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2014 accounts: 17 insurance firms to pay daily fine

2014 accounts: 17 insurance firms to pay daily fine

Seventeen insurance companies are to face sanctions by the insurance industry regulator, the National Insurance Commission (NAICOM) for failure to meet the June 30 deadline for submission of their 2014 accounts.

Effect positive change in National Theatre – Ali -Balogun

Effect positive change in National Theatre – Ali -Balogun

“Why can’t the federal government do a thorough positive transformation change of national theatre like it happened in other areas like Freedom Park, Lagos, rather, people come, collect subvention without any tangible results. If urgent steps should be taken to rectify things, the institution will bring in international patronage and reposition the place to its original status.”

Buhari: So far, so …

Buhari: So far, so …

“No mind them. They think they are still in the opposition. They have the power now, we want to see their campaign promises being fulfilled,” said Rita. “Please cut the man some slack. To be honest, President Buhari has tried considering the rot he met on ground,” said Ade. “Oh really? Tried you say? In real life or in your dreams? All I have seen in the past 30 days are complaints, rash decisions which the media persons are left to deny. It’s been a one man show.

N8bn CBN fraud: EFCC expresses concern over bias allegation against judge

N8bn CBN fraud: EFCC expresses concern over bias allegation against judge

Ibadan —It was a hot legal tussle yesterday at the Federal High Court, Ibadan division during the on-going trial of some staff of the Central Bank of Nigeria and others over alleged stealing of N8 billion mutilated currency notes as the Prosecution, Mr. Rotimi Jacobs (SAN) expressed concern over delay and allegations of bias which some defence counsel made against the trial judge, Justice Ayo Nathaniel Emmanuel saying the moves were meant to scuttle the trial.

Return of violent crimes in Lagos?

Return of violent crimes in Lagos?

First, was the bank robbery operation at the high brow Lekki area, penultimate Thursday. Commercial activities went on at usual, with workers looking forward to retiring home in the evening , when all of a sudden, some fierce looking gunmen, said to have come in through the lagoon, into an empty but fenced land beside a shopping complex which borders two second generation banks , by the Lekki round about , end of the bridge, came visiting.

Resolving the leadership crisis: A case for social mobility

Resolving the leadership crisis: A case for social mobility

By Tabia Princewill Nigeria is currently in a catch 22 situation: It is difficult to create something new from something old yet for the new to emerge and give birth to more of its kind, the old would have to agree or allow this process in the first place. The leopards attempting to “change” their […]

Ikorodu robbery: Ambode summons Security Council meeting

Ikorodu robbery: Ambode summons Security Council meeting

lagos—Some 24 hours after four of the 18 robbers that terrorised two banks in Ipakodo area of Ikorodu, a Lagos suburb were paraded, Lagos State Governor, Mr Akinwunmi Ambode yesterday, presided over the State Security Council meeting with an assurance that progress is being made to round up the remaining members of the robbery gang still on the run.

Kidnappers abandon hostage as police storm den

Kidnappers abandon hostage as police storm den

ASABA—KIDNAPPERS took to their heels, abandoning their victim, a 13-year-old girl, Mordi Ogor, abducted on June 26, when police operatives from Ogwashi-Uku Police Division, Delta State stormed their den at Ubuluku community in the state.

Bailout: How much was shared? Between Presidency and AGF, who is right?

Bailout: How much was shared? Between Presidency and AGF, who is right?

LAGOS — Nigerians woke up, yesterday, with the cheering news that the Federal Government has arranged a bailout for states to enable them pay salaries of workers. It was cheering because the President had earlier told states to find ways of resolving their financial crisis.

Tailor jailed  6 years for drug trafficking

Tailor jailed 6 years for drug trafficking

Lagos—A 38-year-old tailor, Kehinde Ogunmola, was yesterday sentenced to six years imprisonment for trafficking in illicit drugs by Justice Musa Kurya of a Federal High Court, in Lagos.

Boko Haram attack on worship places wicked, barbaric —PFN

Boko Haram attack on worship places wicked, barbaric —PFN

BENIN—THE Pentecostal Fellowship of Nigeria, PFN, yesterday, described as wicked and barbaric the continuous onslaught on churches and mosques perpetrated by the Boko Haram sect, saying that hell fire was the portion of the perpetrators.

3 in Police net for raping 16-year-old girl in Lagos

3 in Police net for raping 16-year-old girl in Lagos

LAGOS—Three young men are currently cooling their heels in one of the dreaded cells of the State criminal Investigation Department, SCID, Panti, Yaba, for allegedly gang-raping a 16-year-old girl (names withheld) at Orile area of Lagos while on her way from school.