Ikorodu robbery: Lagos Assembly focuses waterways security

Ikorodu robbery: Lagos Assembly focuses waterways security

Lagos—Taking a cue from the way dare-devil robbers struck in Ikorodu, a Lagos suburb last week, especially with their use of the waterways as their escape route, the Lagos State House of Assembly yesterday focused on how to tighten security on waterways in the state.
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In Itsekiri land, a new dawn in commercial fishing, courtesy FG

In Itsekiri land, a new dawn in commercial fishing, courtesy FG

When in October last year, the Federal Ministry of Agriculture promised to significantly boost commercial agriculture among Itsekiri communities in Delta State, skeptics had taken it as empty political statement. Last week Tuesday, however, that promise was partly fulfilled in no small measures as the Ministry boosted commercial fishing among Itsekiri communities with provision of fishing boats, nets and other gears to fishermen in the area.

OOU students protest colleagues’ death, block expressway

OOU students protest colleagues’ death, block expressway

Pandemonium broke out, yesterday, when students of Olabisi Onabanjo University, Ago-Iwoye stormed the premises of the company which they believed owned the truck that killed their colleagues, pouncing on the workers and destroying property.

Heavy rainfall sacks homes in Yenagoa

Heavy rainfall sacks homes in Yenagoa

Yenagoa—Rresidents of Bayelsa State were yesterday forced to stay away from their normal haunts as they battled to bail out water from their homes, following last Sunday’s heavy rainfall in Yenagoa and its environs.

Stanbic IBTC grants N159bn loans to energy firms  …Records N31bn NPL, N19.5bn impairments

Stanbic IBTC grants N159bn loans to energy firms …Records N31bn NPL, N19.5bn impairments

Despite its rising non-performing loans portfolio, Stanbic IBTC Bank Plc extended about N158.874 billion loans to energy firms in Nigeria in two years, in 2013 and 2014. This notwithstanding rising concerns by the Central Bank of Nigeria, CBN and other financial analysts, over rising Non-Performing Loans, NPL, in the banks due to their high level of exposure to energy firms.