During the climate summit in Copenhagen this December, delegates from developing countries are pushing for the formation of a climate change fund to help the 3rd world pay for global warming. Nigeria has recently been the most vocal on advocating … read more
Kidnappers have abducted the popular Nigerian actor, Nkem Owoh. The president of the actors guild of Nigeria told channels television today that Mr. Owoh was kidnapped along Enugu-Port Harcourt express way. The kidnappers are reported to have demanded 15 million … read more
HUNDREDS of ex-militants from all the major camps in the Niger Delta yesterday, for several hours, disrupted operations of Chevron Nigeria Limited (CNL) along the ever busy NPA/Effurun expressway in Warri, Delta State, demanding for employment, skills acquisition programmes and … read more
Corrupt Nigerian leaders and others on the continent steal over $2 trillion every year from their countries according to the United Nations. The money, the organization said is lost in public assets moved across borders via money-laundering or undeclared holdings. … read more
A bitter squabble brewing between MasterCard worldwide and the Nigerian transaction switching company, InterSwitch, may put the fate of electronic business in Nigeria – valued at N500 billion by 2008 figures – in jeopardy, a NEXT investigation has revealed. The … read more
A Nigerian liquefied-petroleum-gas producer said Friday it is in talks with a disarmed militant leader to hire or train his men as local and international companies seek to consolidate the gains of a recent amnesty process. Royal Dutch Shell PLC … read more
THIRTY-SIX states governors across the country are today meeting in Yenagoa to take position on the deregulation of oil and gas sectors as being proposed by the Federal government. President Umaru Yar’adua recently described the moves as inevitable, the Nigeria … read more
Twenty Five witnesses of the Economic and Financial Crimes Commission (EFCC) are off to London over the trial of three associates of a former Governor of Delta State, Chief James Ibori at the Southwark Court 8 in London . The … read more
For the second week running, the deregulation of the dow nstream oil sector and reactions from various stakeholders captured headline news in Nigeria which also recorded its first swine flu case. The Nigerian Tribune headlined its story “Deregulation: Prepare For … read more
The EFCC, which energetically jumped into the banking crisis and whose chairman moved over 100 agents to Lagos at the height of the financial sector meltdown,is collecting 10 percent of all the monies recovered from debtors on behalf of banks, … read more