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By admin On 21 Mar, 2017 At 01:20 AM | Categorized As News | With 0 Comments
central-bank-of-nigeria CBN

The Central Bank of Nigeria (CBN) yesterday offered a total of $180 million to meet bids for forwards, which includes requests for invisibles such as medicals, school fees and personal travel allowances valued at $43 million, through the inter-bank window. Confirming the figures, the Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, said the wholesale […]


By admin On 21 Mar, 2017 At 01:52 AM | Categorized As News | With 0 Comments
Abubakar Shekau- Boko Haram

Boko Haram leader Abubakar Shekau has vowed to create an Islamic caliphate across West Africa in a new propaganda video that threatens world leaders. Shekau, in a new video, said the militants who have pledged allegiance to the Islamic State group, also known as ISIS, will establish Sharia law in Nigeria, Benin, Cameroon, Chad, Niger […]


By admin On 20 Mar, 2017 At 01:37 AM | Categorized As News | With 0 Comments
Supreme Court

Justice B.B. Kanyip of National Industrial Court in Abuja has restrained the Nigerian Union of Allied Health Professionals from continuing or embarking on strike pending the determination of the suit filed by the Federal Ministry of Health against the union. In his ruling, the trial judge said: “The respondent (Nigerian Union of Allied Health Professionals) […]


By admin On 20 Mar, 2017 At 01:05 AM | Categorized As News | With 0 Comments
Nigeria Senate

Based on extant Senate rules, the upper legislative chamber will  not reconsider Mr. Ibrahim Magu as the substantive Chairman of Economic and Financial Crimes Commission (EFCC) should he be re-nominated. Citing Senate Rules, Order 131, Senator Dino Melaye (Kogi West) said President  Muhammadu Buhari could not validly re-nominate Magu for the job again as the […]


By admin On 20 Mar, 2017 At 01:10 AM | Categorized As News | With 0 Comments
central-bank-of-nigeria CBN

Loans from the Central Bank of Nigeria (CBN) to commercial banks operating in the country has soared to N9.85 trillion in 11 weeks due to illiquidity in the economy, LEADERSHIP checks have revealed. It was also gathered that the increase in borrowings by the banks may have been triggered by demand for funds to participate […]


By admin On 20 Mar, 2017 At 01:10 AM | Categorized As News | With 0 Comments
Olugbede Model Market fight protest

Contrary to reports, the federal government has said the recent clash between Hausa and Yoruba communities in Ife had no ethnic connotations. The minister of Interior, Gen. Abdulramaan Danbazzua (rtd) disclosed this to state house correspondents over the weekend. According to him, upon his return from South Africa in the wake of xenophobic attacks on […]


By admin On 20 Mar, 2017 At 01:15 AM | Categorized As News | With 0 Comments
NDLEA

The National Drug Law Enforcement Agency (NDLEA) has in the last four years arrested 34,499 persons in connection with drug-related offences across the 36 states of the federation and the Federal Capital Territory(FCT), Abuja, between 2012 and 2015. In the report by Economic Confidential in Abuja, Kano State in the North-west geo-political zone is number […]


By admin On 20 Mar, 2017 At 01:21 AM | Categorized As News | With 0 Comments
NNPC

The Nigerian National Petroleum Corporation (NNPC) on Sunday said it has increased its petrol stock in the country and now has a robust inland supply of over 1.2 billion litres which it said would be sufficient for 34 days forward consumption nationwide. It also said in a statement from its Group General Manager, Public Affairs, […]


By admin On 20 Mar, 2017 At 01:54 AM | Categorized As News | With 0 Comments
Fuel bunkering

The operatives of the Lagos State Task Force at the weekend nabbed 43 oil bunkering suspects and sealed-off a property with 2.5 million litres of alleged adulterated diesel at the Alausa area of Ikeja. THISDAY had gathered that mechanics around the area had complained that the activities of these illegal oil bunkers were responsible for […]


By admin On 20 Mar, 2017 At 01:18 AM | Categorized As News | With 0 Comments
efcc-logo

Bankers, mainly account officers, have started to take advantage of the federal government’s whistleblowing policy to report the wrongdoings of former and current public office holders suspected to have embezzled public funds and stashed them in several Nigerian banks, investigations by THISDAY have revealed. A reliable source with the Economic and Financial Crimes Commission (EFCC), […]


By admin On 20 Mar, 2017 At 01:43 AM | Categorized As News | With 0 Comments
electric power transformers plant

The Transmission Company of Nigeria (TCN) has stated that its earlier directive asking electricity generation companies to cut generation was in the interest of the integrity of the national grid and the entire power network in the country. In a press statement signed and issued by the GM, Public Affairs, Seun Olagunju, TCN said the […]



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