Police Nabbed Man With ‘Fake PVC, Money’ In Osogbo

A man has been arrested at Ward 5, Unit 17 in Ataoja, Osogbo, the Osun State capital, after he was found with an undisclosed amount of money and a fake Permanent Voter Card (PVC). The Osun governorship rerun election has been characterised by heavy presence of security officials in various polling units. Dominik Williams, a British […]

Unknown Gunmen Kidnapped 16 Local Miners In Kaduna

Armed men suspected to be from Bogoma village of Birnin Gwari Local Government Area of Kaduna State, have abducted 16 local miners in the region. DSP Yakubu Sabo, spokesman of the Kaduna State Police Command, confirmed the incident on Wednesday. The miners were abducted on their way home after they had finished their mining business […]

Police Nabbed Man Who Threatened To Rape Atiku’s Wife And Bomb His Plane

Nigeria Police Force has paraded one Augustus Akpan, who had threatened to kidnap, rape and kill Atiku Abubakar’s wife and daughter if he fails to discard his presidential ambition. Augustus, aged 43, had also sent a message to the former vice president, threatening to blow his plane mid-air. The Police claimed to have retrieved a […]

Power Supply Declines At 3,761MW, Sector Loses N381bn

Nigeria’s power sector has struggled to sustain an average daily supply of 3,761 megawatts (MW) within the first nine months of 2018, according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo. The power sector also lost N381 billion during the period under review as a result of […]

Delta Assembly Suspends Former Speaker Over Embezzlement

Delta State House of Assembly has slammed its former speaker, Monday Igbuya, with three months suspension over alleged financial embezzlement while in office. During plenary in May 2017, 22 out of the 29 members of the Delta State House of Assembly voted to impeach the speaker, Monday Igbuya and immediately replaced him with the member […]

Defunct Skye Bank Directors Under Investigation, Says NDIC

The  revocation of Skye Bank Plc licence by the Central Bank of Nigeria (CBN), the former chairman and another director of the defunct bank, Mr. Tunde Ayeni and Dr. Festus Fadeyi are currently under investigation. This is coming as the Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) with other African […]

CBN Withdraws Licences Of 182 Financial Institutions

The Central Bank of Nigeria(CBN) has revoked the operational licences of 182 other financial institutions (OFIs) across the country. In a notice of revocation of licences of 182 OFIs obtained from its website, the apex banks lists the financial institutions to include 154 microfinance banks, 22 finance companies and six primary mortgage banks. Giving reasons […]