World's Most Unstable Countries: Nigeria Ranked As One

The Fund for Peace, a Washington D.C.-based non-profit, non-governmental research and educational institution, has ranked Nigeria as one of the world’s most unstable countries.

In its 12th annual Fragile States Index (FSI) released wednesday, Fund for Peace ranked Nigeria alongside war-torn Afghanistan, Haiti, Iraqi, Guinea, Pakistan, Burundi and Zimbabwe.

It stated that the situation in Nigeria deteriorated in 2015 when compared with 2014.

Abia Governorship : INEC issues certificate of return to Uche Ogah

 INEC this afternoon issued a certificate of return to PDP member, Uche Ogah (left), following an order by the Abuja Federal High Court on Monday June 27th, mandating INEC to immediately issue Certificate of Return to Ogah who came second at the PDP primaries in the state in 2014. 

Ogah had dragged the former state governor, Okezie Ikpeazu, before the court, arguing that he presented false tax clearance during the party primaries.  The presiding judge, Justice Okon Abang, said that on the account of fake tax returns during the primaries, Ikpeazu was never qualified to run in the PDP primaries as a governorship candidate. He nullified Ikpeazu's election and ordered INEC to issue a certificate of return to Ogah. 

Ikpeazu has since filed an appeal against the ruling. 

CBN: Flexible Forex Policy On Trial

The Flexible Exchange Rate Inter-bank Market policy is on trial, the Central Bank of Nigeria (CBN) said yesterday.

It will make room for more stakeholders, including bureaux de change (BDC) operators, to participate, CBN Governor Godwin Emefiele said.

He spoke at the interactive session between the BDCs and the CBN on the new policy and the state of the forex market.

He assured the BDCs that they will be factored in while acknowledging their impact on businesses.

Nigeria-china Roadshow Fetches $50 Billion — NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that its strategy to fund capital intensive projects in the upstream sector of the oil and gas industry has begun yielding fruits with the signing of a Memorandum of Understanding (MoU) with some Chinese companies worth $50 billion for infrastructure development.
The corporation said in a statement in Abuja that the deal was part of recent landmark strides by its management to bridge the infrastructure funding gaps in the Nigerian oil and gas sector.
The companies involved in the deal include China North Industries Corporation (NORINCO Group), China Cinda Asset Management Company Limited (CINDA), China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation/Addax petroleum

Bloomberg writes on the Devaluation of the Naira, says excitement is short-lived as Nigeria economy sinks further

International business website, Bloomberg, has written a new article on the recent devaluation of the Naira. According to the magazine, the excitement from the devaluation is shortlived as the Nigerian economy has since sunk further. Read the article below 

Optimism that a devaluation of Nigeria’s naira would breathe life into the country’s banking stocks faded almost as quickly as it started.

The central bank’s abandoning of a 16-month currency peg was greeted with a world-beating rally in the nation’s shares on expectations foreign investors would return to Africa’s largest economy. It didn’t last, with all but two of the country’s biggest banking stocks falling since the naira started trading freely on June 20.

I didn't convert to Islam- Ayefele

Gospel Tungba crooner, Yinka Ayefele has debunked the claim that he has converted to Islam. Earlier yesterday, the news of the conversion to Islam of the ace singer went viral with fans both home and abroad making calls to find out the veracity of the claim.

A release issued by his Publicist, David Ajiboye said, Ayefele is still a Christian and has no reason whatsoever to renounce his faith and believe.

“We believe the rumour must have emanated from the annual Ramadan Lecture which Fresh 105.9FM owned by Ayefele organized on Tuesday, in Ibadan.

Over 300,000 candidates apply for 750 EFCC work positions

Over 300,000 candidates applied for the 750 job positions advertised by the Economic and Financial Crimes Commission (EFCC).
The Director of Public Affairs of EFC, Mr Osita Nwaja, made the announcement in Enugu yesterday. Nwaja said that the recruitment was segmented and that the first phase of the recruitment exercise ended on June 26. 

He said:

Photo: Adamawa singer who was kidnapped after releasing anti-corruption song speaks from hospital bed

Popular Adamawa based musician, Ado Daukaka, who went missing on Saturday June 25th after he released his controversial new song titled "Gyara kayanka" condemning some politicians in the state, has recounted his ordeal in the hands of his abductors. Ado, who was found unconscious at a farm in Lamurde village in the state yesterday, was rushed to the hospital where he is receiving medical examination. Narrating his experience in the hands of his abductors, he said:

FFK denies sending message to all Christians & Apostle Suleiman from detention

Read the press statement below...

This is to inform the general public that the purported message making the rounds that Chief Femi Fani-Kayode wrote a certain message to Christians and Apostle Suleiman from detention is not true. That message was part of a long and systematic plot by mischief makers, his traducers and detractors to continue to discredit and malign his person and character, and cause disaffection among his friends, associates and supporters. We therefore urge members of the public to disregard that message and treat it as non-existent. Thank you.

How Senate Rules Were ‘amended’ For Saraki, Ekweremadu’s Elections – Clerk

The deputy clerk of the National Assembly, Benedict Efeturi, confirmed to police investigators that the senate’s standing orders used for the 2015 elections of Bukola Saraki and Ike Ekweremadu as senate president and deputy respectively, was different from the 2011 version which should have been in use at the time, details of police investigation seen by PREMIUM TIMES show.

Mr. Efeturi made the disclosure to the Criminal Investigation and Intelligence Department of the Nigerian Police, which investigated allegations that the rules were forged to help Messrs. Saraki and Ekweremadu to their posts.

