plea during a Ramadan Tafsir at Masallacin ’Yan […]
On Tuesday, a U.S. District Court in Washington D.C. gave judgment affirming a $6.59 billion arbitral award, plus $2.30 billion interest, against Nigeria. The judgment was given after the country failed to show up in court to defend the matter. The naira value of the amount came to about N2.7 trillion (at the Central Bank […]
President Muhammadu Buhari’s position on the June 12, 1993 presidential election could be hit by questions on legality. On Wednesday, he declared the late Moshood Kashimawo Olawale (MKO) Abiola won the poll and conferred on him the nation’s highest honour, the Grand Commander of the Federal Republic (GCFR). He followed this, yesterday, with a directive […]