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 […]
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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 […]
MTN pays final N55bn to complete N330bn NCC fine
MTN Nigeria Communications Plc (MTN), has paid the sixth and final instalment of N55 billion to the Nigerian Communications Commission (NCC). This completes MTN’s payment of the N330 billion negotiated settlement agreed between the NCC and the company in 2016. According to Tobechukwu Okigbo, MTN’s chief corporate relations officer, the successful resolution of the fine […]
Youths will be trained to convert waste to wealth, says Sanwo-Olu
Lagos State Governor, Mr. Babajide Sanwo-Olu has said that the Resource Centre at the Olusosun Dump site, near Ojota will soon be available for training and retraining of youths on how to convert waste to wealth. Sanwo-Olu disclosed that the building under construction at the entrance of the site would be used to train and […]