Banks lending rate to customers hits 29.13%

  The maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent as of the end of December 2022. Figures obtained from the Central Bank of Nigeria on money market indicators revealed on Monday. According to the report, prime lending rate was 13.85 per cent, while […]

I have served well, disappointed no one – Buhari

  President Muhammadu Buhari, Monday in Bauchi, restated that he had served Nigeria and Nigerians to the best of his ability, declaring that he had not disappointed anyone. President Buhari, who was in Bauchi in continuation of the All Progressives Congress (APC) presidential and gubernatorial campaign rallies, spoke during his courtesy call on the Emir […]

Imo govt demolishes IICC built by Okorocha’s administration

  The Imo state government on Tuesday began the demolition of Imo International Conference Centre located at the warehouse junction, Owerri, the state capital. Our correspondent who visited the scene saw destruction equipments and officialst bringing down the structure. The structure was built by the administration of a former governor of the state, Rochas Okorocha, […]

Imo LG boss killers will never go free – police

  Imo police have vowed to arrest those who beheaded the Sole Administrator of the Ideato North Local Government Area of Imo State, Chris Ohizu. Police, in a statement in Owerri, the state capital, issued by their Public Relations Officer, Henry Okoye, said that they had commenced investigation into the dastardly act. The statement disclosed […]

NRC suspends Warri-Itakpe service as train derails in Kogi

  The Nigerian Railway Corporation (NRC) says the Warri-Itakpe rail service has been suspended after a train derailed at kilometre 30 Ajaokuta-Itakpe section of the track. Sanni Abdulganiyu, coordinator, Warri- Itakpe train service, disclosed this in a statement on Sunday. The incident is coming two weeks after gunmen, suspected to be herdsmen, kidnapped many passengers […]

Falana: Lawyers must desist from obtaining orders seeking to protect corrupt elite

  Femi Falana, a senior advocate of Nigeria (SAN), says lawyers must desist from securing court orders that protect the elite, especially those accused of corruption. In an article titled ‘Courts lack power to stop arrest, investigation and prosecution of criminal suspects’, Falana said the president, vice-president, governors and their deputies are the only officials […]