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N838m loan: Bank files winding-up petition against firm

N838m loan: Bank files winding-up petition against firm

First Bank of Nigeria Limited has filed a winding-up petition against a limited liability company, Omatek Computers Limited, which deals in computer accessory, seeking to recover a loan of N838,337,562.69, granted the firm.

Ukori flays bombing of oil facilities in Gbaramatu

Ukori flays bombing of oil facilities in Gbaramatu

Secretary of Egbema and Gbaramatu Communities Development Foundation, Mr. Jude Ukori, has called on those involved in recent bombings of oil facilities owned by Chevron Nigeria Limited in Warri South-West Local Government Area of Delta State to stop further attacks.

Niger Delta Avengers: Otuaro, commissioners relocate  to creeks

Niger Delta Avengers: Otuaro, commissioners relocate to creeks

OLLOWING the renewed attacks on oil installations in the Niger Delta by a new militant group, Niger Delta Avengers, the Deputy Governor of Delta State, Mr. Kingsley Otuaro, who is the head of a high-powered Advocacy Committee set up by Governor Ifeanyi Okowa to halt the on-going attacks on oil installations in the state by militants, will relocate to the creeks from tomorrow.

Nigerian brings industry to classroom

Nigerian brings industry to classroom

“Even if the student fails a course, there is a future for the student as he/she has understood the practical aspect of what he is studying. In fact, this means there is opportunity to re-write the story again.” Chukwunonso who said he is driven by passion to make impact in the lives of Nigerian students said he has done some background work on the benefits of the project and he has also made moves to write to organisations pre-informing them on the project to see how students in schools can understand these industrial practices while they are in school.

Naira Debit Cards: Banks protest EFCC harassment over forex rates

Naira Debit Cards: Banks protest EFCC harassment over forex rates

Banks have protested to the Central Bank of Nigeria (CBN) the harassment of their staff by the Economic and Financial Crimes Commission (EFCC) over foreign exchange rates charged for cross border transactions on Naira Debit Cards (NDC). Cross border transactions are payment for goods and services or cash withdrawal through ATM outside the country through debit cards linked to naira account in Nigeria.

NANS urges Buhari to probe N2.9bn Olympic fund

NANS urges Buhari to probe N2.9bn Olympic fund

As Nigerian athletes continue to complain over poor preparations ahead of the Rio 2016 Olympic Games, the National Association of Nigerian Students (NANS), has urged President Muhammadu Buhari to probe how the N2.9 billion he released to the defunct National Sports Commission (NSC) for the preparations for the Games was spent.

25-year-old burglar lynched in Delta

25-year-old burglar lynched in Delta

A 25-year-old suspected burglar was, yesterday, lynched by angry mob at Ozoro, headquarters of Isoko North Local Government Area, Delta State.

PMS price hike:  FG, Labour meet today to avert strike

PMS price hike: FG, Labour meet today to avert strike

IN a desperate move to avert a nationwide strike by organised labour and its civil society allies over the N145 per litre new pump price of petrol, the Federal Government has invited labour leaders in the country for a meeting today.

Fuel hike: Buhari must apologise

Fuel hike: Buhari must apologise

PRESIDENT Muhammadu Buhari owes us apologies for the latest hike from N86.50k to N145 of the official pump price for Premium Motor Spirit (PMS) announced on Thursday last week by his Deputy Minister of Petroleum, Dr. Emmanuel Kachikwu.