President Umaru Yar�Adua on Monday said that the increasing prices of crude oil in the international market were dangerous to the Nigerian economy. Yar�Adua raised the alarm at the 25th Annual International Conference and Exhibition of the Nigerian Association of … read more
The Federal Government on Monday in Kaduna raised fresh alarm over the debilitating impact of malaria on the nation�s population. It said an estimated N800bn would be required for the treatment of about 110m Nigerians now known to be active … read more
A group of militants with suspected links to al-Qaeda in northern Nigeria has been arrested according to Nigeria’s internal security service. A State Security Service spokesman said men in three states were detained and explosive-making devices were found. Nigeria has … read more
A United States court paper has revealed how the Peoples Democratic Party (PDP) and officials of the Federal Government fought over the distribution of $6 million (about N750 million) Wilbros bribe. According to Empowered Newswire report, the court papers showed … read more
The Federal Government�s aspiration to achieve 70 per cent local content in the oil and gas sector by 2010 may not be feasible, following alleged poor compliance with the guidelines governing the Local Content policy by most International Oil Companies … read more
Senator David Dafinone, Alhaji Asari Dokubo and other leaders have called for the establishment of a Niger Delta Reconstruction and Development Bank, to act as custodian of funds accruing to the communities from royalties. They also called for greater involvement … read more
The United States of America may have resolved to freeze assets belonging to the embattled former governor of Delta State, Chief James Ibori. A report by the online-based Saharareporters.com quoted a US government source as saying that the National Security … read more
Africa Medical Association (AFMA) admitted at the weekend in Abuja that it has failed in the prevention and control of the dreaded HIV/AIDS disease. It, however, said that behavioural change on the part of men folk remains the best antidote … read more
Nigeria�s feared rebel group, Movement for the Emancipation of the Niger Delta (MEND), said it played a decisive role in Nigeria�s failure to win the bid to host the 2014 Commonwealth Games. In a three paragraph email sent to The … read more
Five former governors may have given the Economic and Financial Crimes Commission undertakings to return more than N50bn looted public funds within the next two weeks. A top source in the EFCC told our correspondent that they risked arraignment before … read more