Man bags life imprisonment for kidnapping

An Ado Ekiti High on Thursday sentenced one Kayode Seun, 28, (aka DJ Glory) to life imprisonment for kidnapping. In his judgement, Justice Abiodun Adesodun said, the accused was found guilty as charged and was convicted accordingly. He was sentenced to life imprisonment. According to the charge sheet, the offence was committed on or about […]

BAD LOANS: Banks reduce consumer credits by 11%

Lending by banks to consumers fell cumulatively by 11 percent or N100 billion to N1.4 trillion over two months – July and August 2020 – driven by pressure to curtail rising bad loans. Bankers said the development was prompted by the impact of the COVID-19 pandemic as well as rise in bad loans in the […]

Army Battling Insecurity In 33 States, Says Ndume

Chairman of the Senate Committee on Army, Ali Ndume, said on Thursday that the Army is tackling security challenges in 33 states. Ndume spoke in Birnin Kebbi, the Kebbi State capital, during a visit to Governor Atiku Bagudu on the sideline of the committee’s oversight function to the state. “The Army has some programmes we […]

EFCC Arraigns Civil Servant over Alleged N1bn Fraud

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned the Chairman of the Federal Civil Service Staff with Disabilities’ Cooperative Society, Alhaji Iliasu Abdulrauf, for alleged N1, 126,156,000 fraud. Abdulrauf was arraigned before Justice S.C Oriji of the Federal Capital Territory (FCT) High Court, Apo, Abuja, on a six-count charge of breach of trust. Count […]

We’ll begin oil exploration in Chad Basin soon – Sylvia

The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin . The exercise was suspended by the government in July 2017 after suspected members of Boko Haram attacked a team of geological engineers from the University of Maiduguri who were engaged by Nigeria National Petroleum Corporation to […]

FG plans $124.2m loans for water projects

The Federal Executive Council has given approval for the collection of $104. 2m and $20m loans from two international financial institutions for the development of water projects in Nigeria . According to the Federal Ministry of Water Resources , the loans would come from the African Development Bank and the African Growing Together Fund. Spokesperson […]