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Latest News

  • Latest News

    EFCC grills ex-Bauchi LG bosses over N85.75m poll fraud

    Armstrong Bakam, Bauchi The Economic  and Financial Crimes Commission has quizzed two former local government chairmen and a former Chairman of the Peoples Democratic Party in Bauchi State over an alleged N85.75m election fraud. The affected people are a former Chairman, Bauchi LGA, Bala Maigoro, a former Caretaker Chairman, Alkaleri LGA, Bala Abdullahi and an ex-chairman of the PDP in the Warji LGA, Alhaji Sama’ila Maigwanjo. The men were interrogated by the EFCC at its Gombe Zonal Office. This is […]

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  • Latest News

    Two die in Benue students, police clash

    Attah Ede, Makurdi No fewer than two students of FIDEI Polytechnic, Gboko in Benue State were feared dead when protesting students of the institution clashed with policemen and suspected hoodlums on Wednesday. This is as another student was said to have been hospitalised and two policemen injured in the clash while properties worth millions of naira were destroyed. The crisis was said to have broken out in early hours of Tuesday and ran through Wednesday evening. An eyewitness told our […]

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    Okowa’s convoy crushes man to death, injures journalists

    Ovie Okpare, Warri AN elderly farmer has been reported to have been crushed to death during an accident involving one of the vehicles in the convoy of the Delta State Governor, Senator Ifeanyi Okowa, around Umutu, in Ukwuani Council Area of the state. Our correspondent gathered on Wednesday that the accident happened on Friday when one of the buses in the governor’s convoy was returning from the Niger Delta Stakeholders’ Meeting, held at the Petroleum Training Institute, Effurun. It was […]

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  • Latest News

    N5b army vehicles scandal: EFCC to grill 25 suspects

    How did the Army spend a N5billion vehicles purchase grant from the Office of the National Security Adviser (ONSA) ? This is the knot an Economic and Financial Crimes Commission (EFCC) special task force is battling to untie. The vehicles were onstensibly  for the monitoring of the 2015 general elections. The Department of Army Logistics became aware of the quantity and types of vehicles on October 29, last year — about seven months after they were bought. The transaction was […]

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    $2.274b NNPC cash: Day of reckoning for banks

    It is not always that the Central Bank of Nigeria (CBN) on   banks and other financial institutions. But on Tuesday, the apex bank wielded the big stick against nine banks for failing to remit $2.274 billion belonging to the Nigeria National Petroleum Corporation (NNPC) into the Treasury Single Account (TSA) as required by regulation. COLLINS NWEZE takes feedback from the lenders and examines the implications on their interactions with foreign exchange customers.  BARELY 24 hours after the apex bank […]

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  • Latest News

    Banks’ bad loans rise to N649.63b

    BANKS are carrying a heavy load of Non-Performing Loans (NPLs), which rose 78 per cent year-on-year to N649.63 billion last May. The “worrisome” trend should be tackled, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday. He was speaking at the third National Credit Reporting Conference organised by the Credit Bureau Association of Nigeria (CBAN) in Lagos. To him, the state of bad loans in the sector implies that efforts need to be doubled in credit information sharing to stem […]

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  • Latest News Emir of Kano to Buhari: Your government may end up like Jonathan’s

    Emir of Kano to Buhari: Your government may end up like Jonathan’s

    The former CBN says he will never stop telling the truth to power The post Emir of Kano to Buhari: Your government may end up like Jonathan’s appeared first on Premium Times Nigeria. Powered by WPeMatico

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  • Latest News Tension in Enugu as police, hoodlums engage in gun duel, two shot dead

    Tension in Enugu as police, hoodlums engage in gun duel, two shot dead

    Residents of Enugu State were on Wednesday thrown into panic following a gun duel involving nine suspected armed robbers, who raided several parts of the State and security operatives. The hoodlums had launched an operation, which lasted for several hours. ‎DAILY POST gathered that they had attacked a location within the New Market axis of […] Tension in Enugu as police, hoodlums engage in gun duel, two shot dead Powered by WPeMatico

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