Nigerian citizens across the board would have to start coughing out a plethora of taxes with state governments in the country determined to start funding their budgets with Internally Generated Revenue (IGR) beginning from the 2010 financial year. At the … read more
LONG fuel queues have hit Lagos State and other major cities across the country, as the problem of logistics hinders efforts by the Pipeline Products and Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, to discharge … read more
The federal government says it will force oil majors producing crude oil in the country to either build their own refineries or take equities in existing ones. These are the two avenues through which government hopes to increase domestic refining … read more
THE Amnesty programme may have begun to yield fruit as Nigeria’s oil production has reached a record 2.4 million barrels per day (mbpd), the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Mohammed Barkindo, said at the … read more
After a meeting between President Umaru Musa Yar’Adua and the �Aaron Team� picked by the Movement for the Emancipation of the Niger Delta (MEND) to represent it in talks with the Federal Government took place, the militant group has for … read more
Switzerland has inflicted a shock 1-0 defeat on hosts Nigeria to win the 2009 Fifa Under-17 World Cup in Abuja. Nigeria’s Golden Eaglets were chasing an unprecedented fourth U-17 world crown in front of a home crowd. When it was … read more
THE Federal Government and the Aaron Team put together by the Movement for the Emancipation of the Niger Delta (MEND) to negotiate crucial issues affecting the region, met yesterday in Abuja, the Federal Capital. The meeting, at the instance of … read more
Nigerian media, this week, turned attention to the pledge by President Umaru Yar’Adua to deal decisively with any public official who runs foul of the law. “I won’t shield corrupt officials – Yar’Adua”, was the headline of the Vanguard newspaper … read more
A commuter bus commandeered by an official of Lagos State Traffic Management Authority (LASTMA) crashed into the crowd killing many people early Saturday morning in Adeniji Adele part of Lagos, Nigeria. An eye witness told The Times of Nigeria that … read more
Six days after he was seized on the Port Harcout-Enugu Expressway, the popular Nollywood actor, Nkem Owoh, aka Osuofia, on Saturday regained freedom from his abductors. Owoh‘s freedom was said to have been negotiated by members of his family who … read more