Author Archives: Chief Oyibo

Police find 12 bodies, rescue expat hostage

Police in Nigeria’s main oil-producing region have discovered 12 bodies left in a village and rescued a Romanian expatriate worker kidnapped in separate incidents, authorities said on Friday. Police on patrol on Wednesday “saw the corpses of 12 persons, suspected … read more

SIM card registration extended

The Nigerian Communications Commission (NCC) has given a grace period for subscribers who were unable to register their SIM cards during the six-month registration exercise. A statement by the NCC and signed by the Head, Media and Public Relations, Reuben … read more

FG denies bomb paranoia

The federal government has said the decision to have a low-keyed celebration of this year’s national Independence anniversary has nothing to do with fears over the threat of bombing by either the Movement for and Emancipation of the Niger Delta … read more

CBN governor backs fuel subsidy removal

THE Governor, Central Bank of Nigeria (CBN), Mallam Lamido Sanusi, has urged Nigerians not in support of government removal of subsidy for petroleum products to forget it, insisting that the days of oil subsidy are numbered. Sanusi said the CBN … read more

Nigeria’s Middle Class Growing

A new detailed survey and report on Nigeria’s expanding middle class, issued by the leading emerging markets investment bank, Renaissance Capital, has portrayed Nigeria as a nation that is optimistic about economic growth, values entrepreneurship and is positioned to capitalise … read more