Powers of the Federal, State and Local governments in Nigeria 

LIST ASSIGNED IN EXCLUSIVE LIST, CONCURRENT LISTS AND RESIDUAL LIST CONCURRENT LIST: These are where powers are shared jointly by both the central and regional or state governments as stipulated in the constitution even though both governments can make law on matters that fall under concurrent list, the central government is supreme. This means that …

How Aid helps the rich get richer in recipient countries – A transnational investigation in Cameroon, Ivory Coast, Uganda, Kenya and the DRC by the African Investigative Publishing Collective

Donor- funded development programmes in five extremely poor regions -of which two post-conflict- in Africa have benefited mainly the rich. An African Investigative Publishing Collective team that went on the ground in north Uganda (post Joseph Kony), Kinshasa in the DRC, Kibera township in Nairobi, western Ivory Coast and north west Cameroon, found that the …

Nigeria lists first diaspora bond on London Stock Exchange. Punch Newspapers Olubode Olusesan. Stanley Opara

The first Nigerian Diaspora bond has started trading on the London Stock Exchange three weeks after its issue. The five-year bond with a coupon of 5.625 per cent, is the first from Nigeria that is registered with both the United Kingdom Listing Authority and the United States Securities and Exchange Commission, and targeted at retail …

Europe Sees Spike in Nigerian Women Trafficked for ProstitutionVoice of America Africa (Radio)

Governor Obaseki Police and aid groups say more than 60 percent of illegal prostitutes in Belgium are trafficked from Nigeria. Many are only teenagers and almost all come from Benin City, a city in the south of Nigeria. Rosa was sexually exploited by Nigerian traffickers and had to prostitute herself on the streets of Spain, …

Restructuring NigeriaBy Pius Adesanmi

Nigerians are all talking about restructuring. Now, that is funny. There are two types of Nigerians: those in government and those awaiting their turn in government. Forget all the talk about the size and potential of Nigeria’s economy. Forget all the talk about business, entrepreneurship, innovation, and the rise of a vibrant new demographic of …