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World News

Deaton wins Nobel prize in Economics
Princeton University’s Angus Deaton yesterday won the Nobel prize in economics for his wide ranging work on consumption that has  helped redefine how poverty is measured around the world, notably in India. Deaton, 69, won the eight million Swedish kronor (about $975,000) prize from the Royal Swedish Academy of Sciences.....
Oil price fall may continue till 2017 – OPEC
The decline in global crude oil prices may not abate until 2017 as the oil market is expected to rebalance within two years, the Secretary-General of the Organisation of Petroleum Exporting Countries, Abdalla el-Badri, has said. Badri, who spoke in London on Tuesday, was said to have expressed concern about.....
London court seizes £5,000, $2,000 from Diezani’s mother
United Kingdom’s National Crime Agency secured the seizure of the sum of £27,000 (N8,155,164.37) in the case involving the former Petroleum Minister, Diezani Alison-Madueke at the Westminster Magistrates Court, London. As earlier reported, the former Minister was not in court but her mother, Beatrice Agama and one Melanie Spencer, were in court......
Egyptian billionaire offers to buy island for refugees
Naguib Sawiris, an Egyptian billionaire, has on Monday in Cairo disclosed his plan to buy an island for refugees. He said his plan was to buy a Mediterranean island from Greece or Italy, to house the world’s refugees, especially people fleeing to Europe from war-torn countries in the Middle East and.....
US advises Buhari to engage technocrats
President, Biden share notes on terror war The United States Vice President , Joe Biden, has advised President Muhammadu Buhari to engage technocrats to manage key sectors of the economy if the country must record economic fortunes and attract foreign investments. He also shared notes with the Nigerian leader, who.....
Four brilliant Nigerian girls win 2015 Global Technovation Challenge
TEAM Nigeria has  emerged winner in  Technovation Challenge world pitch which held at San Francisco, USA. The winning team comprised of four brilliant girls: Praise David-Oku, Sonam Kumar, Nmesoma Ogbonna, and Grace Akpoiroro as they developed a mobile app to tackle waste disposal challenge in Nigeria. They pitched their app.....
Buhari’s supporters, Jonathan’s sympathisers clash in London
Some supporters of the presidential candidate of the All Progressives Congress, Muhammadu Buhari, and a group of Nigerians allegedly sponsored by the Nigerian government on Thursday clashed at the premises of Chatham House, London, where Mr. Buhari delivered a lecture. Mr. Buhari, a retired major general and former military head.....
Nigeria records best ranking in four years on Transparency International’s corruption index
Nigeria has recorded its best ranking on Transparency International’s corruption perception index (CPI) under President Goodluck Jonathan. In the latest report by TI, Nigeria is ranked the 39th most corrupt country in the world out of the 175 surveyed. Nigeria was ranked 144th in 2013, 139th in 2012 and 143rd in 2011 ─.....
‘Jonathan, 6th richest African president’
Richest Lifestyle, a US-based website, has listed President Goodluck Jonathan of Nigeria as the 6th Richest African president. In an article titled, ‘Richest African Presidents 2014′ , the US website compiled a list of the nine richest presidents and kings in Africa. According to the article, President Jonathan is worth.....
Pope accepts bishop’s resignation after affair with married parishioner
Pope Francis has accepted the resignation of a British bishop who stood down after admitting to an affair with a married parishioner, the Vatican said on Monday. “The Holy Father Francis has accepted the resignation of Bishop Kieran Conry from the dioceses of Arundel and Brighton,” a statement said. Conry, 64, had.....
Total Eclipse of the moon occurs Wednesday
Sky watchers and observers of the lunar system will notice an extremely rare cosmic sight on Wednesday, October 8, when a total lunar eclipse is expected to occur in different parts of the World. The total eclipse of the moon will result in a clash simultaneous rising of the sun.....
S-Africa faults FG’s explanations on seized $9.3m
South Africa has rejected explanations by the Nigerian government on the $9.3m cash seized from two Nigerians and an Israeli citizen in a chartered private jet for the purpose of procuring arms for the Nigerian intelligence services. According to an online news medium, Premium Times, South Africa described as “flawed.....

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