Saturday, May 8, 2021

BREAKING: Zenith Bank becomes Nigeria’s biggest bank by asset

Jim Ovia-led Zenith Bank Plc saw a 34 per cent surge in its asset base in 2020, lifting the bank’s value from N6.347 trillion to N8.481 trillion in one year and making it Nigeria’s biggest bank by asset, its audited financial statements showed on Tuesday. The lender could, however, cede that position to fiercely aggressive...

Nigerian Air Force Confirms Seven Personnel Dead in Military Plane Cras

Nigeria’s Chief of Air Staff, Air Vice Marshal Oladayo Amao has ordered an immediate investigation into the events that led to the death of seven personnel when the force’s Beechcraft KingAir B350i aircraft crashed at the Abuja airport. The Air Force in a statement said the aircraft crashed while returning to the Abuja Airport after...

Watch Your Utterances, Abdulsalami Cautions Govs, Warns against Civil War

•States’ helmsmen demand prosecution of criminals •To dedicate part of ECA to security The Chairman of the National Peace Committee (NPC) and Nigeria’s former Head of State, Gen. Abdulsalami Abubakar (rtd), has cautioned state governors to be more temperate in their utterances in order not to instigate civil unrest in the nation that is on the...

NLC Declares Strike in 18 States over Minimum Wage

•Issues 14-day ultimatum to airlines The Nigeria Labour Congress (NLC) yesterday directed workers in all the states where the national minimum wage of N30, 000 is yet to be paid to immediately proceed on strike. Although it did not name the states yet to honour the minimum wage, NLC said about half the 36 states of...

2020 budget manipulation: ICPC mops up N142bn, indicts 51 health institutions

The Independent Corrupt Practices and other related offences Commission, ICPC, said yesterday it successfully mopped up excess cash totaling N147 billion which some Ministries, Departments and Agencies, MDAs, illegally diverted from the 2020 budget as personnel cost. Chairman of ICPC, Prof. Bolaji Owasanoye, SAN, who disclosed this at a one-day interactive session with directors...

BREAKING: Declare state of emergency on security, Senate tells Buhari

The Senate on Wednesday asked the President, Major General Muhammadu Buhari (retd), to declare a state of emergency on security without further delay. The red chamber made the call following a point of order by Senator Sani Musa (APC, Niger East), on the abduction of students and staff of the Government Science Secondary School in...

Buhari Names 40-Year Old Bawa as EFCC Boss, Seeks Senate Confirmation

Nigeria’s President Muhammadu Buhari has asked the Senate to confirm forty year old Abdulrasheed Bawa as the substantive Chairman of the country’s Economic and Financial Crimes Commission (EFCC) Femi Adesina, special adviser to the president on media and publicity in a statement on Tuesday said President Buhari had communicated the request in a letter written...

BREAKING: NBA sues Buhari over IGP tenure extension

The Nigerian Bar Association has sued the President, Major General Muhammadu Buhari (retd.), over the extension of the tenure of the Inspector General of Police, Abubakar Adamu. The NBA commenced the legal action at the Lagos Division of the Federal High Court in Suit No. FHC/L/CS/214/2021. The defendants in the suit include the President, the IGP...

BREAKING:Lateef Jakande, First Civilian Governor Of Lagos, Dies At 91

The first civilian Governor of Lagos State, Alhaji Lateef Jakande, is dead. He died in the early hours of Thursday at the age of 91. Jakande, a former journalist became governor of Lagos State in Nigeria from 1979 to 1983, and later was Minister of Works under the Sani Abacha military regime. His administration as governor of...

Crush the Insurgency Now, Buhari Orders Military Chiefs

•Lists gains of Nigeria-Niger Republic rail link •Directs conclusion of financial plan for Lagos-Calabar rail project By Deji Elumoye, Kingsley Nwezeh and Kasim Sumaina in Katsina President Muhammadu Buhari has ordered the military service chiefs to be decisive in dealing with terrorists and ending the insurgency in the North-east without further delay. Buhari has also justified the extension...

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