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Steve Hanke

Buhari Media Organisation (BMO)

BMO tackles ex-President Obasanjo, faults Nigeria’s misery index ranking

The Buhari Media Organisation on Tuesday described as “a crude joke” a statement credited to former President Olusegun Obasanjo that the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, is still better than President Muhammadu Buhari despite his electoral loss.

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).

Report: Nigerians sixth most miserable people in the world

Data compiled by Steve Hanke, an economist from John Hopkins University in Baltimore, USA, has shown that Nigerians are the sixth most miserable people in the world.

Recent Stories

JAMB: Man registers UTME 64 times to ‘ghost-write’ for 64 candidates

The Joint Admissions and Matriculation Board says it has caught someone it described as a “notorious cheat” who had registered for the UTME 64 times, with the intention of writing the examination for 64 candidates.

Police foil pro-Dasuki protest in Sokoto

Police have foiled a planned procession to demand the release of former National Security Adviser, Col. Sambo Dasuki (rtd) in Sokoto state.
Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS-Hamad I Mohammed

Any move by Iran to close Strait of Hormuz unacceptable – US official

Any move by Iran to close the strategic Strait of Hormuz in response to the United States ending oil waivers for purchases of Iranian oil would be unjustified and unacceptable, a senior administration official said on Monday.
Gas flares from an oil production platform at the Soroush oil fields in the Gulf, south of the capital Tehran [Raheb Homavandi-Reuters]

Iran denounces ‘illegal’ US sanctions as oil waivers end

Iran denounced US sanctions on its oil sector as "illegal" on Monday after the United States announced it will no longer grant sanctions exemptions to Iran's oil customers.

Court to hear alleged N2.8 million fraud case against Nnewi United chairman

The Federal High Court sitting in Awka will on May 30, 2019, begin hearing on the case of obtaining by false pretence involving the manager of Nnewi United football club of Nnewi, Mr. Olisa Onuchukwu.