Abia PDP accuses INEC of double standard

The Abia State chapter of the Peoples Democratic Party has commended President Goodluck Jonathan for conceding defeat at last Saturday’s presidential poll. The Chairman of PDP in the state, Senator Emma Nwaka, who addressed journalists on Wednesday in Umuahia on the outcome of the elections, said Jonathan had by conceding

Caverton’s 2014 revenue increases 33% to N24bn with improved operating margin

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Caverton Offshore Support Group plc, the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, released its audited 2014 Financial Year results, showing a 33 percent  increase in revenue to N24bn over last year, with improved operating performance. Net income however

A long day in Ekiti

The first challenge I faced in Ekiti State upon arrival last week was how to locate important places on my own. I was soon able to explore the journalistic ruggedness in me to, at least, survive in a state where all eyes were on the presidential and National Assembly elections.

Cadbury earnings falter on headwinds

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Cadbury Nigeria plc, a company in the Fast Moving Consumable Goods (FMCG) sector, recorded a 75 percent decline in profit last year after headwinds continue to stunt growth, analysis of the financials shows. For the year ended December 2014, the company’s net income fell by 75 percent to N1.51 billion

Nigeria’s Electricity Regulator’s reduction of tariffs

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Proem It is the writer’s view that the Nigerian Electricity Regulatory Commission (“NERC”) has performed its duties admirably in the last five (5) years. NERC has for example, worked very hard at forging a good balance (which is a delicate one) between consumer protection and investment attractiveness of the sector.

Ijaw youths accept Buhari, warn against violence

The President of the umbrella body of all Ijaw youths in the country, the Ijaw Youth Council, Mr. Udengs Eradiri, has called on all Ijaw youths across the nation to avoid all acts of violence, destruction and protests as a fallout of the last Saturday’s Presidential election, won by Maj.

MTN shares gain most in five years after peaceful Nigerian vote

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MTN Group Ltd., Africa’s biggest wireless operator, increased the most in almost five years after former military ruler Muhammadu Buhari won a largely peaceful vote in Nigeria, the South African company’s biggest market. The shares advanced as much as 6.

Inexpensive measures to help alleviate the Lagos traffic situation

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One of the greatest challenges faced by residents of Lagos is the difficulty of commuting. The state government, in appreciation of this fact, is expending large sums of money on improving the road infrastructure and the deployment of traffic officers. While commending these moves, I will like to suggest a

Uduaghan, MEND hail Jonathan, Buhari

The Delta State Governor, Dr. Emmanuel Uduaghan, has said that President Goodluck Jonathan demonstrated that he is truly a statesman and a patriotic Nigerian.

Slow growth spurs consolidation in Africa’s telecoms industry

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A fresh wave of merger and acquisition (M&A) deals are expected to take place across Africa in 2015 due to slowing growth and increasing investment demands on telecommunications companies, industry analysts have said. Panellists at the Telecommunications Media and Technology (TMT) M&A Forum 2015, including industry heads, private equity investors

We may return to militancy, says Asari-Dokubo

A former Niger-Delta militant, Mujahid Asari-Dokubo, says with the defeat of President Goodluck Jonathan, he and other militants may be forced to return to the creeks. Asari-Dokubo, who hails from the same state as Jonathan, said the voting pattern showed that the South-West and the North ganged up against the

The judiciary in a democracy

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The judiciary as the third leg of government could be described as a lubricant, having the capacity to calm frayed nerves and lubricate frictions in party and electoral systems. Its existence in a democratic government is justified by the principle of separation of powers which states that people who make

Go to court, Oyo REC tells aggrieved politicians

The Resident Electoral Commissioner for Oyo State, Rufus Akeju, has warned aggrieved politicians in the state to desist from violence but to seek lawful means to air their grievances over the Saturday’s elections. Thousands of supporters of the Peoples Democratic Party, Accord Party and Labour Party had on Monday besieged

Vote for continuity – Ambode

The governorship candidate of the All Progressives Congress in Lagos State, Akinwunmi Ambode, has called on Lagos residents to vote for the party in the April 11 governorship poll in order to retain the ideology of excellence the state is known for. Ambode, in a statement on Tuesday, said the

‘My victory, a call to better service’

Senator Gbenga Ashafa of the All Progressives Congress says his victory in Saturday’s National Assembly election is a call to work harder to bring development to his constituency and the people of the Lagos East Senatorial District. Ashafa emerged on Monday as the winner of the Lagos East Senatorial District