Special Focus

MEDIATRACNET With his fortune increasing to over $17.8 billion, Africa’s richest man, Aliko Dangote, significantly emerges as the only Nigerian listed among the World billionaires. The latest edition of the Bloomberg annual top billionaire lists published on Monday showed Dangote’s fortune increased by about 20.3 percent, or $3billion, from last…

MEDIATRACNET What is an SDR? Special Drawing Rights (SDRs) are not money in the classic sense of it, because they can’t be used to buy things. It is an international reserve asset created by the International Monetary Fund (IMF) to supplement the official reserves of member countries, with value based…

By Sam Akpe July 30 was, in several ways, was a historic evening. Virtually every space in the press centre of the Akwa Ibom Council of the Nigeria Union of Journalists was taken up. More than half of the people in the hall sat outside, under canopies. Something big was…

By Bassey Udo Amid the various controversies trailing last week’s passage of the Petroleum Industry Bill (PIB) by the National Assembly, the Nigerian Governors’ Forum (NGF), the umbrella body of the 36 State governors, raised yet another it considered a fundamental concern over the ownership structure of the Nigerian National…

MEDIATRACNET The Federal Government’s has taken stock of the impact of its COVID-19 stimulus package, with visible evidences of the benefit in several sectors of the country’s economy. Apart from the fact that the country’s economy was saved from collapse, contrary to fears at the onset of the Coronavirus pandemic,…

MEDIATRACNET The authorities of Premiere Academy, Lugbe, Abuja  on Friday vehemently denied knowledge of any incident of rape involving any of its students. The school also challenged members of the public with information linking any member of its teaching staff with any case of rape to come forward with their…

By Aderemi Ojekunle, Ode Uduu, Charles Mbah and Joshua Olufemi Opeyemi Adeyemi works with one of the big finance companies in Nigeria. He had a pay cut due to the lockdown during the coronavirus pandemic. “To keep your job during this period, a pay cut is a relief, as thousands…

Apart from fixing the health problem and redressing the vaccines inequity, Africa can achieve quicker economic recovery by initiating short-term economic policy actions and getting more fiscal stimulus into her economies, the Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has said. Also, to create a sustainably stable African…

MEDIATRACNET None of the Group Managing Directors of the Nigerian National Petroleum Corporation (NNPC) since 1993 has delivered on the promise to rehabilitate the country’s four refineries, despite billions spent on turnaround maintenance (TAM) contracts. Records on the exact expenditure on the contacts have been scarce. NNPC spokesperson, Ndu Ughamadu,…

The managing director of an Ibadan-based ICT retail firm who petitioned the police over the swindle of over N170million contract by a fraud syndicate appeals against a N20million award against him by a Federal High Court in favour of the suspects following a lack of diligent prosecution by the EFCC…