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Daily Archives: Saturday, October 21, 2017

Obasanjo Bags AFRIMMA’s Leadership Award

Former Nigerian President, Olusegun Obasanjo has been honoured with the Leadership in Africa Award by organisers of the African Muzik Magazine Awards (AFRIMMA), we gather. The former president was given the diadem on the occasion of the 4th AFRIMMA Awards and Festival which held on October 8, at the House of Blues, Dallas, Texas, United States. Tauted as the biggest ...

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African leaders must speak with one voice – President Buhari to Alpha Conde of Guinea


President Buhari has said that African leaders must speak ‘with one voice’, independent of foreign influence, to achieve economic integration, development, peace, and security on the continent. Speaking at a bilateral meeting with President Alpha Conde of Guinea on Friday night in Istanbul, Turkey, President Buhari said leaders should learn from history to effectively tackle conflicts, violent extremism, and proliferation ...

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Court orders CBN, banks to freeze accounts without BVN

CBN Ag Governor Sarah Alade_510x350 (1)

The Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to disclose all accounts in their custody and the balances in such accounts. The court ordered the banks to disclose the details of all such accounts, their owners and their proceeds in their affidavit of compliance deposed to by ...

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Kaduna refinery dormant, PH, Warri producing below 30% — NNPC


There seems to be no end in sight to the downward operational performance of Nigeria’s refineries since the beginning of 2017 despite several interventions made to reinvigorate the facilities by the Nigerian National Petroleum Corporation.. The latest monthly oil and gas report released by the national oil firm showed that the cumulative capacity utilisation of the nation’s three refineries dropped ...

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Three soldiers killed as troops bomb B’Haram camp

chad raid by boko haram

Troops of the Operation Lafiya Dole, the military anti-terrorism operation in the North-East, have bombed buildings in a large Boko Haram camp which they discovered on Friday, killing unspecified number of insurgents. The Boko Haram settlement was discovered at the Urga area of Konduga in Borno State. Our correspondent learnt that the settlement, said to be highly populated, was discovered by an ...

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Oni has no fraud case to answer – Ekiti lawmakers

Segun Oni

The Ekiti State House of Assembly has said the former Ekiti State Governor, Segun Oni, is not being probed over any allegation of mismanagement of public funds while he presided over the state. The lawmakers added that the query about Oni, submitted by its Public Accounts Committee as part of the 2015 reports by the state’s auditor-general, was quashed for ...

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Erdogen’s wife hosts Aisha Buhari, others in Turkey


Wife of Turkish President, Mrs. Emine Erdogen, on Friday hosted Mrs Aisha Buhari and wives of other D-8 countries. See photos>>>

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Banking sector remains positive


Bearish sentiments dominated the Nigerian equities market this week as the market closed the week down. The NSEASI shed 0.65% in the week, settling the year-to-date (YtD) return at 36.22%. Market breadth was pegged at 0.62x representing twenty four (24) gainers and thirty-nine (39) losers. nINTBREWemerged as the top gainer for the week with a 21.77% share price appreciation, pushing ...

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