NewsReports

The African Development Bank’s Board of Directors on Wednesday approved a $600m loan for Nigeria, several months after the Federal Government had approached the lender for a budget-support facility. The loan is meant to help Nigeria plug its budget deficit as the nation grapples with its first recession in more than 20 years. The $600m loan is the first tranche …

With Nigeria reeling from the results of his disastrous rule, ex-President Goodluck Jonathan’s recent attempt to defend his top security aide in the $2.1 billion arms scandal trivialised the serious wound inflicted on the polity. With scant regard to context, the enormity of the sleaze uncovered on his watch and the odium attracted to the country, Jonathan rubbed salt into …

With clear indications that Nigeria may finally be on the way to meeting its rice consumption needs, some foreign countries are already displaying dissatisfaction and mounting opposition. This is as farmers across 13 states are starting near the end of wet season rice production with the help of N23 billion loans provided by the Central Bank of Nigeria’s Anchor Borrowers’ …

The Nigerian Nobel-winning author, now living in the US, tells Oxford students that it is up to young people to stand against ‘ultranationalism’ – in a speech that also took aim at Brexit and Bob Dylan The Nobel literature laureate Wole Soyinka has told students that if Donald Trump is elected president of the United States next week, he will …

The race between Hillary Clinton and Donald Trump appears to be getting even closer with just six days left before the election. An average of six different polls shows that Clinton is now just 1.7 percentage points ahead of Trump. But there’s still a lot of variation – one poll finds that Clinton is three points ahead, another finds that …

The Ohanaeze Youth Council and the Movement for the Actualisation of the Sovereign State of Biafra on Tuesday reacted to former Abia State governor, Orji Kalu’s assertion that the Igbo people are better traders than politicians. The groups, which spoke in separate interviews with our correspondent in Enugu, differed in their reactions to Kalu’s statement. The Ohanaeze Youth Council, the …

How do you gift your popularity to someone else? As Barack Obama rolls up his sleeves to ensure Hillary Clinton succeeds him in the White House, his argument increasingly boils down to a simple message: Do it for me. With approval ratings almost unheard of for an outgoing leader — 54 percent, according to the latest Gallup average — the …

The Indigenous People of Biafra, IPOB, Wednesday, said it welcomed the statement attributed to President Muhammadu Buhari, declaring that any Nigerian is free to leave the country if they have another one, but says no to the conditions he gave for such exit. Members of the Indigenous People of Biafra, IPOB IPOB in a statement entitled, “IPOB welcomes Muhammadu Buhari’s …

Stakeholders from the Niger Delta under the aegis of the Pan Niger Delta Forum on Tuesday attributed the renewed militancy in the region to what they called alienation and lack of meaningful development of the region. They said they had consulted widely and had come up with 16 points that could help the Federal Government achieve its “quick wins initiative.” …

All is now set for Nigeria’s former President, Dr. Goodluck Jonathan, to appear in the ongoing trial of his former NSA, Col Dasuki, to testify in favour of the former NSA. He had earlier faulted the charges slammed on Dasuki, claiming that the ex-NSA could not have stolen $2.2billion. He was quoted to have said, “We bought warships, we bought …