Tuesday, 20 December 2016 00:25

Naira continues freefall, approaches 500 to a Dollar

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The Naira traded in the parallel market tumbled in recent weeks, continuing the downward trajectory that has been in place for the past year. After passing N450 to a dollar last month and just one week later plummeting past N470, the Naira is now quickly approaching N500 to a dollar.

Thursday, 01 December 2016 15:22

Economic Mismanagement and a Bag of Rice

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Much as I appreciate what the media has done by publicising the speech delivered by Dr Oby Ezekwesili at the Inaugural Business Lecture of the Lagos Country Club, I am still not quite certain about what that speech hoped to achieve.

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Gambia's electoral commission chairman has fled the country because he received threats after declaring President Yahya Jammeh the loser of a Dec. 1 election, a family member and a colleague said on Tuesday.

Saturday, 07 January 2017 16:23

Mimiko's plot to divert N1.5bn uncovered-APC

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The All Progressives Congress in Ondo State Saturday alleged it has uncovered another plan by outgoing Gov. Olusegun Mimiko of plans to divert N1.5bn in grants from foreign donors to phony contracts.

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Man burns down parents' house while trying to kill ants

Man burns down parents' house while trying to kill ants

In: Highlights

Fire fighters in the U.S State of Maine Tuesday said a man burned down his parents' house and killed three pets while trying to exterminate ants with matches.

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PHOTO: Anti-Amnesty International Protesters 'Paid'

PHOTO: Anti-Amnesty International Protesters 'Paid'

In: Highlights

Protesters in Abuja have told Per Second News they were paid to join ongoing three- day rallies against the Amnesty International.

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Russian Whistleblower′s Lawyer 'Thrown From Window'

Russian Whistleblower′s Lawyer 'Thrown From Window'

In: Highlights

The lawyer for the family of whistleblower Sergei Magnitsky is in hospital after a fall from his apartment. Russian media say there was no foul play, but Magnitsky's former employer…

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Group Urges Release of Andrew Yakubu’s Travel document

Group Urges Release of Andrew Yakubu’s Travel document

In: Highlights

Following the stringent bail conditions imposed on the former group managing director of the Nigerian National Petroleum Corporation ( NNPC), a pressure group, Advocacy for Justice, AoJ has lampooned the…

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Mubarak walks free after 6 years in prison

Mubarak walks free after 6 years in prison

In: Highlights

Hosni Mubarak, the Egyptian president overthrown in 2011 and the first leader to face trial after the Arab Spring uprisings that swept the region, was freed on Friday after six…

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PMB's Health: Gloating is of no value by Femi Adesina

PMB's Health: Gloating is of no value by Femi Adesina

In: Highlights

I learnt an enduring lesson on the day General Sani Abacha died. It was June 8, 1998, and death had laid its icy hands on the maximum ruler, and the…

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Boko Haram's Grip Broken in Sambisa Forest - Army Chief

Boko Haram's Grip Broken in Sambisa Forest - Army Chief

In: Highlights

Lt.-Gen.Tukur Buratai, the Chief of Army Staff, says this year’s Nigerian Army Small Arms Championship will hold in Sambisa Forest to consolidate the army’s grip on the area.

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$184 million Crude Swap Under-Deliveries: NNPC Recovers $17.2m from defaulters

$184 million Crude Swap Under-Deliveries: NNPC Recovers $17.2m from defaulters

In: Highlights

The Nigerian National Petroleum Corporation, NNPC, says it has so far recovered $17.2 million from Televeras in the ongoing recovery effort.

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