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EFCC harassment: Banks suspend cross border transactions on ATM cards

EFCC harassment: Banks suspend cross border transactions on ATM cards

Banks may have decided to suspend international transactions on Naira and Dollar denominated ATM cards in protest of harassment of staff by the Economic and Financial Crimes Commission (EFCC). Indications to this emerged last week, when a bank announced a temporary shutdown of Mastercard International transactions.

How states contribute to high cost of mortgage

How states contribute to high cost of mortgage

The high cost of obtaining mortgages in Nigeria has been attributed majorly to the cumbersome procedures and cost of obtaining Certificate of Occupancy from State governments. Managing Director of Infinity Trust Mortgage Bank Plc, Mr Olabanjo Obaleye, disclosed this in an interview with Vanguard at the bank’s 10th Annual General Meeting (AGM) in Abuja.

Hoping for a better second year

Hoping for a better second year

The election of a former head of state as president in 2015 made Nigerians very optimistic that effective governance would start immediately after President Muhammadu Buhari was sworn-in. This expectation was heightened by the fact Buhari had also contested for the presidency three previous times.

The Buhari anniversary: We’ve never suffered like this before  – Babatope

The Buhari anniversary: We’ve never suffered like this before – Babatope

Buruji should learn to respect age Chief Ebenezer Babatope came to national renown as one of the closest disciples of the late sage, Chief Obafemi Awolowo, in the Second Republic when he served as Director of Organisation of  defunct Unity Party of Nigeria, UPN. He eventually served as Minister of Transport in the Sanni Abacha […]

INEC declares Nasarawa/Toto bye-election inconclusive

INEC declares Nasarawa/Toto bye-election inconclusive

The Independent National Electoral Commission INEC, yesterday declared the just concluded Nasarawa/Toto Federal Constituency bye-election inconclusive due to cancellation of votes as a result of over-voting.

Soldier, mother, child, 2 others killed as tricycle explodes in Biu

Soldier, mother, child, 2 others killed as tricycle explodes in Biu

The Nigerian Army yesterday said a soldier and four other persons including a mother and child were killed in Biu, Borno State when a tricycle (‘Keke Napep’) accidentally climbed a Improvised Explosive Device, IED, planted along Damboa road, close to a military checkpoint and exploded.

Delta APC faction urges release of c’ttee’s report

Delta APC faction urges release of c’ttee’s report

A faction of Delta State All Progressive Congress, APC, led by Chief Joseph Okotie-Eboh, yesterday, called on the Oji Ngofa’s led Delta APC Fact Finding Committee and Reconciliation Panel to release its report on its findings over the Delta APC led Prophet Jones Erue and Chief Okotie-Ebor factions.

Ganduje suspends road works, school projects over lack of funds

Ganduje suspends road works, school projects over lack of funds

Governor Abdullahi Ganduje has suspended the five kilometres road initiated by his predecessor, Rabiu Kwankwaso across the 44 local government areas of the state.
Similarly, the state government has also suspended the joint project on technical schools across the state, due to paucity of funds.

Oyo staff verification not for retrenchment purposes  — Ajimobi

Oyo staff verification not for retrenchment purposes — Ajimobi

AS the country marked her democracy day yesterday, Governor Abiola Ajimobi of Oyo State allayed the fears of thousands of workers in the state that the ongoing staff verification exercise in the public service was not a ploy to retrench nor an attempt to witch-hunt them.