News

CBN to convert Naira notes to coins

With a pass mark on the ongoing reforms in the banking industry, Central Bank of Nigeria (CBN) Governor, Prof Charles Soludo yesterday hinted of a major restructuring of the country’s currency, the naira. Prof Soludo who spoke in Lagos at … read more

Militants Threaten Odili & Jonathan

Movement for the Emancipation of the Niger Delta (MEND) has threatened to unleash another round of mayhem in the Niger Delta region this month in apparent reaction to the outcome of the recent presidential parley in Abuja. Besides, the militants … read more

Odili: Tenure Extension is Crazy

For antagonists of a third term of office for Pres-ident Olusegun Obasanjo and state governors, a strong voice was added to their advocacy at the weekend as Rivers State Governor Peter Odilli described as crazy the clamour for an extension … read more

Dangerous scramble for free fuel

THE abject poverty in which Nigerians wallow was pointedly advertised on Monday, April 3, 2006 when there was a rupture in a Nigerian National Petroleum Corporation (NNPC) pipeline at Oke-Odo on the outskirts of Lagos. As a result of this … read more

MILITANT groups threaten Exxon Mobil

MILITANT groups in the troubled Niger Delta region Monday threatened to attack oil installations belonging to Exxon Mobil, just as they declared that they have begun to mobilize troops for fresh onslaughts against other agents of imperialism. “We hereby declare … read more

20 killed in Nigeria’s boat mishap

A boat carrying an uncertain number of passengers capsized in the southern Nigerian state of Delta, killing some 20 people, Nigeria’s major media reported today. An estimated of 20 bodies have been retrieved, according to the reports. The boat went … read more