Why Higher Crude Oil Prices Won’t Save Economy

[Vanguard] Nigeria’s income from crude oil export has lately been boosted, fortuitously, by the unexpected rise in crude oil prices, beyond the 2017 budget benchmark of $44.5/barrel. This favourable outcome which is evidently buoyed by OPEC’s strategic…

[Vanguard] Nigeria's income from crude oil export has lately been boosted, fortuitously, by the unexpected rise in crude oil prices, beyond the 2017 budget benchmark of $44.5/barrel. This favourable outcome which is evidently buoyed by OPEC's strategic supply management, should ordinarily be a blessing to our economy. Indeed, such optimism on oil price may also be sustained by the International Energy Agency's January 2018 Oil Market Report, which projects oil price to remain between $60-$70/barrel this year.

source: AllAfrica News: Nigeria

Teachers Council Warns 13 States Owing Teachers Salaries

[Vanguard] Ibadan -THE Teachers Registration Council, TRCN, has threatened to take decisive action against the 13 debtor governors owing their teachers backlog of salaries and other allowances despite the bailouts they had received from the Federal Gov…

[Vanguard] Ibadan -THE Teachers Registration Council, TRCN, has threatened to take decisive action against the 13 debtor governors owing their teachers backlog of salaries and other allowances despite the bailouts they had received from the Federal Government.

source: AllAfrica News: Nigeria

Ekweremadu Denies Calling for Military Coup

[Vanguard] Yenagoa -Deputy Senate President, Dr Ike Ekweremadu, weekend, distanced himself from an alleged statement making the rounds that he called for a military coup in the country.

[Vanguard] Yenagoa -Deputy Senate President, Dr Ike Ekweremadu, weekend, distanced himself from an alleged statement making the rounds that he called for a military coup in the country.

source: AllAfrica News: Nigeria

Killing of 1,351 – We’ve Arrested Many Suspects Nationwide – Police

[Vanguard] Abuja -Some of those who took part in the killing of no fewer than 1,351 Nigerians across the country, since the beginning of this year, have been arrested, the Police have said.

[Vanguard] Abuja -Some of those who took part in the killing of no fewer than 1,351 Nigerians across the country, since the beginning of this year, have been arrested, the Police have said.

source: AllAfrica News: Nigeria

Mnangagwa Is the Biblical Joshua to Lead the Country to the Promised Land, Claims Bishop Ndanga

[New Zimbabwe] LEADER of the Apostolic Christian Council of Zimbabwe, Bishop Johannes Ndanga who vowed that former president Robert Mugabe was going to die in office as was been prophesied, now says it is President Emmerson Mnangagwa who was ordained t…

[New Zimbabwe] LEADER of the Apostolic Christian Council of Zimbabwe, Bishop Johannes Ndanga who vowed that former president Robert Mugabe was going to die in office as was been prophesied, now says it is President Emmerson Mnangagwa who was ordained to take the country to the Promised Land.

source: AllAfrica News: Zimbabwe

9 Banks Battle Decline in Interest Income

[Vanguard] Nine banks are battling with the risk of N300 billion decline in their interest income in the 2018 financial year, due to declining yield on government securities.

[Vanguard] Nine banks are battling with the risk of N300 billion decline in their interest income in the 2018 financial year, due to declining yield on government securities.

source: AllAfrica News: Nigeria

Mugabe, Mnangagwa Row Escalates

[Zimbabwe Standard] Former president Robert Mugabe has told his associates that he will not negotiate with his successor, President Emmerson Mnangagwa, because he is unhappy about the way he was toppled, it was revealed yesterday.

[Zimbabwe Standard] Former president Robert Mugabe has told his associates that he will not negotiate with his successor, President Emmerson Mnangagwa, because he is unhappy about the way he was toppled, it was revealed yesterday.

source: AllAfrica News: Zimbabwe