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Daily Archives: 5th April 2016

Nationwide darkness worsens


TCN explains power outages The epileptic supply of electricity across the country has persisted and is not likely to go soon as vandalism of pipelines has prolonged the perennial shortage of gas to thermal power plants,. This is coming as the System and Market Operation Departments of the Transmission Company of Nigeria (TCN) monday explained why Nigeria’s current electricity generation ...

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Buhari blames PDP for Nigeria’s Economic woes

President Muhammadu Buhari

We failed to save for the rainy day, says Ajimobi President Muhammadu Buhari monday held the Peoples Democratic Party’s 16-year reign responsible for the nation’s prevailing economic woes and said the party failed to save for the rainy day. “In the First Republic, more enduring infrastructure was built with meagre resources. But in the past 16 years, we made a ...

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Economy still gloomy as job, production crises worsen

CBN House

• Indices end negative in first quarter • Forex scarcity hobbles manufacturing For the third consecutive month of 2016 (Q1), production level, employment data and general business activities recorded disappointing outcomes, with raw material inventories and new orders data, among others, which are facilitated with foreign exchange, falling at a faster rate. This verdict was contained in the Central Bank ...

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Tuberculosis hits Anambra, 2,000 hospitalised

The state Commissioner for Health (Anambra), Dr. Joe Akabuike

No fewer than 2,000 tuberculosis patients are receiving treatment at various Directly Observed Therapy Centres in Anambra State. The state Commissioner for Health, Dr. Joe Akabuike, said this in a press briefing in his office in Awka on Monday. He added that Anambra State and 13 other states, including FCT, contributed to over 75 per cent of the total TB ...

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#PanamaPaper: Saraki, Ibori in fresh controversy over secret assets

Bukola Saraki, Senate President

The Senate President, Bukola Saraki’s family and a former governor of Delta State, James Ibori, were among some prominent Africans named in a newly discovered secret offshore assets scam released by a German newspaper Süddeutsche Zeitung. The German newspaper on Monday  released the Panama Papers, the biggest leak in the history of data journalism, publishing online 11.5 million documents from ...

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