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Recession: Foreign banks in Nigeria set to acquire local ones

STANLEY OPARA Some foreign banks which are operating in Nigeria are planning to acquire and recapitalise weak banks in the country, recent developments have shown. The weak banks are currently valued below their true worth in the country’s capital market, following the prevailing negative sentiment of investors, which has diminished their capital status, making them […] The post Recession: Foreign ...
Added about 2 hours ago from The Punch News

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The President is Not Dead – Garba Shehu Confirms Buhari is Still on Holiday

This evening, fake news that President Muhammadu Buhari passed away in London was being spread on the internet. Metro UK reported – Nigerian President Muhammadu Buhari has died in a London Hospital where he was receiving medical care, the Nigerian Mission in UK has said. According to the information released by the Nigerian Embassy, Buhari […]
Added about 5 hours ago from Bella Naija

Prostrating patiently to get PhD

Prostrating patiently to get PhD It is acutely annoying and unacceptable to my temperament that in the bid to earn the coveted PhD, some ambitious students are made to stretch from three years onto eternity the task of writing a so-called dissertation....
Added 6 minutes ago from Guardian News

Southern Kaduna Killings: Massive Scepticism, Despite Huge Security Deployment

John Shiklam, in Kaduna, writes that the heavy security deployment in southern Kaduna has done little to reassure the natives that they are safe from the incessant attacks by Fulani herdsmen, which has killed over 200 people in the last few weeks At last, the federal government has deployed massive security personnel to southern Kaduna […]
Added 8 minutes ago from This Day News

Cyprian Imobhio, an Ambassador of Peace

Bneficiaries of the ‘Ambassadors for Peace’ and ‘Justices of Peace’ awards have been on the increase in recent times becoming the largest and most diverse networks of peace leaders in the world today. They come from all walks of life representing many races, religions, nationalities and cultures. These network of leaders stand on the common […]
Added 11 minutes ago from This Day News

Ikpehare Aig-Imoukhuede: 10 Years After

Ten years after we lost Ikpehare Izedomi Aig-Imoukhuede, the prismatic columnist of Vanguard newspaper, we are still grieving and regretting we’ve not gotten an heir, a successor, nay a pupil to step into the great shoes of the master. It is the sign of a sinking age. A hero departs and seems to take with […]
Added 14 minutes ago from This Day News

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Gyan Sends Ghana into Quarters

Asamoah Gyan headed Ghana into the quarterfinals of the Africa Cup of Nations yesterday while Uganda were condemned to an early exit after an agonising defeat to Egypt in Port-Gentil. Gyan scored the only goal of the first match of the day in a Group D double-header in the Gabonese port city, securing a 1-0 […]
Added 36 minutes ago from This Day News

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Chelsea’s Costa Set for Return against Hull

Chelsea will have Diego Costa available when they host Hull as they aim to stretch their lead at the top of the table today. The striker’s future at the club appeared to be in doubt following a reported row with head coach Antonio Conte amid the backdrop of a £30m-a-year offer from Chinese Super League […]
Added about 1 hour ago from This Day News

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Rooney Salvages Point for United with Record Strike

Wayne Rooney fired home a spectacular injury-time equaliser to break Bobby Charlton’s Manchester United goalscoring record and force a 1-1 draw with Stoke City in yesterday’s Premier League clash. Rooney couldn’t have chosen a better way to grab his 250th goal for the club from a free-kick with time running out after United had trailed […]
Added about 1 hour ago from This Day News

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As MPC Meets Tomorrow, Analysts Predict Rates Retention to Further Check Inflation

A worker busy in one of the vehicle assembly plants in Nigeria Kunle Aderinokun As the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) converge on Abuja tomorrow for its maiden meeting this year, economic analysts have predicted that its members would vote for retention of the policy rates. Specifically, the analysts […]
Added about 1 hour ago from This Day News

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The Perennial Power System Collapse

The repeated collapse of Nigeria’s electricity transmission infrastructure has worsened supply to homes and offices, bringing back long-standing doubts on the durability of the transmission network, writes Chineme Okafor Last week, Nigeria’s overall power generation averaged about 1,681.36 megawatts (MW), down from a peak of 3,131.1MW that was generated before a reported system collapse, which [… ...
Added about 1 hour ago from This Day News