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Dr Dalhatu Tafida

Nigerian High Commission to the UK

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Entertainment

Impact of Entertainment on Nigeria’s Economy

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Michelle Obama

Michelle Obama Inspires Young African Women in South Africa

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Business leaders meet

West Africa Global Trade and Investment Forum 2011

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Akanimo

LEADING THE ROUTE TO CARE, ADVENTURE OF ROOTS MEDICAL MISSION

    ROOTS MEDICAL MISSION ……..An Akan Udofia initiative By Lanre Alfred Gently, she sobbed, clasping her hands to indicate her mood. Ekaette Edet had found her hope. After seven years of More »

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Chuka Umunna

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Journey to rescue to Ekiti

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NEWS >>>

Nigerian Government Maintains Position on Subsidy removal

January 05, 2012   admin   2 Comments

President Goodluck Jonathan

The Nigerian government, at its Federal Executive Council (FEC) meeting yesterday, said it would not overturn its decision on the removal of subsidy on the country’s Premium Motor Spirit (PMS), also known as petrol.

Addressing newsmen after the meeting which was held at the Council Chambers of the State House in Abuja, Minister of Information, Mr. Labaran Maku, said that government was not unaware of the pains being experienced by Nigerians by the removal; as such, Federal Government had commenced a ‘massive mass transit scheme’ to cushion the effect of the subsidy removal on transportation.

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Ajumogbobia Tasks Africans in Diaspora

December 17, 2011   admin   2 Comments

Former Nigeria's Minister of Foreign Affairs, Odein Ajumogobia SAN

Former Nigeria’s Minister of Foreign Affairs, Mr Odein Ajumogobia, has called on Africans in the Diaspora to look homewards and tap into the increasing opportunities available on the continent, as they continue in their search for greener pasture.

Delivering  a well-researched paper titled ‘Harnessing Diaspora Economic Prospects for Africa’s Growth’ at the just concluded WIN Summit in London, Ajumogobia lauded the attachment of Africans to their fatherland as shown in amount of remittances accrued to the continent. In his word, “an estimated $40 billion was received in remittances from Africans in Diaspora in 2010. This was larger than the Gross Domestic Products (GDP’s) of 43 African countries in the same year, and speaks much about the current impact and future potential that the African Diaspora holds for the growth of the continent.

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South Africa’s ANC suspends Julius Malema

November 12, 2011   admin   2 Comments
Julius Malema

South Africa’s ruling African National Congress has suspended its Youth League leader, Julius Malema, from the party for five years, after finding him guilty of sowing division.

The firebrand youth leader was axed by the governing council of ANC for bringing the party into disrepute. The action would entail that Juju, as he is popularly called, step down as president of the ANC’s youth wing, as ruled by the party disciplinary committee.

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SSS Arrests Nigerian Youth Council President

November 09, 2011   admin   No comments

Olawale Ajani

The Nigerian State Security Service (SSS) agents have arrested the President of National Youth Council of Nigeria, Mr. Olawale Ajani.

According to a reliable source which confirmed the development, Ajani’s present travail is hinged on the announcement of the increasingly popular Hunger Strike 11-11-11 protest to be staged by a coalition of several Nigerian youth groups in Abuja on Friday 11 November 2011.

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INTERVIEWS >>>

ISAC Deepens Nigeria– Israel Relations

October 17, 2011   admin   1 Comment

Olatunji Adebayo

International Strategic Alliance Committee (ISAC), a new organisation which comprises of high-profile and influential Nigerians in the UK, staged its official launch in the cozy press room of the House of Lords in London recently.

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BUSINESS >>>

CBN Raises Benchmark Rate to Support Naira

October 11, 2011   admin   No comments

CBN Governor

In a move that takes key players in the financial industry by surprise, but which signified its determination to stop the freefall in the value of the naira, the Central Bank of Nigeria (CBN) on Monday raised its benchmark interest rate, the Monetary Policy Rate, MPR by 275 basis points, from 9.25 per cent to 12 per cent and also upped banks’ Cash Reserve Ratio (CRR) which is the proportion of banks total deposits held in cash balance with the CBN from 4 to 8 percent.

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