Senate approves $7.1bn foreign loans for FG and states

by Akan Ido The Senate yesterday approved the sum of $7.109billion for federal and state governments under the 2012-2014 Medium Term External Borrowing Plan. Of this amount, the sum of $4.846billion was approved for the federal government while 23 states got approval for $2.263billion as their share of the borrowing plan. The money will be... Read More

African Development Bank, China Exim Bank, FG, French Development Agency, Islamic Development Bank, kaduna, lagos, senate, World Bank

December 21, 2012

Fisayomi Eko-Davies: Help! Who will restore my mazed faculty? (Y! Superblogger)

Nothing is fun, everyday is the same in this room, my ceilings fascinate me and I think I know how many strands of fabric there are in my wrapper. She held my hands in hers as she led me out of the bathroom. In a kind and soothing voice, she said to me, “This is... Read More

Alzheimer’s disease, Fisayomi Eko-Davies, hallucination, mental disorder, personality disorder, Y! Superblogger

December 21, 2012

Finally: Kidnappers release Nkiru Sylvanus and Kenneth Okolie

by Akan Ido Actresss Nkiru Sylvanus who was abducted last Saturday alongside former Mr. Nigeria, Kenneth Okolie have been released. Sylvanus, the special assistant to the governor of Imo State on public affairs was kidnapped while on location in Owerri, the state capital. Reports say both victims were dropped by their abductors at an unknown... Read More

Brian Okwara, Elenu, gbenga adeyinka, Grace Amah, Halima Abubakar, Ify okeke, Jane Odigboh, kenneth okolie, Laide Bakare, Mercy Aigbe, Nkiru Sylvanus, Ogechi Asiegbu, Seun Oloketuyi, Stella Dimoko-Korkus

December 21, 2012

Panic as fire guts Lagos International airport

by Isi Esene There was panic yesterday at the Murtala Mohammed Airport, Lagos, when fire gutted a section of the 33-year-old aviation facility. Property worth millions of naira was reportedly lost in the inferno which was attributed to an electric equipment in a section of the airport which is under construction. The fire caused a... Read More

FAAN, Federal Airport Authority of Nigeria, Fire, fire service, MMIA, Murtala Mohammed International Airport, welding, Yakubu Dati

December 21, 2012

Tragic: Chika Egbo, acid bath victim dies

by Akan Ido Chika Egbo, the 25-year-old lady who was bathed in acid by her estranged lover is dead. She died on Thursday morning at the Burns Unit of the Lagos State University Teaching Hospital, Ikeja, where she had since been on admission. The student of the Enugu State College of Education was allegedly bathed... Read More

Chika Egbo, David Suleiman, enugu, Yaba

December 21, 2012

Aviation: AMCON confirms 60 per cent stake in Aero

The Asset Management Corporation of Nigeria has confirmed the ownership of 60 per cent stake in Aerocontractors airline, The PUNCH can authoritatively report. Aerocontractors’ indebtedness to commercial banks, estimated to be over N32bn, which had been bought over by AMCON during the banking sector reforms, had been converted to equity stake for the corporation, it... Read More

AeroContractors Airline, AMCON, Capital Oil and Gas, Mustafa Chike-Obi

December 21, 2012

Ogun PDP: Free-for-all fight as Obasanjo and Kashamu factions clash

by Akan Ido The battle for supremacy for the soul of the People s Democratic Party in Ogun State is fast approaching a dangerous dimension as opposing factions of the party have started employing violence in taking over the party secretariat. The political battle is said to be led by former president Olusegun Obasanjo against... Read More

Bamanga Tukur, Buruji Kashamu, Ogun State, olusegun obasanjo, PDP

December 21, 2012

Which event inspired the world’s most popular Tweet? [CLICK]

Here are the top two Tweets that generated the most Retweets for the year, plus honorable mentions for a few other Tweets that caught attention around the world. Barack Obama @BarackObama “Four more years” 6 Nov 12 Reply Retweet Favorite 810,000+ retweets 300,000+ favorites Credit: Michelle Obama, on Twitter President Obama comments on his reelection... Read More

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