For today, Monday, December 4, 2017:


Atiku Abubakar rejoins PDP

Former Nigerian vice president Atiku Abubakar has returned to the country's former ruling party, the People's Democratic Party, less than two weeks after he resigned from the ruling All Progressives Congress.

FG budgets N20 million for Ogoni land clean-up support

The Federal Government has budgeted only N20, 226, 000 for Ogoni land clean up support in 2018 appropriation bill, while it earmarked N250 million for attendance of international bilateral/multilateral meetings.

SSANU, NAAT begin indefinite strike

Normal life and academic activities in Nigeria’s universities will be disrupted by workers’ industrial action from today.The three non-academic staff unions have declared a trade dispute over failure of government to keep to the terms of its own agreement with the workers.



Nigeria suffering from broken public finance — Soludo

Former governor of the Central Bank of Nigeria, CBN, Prof. Chukwuma Soludo, has said that the nation’s economy was suffering from a broken public finance and needed urgent strategy to fix it.

We’ll name, shame tax defaulters after VAIDS in March, 2018 — Adeosun

Finance Minister, Kemi Adeosun, still pushing through the Voluntary Asset and Income Declaration Scheme (VAIDS), scheme aimed at getting more Nigerians into the tax net voluntarily, throws more light on the issues involved.

How Atiku took over PDP

Atiku’s return immediately raised apprehension among some PDP chieftains following indications that he was taking over the structures of the party with his support for the party’s leading national chairmanship candidate, Prince Uche Secondus.



Presidential ticket: Ex-VP Atiku rejoins PDP, Makarfi says ‘I may contest’

Former Vice-President Atiku Abubakar on Sunday announced his return to the Peoples Democratic Party.

Convention: PDP removes ex-govs, deputies as automatic delegates

The Peoples Democratic Party has removed former governors and former deputy governors produced by the party as automatic delegates to its national convention.

CPS: Professors, political appointees to earn full salaries as pension

The National Pension Commission has set out modalities for the administration of retirement benefits of professors and public office holders to earn their last salaries as pension under the Contributory Pension Scheme.



Atiku Rejoins PDP, No Automatic Ticket for Him, Says Makarfi

Former Vice President Atiku Abubakar has finally ended the waiting game and rejoined the opposition Peoples Democratic Party (PDP), after quitting the ruling All Progressives Congress (APC) more than a week ago.

Ovia: Emefiele is Nigeria’s Best CBN Governor Ever

The Chairman of Zenith Bank Plc, Mr. Jim Ovia has described the University of Nigeria, Nsukka (UNN) as a training ground for capable and committed change agents, saying this was evident in the quality and capacity of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, an alumni of the institution, whom he described as the “best CBN governor in the history of Nigeria”.

How Oando’s Forensic Audit May Have Cost Gwarzo His Job

The suspension of the Director-General (DG) of the Securities and Exchange Commission (SEC), Mr. Mounir H. Gwarzo by the Minister of Finance, Mrs Kemi Adeosun last week has been linked to the forensic audit into the financial affairs of Oando Plc, which SEC under Gwarzo commenced two months ago.



How Kemi Adeosun undermined SEC on Oando fraud probe

Nigeria’s Finance Minister Kemi Adeosun is undermining the independence of the Securities and Exchange Commission (SEC), and its ability to effectively regulate the capital markets to the detriment of shareholders, by interfering in the current probe of a listed indigenous oil and gas firm, Oando Plc.

Multinational firms increasingly snap-up shares of Nigerian units

There is an increasing trend in the Nigerian stock market where multinational firms are consolidating their shareholding in their local Nigerian units by choosing to convert their debts to equity.

Konga, Jumia automate jobs to boost profitability amid thin margins

Nigerian e-commerce firms are using technology to automate their operations, forcing many employees to adapt or find new positions or ultimately cut down on human staff.