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
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,
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: 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 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
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
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,
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
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
Two university students were seen high-fiving after raping a drunk young woman in a nightclub maintenance room, a court has heard. Ferdinando Orlando, 25, and Lorenzo Costanzo, 26, were caught laughing and making sexual gestures on CCTV, after leading her out of the
A former member of the House of Representatives Farouk Lawan has regained freedom after serving
Washington state authorities said on Monday that five people were killed in a shooting at
Imo Police Command has revealed it arrested broadcast journalist Chinoso Uba popularly known as Nonsonkwa
The National Drug Law Enforcement Agency (NDLEA) has disclosed that drugs and illicit substances were