Ifesinachi Nelson Ezeh Graduates In Russia With CGPA 5.0 In Masters Degree.

A Nigerian, Ifesinachi Nelson Ezeh, has won international acclaim for finishing his Master’s degree at Saint Petersburg Agrarian University in Russia with distinction and for his edge-cutting research in Agronomy. His feat earned him a Ph.D scholarship. HANNAH OJO writes on the exploits of the youngster whose aim is to tackle the food crisis in his fatherland.

Ifesinachi Nelson Ezeh, a 26-year-old Nigerian, has dazzled Russia with his brilliance. The Nsukka, Enugu State-born student finished his Master’s degree in Agronomy at Saint Petersburg State Agrarian University, graduating with a Cumulative Grade Point Average (CGPA) of 5.0 – the highest Russia has ever recorded.

See what was said about buhari in 1984 any difference with what is happening now?

See what was said about buhari in 1984 any difference with what is happening now?

See what was said about buhari in 1984 any difference with what is happening now?

Bread Prices Rise 25 Percent On Input Cost

Bread, a staple food for most Nigerians may soon disappear from the breakfast table as its price has risen by 25 percent in two weeks, following a sharp increase in the prices of sugar, flour and butter, which are the major components, BusinessDay investigations show.

The implication is that hard times await Nigerians with dwindling disposable income, particularly, the middle and low level income earners who rely on bread for their breakfast, as the prices of other items like cornflakes and bean-cakes, among others, have shot up on account of rising inflation.

FG To Unveil Plan For Affordable Housing Monday

The Federal Government will on Monday unveil its plans towards the provision of affordable houses for Nigerians in line with the electoral promises of the ruling All Progressives Congress.

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, will make the plan public on behalf of the government at the Affordable Housing Summit 2016 being put together by the ministry in partnership with German Development Cooperation.

A member of the summit’s Technical Working Group, Mrs. Eucharia Alozie, disclosed this to journalists in Abuja.

Brexit: How The EPL Will Be Affected

11 Ways Brexit Will Impact The Premier League And Soccer Worldwide - Forbes

Britain woke up this morning facing a post Brexit vote hangover of masll take years for the British government to negotiate an exit from the European Union and the transition period will generate a great deal of uncertainty.


The withdrawal of the UK from the European Union will touch almost every facet of British life, soccer included.

Here is a snapshot of how soccer will – or may – be impacted by Thursday’s decision of the British electorate to leave the European Union.

Mikel Obi, Odion Ighalo, Alex Iwobi all in the 35-man preliminary Rio Olympic squad

The Nigerian Football Federation has unveiled the preliminary 35-man football squad prepared by coach Samson Siasia, to represent Nigeria in the Summer Olympic games set for August in Rio de Janeiro. 

Chelsea midfielder John Obi Mikel, Watford striker Odion Ighalo and Arsenal young revelation Alex Iwobi have all been included in the list. Seventeen of the 35 players included in the team have already had full international experience with the Super Eagles as Siasia hopes to put up a good challenge to win gold this year after falling just short in his 2008 spell in charge.

Acting IGP, Ibrahim Idris, orders police officers to declare their assets

Acting Inspector General of Police, Ibrahim Idris, has ordered police officers from the rank of Assistant Superintendent of Police (ASP) to Inspector-General of Police to declare their assets in accordance with Section 13 cap 15 Code of Conduct Act.

Idris stated this during a courtesy call he made on the Minister of Interior, Lt.-Gen. Abdulrahman Dambazau (rtd) yesterday June 23rd. “Every police officer from the rank of Assistant Superintendent of Police to Inspector-General who are commission officers must declare their assets“Idris said.

'They took back control of their country' Donald Trump calls Brexit a ‘great thing’ after arriving Scotland

After British citizens voted yesterday to remove Britain from the European Union, U.S Republican Presidential candidate endorsed the exit, calling it a great thing and that the British people 'took back control of their country'.

The billionaire businessman arrived at his Scottish golf course, Trump Turnberry, in a private chopper during the reopening of the refurbished Open venue golf resort.

We Monitored PDP Primaries In Edo – INEC Counters Ali Modu Sheriff

The Independent National Electoral Commission, INEC, has contradicted claims by the factional Chairman of the Peoples Democratic Party, PDP, Senator Ali Modu Sheriff that the commission’s personnel did not monitor last Monday’s governorship primary in Edo State conducted by the Makarfi-led caretaker committee.
While inaugurating his group’s version of the governorship election primaries committee for Edo State yesterday in Abuja, Sheriff said, “INEC is a creation of law and is created to monitor political parties. We are told officially that INEC did not send anybody to monitor the election.”

Mass Sack: Ngige Meets Senators Over Withdrawal Of Banks' License (Photos)

The minister of Labour and Employment, Chris Ngige met with Senator Rafiu Ibrahim who is the Chairman Senate Committee on Banking, Insurance & Other Financial Institutions and other senators in Abuja on Thursday to deliberate over banks' license withdrawal. The minister had threatened to withdraw the operating license of any bank and telecommunication company that failed to yield to stop mass sack of workers in their employ.

He said;

BBOG & Family Demand Whereabout Of Amina Ali Nkeki

Nigeria's Bring Back Our Girls movement and family members are demanding that the government provide news of the only schoolgirl among 219 kidnapped to escape the clutches of Boko Haram Islamic extremists.

"Even this morning people came to my house asking if I had been able to find out her whereabouts. It's outrageous! Some people are crying! We don't understand why the government wants to keep her family away," Yakubu Nkeki, an uncle of Amina Ali Nkeki, told The Associated Press by telephone on Thursday.