Just for Illustration: American woman Wende Anne Terrill jailed after being stung by Nigerian scammers
An American woman who stole more than $200,000 from her employer, Midwest Petroleum, to help her “fiancé,” who was really a Nigerian scammer, has been sentenced to 366 days in prison and ordered to repay the money.

Wende Anne Terrill, 49, of Maryland Heights in St Louis, Missouri was found guilty of a felony wire fraud charge by a jury in U.S. District Court in March. She was sentenced on Friday, according to St. Louis Post-Despatch
Prosecutors said that from January 27, 2017, to March 31, 2017, Terrill wrote five-figure … >>> Read Full Story

“Indeed, a major source of objection to a free economy is precisely that it… gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.” Milton Friedman(1912-2006).

“Famine emerges from a lack of interlocal trade; when one locality’s food crop fails, since there is virtually no trade with other localities, the bulk of the people starve. It is precisely the permeation of the free market throughout the world that has virtually ended this scourge of famine by permitting trade … >>> Read Full Story

Story Written By: by Nwafor

The Lagos State Government has partnered with the Benjamin Olowojebutu Foundation (BOF), a non-governmental organisation, to provide free surgical intervention for 100 people in the state.
Babajide Sanwo-Olu
The News Agency of Nigeria (NAN) reports that this was part of the activities marking the 100 days in office of Gov. Babajide Sanwol-Olu.

‘Our fake pregnancies’(Opens in a new browser tab)
The state Commissioner for Health, Prof Akin Abayomi, in a statement on Sunday, said that the surgical intervention would be for people with lipomas, breast lumps, hernia and fibroid.
Abayomi said that the surgical intervention, tagged “100 in 100”, would start with the screening and … >>> Read Full Story

Story Written By: Chijioke Jannah

Estranged political ally of President Muhammadu Buhari, Buba Galadima, has said the attack on Nigerian leaders within and outside the country by angry Nigerians is part of democracy.
According to him, the attacks were part of Nigerians’ protest against bad governance, adding that was also an expression of their demands for accountability from those in power.

Speaking with Vanguard, Galadima said: “I want to assure you that even those of us who have nothing to fear or nothing to hide will be very apprehensive to visit certain places outside Nigeria because one is not sure when one will be attacked.
“I can tell you that … >>> Read Full Story

Brendan Cahill: one of the owners of P&ID: snubbed FG’s improved offer of $600m
A fact-sheet now in circulation has debunked accusations by Messrs Process and Industrial Developments (P&ID) that Nigerian officials were indifferent to their offers to settle, before a UK commercial court gave it a humongous and world record $9.6billion award on a failed gas supply deal.

According to the fact-sheet, President Muhammadu Buhari and Vice-President Yemi Osinbajo separately approved negotiation with Messrs Process and Industrial Developments (P&ID) after the Arbitration Tribunal awarded $6.597billion to the company. The two leaders at various times offered $250million and an improved offer of $600million to the … >>> Read Full Story

  Our report is ready, says BoT chairman
Chuks Okocha in Abuja

The Peoples Democratic Party (PDP) yesterday said that the Minority Leader of the House of Representatives, Hon. Ndudi Elumelu and others remained suspended from the party, pending when the National Working Committee (NWC) receives and review the report of the investigation on the alleged disobedience of the lawmakers to the party’s directives.

This was disclosed to THISDAY by the National Publicity Secretary of PDP, Kola Ologbondiyan when contacted on the fate of members of the party whose suspension was supposed to last for one month for their alleged disobedience to the decision of NWC … >>> Read Full Story

Story Written By: by Bankole

By Owei Lakemfa
MY friend and comrade, Professor Abubakar Momoh, took a sudden exit two years ago. On Wednesday, the resourceful Lagos State University, LASU, under its Vice-Chancellor, Professor Olanrewaju Adigun Fagbohun, invited me to speak on Momoh. One of my main recollections was the sustained and principled campaign he waged against privatisation.

The process of privatisation was universally popular from the middle 1980s through the 1990s. It was promoted around the world as the best means of running modern-day economies as it allegedly ensures transparency, provides ready funds for investment in infrastructure and frees government to face governance rather than ‘business’. Privatisation was touted … >>> Read Full Story