Category Archives: News

NIPOST, Fidelity Bank deploy banking service to 266 rural communities


The Nigeria Postal Service and Fidelity Bank Plc on Thursday entered into a collaboration to deploy modern banking services to Nigerians in 266 rural communities. The move is part of the measures to boost the level of financial inclusion in

Buhari orders CBN to blacklist importers of palm oil, 42 other items


President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist from the banking system any firm, its owner and top management caught smuggling or dumping any of the 43 items that are not eligible for foreign exchange. The

Two Air Force officers dismissed over attack on Magu’s farmhouse

Two Air Force officers- attack Magu’s farmhouse-009.jpg

Two officers of the Nigerian Air Force have been dismissed for their alleged involvement in the murder of a police sergeant securing a farmhouse owned by the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. The officers,

Fish farmer remanded in prison for cutting off boy’s hand


An Ebute Meta Chief Magistrates’ Court, Lagos, on Friday, remanded a 67-year-old fish farmer, Jeremiah Obrifor, in prison custody for cutting off the right hand of an 11-year-old boy, Goodluck Amaechi. The presiding magistrate, Mrs A.O. Komolafe, ordered that the

Boko Haram fighters kill another army commander


The Boko Haram insurgents have attacked a military location at Kareto village in the Mobbar Local Government Area of Borno State, killing the Commanding Officer of 158 Battalion, and an undisclosed number of soldiers. The acting Director, Public Relations, Nigerian

9th Assembly: Lawmakers to get N19.89bn allowances in three months –Investigation


Payment of overhead allowances to lawmakers inaugurated on Tuesday in the first three months will increase their total allowances to N19.89bn, investigations by  Our correspondent has shown. Our correspondenthad exclusively reported that 469 lawmakers would get N4.68bn as welcome package

Buhari’s cabinet: Tinubu men begin moves to stop Ambode’s nomination, may petition EFCC


There are indications that the immediate past governor of Lagos State, Akinwunmi Ambode, may be part of President Muhammadu Buhari’s next cabinet. It has, however, been gathered that party men loyal to the National Leader of the ruling party, Asiwaju

Sanwo-Olu doubles LASTMA officers’ allowances, warns against harassment


The Governor of Lagos State, Mr Babajide Sanwo-Olu, on Friday, announced 100 per cent increase in the allowances of Lagos State Traffic Management Authority officials ( LASTMA ). He said this was to encourage and motivate the workers in the

Buhari’s cabinet: Ambode, Bindow, Abubakar may get ministerial appointments


There are strong indications that the immediate past governors of Lagos, Adamawa and Bauchi states, Akinwunmi Ambode, Mohammed Bindow and Mohammed Abubakar, may be part of President Muhammadu Buhari’s next cabinet. Our correspondent learnt that the leadership of the ruling  All

CBN injects $210m into forex market


The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded last Tuesday. Figures obtained from the CBN indicated that authorized dealers in the wholesale segment