Research: African tweeters young at 20-29; led by South Africa, Kenya, Nigeria
- Details
- Category: Newsflash
- Published on Thursday, 26 January 2012 16:21
- Written by Associated Press
Young people tweeting from Blackberries and iPhones are driving the growth of Twitter in Africa, with South Africans by far the most vociferous, according to new research published Thursday. Kenya-based Portland Communications and Tweetminster published findings indicating Twitter in Africa is widely used for social conversation and is fast becoming an important source of information. More than 80 percent of those
Read more: Research: African tweeters young at 20-29; led by South Africa, Kenya, Nigeria
Fuel Subsidy Removal: Enugu Govt introduces free transport for students
- Details
- Category: Newsflash
- Published on Sunday, 22 January 2012 20:32
- Written by Elombah.com
Enugu State government has introduced free transport services for primary school pupils and secondary school students in the South Eastern state. It becomes the latest Nigerian state to introduce measures to alleviate sufferings and hardships induced by this years removal of subsidy on petroleum products by the Federal government. The State Commissioner for Information, Mr. Chuks Ugwoke, who disclosed this at the end of the first meeting of
Read more: Fuel Subsidy Removal: Enugu Govt introduces free transport for students
#OccupyNigeria Members Mourn Kano Attack Victims
- Details
- Category: Newsflash
- Published on Sunday, 22 January 2012 20:04
- Written by Emmanuel G. Onofua
Members of #OccupyNigeria in Abuja rolled out in black today to mourn victims of terror attacks perpetrated by Boko Haram in Kano on Friday. They condemned in its entirety the killing of innocent Nigerian and destruction of properties. Members of the group also called on Government to rise up and be decisive in the wake of the current security challenges facing the country's peace, unity, co-existence and freedom. They Also advised the security
Tension in Onitsha over ejection of Yoruba, Hausa traders
- Details
- Category: Newsflash
- Published on Sunday, 22 January 2012 16:27
- Written by Elombah.com
TENSION is mounting in the commercial city of Onitsha, Anambra State following ejection order on Hausa and Yoruba traders along the Bridgehead market. The traders, who described the state government’s directive as biased and ethnically motivated, argued that they are legitimate tenants to the Federal Ministry of Housing adding that they have valid receipt of payment that will expire by 2014.
Read more: Tension in Onitsha over ejection of Yoruba, Hausa traders
Gunmen kidnap American in Nigeria's delta region
- Details
- Category: Newsflash
- Published on Saturday, 21 January 2012 10:54
- Written by Elombah.com
Unidentified gunmen kidnapped an American working for Marubeni Corp in Nigeria's oil-rich Niger Delta region on Friday, killing his driver and demanding a 50 million naira ($310,300) ransom, a security source said. The U.S. embassy confirmed that one of its citizens had been abducted. "A foreign national was kidnapped this morning in Warri by gunmen who trailed him from Sapele," Charles Muka, spokesman for the Delta Police Command, told Reuters.
Nigeria Set to borrow another N240billion
- Details
- Category: Newsflash
- Published on Thursday, 19 January 2012 15:15
- Written by Daniel Elombah
[elombah.com] Nigeria plans to raise between 129.75-239.75 billion naira ($1.49 billion) in 10-year sovereign bonds in the first quarter of the year, the Debt Management Office (DMO) said on Thursday, a major step to plug the revenue gap in 2012. Put simply, Nigeria is set to borrow between 130 - 240 billion naira ($1.49 billion) between now and March 2012 from the international market.
China's $100 bln missing reserves look ominous
- Details
- Category: Newsflash
- Published on Wednesday, 18 January 2012 14:38
- Written by Reuters
AND YOU THINK NIGERIA IS CORRUPT AND INEFFICIENT?
HONG KONG, Jan 16(Reuters) - China has somehow misplaced $100 billion. That's how much is unaccounted for in the country's $3.2 trillion foreign exchange reserves, which fell for the first time in a decade over the last quarter. If that's hot money leaving the country, so be it. But genuine capital flight
