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S&P to cut some euro zone countries on Friday: sources

Standard & Poor’s is set to downgrade the credit ratings of several euro zone countries later on Friday, but not those of Germany and the Netherlands, a senior euro zone government source said. Another source confirmed “several” countries would be hit. French TV, citing a government source, said France’s credit […]

Nigeria fuel subsidy strike: Protests on Recess for 2 Days

Nigeria‘s trade unions say they are suspending protests for two days to allow more talks with the government.  The announcement comes on the fifth day of a general strike over the removal of a fuel subsidy, which has caused fuel prices and transport fares to double.  Thousands of people have […]

KPMG report says NNPC is a house of corruption

The damning KPMG report FG, NNPC do not want Nigerians to see Musikilu Mojeed / Premium Times Download the full report here On Thursday December 1, the Minister of Finance, Ngozi Okonjo-Iweala, cringed when the senate joint committee investigating the management of funds set aside for petroleum subsidy handed her a seven-day ultimatum to […]