ELDERS and political leaders from Edo South senatorial district of Edo State, weekend, announced plans to forward the problems of Bini Kingdom, to President Muhammadu Buhari, through the state governor, Mr. Adams Oshiomhole.

MEMBERS of Edo State House of Assembly, weekend, gave reasons why the House passed a vote of confidence on the Speaker of the House, Mr Victor Edoror, saying that after investigations the House found out that the Speaker was not involved in the alleged N36 million scam as claimed.

Nsukka—Irate youths of Umabor community in Nsukka Local Government Area of Enugu State weekend invaded Nigeria police division in the area, smashing police vehicles over alleged indiscriminate arrests and detention of youths by officers and men of the division.

Vice President, Professor, Yemi Osinbajo, weekend, insisted that the worst problem plaguing people of the South-East geopolitical zone, was the failed road networks, saying the situation required urgent Federal Government attention.

Nsukka—Irate youths of Umabor community in Nsukka Local Government Area of Enugu State weekend invaded Nigeria police division in the area, smashing police vehicles over alleged indiscriminate arrests and detention of youths by officers and men of the division.

ILORIN—The University of Ilorin community, has been thrown into mourning after a 200 level student of the institution, Onikenku Michael Atunde, who was said to have gone for swimming in the university since last Saturday, was yet to return to the hostel.

Cadbury Nigeria has moved out of a net loss of N250.7 million in the second quarter into a profit level that keeps it on the edge of slipping off again. The beverage manufacturing company suffered a big profit slash last year and this year another major profit drop is keeping it swinging between profit and loss. The company returned to profit in 2010 after many years of sustained losses. It seems to have run out of the operating steam again that empowered its turnaround five years ago.

Profit before tax rose to N13.17 billion as against N11.89 billion recorded in comparable period of 2014 while profit after tax increased from N11.79 billion to N13.08 billion. Other highlights of the results showed that net operating income was up two per cent to N55.5 billion from N54.5 billion in Q3 2014. Total expenses were down by two per cent to N42.3 billion from N43.1 billion in the corresponding period in 2014.

A survey conducted by Nigeria’s online vehicle marketplace, Carmudi.com has shown that Nigeria is the most expensive country to buy a car when compared to its neighbouring West African countries. The study which focused on the used car model manufactured between 2008 and 2013 provided insights into the price difference across some of the surveyed countries in West Africa.

Kudos to the author of this article as it really makes sense to someone like me that lived in the United States for almost three decades. Providing credit facilities will certainly discourage corruption to a large extent and stimulate the economy. However, the practical approach for actualising this strategy is still missing as banks have no way to track borrowers. The BVN that is ongoing may help in that direction, including the National ID that some selfish Nigerians have been suppressing for political reasons up till now.