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  2. 2011>
  3. October>
  4. 11

EFCC Arraigns Alao-Akala, Senator Agboola Over N11.5bn Fraud

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Cover Stories/News

The Economic and Financial Crimes Commission, EFCC, today, arraigned former governor of Oyo State, Otunba Adebayo Alao-Akala, and two other persons; Senator Hosea Ayoola Agboola and Mr. Olufemi Ademola Babalola, a private businessman before Justice Mos...

Continue ReadingEFCC Arraigns Alao-Akala, Senator Agboola Over N11.5bn Fraud

Two Muslim Pilgrims Die In Hajj

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News

  Alhaji Abdullahi Mukhtar, Commissioner  of Operations, National Hajj Commission, has announced that two Nigerian pilgrims have died so far during this year's hajj in Saudi Arabia. Mukhtar told newsmen on Monday in Abuja that one of the ...

Continue ReadingTwo Muslim Pilgrims Die In Hajj

Gas Plant Shut Down: NNPC Rules Out Nationwide Blackout

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News

  The Nigerian National Petroleum Corporation (NNPC) has debunked insinuations that a nationwide blackout was imminent due to shutdown of some gas plants in the country.   The views of NNPC is contained in a statement issued by Dr Levi Ajuonu...

Continue ReadingGas Plant Shut Down: NNPC Rules Out Nationwide Blackout

Naira Slides Further On Fear Of Devaluation

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Business/Money/News

The naira continued its slide yesterday as the Central Bank of Nigeria (CBN) sold $400 million at 156.91 naira to the dollar at its bi-weekly foreign exchange auction. This was short of the $736.94 million demanded by authorized dealers. Pronouncements...

Continue ReadingNaira Slides Further On Fear Of Devaluation

Analysts Applaud Proposed Removal Of Fuel Subsidy

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Business/Energy/News

Say it will remove distortions, rent-seeking from economy - The proposed removal of fuel subsidy by the Federal Government has been applauded by local and international analysts, saying the move, if ratified by the National Assembly will reduce distort...

Continue ReadingAnalysts Applaud Proposed Removal Of Fuel Subsidy

Paper Sector: Nigeria Loses N153bn To Low Capacity Utilisation

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Business/News

Nigeria lost N153 billion to low capacity utilisation in the paper sector between 2006 and 2009 says Prof. Peter Onwualu, Director-General, Raw Materials Research and Development Council (RMRDC). Onwualu told the News Agency of Nigeria (NAN) on Monday ...

Continue ReadingPaper Sector: Nigeria Loses N153bn To Low Capacity Utilisation

Foreign Reserves Drops To Lowest Level In 3 Months

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Business/Money/News

Nigeria’s foreign reserves slipped to its lowest level in three months, closing last week at $31.318 billion. The last time the reserves reached this region was on July 5 when it closed at $31.581 billion and thereafter peaked at $35.071 on Septe...

Continue ReadingForeign Reserves Drops To Lowest Level In 3 Months

Perspectives On Cost Of Governance (2)

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Features/News

Being text of presentation by former FCT Minister, Malam Nasir el-Rufai, at the biennial conference of the Nigerian Guild of Editors in Benin, Edo State, recently So assuming that they manage to pass another seven bills before the end of this year, it ...

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FRSC Apprehends 11,800 Traffic Offenders In Delta

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News/Politics

The Delta command of Federal Road Safety Commission (FRSC) has said that no fewer than 11, 857 offenders in the state were arrested for 13,438 traffic offences between April and September. The Sector Commander, Mr Luka Ikpi, gave the figures in an inte...

Continue ReadingFRSC Apprehends 11,800 Traffic Offenders In Delta

Insecurity: What Hope For The Common Man?

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Features/News

The security situation in the country has degenerated to the extent that public functions are now held in secluded places amidst tight security. ROSE ADAH reports that governments seeming inability to handle the situation may have left ordinary Nigeria...

Continue ReadingInsecurity: What Hope For The Common Man?

Corps Member Renovates Classroom Block In Sokoto

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:Features/News

A National Youth Service Corps (NYSC) member, serving in Sokoto State, Mr. Okereke Franklin has renovated a block of three classrooms at the Shabra primary school in Yabo local government area of the state, at the cost of N550,000. The Batch “C&r...

Continue ReadingCorps Member Renovates Classroom Block In Sokoto

Economic Implications Of Low Utilisation Of Local Raw Materials onomy

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News/Technology

Nigeria is blessed with abundant raw materials, yet its economic growth is not encouraging. A recent report showed that poor utilisation of its local raw materials is a contributing factor. CHINYERE AMALU writes. Over dependence on the imported raw mat...

Continue ReadingEconomic Implications Of Low Utilisation Of Local Raw Materials onomy

Nigeria Is Under A Yoke – Menakaya

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News/Politics

What is your assessment of this country? To me, I will say I knew Nigerian colony of British Empire. And independence was granted to us, it’s not easy to say what we have gone through but my description of Nigeria is that Nigeria is like an old m...

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More Trouble For Sylva!

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News/Politics

FRANCIS AGBO (Abuja) and OSA OKHOMINA (Yenagoa) chronicle the electoral deficits of Governor Timipre Sylva ahead of the 2012 governorship polls in Bayelsa State. In Bayelsa State, the fear of Famou Tengbei used to be the beginning of wisdom until recen...

Continue ReadingMore Trouble For Sylva!

Playing Politics With Ishola’s Death

  • Post author:Leadership Newspapers
  • Post published:
  • Post category:News/Politics

SAKIN BABALOLA in Ibadan writes on the intrigues trailing the death and burial of Chief Kolapo Ishola, former governor of Oyo State. Williams Shakespeare, it was, who says in Julius Caesar that when beggars die, there are no comments seen but “he...

Continue ReadingPlaying Politics With Ishola’s Death
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