Politics

21 Chibok Girls Abducted by Boko Haram Released…Govt confirms Report

21 Chibok Girls Abducted by Boko Haram Released Twenty-one girls of Government Secondary School, Chibok, Borno State, who were abducted in the dead of the night two years ago by the Boko Haram sect have reportedly been found. A report by Sahara Reporters on Thursday said the girls were handed over to the Federal Government after they were picked up by a military helicopter …

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CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually

CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually From FRIDAY EKEOBA Piqued by some international financial reports, that seven banks in the domestic economy are undercapitalised, the Central Bank of Nigeria (CBN) has assured both local and international investors that all banks in the country are solvent to carry out banking operations. The …

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UBA, European Investment Bank Seal €60m Investment Deal

UBA, European Investment Bank Seal €60 million Investment Deal The European Investment Bank and United Bank for Africa (UBA) have agreed a new EUR 60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in …

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US Supports Nigeria with Additional $92m to Fight Poverty

USAID

The United States of America (US) has announced an additional developmental assistance of $92.73million to Nigeria to help fight poverty. The sum which was given through the US Agency for International Development (USAID) is meant to support the five-year $2.3 billion agreement signed with the Nigeria Government in 2015. A statement from the Information Unit of the US Embassy in …

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18 Killed As Bomb Blast Rocks Maiduguri Motor Park

18 Killed As Bomb Blast Rocks Maiduguri Motor Park No fewer than 18 people were killed and 20 wounded when a car bomb, believed to be the handiwork of Boko Haram,   hit a convoy  in the outskirt of the northeastern Borno state’s capital of Maiduguri A witness said he saw 10 corpses at the scene of the explosion, but a source …

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Over- Loaded Trucks: Governor Sani Bello Suspend N500m Rehabilitation Works on Minna- Suleja Road

Over- Loaded Trucks: Governor Sani Bello suspend N500m rehabilitation works on Minna- Suleja road Olabode Adaramola Niger State governor Alhaji Abubakar Sani Bello has called for an immediate suspension of the on going Minna- Suleja federal highways rehabilitation works by his government. Governor Sani Bello’s directive followed the activities of several over -loaded heavy duty trucks plying the road on …

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Senate kicks against N309bn electricity bond

Senate kicks against N309bn electricity bond The Senate on Tuesday urged the Federal Government to stop plans to raise a N309bn bond to finance electricity generation in the country to erase recorded shortfall in projected power availability. The senate said that the government should put the plan on hold pending conclusion of investigation into the matter by its committees on …

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Lagos boost security with plans to recruit 5000 neighhbourhood watchers

Akinwummi Ambode, Lagos State Gov. Lagos boost security with plans to recruit 5000 neighhbourhood watchers As part of plans to further boost security and make the state a safe heaven for life and business, Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday disclosed plans to recruit at least 5,000 Neighbourhood Watchers to boost security across the State. The new recruits …

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Niger govt distributes relief materials worth N25million to victims of the communities ravaged by flood

Niger govt distributes relief materials worth N25million to victims of the communities ravaged by flood Olabode Adaramola ‎Niger state government in conjunction with the State Emergency Management Agency(NSEMA) has given out relief materials estimated at about N25millim to victims of the several communities displaced by flood disasters in Mokwa local government of the state. The Director General NSEMA, Mallam Ahmed …

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Four persons killed in road accident, flood in Niger

Four persons killed in road accident, flood in Niger Olabode Adaramola ‎Three persons in a commercial Bus lost their lives in a fatal road traffic accident at a point around Sabon Daga village along Minna-Bida highway in Niger State in the early hours of Sunday, National Wire learnt yesterday in Minna, the state capital. Another person also lost his life …

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