The Igbo and the Yoruba occupy front-row seats in individual achievements in Nigeria, but politically it seems a curse, or a spell, had been cast on them long before 1960 when Nigeria got her Independence. In spite of the achievements of these two ethnic groups, they have always played second fiddle in Nigeria, and seem to have been happy doing so, because of myopia and pettiness.
The Osun State Chairman of Hope Democratic Party (HDP) Mr. Wole Adedoyin, has blamed what he describes as underdevelopment of the state in terms of poor internal revenue generation and increasing rate of poverty in the state.
Members of the Turkish Electro-Technology Exporters’ Association, (TET) have expressed its readiness to increase their electrical products in the Nigerian market.
Brent crude oil shed some of its recent gains on Tuesday, falling nearly $1 a barrel but healthy demand underpinned prices near $70, a level not seen since 2014’s market slump.
Annual inflation in Nigeria slowed for the 11th month in a row in December, to 15.37 percent from 15.90 percent a month before, the head of the National Bureau of Statistics (NBS) said in a tweet on Tuesday.
Yemi Kale also said on his personal Twitter account that a separate food price index showed inflation at 19.42 percent in December, down from 20.30 percent in November.
In October, Central Bank Governor Godwin Emefiele said he expected inflation rates to fall at a faster pace and reach the high single-digits by the middle of 2018.
The bank has kept its main interest rate at 14 percent for over a year now as it battles inflation and seeks to attract foreign investors to support the naira currency.
The government wants to see rates come down to lower its borrowing costs and stimulate the economy.
The West African nation emerged from its first recession in 25 years in the second quarter of 2017 as oil revenues rose, although the slow pace of growth suggests the recovery remains fragile.
The All Progressives Congress National Working Committee and governors elected on its platform would meet at the party national secretariat on Wednesday, Jan. 17.
President Muhammadu Buhari fiddles while Nigeria burns. The truth of this phrase lies in its evocative description of national chaos, crisis, disaster, and failed leadership that have become permanent features of Buhari's regime. In the history of a nation, each historical moment presents a distinct set of problems for its current leader. Each leader in different ways and with varying degrees of success, sees himself as a protector and provider for his people.
Gambia’s President, Adama Baro has appreciated the role Nigeria played in ensuring his successful swear in, after winning the Presidential election.
The Coordinator of National Interparty Youth Alliance (NIYA), Mr. Wole Adedoyin has described the recently held South West Youth Summit as sham and mere beer-parlor ceremony where a bearish governor chanted a false tale of his past life.