JP Morgan removes Nigeria from its list of emerging market recommendations

JPMorgan has removed Nigeria from its list of emerging market sovereign recommendations that investors should be ‘overweight’ in, saying the country had not taken advantage of high oil prices. Analysts use overweight and underweight to broadcast recommendations on buying or avoiding stocks of certain sectors. Analysts attach an overweight recommendation to a stock that they believe

FG Suspends Basketball In Nigeria For Two Years

President Muhammadu Buhari has approved the immediate withdrawal of Nigeria from all international basketball competitions for a period of two years with immediate effect. Sunday Dare, the Minister of Youth and Sports Development, disclosed this while briefing newsmen on Thursday in Abuja. Dare, represented by Ismaila Abubakar, the Permanent Secretary of the Ministry, said a

Female Student Beaten To Death, Corpse Set Ablaze In Sokoto(video)

Ayet-to-be identified student of the Shehu Shagari College of Education in‪ Sokoto State has been burnt to death by her colleagues for allegedly insulting Prophet Muhammad (SAW). SaharaReporters gathered that the incident happened on Thursday morning. She was burnt to death by Muslim students who dragged her out of her hostel. Deborah was stoned and

Buhari appeals to ASUU to end strike, confers awards

President Muhammadu Buhari has appealed to the Academic Staff Union of Universities (ASUU) to consider the plight of students and call off the ongoing strike. He made the appeal at the 19th National productivity day and conferment of the National Productivity Order of Merit award held on Thursday. The President equally urged students in public

Jonathan Finally Joins Ruling APC In Bayelsa Ward

President Goodluck Jonathan has formally defected to the ruling All Progressives Congress (APC) in a bid to recontest for President in 2023. This comes hours after disowning a nomination form purportedly procured for him by a northern group. Following reports that a coalition of northern socio-cultural groups, basically of Fulani extraction, purchased N100 million nomination