NDIC to liquidate 179 microfinance banks revoked by CBN
The Nigeria Deposit Insurance Corporation has said it would soon completely liquidate the 179 microfinance banks whose licenses were recently revoked by the Central Bank of Nigeria. Recall that the apex bank had early this week revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three […]
Portable laments exclusion from Tinubu’s Renewed Hope Concert
Controversial Nigerian musician, Habeeb Okikiola aka Portable, has lamented his exclusion from the Renewed Hope Concert held on Thursday at the MKO Abiola National Stadium, Abuja. No fewer than 46 musicians including Buju, Waje, Brymo, Fireboy, Kaycee, Asake, Timaya, Pasuma, Naira Marley, Tony Tetuila, and Seyi Vibes, among many other music industry heavyweights performed at […]
Crocodiles tear 72-year-old apart after victim falls inside cage
About 40 crocodiles killed a Cambodian man on Friday after he fell into their enclosure on his family’s reptile farm, police said. Luan Nam, 72, was trying to move a crocodile out of a cage where it had laid eggs when it grabbed the stick he was using as a goad and pulled him in. […]
9th NASS one of the most productive in Nigeria’s history — Buhari
The President, Major-General Muhammadu Buhari (retd.), has described the 9th National Assembly as one of the most productive in the history of the Nigerian legislature. According to the president, the 9th National Assembly will be remembered as one of the most productive in terms of output and outcome. Buhari made this known while speaking on […]
Tunisia arrests migrant trafficking kingpin
Tunisia has arrested a man suspected of being the organiser of a ring that smuggled migrants across the Mediterranean, including an attempted crossing in which 20 people drowned, authorities said. The North African country, which lies just 130 kilometres from the Italian island of Lampedusa, has long been a favoured steppingstone for migrants attempting the […]
Japan unveils new sanctions on Russia over Ukraine invasion
Russia was hit with a wave of sanctions after it sent forces into Ukraine in February last year, but calls have grown from Kyiv and its allies for tougher action against Moscow. The latest embargo by Tokyo follows the Group of Seven summit Japan hosted last week in Hiroshima, where the bloc’s leaders agreed to […]
JAMB unveils N1.19bn CBT centre in Kaduna
The Joint Admissions and Matriculation Board has commissioned a 1000-seating capacity mega Computer Based Test Centre in Kaduna. The centre said to be the largest in West Africa has four units each of 250 seaters with the capacity to conduct the Unified Tertiary Matriculation Examination for 4,000 candidates per day. While inaugurating the N1.19bn CBT […]
Anambra community protests ceding of land, seeks Soludo’s intervention
Thousands of indigenes of the Achalla Community in Awka North Local Government Area of Anambra State marched on Thursday to the Government House in Awka while protesting the unilateral ceding of a parcel of disputed land to their neighbouring community. Carrying placards with various inscriptions, the protesters, comprising old and young, accused the LG of […]
Tinubu can achieve greatness as President if… — Shagari
Former Deputy Governor of Sokoto State, Mukhtar Shagari, on Thursday, expressed optimism that the President-elect, Bola Tinubu can achieve greatness as President of the nation if he surrounds himself with the right people. Shagari said this while speaking on Channels Television’s Politics Today, adding that Tinubu will be successful if he has the right team. […]
IMF tasks Tinubu on revenue generation, debt reduction
The International Monetary Fund has urged the incoming government of President-elect, Sen. Bola Tinubu to take steps to increase the country’s revenue base. The Resident Representative, IMF Nigeria Office, Ari Aisen, who said this during a virtual forum on the Nigerian debt situation, also advised the incoming government to drastically reduce dependence on debt to […]