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Four Aid Workers Kidnapped by Islamist Militants In Nigeria

by William Ukpeon June 29, 2020
About four aid workers and a private security worker have been abducted in Northeast Nigeria. The aid workers represent various International NGOs from Action Against Hunger, International Rescue Committee and Reach. The workers were seen in a video appealing to their NGOs to rescue them. The rising insecurity in Nigeria has led to a series […]

South African Retailer, Mr Price To Exit Nigeria

by William Ukpeon June 27, 2020
South African Clothing retailer, Mr Price Group ltd announced plans to close shop in Nigeria and focus more on its domestic South African market. The Company already closed four of its five stores in Nigeria and will close the last one in the coming months. Nigeria will be the 3rd Country After Australia and Poland […]

Urgent Need For Intervention In APC Leadership Crisis – Buhari

by William Ukpeon June 25, 2020
President Buhari warned that the APC may disintegrate if the internal leadership trouble facing the party is not solved. ” At the moment , our great party is faced with internal wrangling” Buhari said. ” It is obvious that the fortunes of the party are currently in jeopardy, administration of our party is becoming impossible […]

Nigerian Banks At Risk As Recession Nears – World Bank

by William Ukpeon June 25, 2020
The World Bank warns that the Nigerian Banking System faces a destabilisation risk due to the effects of Coronavirus which might lead to Nigeria’s worst recession in 40 years. The World Bank had earlier warned if Nigeria stops the spread, the economy would dip by 3.2%, but if not contained by later this year it […]

Nigeria Facing Severe Recession – World Bank

by William Ukpeon June 25, 2020
The World Bank revealed Nigeria is expected to face it’s worst recession in 40 years due to the Covid-19 pandemic affecting oil prices and reducing government revenues in its Nigeria Development Update report. The Bank expects Nigeria’s economy to dip by 3.2% in 2020 if the country contains the spread of the virus. If the […]

Embassy Demolition: Buhari And APC Brought Shame To Nigeria – PDP

by William Ukpeon June 22, 2020
The Peoples Democratic Party ( PDP) says the demolition of a property in the Nigerian Embassy in Ghana has ” further shown how Buhari and the All Progressives Congress (APC) incompetence has destroyed the respect and honour other nations had for our country”. In a statement signed by the party’s National Publicity Secretary Kola Ologbondiyan. […]