427 institutions closed by NDIC in 2019
The Nigeria Deposit Insurance Corporation (NDIC), says it has liquidated 427 financial institutions as at December 2019. Mr John Abiodun, the Assistant Director, Insurance and
Author : Nwafor Sunday
Controversy as CBN clarifies position on operation of domiciliary accounts
The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs). The CBN
Police rescue 10 year old girl sold for N800,000 in Anambra, search for parents
The Anambra Police Command has commenced search for the biological parents of a 10 year-old girl, who was abducted, allegedly sold for N800,000 but rescued
Buhari sympathises with families of victims, says attacks on soft targets signs of frustration
President Muhammadu Buhari has condemned Boko Haram attack on Garkida in Adamawa State, and extended his sympathy to families of victims. In a statement by
Umahi sacks two aides over alleged murder involvement, orders arrest
Gov. David Umahi of Ebonyi has sacked two of his aides allegedly involved in a murder during the Peoples Democratic Party (PDP) councillorship primaries on
Insecurity: Sen. Shettima drums support for Buhari
Sen. Kassim Shettima has advised Nigerians to stop demonising President Muhammadu Buhari, noting that he had done enough in trying to solve the problem of
INEC declares Sen. Diri winner of Bayelsa governorship election
The Independent National Electoral Commission (INEC) has declared the candidate of the Peoples Democratic Party (PDP), Douye Diri, as winner of the Bayelsa governorship election
EFCC records 48 convictions, N8.5bn recoveries
The Economic and Financial Crimes Commission (EFCC) says it has recorded 48 convictions and recovered N8.5 billion in cash and assets within one year in
Court remands man for allegedly defiling 14-year-old girl
A Magistrates’ Court in Ogudu, Lagos, on Monday, ordered that a 21-year-old man, Jonah Major, who llegedly defiled a 14-year-old girl, be remanded in a
80 per cent of revenue accrueable from solid minerals lost to illegal mining – official
The Federal Ministry of Mines and Steel Development has said that the country was losing 80 percent of revenue that would have accrued from the