CBN Sanctions 4 Banks, Standard Chartered, Stanbic, Citibank, Diamond Bank Affected
…writes MTN to refund $8 billion ABUJA The Central Bank of Nigeria (CBN) says it has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked same to refund the sum of $8,134,312,397.63 for what it described as flagrant violation of extant laws and regulations of the Federal Republic of […]
BREAKING: Nigeria, UK Sign Agreements On Security, Economy
The Nigerian Government and the United Kingdom have signed bilateral agreements in the areas of defence and security partnership, as well as a comprehensive agreement on economic development. The Minister of Foreign Affairs, Mr Geoffrey Onyeama, disclosed this to reporters at the Presidential Villa in Abuja. The agreements followed a meeting between President Muhammadu Buhari […]
Kwankwaso Declares For Presidency
Having been denied usage of the Abuja Eagle Square , former governor of Kano State, Sen Rabiu Musa Kwankwaso has declared declare his intention to run for the office of president in the 2019 general elections on the platform of the Peoples Democratic Party (PDP). Mr Kwankwaso declared his intention at Chida Hotel in Utako, Abuja. […]
Ekiti Guber: Pressure Mounts on Oni to Withdraw Suit Against Fayemi
The last may not have been heard about the Ekiti State governorship election that presented former governor, Kayode Fayemi as winner on July 14, 2018, as there are indications that a suit filed by one of the aspirants, Segun Oni, may stand as impediment on the way of the acclaimed winner. Oni and Fayemi both […]
BREAKING: Saraki Meets Jonathan In Abuja
Senate President Bukola Saraki is currently in a closed-door meeting with former President Goodluck Jonathan in Abuja. The meeting may not be unconnected with the Senate President ambition to contest for the seat of presidency in the forthcoming 2019 elections.
IATA: Moderate Freight growth continues in July 2018, Up by 2.1%
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.1% in July 2018, compared to the same period the year before. This was the slowest pace of growth seen since May 2016 and well below the five-year average growth rate of […]
‘Olomilua Seeks Divorce, Says My Wife’s Uncontrollably Promiscuous’
There was pin drop silence in the courtroom as Gbenga Olomilua, 49, urged a Grade C Customary Court sitting at Inanlende, Ibadan, to uphold the divorce request of his wife, Rashidat, alleging that her promiscuity has no limit. Olomilua told the court on Wednesday that his 10-year-old union with the plaintiff was characterised with cheating, […]
Buhari Hails Uduaghan’s Defection to APC
Air was cleared on the defection of former Delta State governor, Emmanuel Uduaghan from the Peoples Democratic Party, PDP to the ruling All Progressives Congress, APC, as he was sighted at the National Caucus Meeting of the latter Tuesday night President Muhammadu Buhari at the meeting, formally welcomed Dr. Emmanuel Uduaghan and Chief Godswill Akpabio, […]
PDP Presidential Ticket: Atiku, Saraki, Others Know Fate October 6
The Peoples Democratic Party (PDP) has released its schedule of activities and time-table for the 2019 general elections and has announced the commencement of sale of forms. This was disclosed in a statement by the party’s National Organizing Secretary, Col. Austin Akonbundu. Aside Osun State, due to the Sept. 22 Gubernatorial election in the state, […]
Ritual Killing: One Dead, Two Others Escape Jungle Justice in Lagos
But for Police intervention today, a woman and a man allegedly found inside a tunnel in Lagos after a third person was lynched by a mob would have lost their lives. According to the Lagos State police spokesman, CSP Chike Oti the police received information on August 27 that a woman, later identified as Folake […]