2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

By- Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust year for both local and foreign investors, due to … Read more

See Why CAC Boss Was Ordered To Step Down

See Why CAC Boss Ordered To Step Down

Azuka Azinge, Acting Registrar of the Corporate Affairs Commission (CAC) has been asked to step down as head of the commission by the Code of Conduct Tribunal (CCT). Ms. Azuka stood trial before CCT on the 23rd of December on an eleven-count charge over fake declaration of assets. She was also arraigned for collecting allowances … Read more

Money Heist: Armed Robbers Trapped Inside Bank, Surrender (VIDEO)

Suspected robbers who took siege of a First Bank of Nigeria branch in the Mpape area of Abuja have been stuck inside the bank building after they were unable to carryout their operation.

Reports say that they broke into the bank in the morning on Saturday guns blazing but got stuck in the bank after learnung that the bank had been surrounded by the police.

Policemen and soldiers ringed the premises after they were deployed to the scene.

Journalists tried to reach the spokesman of the Federal Capital Territory (FCT) police command, Anjuri Manzah, but were unable to

It was later disclosed by the police that four of the alleged robbers were in their custody while one other got the end of the gun as he tried to escape arrest.

The Federal Capital Territory’s police comissionner, Bala Ciroma, disclosed that one of the arrested men was a staff of the bank.

In a phone interview with TheCable, the commissioner said, “We have concluded the operation. Four suspects arrested and one dead. One of them is an insider but we are still investigating.”

 

 

Gombe: Gov. Inuwa Yahaya Signs N130.83bn 2020 Budget

Gombe: Gov. Inuwa Yahaya Signs N130.83bn 2020 Budget

Gombe State Governor, Inuwa Yahaya, has signed the 2020 budget passed by the Gombe State House of Assembly into law. He assented to the bill during a brief ceremony on Friday at the Government House in Gombe, north-east Nigeria. The N130.83 billion Appropriation Act tagged ‘Budget of Change’ has N71.04 billion for capital expenditure while … Read more

Ruffian Caught With Gun In Edo Deputy Gov House

The Edo State Police is yet to release an official statement regarding a thug identified as Victor John who  was on Saturday caught with a locally- made gun inside the family compound of the Deputy Governor of Edo State, Philip Shaibu. The man was said to have scaled the fence and landed in the premises … Read more

Two Detained By Police For Defrauding Bank Manager

Access Bank Completes N15bn Green Bond Cross-listing

Oluba Falaye and Abidakun Gbenga, who are residents of Lagos and Ado-Ekiti respectively, are currently in police net for defrauding a bank manager of N70m. Spokesperson for the Adamawa State Police Command, DSP Suleiman Nguroje, told journalists on Saturday in Yola, the capital, that two accomplices of the suspects, one of whom is a local … Read more

Ondo Residents Stage Peaceful Protest Over Incessant Killings By Trucks

Ondo

Residents of Iwaro/Oka Akoko in Akoko Southwest Local Government Area of Ondo State on Saturday trooped out in large numbers and peacefully protested over incessant killings through accidents caused by heavy-duty vehicles. The protesters, who carried placards with various inscriptions like, ”Don’t turn our community into a ghost town”, “Our lives matter’’; No Solution, No … Read more

Atiku Lauds Police Efforts In Failed Robbery Attempt

COVID-19: : Restrict Flights From The UK Immediately, Atiku Urges FG

Following a report of  a suspect being shot dead and four others arrested during a  robbery attempt at First Bank, Mpape, the outskirts of Abuja former Vice President, Atiku Abubakar, on Saturday, commended the Nigeria Police and the Nigerian Army for foiling the attack. Atiku tweeted on Saturday, saying, “I’m proud of the proactiveness of … Read more

Algerian President Appoints Prime Minister

Algerian President Abdelmadjid Tebboune Saturday appointed Abdelaziz Djerrad as prime minister and requested him to form a cabinet, official media reported. The state-run radio Channel III noted that Mr Djerrad has already served as secretary general at the presidency in the era of President Liamine Zeroual from 1994 to 1997, and diplomatic adviser for interim … Read more

‘I Turned Down Offer From Arsenal’, Says Osimhen

Super Eagles youngster, Victor Osimhen in an interview disclosed reasons he rejected an offer from English Premier League Club, Arsenal. The U-17 Wolrd Cup winner said the former Arsenal manager, Arsene Wenger wanted him to join the club but he was not able to assure him first-team inclusion. He said; “After the tournament (2015 U-17 … Read more

