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CBN will contribute N50bn to AMCON Sinking Fund – Rep

CBN will contribute N50bn to AMCON Sinking Fund – Rep

Abuja – The Chairman, House of Representatives Committee on Banking and Currency, Rep. Jones Onyereri, said the Central Bank of Nigeria (CBN) would contribute N50 billion to the Assets Management Corporation (AMCON) sinking fund. Onyereri (PDP-Imo) made the announcement at a one-day public hearing on a bill to amend the AMCON Act 2010 organised by the […]

Mall Siege: Attackers will not get away – Kenyan President

Mall Siege: Attackers will not get away – Kenyan President

Kenyan security forces were locked in a fierce, final battle with Somali Islamist gunmen inside an upmarket Nairobi shopping mall on Monday as huge explosions and a barrage of heavy gunfire echoed out of the complex.

A thick cloud of black smoke billowed out from the Westgate mall as Kenyan officials said the 50-hour-long siege — which has seen the gunmen massacre at least 69 people and take dozens more hostage — was close to being resolved.

Boko Haram: Inches away to total victory

Boko Haram: Inches away to total victory

Without doubts, the Nigerian security apparatchik is recording tremendous success in its efforts to root out insurgency in different parts of the country, especially the North East.

The lessons from Ozekhome’s kidnap

The lessons from Ozekhome’s kidnap

Chief Mike Ozekhome (SAN), a fiery Lagos lawyer and human rights activist came out of the kidnappers den with a message for those in authority: “ Grant the kidnappers amnesty”.