World Bank President, Mr Paul Wolfowitz, has stated that about $300 billion oil wealth has been stolen from Nigeria in the last four decades. Wolfowitz however, praised President Olusegun Obasanjo for the fight against corruption singling out the Economic and … read more
MILITANTS in the Niger Delta say they have not ceased hostilities in the region. In an online statement yesterday the Joint Revolutionary Council, reiterated its earlier stand that the release of their leader, Asari Dokubo was the solution to enduring … read more
An internal battle broke out Monday within Nigeria’s ruling Peoples Democratic Party over impeachment processes against three of its 28 state governors. The party controls 28 of the country’s 36 states. Monday’s battle followed the impeachment of Ayo Fayose, governor … read more
The State Security Services (SSS) said yesterday it was investigating the involvement of a lawmaker and traditional ruler in Bayelsa State in the spate of hostage taking that has enveloped the Niger Delta Region even as it declared 5 suspected … read more
A new twist has been introduced into the crisis in Ogoni as a previously unknown group, Ogoni Oilfield Landlords Association, given some conditions that must be met by the Federal Government and the Shell Petroleum Development Company before oil production … read more
The organised private sector in Rivers State has warned that the spate of hostage taking in the Niger Delta could result in the exodus of experts in the oil industry from the region. Already, the deep offshore logistics in the … read more
The governor of Ekiti State in Nigeria, has been impeached after MPs found him and his deputy guilty of corruption. Ayo Fayose’s sacking has heightened tensions in the south-western state with riot police deployed in the state capital, Ado-Ekiti. Mr … read more
Africa’s most populous country, is due to release the results of a census conducted in March 2006, but will probably postpone any announcements until after the 2007 general election. Censuses are controversial in Nigeria because rival ethnic and religious groups … read more
Hundreds of soldiers are on the streets of the central Nigerian city of Jos following clashes Friday between riot police and demonstrators protesting the attempted impeachment of the state governor. Witnesses said at least one person was killed. Jos, a … read more
First Bank of Nigeria Plc has committed the sum of N7 million to the hosting of the 45th First Bank Lagos Amateur Open Golf Championship. The tournament, which will tee off by 06.15 hours today on the lush Golf course … read more