Africa: How Saudi Arabia is destroying Nigerian economy through market subsidy

Last week, Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for its Arab Light sold to Asia. The development comes at a time refineries are dealing with falling margins and global oversupply of oil. Chineme Okafor in this report examines the impact of this development on Nigeria, a country already in serious economic downturn. Saudi Arabia’s state-owned […]

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Confession: “why we killed Igbos in 1966” Gen. Adekunle

“If you want to get to know the devil of Africa, just ask for Adekunle. He is the man who is responsible for the death of 100,000 Ibo people,” Mister Ikpa said to Randolph Baumann, a Stern reporter, in 1968. Ikpa was the official representative of the Republic of Biafra in Lisbon. Randolph Baumann, who worked for the Stern Magazine […]

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Africa: Interest, cracks in Top Hierarchy led to 1985 Coup-Gen Akilu

In an apparent response to President Muhammadu Buhari’s recent statement in The Interview Magazine, where he gave reasons he was overthrown by General Ibrahim Babangida in the 1985 palace coup, a former Director of Military Intelligence (DMI), retired General Haliru Akilu, has explained what could be termed the ‘Babangida side’ of the story. Though Akilu urged Nigerians to avoid talking […]

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Aviation: How Stella Oduah’s exit as Minister truncated Airport growth in Nigeria

There is no doubt that the political developments in the polity have preoccupied the minds of commentators and pundits. Sensational stories like the 2016 Budget scandal rocking the House of Representatives, unending PDP crises—being fueled by contradictory rulings of learned Justices of Federal High Courts, Niger Delta imbroglio, and other pressing national issues, have succeeded in shifting the focus of […]

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UNWTO to help Nigeria relaunch its Tourism as Presidential Council on Tourism comes back

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TALEB Rifar secretary-general of the UN World Tourism Agency UNWTO, has hailed the demonstration of political will by the Nigerian government to move tourism forward in the country. ”There is the existence of political will and we can feel it from outside (the country),” Rifai said on Tuesday at the opening of a two-day meeting with Lai Mohammed, minister of […]

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Explosive History: Who Sold Nigeria To Britain For £865k in 1899?

Today we will be discussing the first oil war, which was fought in the 19th century, in the area that became Nigeria. All through the 19th century, palm oil was highly sought-after by the British, for use as an industrial lubricant for machinery. Remember that Britain was the world’s first industrialised nation, so they needed resources such as palm oil […]

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Militancy: Nigeria halts gas supply to Ghana, Benin and Togo

By Friday Nwosu Nigeria has halted its gas supply to three West African countries following the onslaught of attacks on oil installations on the Niger Delta by militant groups in the region. The country was unable to supply gas to countries like Ghana, Togo and the Republic of Benin which has been affected by the attacks in the Delta region. […]

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