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TETFUND: Buhari Commissions Multi-Billion Naira Facilities at NDA, Others

TETFUND: Buhari Commissions Multi-Billion Naira Facilities at NDA, Others President Muhammadu Buhari has Commissioned Tertiary Education Trust Fund’s sponsored annual intervention projects at the nation’s foremost military university, Nigeria Defence Academy, Nigerian Airforce Institute of Technology, Kaduna Polytechnic as well as Kaduna State University. The Chairman,...

Last Man Standing: Alhaji Aminu Dantata @ 90, by Munzali Dantata

Last Man Standing: Alhaji Aminu Dantata @ 90, by Munzali Dantata     Aminu Dantata was one of the eighteen surviving offsprings of Alhassan Dantata when I was growing up in the 1960s. Most of them lived on the same street founded by their father, around 1910,...

A Country That Is Bleeding, by Eric Teniola

A Country That Is Bleeding, by Eric Teniola       On April 22 this year, the Minister of Defense, Major General Bashir Salihi Magashi (71) (rtd) was on the spot. He told State House correspondents that “Nigeria is bleeding”. During the media chat, he informed us all...

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn       Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN) disclosed this in its Depository Corporation...

Shell Shuts 180,000-bpd Oil Pipeline, Exports Threatened

The nation’s crude oil exports have suffered another setback with the shutdown of the Trans Niger Pipeline, which carries Bonny Light crude, as a precautionary measure after a fire was seen, a spokesman for Shell Petroleum Development Company of Nigeria Limited said. The 28-inch TNP,...

Oil Falls Below $50 on Nigeria, Iraq Supply Boost

International oil benchmark, Brent crude, retreated on Monday, falling below the $50 per barrel mark on worries about growing Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising US oil rig count. China’s July diesel and gasoline exports soared 181.8 per cent...