Nigerian Police Presents New Initiative Against Cultism To China

The concept of Nigeria’s Police Campaign Against Cultism and Other Vices (POCACOV) has been presented to Chinese Police in the Chinese’s Guangdong province. This was done in a seminar session at the ongoing security exchange programme between Nigeria and China. The POCACOV National Coordinator, SP Ebere Amaraizu, who presented the initiative, disclosed this in a statement made … Read more

Months After Assaulting Woman, Elisha Abbo Wins ‘Beacon Of Hope Award’

Lawmaker representing Adamawa North at the red chamber, and member of the Peoples Democratic Party (PDP), Ishaku Elisha Abbo has been honoured with a ‘Beacon of Hope’ award at the 4th edition of the Adamawa Celebrities and Achievers Awards (ACAA). The award presentation took place in Yola, the capital of Adamawa State on Saturday. This … Read more

45-Year-Old Tortoise Sets House Ablaze, Becomes Angry For Getting Rescued

An “angry” British tortoise managed to set his house on fire on Christmas Day — and didn’t look thrilled when firefighters extinguished the blaze and saved his shell, according to officials. The 45-year-old reptile was home alone in Essex on Wednesday afternoon when he knocked over a heat lamp, setting his bedding alight, the Essex … Read more

Buhari Advises Youths On Marriage

While congratulating President of the Senate, Dr Ahmed Lawan, on his son’s marriage, President Muhammadu Buhari on Friday urged young couples to always seek advice from exemplary persons. Ibrahim, son of the Senate President, got married to Amani, the daughter of a businessman, Alhaji Bala Umar, a Kano indigene, in Kano on Friday. See Also: … Read more

Edo 2020: Let Us Fast And Pray For Peace -Oba Of Benin

The Oba of Benin, Ewuare II, has urged traditional rulers in the state to fast and pray for peace in the state ahead of the Edo governorship election in 2020. The traditional gave the charge at the quarterly meeting of the Edo Council of Traditional Rulers and Chiefs in Benin on Saturday. The monarch said … Read more

Over 100 Persons Bag 2-4 Month Imprisonment For Violation Of Environmental Laws

Court Sentence Man To 12 Years Imprisonment For Human Trafficking

Over one Hundred persons have been prosecuted for violation of environmental laws in Nasarawa state, the state’s Commissioner for Environment and Natural Resources, Musa Ibrahim, said. Ibrahim stressed that the state government would ensured that anyone who violates the environmental laws in the state capital, Mafia, faces the wrath of the law. The commissioner noted … Read more

Buhari Will Plunge Nigeria Into Bankruptcy – Obasanjo

Obasanjo

Former President of Nigeria, Chief Olusegun Obasanjo, has raised the alarm over the possibility of Nigeria been Bankrupted under the Buhari’s Administration. The ex-president lamented the increased external and internal debt of Nigeria under Buhari adding that, the figures are worrisome and as such, Nigeria stands the risk of bankruptcy. Obasanjo disclosed this while speaking … Read more

CAN Replies Sultan Says, You Are Wrong If You Say Christians Are Not Been Persecuted

The Christian Association of Nigeria (CAN), has replied the Sultan of Sokoto, His eminence, Sa’ad Abubakar III, who recently said that Christians were not been persecuted because not all Fulani were Muslims. In its reaction, CAN noted that the Sultan’s assumption was wrong, adding that, the association stands by its statement on the Christians persecution … Read more

INEC Officials Arraigned In Yola Court For Fraud

Man Sentenced To 12 Years In Prison For Defiling Minor

Ibrahim Umar, a former electoral officer in charge of Yola South Local Government Area of Adamawa State, and Sahabo Hamman, a retired staff member of INEC and representative of West African Network of Election Observers, have been sentenced to  21 years in prison on three counts bordering on conspiracy, and for corruptly enriching themselves. The … Read more

Quilox Club Re-opened After Readiness To Comply With Environmental Laws

After the management’s commitment to comply with the state’s Environmental Laws, Regulations, guidelines, and standards, the Lagos State Government on Friday re-opened the Club Quilox. The popular club owned by a member of the House of Representatives, Shina Abiola Peller, had organised a 36-hour non-stop event that led to traffic gridlock and noise pollution with … Read more