Oyegun blames security operatives for spate of bombings
POINEER Governor of Edo State, Chief John Odigie-Oyegun, has described the bombing of the “Mammy” market in Mogadishu Barracks Abuja, on New Year eve as very worrisome, saying it was apparent that the security systems in the country had broken down.
AMCON acquires N1.036tr bad debts of 21 banks
Two months after it commenced operations the Asset Management Company of Nigeria (AMCON) has acquired N1.036 trillion bad debts of 21 banks.
Two-speed global recovery to extend into 2011, says IMF
The two-speed global economic recovery of 2010 is likely to persist in 2011, with weak growth in advanced economies barely enough to bring down unemployment and emerging markets facing the challenges of success, including how to avoid overheating and handle strong capital inflows, the IMF’s Chief Economist, Olivier Blanchard, said.
Pakistan’s Railcop expresses interest in Nigeria’s railway system
Railway Constructions Pakistan Limited (RAILCOP) has expressed its interest to revamp the Nigeria Railway system if given the opportunity by the Nigerian government.
CBN places restriction on official foreign exchange
Central Bank of Nigeria has restricted banks from selling foreign exchange purchased from the official market, in the interbank market, to bureaux de change and hotels.
Bomb Scare: Israel Shuts Borders Against 1,000 Nigerian Pilgrims
IT was a bad New Year Day for some over 1,000 Nigerian pilgrims performing the 2010 pilgrimage to the holy land in Israel as the Israeli authority on Saturday shut its border against those entering the country from Egypt over a bomb scare which turned to be a false alarm.
59 yrs old widow excretes 99 wraps of heroin
PORT HARCOURT: NIGERIAN Drug Law Enforcement Agency, NDLEA has paraded a 59-year-old woman, Mrs Fati Akande who allegedly excreted 99 wraps of substance suspected to be heroin in Port Harcourt after she was arrested at the Port Harcourt international airport on her way to the United States of America as her final destination.
Ohakim promises N1m for information on kidnappers, armed robbers
Imo State Government has promised to give N1 million to anybody who gives the police credible information that will lead to the arrest of kidnapers, armed robbers and perpetrators of serious crimes in the state.
Zoning: Court refuses to hands-off suit against Jonathan, PDP
Justice Ishaq Bello of an Abuja High Court sitting in Maitama, yesterday, refused to stay further hearing on the suit seeking to stop President Goodluck Jonathan from vying for presidency on the platform of the Peoples Democratic Party, PDP
Bombings a new dimension to Nigeria’s troubles – Buhari
Presidential aspirant, Major General Muhammadu Buhari, yesterday, said the bombings in Abuja and Niger Delta have added a new dimension to Nigeria’s troubles.
Abuja blast: No clue yet – Defence minister
Defence Minister, Prince Adetokunbo Kayode, yesterday, vowed that the Federal Government will not spare any effort to arrest the perpetrators of the deadly bomb explosion that occurred on new year’s eve at the Mammy Market of the Mogadishu Cantonment, Abuja.
