ANALYSIS: Jonathan’s transformation agenda on economy

Goodluck Jonathan, the presidential candidate of the ruling Peoples Democratic Party (PDP), has promised to consolidate his administration’s achievements on the economy, particularly in ensuring that the country attains stable power supply, while agriculture is commercialised and mechanised to provide employment to the youth as well as build a stable economy. His manifestoes, called ‘Agenda for Transformation’, launched as part…

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OIL POLITICS: Seekers of selective transparency

By April 15, 2011, important financial reforms proposed by the U.S. government will come into force. Transnational corporations listed on the US Securities and Exchange Commission (SEC) have been scrambling to insert clauses that would allow them continue operations on the well-worn path of double ‘transparency’ standards. Observers hope there will be no serious changes in the SEC rule as…

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Ekiti senator wants broadcast service sanctioned

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The lawmaker representing Ekiti North Senatorial District at the National Assembly, Ayo Arise, has called for the National Broadcasting Commission to sanction the Ekiti State Broadcasting Service. Mr Arise claimed that the broadcasting station announced that he (Arise) lost in Ido/Osi, Oye, Moba and Ikole Local Governments in the National Assembly elections that were cancelled by the Independent National Electoral…

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House of Assembly candidate petitions police

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The battle for supremacy in Akungba Akoko in Akoko South West Local Government Area of Ondo State has continued to create tension in the area as the Action Congress of Nigeria (ACN) and the Labour Party (LP) intensify efforts to hold sway in the area. The crisis in the area has degenerated to a level that the two parties have…

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Kaduna non-indigenes return home to vote

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Investigation in some motor parks in Kaduna metropolis revealed that the number of passengers travelling out of the state have increased for a non-festive period. Fears of fresh violence in some states in the north were reported, following the cancellation of the April 2 National Assembly election, which some political parties have described as a deliberate ploy by the ruling…

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Project Fame stars to attend Ghana Music Awards

Winners of MTN Project Fame West Africa (PFWA), Iyanya Mbuk, Mike Anyasodo and Chidinma Ekile, are billed to perform at the 2011 installment of The Ghana Music Awards on Saturday, April 9, 2011. According to the awards’ PR company, Black House Media, the three acts will participate in different ways. “It’s part of the plans to expose and empower our…

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Onyema resumes at Stock Exchange

The new chief executive officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, said his agenda for the market will soon be unveiled to the public. Mr. Onyema, 43, who assumed office officially yesterday, as the fourth CEO of the NSE, told NEXT that he has developmental plans for the market but "will soon address the general public" on…

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Central Bank closer to target on bad debts

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Shekarau’s economic blueprint

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‘Nigeria spent N300bn on technology transfer agreements in 10 years’

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Africa receives $40bn in remittances in 2010

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Petroleum marketers plan independent storage facility

The south-west zone of Independent Petroleum Marketers Association of Nigeria (IPMAN) will soon acquire a storage facility to ease distribution, Olumide Ogunmade, the south-west chairman of the group, said. He told the News Agency of Nigeria (NAN) in Lagos on Monday that the aim of IPMAN owning a facility was to reduce difficulties often encountered by members in times of…

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Naira under pressure after poll chaos

The naira and its $500 million Eurobond could come under pressure in the coming days as the postponement of national elections unnerves investors, traders and analysts said on Monday. Africa's most populous nation postponed parliamentary and presidential elections by a week on Sunday, after failing to get logistics prepared in time, a major embarrassment for a nation hoping to break…

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Nigeria dumps nuclear power plans

Nigeria may have foreclosed any plans to explore nuclear energy as an alternative source of electricity power generation. Minister of state for power, Nuhu Wya, who gave this hint in Lagos, said the country would explore other means of power generation in which it has comparative advantage. Responding to a question at the power conference held in Lagos last week,…

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EPL matches behind closed doors?

5 April 2011 The possibility of playing the rest of the Egypt premier league season behind closed doors or on pitches inside military camps has been suggested by the country's football association in the wake of a violent crowd invasion at the weekend. The league was due to restart on April 13 but has now been postponed indefinitely in the…

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