May 2009
PDP Denounces Mohammed Over Statement On U.S
Submitted by Anonymous on Sun, 05/31/2009 - 21:42THE Peoples Democratic Party (PDP) has denounced its deputy national chairman, Dr. Bello Haliru Mohammed, over the statement that the Embassy of the United States of America in Nigeria was collaborating with the opposition to undermine the democratic structure in the country.
Nigeria; Can Capital Market rebound be sustained?
Submitted by admin on Sat, 05/30/2009 - 17:19
DG NSE Ndidi Okereke
Things are beginning to look up for the Nigerian Stock Market which was recently rated by Bloomberg as the world’s worst performing stock in much of January,2009. Investors are beginning to smile and heave a sigh of relief after the gloom that followed the crash in the market last year. The earliest signs of a market rebound was in March when a cross border listing of $4.5 billion ordinary shares of Pinnacle Point Group Plc,a leading South African company on the Nigerian Stock Exchange jolted the market.
It was seen by observers as a vote of confidence on the nation’s stock market. A day after the listing of Pinnacle shares, a team of seven investors led by Aleksander Andjelopoly from Merrill Lynch visited the Nigerian stock Exchange on an exploratory mission. The seven man team
The unravelling of Dora Akunyili
Submitted by admin on Sat, 05/30/2009 - 17:14Perhaps only few vocations put practitioners consistently under the klieg lights than power politics. As politicians, especially those in public offices, would attest, power naturally thrusts you into the centre stage where you practically take your bath under the klieg lights. Since men naturally have egos, the notoriety conferred by power could also be exhilarating, and more so, when you are under focus for
Nigeria; The Changing Face Of Prostitution
Submitted by admin on Sat, 05/30/2009 - 17:07Nigeria; Prostitution is as old as the hills. However, in contemporary Nigeria, it has taken new dimensions and character. The red-light areas located deep in the metropolis still remain intact. Men whose libidos are charged visit such surburbs for quick sex far from the eyes of their wives. For that breed of the male sex, variety is the spice of life.
Nigeria; Naira Rises Against Dollar in Black Market
Submitted by admin on Sat, 05/30/2009 - 17:03Following the Central Bank of Nigeria’s decision to lift restrictions on the inter-bank foreign exchange market three months from now and increase weekly forex sales to bureau de change operators, the naira has appreciated as much as 12 percent against the US dollar in the parallel market. The naira, according to agency reports, traded at N160 to the dollar yesterday, compared with about N182 on May 22,
Niger-Delta War: For Freedom Or for Oil
Submitted by mysmallvoice on Fri, 05/29/2009 - 23:45I quite understand that no government will ever tolerate any deliberate act of destruction or disruption in which lives and properties are being damaged. The primary duty of any government is to protect its citizens and their properties. And any government unable to perform this mathematical function must be rejected with contempt.
Hair From Hong Kong & Bleached Skin Favored By Black Men?
Submitted by I Love Nigeria on Fri, 05/29/2009 - 23:39Hair from Hong Kong & Bleached Skin Favored By Black Men? By Paul I. Adujie
Why do Black women bleach skins? And why do Black women wear fake hairs? Are these what Black men want? An African American comedian once joked that White Americans should be gratefully thankful to Michael Jackson because Michael Jackson mutilated himself by way of plastic
Nigeria; the PDP Hallucination
Submitted by admin on Fri, 05/29/2009 - 23:34Nigerians in Diaspora have reacted with anger to a ThisDay Publication, (Friday, 29 May 2009) in which Nigeria's ruling party, PDP accused the United States government and its embassy in Nigeria of conspiracy and plotting with opposition groups to destabilise the country. The PDP said part of the
Umaru Yar’Adua: Great Expectation, Disappointing Outcome Part 2 - by Nasir El- Rufai
Submitted by admin on Fri, 05/29/2009 - 04:20See also Umaru Yar’Adua: Great Expectation, Disappointing Outcome Part 1 - by Nasir El- Rufai
I met with Yar Adua the next day to intimate him of my plans - go on Umrah (Lesser Hajj), a two-week North Atlantic cruise, a short course at Harvard, complete my Law Degree and then back to Harvard for a longer fellowship. I also intimated Yar Adua of my plans to set up a policy advocacy think-tank, and invest in various ideas close to my heart. We agreed that I should meet with him when I am back
Gov Daniel’s Cook Keeps N400Million In Bank Accounts
Submitted by admin on Thu, 05/28/2009 - 22:55Abeokuta: The police in Ogun state have claimed that N400 million has been found in two bank accounts of a cook to the state’s governor, Otunba Gbenga Daniel, P.M.NEWS learnt in Abeokuta, this morning. However, from the governor’s office, Okemosan, came a rebuttal that the money found in the accounts was ‘just N13 million’. The accounts maintained by the cook, Tope Ikujenyo, are lodged