Nigeria’s economy is the biggest in Africa ”IMF Report”

Nigeria's Finance Minister Kemi Adeosun ''The Nigerian economy has recovered from distress and returned as the biggest economy in Africa according to IMF.''A new report from the International Monetary Fund (IMF) has projected Nigeria as Africa’s biggest economy, in spite of its current challenges.Nigeria is placed ahead of South Africa and Egypt which are second … Continue reading Nigeria’s economy is the biggest in Africa ”IMF Report”

Jimoh Ibrahim alleges that ”INEC” staff demanded $1m bribe from him.

On Sunday, October 23, Billionaire Jimoh Ibrahim  reaffirms that he is the legitimate candidate of the Peoples Democratic Party (PDP) in the forthcoming Ondo governorship election.At a press briefing in Abuja, Ibrahim accused INEC of trying to exclude him from the election, alleging that an official of the Commission demanded a $1 million bribe from … Continue reading Jimoh Ibrahim alleges that ”INEC” staff demanded $1m bribe from him.

First Lady of Nigeria criticised over disigner cape

 The First Lady on Tuesday, October 18, on her way to Brussels, Belgium wore a $2,600 (N1.2m) Salvatore Ferragamo cape.Following her praised controversial comments against her husband's government, Mrs Aisha Buhari is now being criticised for wearing a N1.2 million apparel.Many took to social media to protest Mrs Buhari's expensive clothing, saying she's insensitive to … Continue reading First Lady of Nigeria criticised over disigner cape

U.S. finally opens door to oil exports after year of pressure

On Tuesday the Obama Administration bowed to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps expected to unleash a wave of ultra-light shale oil onto global markets.The Bureau of Industry and Security, 'BIS', which regulates export controls, said it had granted permission to "some" companies to … Continue reading U.S. finally opens door to oil exports after year of pressure

130 inec staff to be procecuted by efcc for involvement in bribery

  The Economic and Financial Crimes Commission, 'EFCC',  has revealed plans to prosecute 130 staffs of the Independent National Electoral Commission, 'INEC', over their alleged involvement in corrupt practices. Aminu Ado Aliyu who is the Head of Operations for the commission's Gombe Zonal office,, while briefing newsmen in Gombe on Thursday, October 20, said that the … Continue reading 130 inec staff to be procecuted by efcc for involvement in bribery

Chimp smokes a pack of cigarettes a day

 A chimpanzee is the hottest attraction at a newly reopened zoo in North Korea after learning that the chimp smokes a pack of cigarettes a day.The 19-year-old chimp, named Azalea, Dallae in Korean, smokes a pack a day, according to The Guardian. Azalea lights her own smokes using a lighter, or by bumming a light … Continue reading Chimp smokes a pack of cigarettes a day

Radical Implementation of development.

 Development as a multidimensional process It was once a worldwide belief that development is primarily concerned with economic growth, meaning that once there was economic growth a country would develop. This was so firmly believed that a number of theories, which were put across to explain development and how to achieve development, such as modernization … Continue reading Radical Implementation of development.

Problems of Accountability in Public Enterprise

Defination of Public Enterprise Public enterprise are non-profit oriented organization and are said to have wide range of political, economical, social, and technical objectives and are more concerned with providing services that meet the needs of the community of financial surplus.            Since public enterprise comprises of a significant segment of the Nigeria economy, and with … Continue reading Problems of Accountability in Public Enterprise

Insurance And its Role in Economic Development

Definition of the concept Man in an attempt to make life more comfortable and those discoveries brings about development to mankind. (Insurance) through which is our area of consideration has been expressed in different forms or ways by experts in the field but are aimed at the same conclusion.Cockerel (1982) in his book INSURANCE defines … Continue reading Insurance And its Role in Economic Development