CBN slams N499b fine on 12 banks for loan policy breach

For breaching its guidelines on lending to the real sector of the economy, the Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion. According to an approved debit instruction, the affected banks and the amount they will pay are: Citibank (N100,743,055,

PDP tackles APC over rumoured 3rd term agenda

The Peoples Democratic Party, PDP, on Wednesday, cautioned the All Progressives Congress, APC, and the cabal in the Presidency against plots to push a third term agenda for President Muhammadu Buhari. PDP described such as a dangerous underhand politics capable of derailing our democracy and

2023: Power brokers rule out Tinubu, Osinbajo, Fashola

2023: Aso Rock power brokers rule out Tinubu, Osinbajo, Fashola   The speculated 2023 presidential ambition of the National Leader of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, is doomed to fail if information coming out from the country’s seat

Suspected assassins murder Fulani leader

Suspected assassins have gunned down the Adamawa State Chairman of Tabital Pulaaku International, Alhaji Abdu Balli. Tabital Pulaaku International, known fully in local parlance as Tabital Pulaaku Joondie Jam, is a pan-Fulani group. The state government has strongly condemned Balli’s killing, pledging to

Insecurity: Roads in Northern Nigeria under siege — Senate

By Ahuraka Isah and Sunday Isuwa The Senate yesterday lamented the high level of insecurity in the country, noting that most roads in the northern part of the country had been overrun by criminal elements. The lawmakers expressed worry at the rising spate

Cultists murder policeman, seize rifles

By Okey Sampson, Aba on A policeman and a civilian were killed yesterday during a clash between suspected cultists and policemen at the Ndiegoro axis of Aba, Abia State. As a result of the incident, some buildings in four streets in Okojombo, Anaba,

President Buhari to preside over extra-ordinary FEC on Saturday

By Johnbosco Agbakwuru PRESIDENT Muhammadu Buhari will preside over an emergency Federal Executive Council (FEC), meeting tagged Extraordinary FEC on Saturday. The meeting may not be unconnected with the next week’s presentation of the 2020 budget estimate to the National Assembly, A top

Ignore fuel scarcity rumours – IPMAN

  The Independent Petroleum Marketers Association of Nigeria, IPMAN, has dismissed reports of impending fuel scarcity, saying those behind the reports do not mean well for the nation. National President of the association, Alhaji Sanusi Abdu Fari in a statement on Wednesday urged

UNBELIEVABLE: Saudi Arabia, Qatar Sponsoring Boko Haram, former Benin President alleges

By Nwafor Sunday Facts have occurred of the people sponsoring the dreaded terrorist oganisation, ‘Boko Haram’ in Nigeria.  It has been proven that Boko Haram is allegedly being funded by Saudi Arabia and Qatar. The statement by Nicephore Soglo, former president of Benin

Shock as Islamic Supreme Council loses Deputy President-General

The Nigerian Supreme Council for Islamic Affairs (NSCIA), on Wednesday, announced the death of its Deputy President-General, Dr Sakariyau Babalola. A statement by the council’s deputy Secretary-General Salisu Shehu, in Abuja, said the deceased was the President of Muslims of South West of