BY JOY OKON, ADOLPHUS DURU, JAMES AKINOLA Tensions in Rivers State have escalated as Ijaw groups, including the Ijaw National Congress and the Ijaw Youths Council, issued a strong warning against the impeachment of Governor Siminalayi Fubara. The groups declared their readiness to defend Fubara’s mandate, cautioning that any moveContinue Reading
An economist, Paul Alaje, says the ongoing price war between the Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited will “erode abnormal profit” enjoyed by capitalists. “You may want to call it a price war but in economics, when a duopoly fights, it is the best for theContinue Reading
BY GODWIN OBI The Federal Government has initiated criminal proceedings against mobil telecommunication giant, MTN Nigeria Communications Plc and two others over their alleged hoarding of information requested by Federal Competition and Consumer Protection Commission (FCCPC). Listed as co-defendant with MTN, in a charge, now pending before the Federal HighContinue Reading
BY OGDWIN OBI The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a significant leadership shakeups. These appointments affect crucial areas such as Monetary Policy department, Trade and Exchange Department, Banking Supervision, Payment Systems and Consumer Protection among others. This new appointments are comingContinue Reading