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Ogun Police Apprehends Attempted Murderer, Armed Robber

Folake Sokoya The men of Ogun State police command has arrested three members of an armed robbery syndicate at Ogunmakin in obafemi owode local government area of the state. The suspects were arrested after they attacked one Isaiah Sowunmi and shot his son Abiodun Sowunmi on the thigh in a bid to dispose them of their money. Distress call was …

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Zenith Bank Records N507.9 bn Gross Earnings in 2016 Financials …Pays N1.77 as final dividend

Zenith Bank Plc has recorded a gross earnings of N507.9 billion in its full year operations, as against N432.5 billion achieved in the corresponding period of 2015. Specifically, the bank’s result for the full year ended December 31, 2016, showed 17.4 per cent rise in gross earnings, from N432.5 billion in 2015 to N507.9 billion during the period under review. …

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Is the CBN unlawfully distorting forex market?

The Central Bank of Nigeria (CBN) has been consistently criticised for the manner in which it has managed Nigeria’s foreign exchange (forex) market. One of the complaints is the directive by the CBN to commercial banks to allocate 60 per cent of their forex sales to the manufacturing sector and at the rate advised by the CBN.  The second major complaint …

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Gov. Sani Bello reiterates his administration’s commitment to rural development in Niger

Olabode Adaramola Governor Abubakar Sani Bello of Niger State,  has reiterated the commitment of his administration  to accelerated rural development despite the economic challenges faced by the state. He gave the assurance  while  embarking  on mid-term project assessment tour to Bangi, the headquarters of Mariga local government  of the state. The Governor who stated that though the state and the …

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Stakeholders foil attempt by the police to stop PDP meeting in Niger

Olabode Adaramola Hundreds of members of the Niger state chapter of the Peoples Democratic Party(PDP) last Thursday foiled an attempt by the police in Minna  the state capital,  to stop a stakeholders  meeting at the state Secretariat of the party . The PDP members from the 25 local government areas of the state arrived the Secretariat as early as 9.00am …

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Security: Gov. Sani Bello Commissions new Police Station

Olabode Adaramola Niger state governor, Alhaji Abubakar Sani Bello has commissioned Yakila Police station in Yakila community , Rafi Local Government Area of  the state. The station, according to a Press statement made available to newsmen over the weekend by the Chief Press Secretary to the Governor,  Malam Jibrin Baba Ndace , was built and furnished by the state government …

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SEC seals up Yuan Dong over alleged Ponzi operations

Securities and Exchange Commission says it has sealed up the premises of Yuan Dong for unacceptable investment operations in the country. The Head, Corporate Communication of SEC, Mr Naif Abdussalam, in a statement on Sunday in Abuja, said the closure was to end unlawful activities of the company against unsuspecting investors. “Investments in the scheme range from a minimum deposit …

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Bomb explosion kills soldier,3 others in Niger community…as 7 others sustain injuries

Olabode Adaramola Tragedy struck on Saturday at Beri community in Mariga Local Government of Niger State , following an accidental explosion of a hand grenade  that killed four  people  including a 22-year old Private Soldier attached to 145 Battalion of the Nigerian Army , identified as Mohammed Tanko. Three other females who died as a result of the explosion were …

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