Police nab 2 kidnappers, rescue female victim in Aba ….Also in Umuahia
The Eziama Police Division, Aba, Abia State has arrested two kidnappers and rescued a victim, identified as Miss Rachael, in the city.
Miss Rachael, who lives in Port Harcourt Rivers State, was allegedly kidnapped by the two suspects; Chinonso Samuel and John Kingsley, who hails from Amaiyi Nvosi community in Isiala Ngwa South local government of Abia State.
Fidelity Bank’s listing of N30bn bonds to boost liquidity
The listing of Fidelity Bank’s N30 billion corporate bonds on the Nigerian Stock Exchange, NSE, is expected to boost liquidity in the Nigerian capital market.
Cashew nut export contributes N50bn to economy – NCAN
The price of raw cashew nut per metric ton also recorded an increase, selling at N170, 000 during the 2015 season. The spokesman said that with the increase, farmers were ready to comply with high degree quality control procedure. “With the increased pricing that farmers recorded during the 2015 season, they are right now more ready to comply with high degree quality control procedure.
Indonesian plane crashes with 54 on board
The wreckage of a passenger plane which went missing with 54 people aboard in rugged eastern Indonesia yesterday has been found by villagers, an official said, with rescuers expected to head to the crash site.
Ambode approves Treasury Single Account effective Sept 1
LAGOS— In an effort to efficiently improve on the processes of revenue generation and collection in the state and ensure proper accountability and transparency in all government accrued revenues, Governor Akinwunmi Ambode of Lagos State has approved the operation of a single account in the state effective September 1, 2015.
Investment Houses unsettled by inflation report
By Emeka Anaeto, Economy Editor Last week’s inflation report by the National Bureau of Statistics (NBS) appeared to have unsettled several investment houses giving the impression that the rate should have been higher than what was reported. NBS monthly inflation report had shown that the seven month steady rise in headline inflation, measured by the […]
How APC allegedly rigged Ogun guber polls – Witnesses
Some witnesses of the Ogun State Peoples Democratic Party, PDP, at the Governorship Electoral Petition Tribunal sitting in Abeokuta have revealed how the April 11, election was allegedly rigged and manipulated to give victory to Governor Ibikunle Amosun of the All Progressive Congress, APC.
AYOMIKE TO UGBORODO INDIGENES: No more offensive comments on EPZ
ELDER statesman and chairman, Itsekiri Leaders of Thought, ILoT, Warri, Delta State, Pa J.O. Ayomike, weekend, counseled natives of Ugborodo community, Warri South-West Local Government Area, Delta State, to refrain from making unguarded comments concerning the $16 billion Export Processing Zone, EPZ project in Ogidigben, Ugborodo.
Unremitted PAYE taxes: Defunct PHCN owes 8 States N6.5bn
Eight states of the federation are said to be threatening to drag the Nigeria Electricity Liability Management Limited to court over N6.5billion unremitted Pay-As-You-Earn, PAYE, and Withholding Tax being taxes it deducted from salaries of disengaged staff of the defunct Power Holden Company of Nigeria, PHCN, but failed to remit to the states.
NEITI to help FG recover $7bn from oil companies
The Nigerian Extractive Industries Transparency Initiative, NEITI, yesterday, promised to assist Federal Government recover the over $7 billion owed the country by oil and gas companies.
NSE All Share Index, capitalisation drop by 2.34%
The Nigerian Stock Exchange, NSE All-Share Index and market capitalization depreciated last week by 2.34 per cent to close on Friday at 30,705.62 and N10.524 trillion respectively. Similarly, all the indices finished lower during the week under review with the exception of the NSE Industrial Goods index that chalked up 0.11 per cent higher.
