Man, 30, nabbed with human parts in Lagos
Emotions ran high MOndday at the Oduduwa, Ikeja office of the Lagos State Police Public Relations Officer, Mr Frank Mba, following startling revelations of how the dismembered remains of a teenager was exhumed from Era cemetery in Ijaniki area of Lagos, 12 hours after it was interred.
CBN jerks up capital base of micro-finance banks by 500%
The Central Bank of Nigeria (CBN) is set to increase the minimum paid-up capital of Unit Micro-Finance Banks (MFBs) by 500 per cent to N100 million. It also increased that of State MFBs by 100 per cent to N2 billion. Under the micro-finance bank policy introduced in 2006, there are two categories of MFBs -State MFBs and Unit MFBs.
Akume decries infighting among Northern political leaders
The immediate past Governor of Benue State, Senator George Akume has accused Northern political leaders of failing in their responsibilities to address the infighting and power struggling amongst leading political heavy weights from the zone.
Jonathan orders implementation of Power Sector Reform
President Goodluck Jonathan has directed the Ministry of Power to commence full implementation of the Power Sector Reform Act to create room for private sector participation and efficient service delivery to Nigerians.
$43m scam: Reps protest alleged plot to kill report
The House of Representatives Committee on Public Procurement is apprehensive that a damning report by its committee against Total Upstream Nigeria Limited, TUPNI, which was laid on the floor of the House on 17 December 2009 is singled out for the trash can.
Capital votes: Bankole, aide receive death threat
The Chief Press Secretary to the Speaker, Mr. Idowu Bakare, in a statement yesterday said, “the alleged face off in the House of Representatives between a few members and the leadership took a dangerous dimension, weekend, as the lives of the Speaker, Rt.Hon. Dimeji Bankole and that of one of his aide was threatened by some unknown person.
