69 Countries Propel Nigeria To Become Africa’s Financial Centre

lagos Capital inflows into Nigeria worth $37.6 billion (N5.9 trillion) between January 2013 and Q3 2014 have moved the country a step closer to becoming Africa’s number one financial centre, according to BusinessDay Research and Intelligence Unit’s (BRIU) findings. This value represents the amount of capital importation into the country in fiscal year 2013 ($21.3billion) and from January to September ...

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Nigeria, China Sign $12billion Bullet Train Agreement

bullet train (Reuters) – China Railway Construction Corp has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African nation’s coast. The announcement comes shortly after Mexico abruptly scrapped a $3.75 billion high-speed rail contract with a consortium led by the Chinese firm over transparency concerns. China is pushing to win railway construction ...

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Court Frees Alleged Nyanya Bus Station Bomber

Aminu Ogwuche being escorted back to SSS detention after the court hearing /Sahara Reporters Media The two count charge brought against Aminu Sadiq Ogwuche, the alleged mastermind of the the Nyanya bombing, has been struck out by a Federal High Court in Abuja . The two count charge was struck out by Justice Adeniyi Ademola for want of diligent prosecution ...

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Revealed : The Nigerians Aboard Jet that Smuggled $9.3 million Arms Money to South Africa

PREMIUM TIMES A private jet that conveyed $9.3 million cash from Nigeria to South Africa for an arms deal between the two countries, had three Nigerians aboard, and passengers from Israel and Austria, new documents obtained by PREMIUM TIMES in Johannesburg have shown. PREMIUM TIMES obtained the manifest of the jet that transported the huge sum, and has confirmed the ...

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Jonathan has performed more than all other presidents since 1960 – Presidency Fires Back at Obasanjo

obasanjo and jonathan In a statement issued by Senior Special Assistant to the President on Public Affairs, Dr. Doyin Okupe.. Our attention has been drawn to comments made by a former President of this country, Chief Olusegun Obasanjo regarding the performance of the administration of President Goodluck Jonathan.“Chief Obasanjo had at an event over the weekend declared  that he rated ...

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