The Federal Government has approved the payment of N413 billion ($2.1 billion) to oil marketers as outstanding payment for fuel subsidy claims, the NNPC has disclosed. The Federal Government of Nigeria has not made payment to oil marketers since July, 2015, it was learnt. Buhari According to the management of NNPC, …
Read More »Wole Soyinka: A Sojourner Among Liars By Reuben Abati
Professor Wole Soyinka was quoted saying his latest book is the “nastiest” that he has written so far. InterInventions: Between Defective Memory and the Public Lie- A Personal Odyssey in The Republic of Liars (Ibadan: Bookcraft, 2015, 136pp) is quite close to being just that. But who knows if an …
Read More »Why Ekiti govt shuts down abbatoir
Butchers in Ekiti State on Friday trooped out in their hundreds to protest the imposition of new tax and closure of all abattoirs by Governor Ayo Fayose’s administration. Government had imposed a tax of N1, 000 on each cow slaughtered in the state, but the butchers refused to pay the …
Read More »FRC report on Stanbic IBTC faulty, says CBN
The Central Bank of Nigeria (CBN) came down hard on the Financial Reporting Council of Nigeria (FRCN) saying the Council’s indictment of Stanbic IBTC Holdings Plc (SIBTCH) is baseless and lacking in merit. The CBN Governor, Godin Emefiele who registered the bank’s displeasure with the Council in a letter addressed …
Read More »Wickedness: Househelp chops off Baby’s hand (Disturbing images)
Strange things are happening every day. A facebook user shared the photo. Here’s what she wrote: I can’t even imagine what this baby’s mother is going through right now. I can’t even imagine the pain, trauma, how loud this little innocent baby must have screamed while this wicked househelp did …
Read More »Man kills girlfriend for rejecting his proposal after sponsoring her to school
One Miss Onyinyechi Okegbulam of Egbu in Owerri North Local Government Area of Imo State has allegedly been killed by her boyfriend for refusing his marriage proposal. A source said that the girl was shot in the head at close range by her supposed boyfriend in the village. The source recalled …
Read More »Crazy World: Man batters wife to death
A man, Charles Oyibo, is currently on the run in Enugu after beating his wife, Angela, to death. It was learnt that the beating took place on September 30, at Aku, in Igbo-Etiti Local Government Area of Enugu State. It was also gathered that on the fateful day, Charles pummeled his …
Read More »Buhari: Why all ministers won’t get portfolios,denies ‘demarketing’ Nigeria
All is set for the inauguration of the Federal Executive Council (FEC) following President Muhammadu Buhari’s receipt of the list of ministers-designate from Senate President Bukola Saraki.The would-be ministers will begin a retreat in Abuja tomorrow to prepare them for the task ahead, it was learnt.They may be sworn in …
Read More »Victoria’s Secret debut $2 Million fantasy bra
Victoria’s Secret has debuted its hotly-anticipated 2015 Fantasy Bra and revealed that model Lily Aldridge will have the coveted role of walking down the runway in the $2 million bra at this year’s fashion show in December. The bra is actually quite heavy. The total weight of the gem stones …
Read More »Charts That Show Why MTN’s Fine Matters So Much to Nigeria’s revenue base
MTN is the market leader in Nigeria’s mobile-phone marketMTN Group Ltd.’s biggest market is now its worst headache.Nigeria’s telecommunications regulator (NCC) last week slapped the mobile-phone operator with a $5.2 billion fine, wiping almost 20 percent off its market value over the space of four days. There is a lot …
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