The Reformed Niger Delta Avengers in conjunction with nine other militant groups in the Niger Delta Region on Monday rejected in its entirety the refusal of President Muhammadu Buhari to sign the bill establishing the Nigeria Maritime University Okerenkoko into law adding its refusal will surely amount to other violent activities in the creeks of […]
Month: June 2019
Sanwo-Olu signs N873.532 billion 2019 budget into law
Lagos State Governor, Mr. Babajide Sanwo-Olu on Monday signed the state 2019 Appropriation Bill and three other bills into law. The new Capital Expenditure stands at N479.691 billion while Recurrent Expenditure is N393.841 billion, which ratio 55-45 per cent. The signing of the Appropriation bill into law ends many months of controversies between the executive […]
FAAN assures Readiness of airports for Sallah celebration
By Foster Obi The Federal Airports Authority of Nigeria (FAAN) has promised all airport users that Nigerian airports under its management are fully ready to play host to air travelers during this Sallah celebration. A statement signed by Henrietta Yakubu, General Manager, Corporate Affairs said “as part of our preparations to ensure seamless facilitation of […]
SEC Workers shut down office to prevent Gwarzo’s return
The staff of Securities and Exchange Commission (SEC) early hours of this morning shut down the office in Abuja, over attempts to reinstate suspended DG, Mr Munir Gawrzo. SEC Protesters shut down SEC office, Abuja Monday morning Gwarzo had been indicted for abuse of office and corruption by an Administrative Panel of Inquiry set up […]
Banks’ non-performing loans hit N1.676tn
Banking sector’s non-performing loans stood at N1.676tn as of the end of March 2019, latest statistics from the National Bureau of Statistics revealed. The gross loans recorded in the banking sector stood at N15.480tn, while the loans after specific provisions stood at N13.739tn in the period under review. The ratio of the non-performing loans to […]
Nigeria financial watchdog sets up interim management team at oil firm Oando -statement
Nigeria’s Securities and Exchange Commission (SEC) has set up an interim management team to oversee local oil company Oando, the financial watchdog said on Sunday. It said in a statement the team would conduct an extraordinary general meeting on or before July 1 to appoint new directors. Nigeria’s SEC said on Friday it ordered a […]
Eid-el-Fitri: FRSC advises motorists to drive cautiously
The Sango-Ota Command of Federal Road Safety Corps (FRSC) in Ogun, has advised motorists to exercise patience in trying to get to their various destinations during the Eid-El-Fitr celebrations. Mr Akeem Gainya, the Sango-Ota Unit Commander, gave the advice in an Interview with the News Agency of Nigeria (NAN) in Ota, Ogun on Sunday. NAN […]
US introduces new visa requirements
Nearly all applicants for United States’ (US) visas will have to submit their social media details under newly adopted rules. The State Department regulations say people will have to submit social media names and five years’ worth of email addresses and phone numbers. When proposed last year, authorities estimated the proposal would affect 14.7 million […]
Residents of Abuja community resort to herbalists for healthcare
The residents of Chibiri Community in Kuje Area Council have resorted to using herbalists for the treatment of their children due to lack of proper healthcare facility in the area. The residents told News Agency of Nigeria (NAN) on Sunday in Abuja that over the years they have lost children to seizure and other ailments. […]
At least two migrants die, 25 missing in boat accident off Libyan coast
At least two migrants died and around 25 others were missing after their inflatable boat capsized off the western Libyan coast, a spokesman for the coastguard said on Sunday. A total of 73 migrants were picked up by a coastguard patrol about 14 miles off Qarabulli town, some 49 km (30.5 miles) east of the […]