If customers are demanding 20 per cent, no bank would want to do overnight lending of 11 per cent in the interbank, as required by the conditions attached to the guarantee. The interest rate cap in the conditions for the guarantee does not reflect the realities of the market, he said

THE Federal Government has expressed concern over attack on officials of the National Drug Law Enforcement Agency (NDLEA) by drug barons across the country while fighting war against drug trafficking.

By Wole Mosadomi MINNA—Registrar and Chief Executive of Joint Admission and Matriculation Board, (JAMB), Professor Dibu Ojerinde has advised secondary school leavers not to cage themselves by limiting their scopes to university education alone adding that both technical and teachers education also have value and will be the favourite of all professors in the nearest […]

By Taye Obateru Jos—A high court judge in Plateau State, Justice Mohammed Sirajo, has warned the police of the consequences of going beyond their powers in the performance of their duties in view of growing awareness among the citizenry of their fundamental human rights. He said a lot of people are resorting to garnishing of […]

THE Peoples Democratic Party in Oyo State has faulted the former Governor of the state, Alhaji Lamidi Adesina on the utterances he made about the alleged non-performance of Governor Adebayo Alao-Akala.

The House of Representatives has cautioned the Federal Government against repeating the pitfalls in the concessioning of MMA2 to Bi-Courtney Aviation Services Limited, as it prepares to concession the nation’s four international airports.

The Government of Akwa Ibom State Wednesday invoked the original jurisdiction of the Supreme Court for its clear-cut pronouncement on the littoral status of Cross River State to finally resolve who between them (A/Ibom and C/River) legitimately owns the 75 oil wells, now a subject of litigation before two courts of record.

By Isiaka Oyibo LOKOJA — THERE    were indications yesterday that the main actors in the opposition camp who stood against the May 29 governorship victory of Governor Ibrahim Idris of Kogi State may have been wooed by the interest groups in the Kogi State chapter of the People’s Democratic Party (PDP) to consider a mass […]

By Anayo Okoli Umuahia—A group of Customs, Immigration and Prisons pensioners have called on the Economic and financial Crimes Commission (EFCC) to investigate their Pensions’ Office, alleging that there is a lot of corrupt acts and malpractices perpetrated in the office. Members of the group, who pleaded anonymity to avoid being victimized,  alleged that pensions […]

The Federal Government has filed a charge of alleged importation of prohibited goods against construction giant, Julius Berger Nigeria Plc, before a Federal High Court in Lagos.

It said the gesture will send the right signal to the militants on the seriousness of the government in exploring means of negotiated settlement of the crisis in the region.

By Emeka Mamah Kaduna —  The Transition Monitoring Group (TMG) has lamented over what it described as crisis of leadership in the country. It said every sector of the economy was experiencing one form of crisis or the other while the country’s leadership looked on as if things were in order. The TMG Coordinator in […]

Nine years after Imo State-born Glory Alozie dumped Nigeria for Spain, the 2000 Sydney Olympic 100m hurdles silver medallist is one of the top track and field stars expected to run at this Saturday’s CAA Abuja Grand Prix.

By HenryUmoru ABUJA—BARELY twenty-four hours after embarking on strike by the over 17,000 workers of the Federal Capital Territory Administration (FCTA) demanding the immediate payment of  N2.8 billion monetization arrears, the workers yesterday called off the strike. According to the FCTA Minister, Senator Muhammad Adamu Aliero, the one-day old strike by the FCT Labour Unions […]

The Nigeria Football Federation announced yesterday that Warri Wolves, which finished 4th in the Nigeria Premier League in the recently-ended season, will fly Nigeria’s flag in next year’s CAF Confederation Cup.