Did Barth Nnaji Resign over conflict of interest?

Although no official reasons were given for the sudden resignation of Prof. Barth Nnaji as Nigeria’s Power Minister, abusidiqu.com report indicates that the former Minister may have thrown in the towel because of conflict of interest. Below is how abusidiqu.com is reporting it: The Presidency has announced the resignation of the Minister of Power, Professor Barth Nnaji, […]

New Video: Tahday – Desire

FG Picks First Bank, UBS Executives to run Sovereign Wealth Fund

Nigeria moved closer on Tuesday to joining most of its Organization of Petroleum Exporting Countries partners in steering oil revenues into longer-term investment, announcing a top management team for its new sovereign wealth fund. Finance Minister Ngozi Okonjo-Iweala said the fund would start with a cash hoard of around $1 billion. Reuters says the top […]

Senate bars CBN from introducing N5,000 notes

Senate said it has directed the Central Bank of Nigeria (CBN) to suspend the introduction of the proposed new N5,000 notes until the apex bank fully and convincingly explains to it and Nigerians the merits of the new currency. Chairman, Senate Committee on Banking, Currency and other Financial Institutions, Bassey Otu, who disclosed this while […]

Babangida warns Jonathan, threatens to expose Buhari

 By Yusuf Alli: A few hours after President Goodluck Jonathan and ex-Head of State, Gen. Muhammadu Buhari took a swipe at former leaders, ex-Military President Ibrahim Babangida fired back. He asked Dr. Jonathan to learn to accept criticisms and threatened to expose the “holier-than thou-attitude” of Gen. Buhari. Gen. Babangida, who spoke through Prince Kassim Afegbua, his […]

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