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Bad loans in banks soared above limit

Bad loans in Nigeria’s banking system soared to more than double the limit set by the regulator as the industry struggles with an economic downturn.

UNILORIN tops students’ choice

The University of Ilorin in Kwara State has emerged the 2016 most preferred institution by candidates going by current analysis. It emerged as the foremost citadel of learning as analysed among 16 others by the Economic Confidential.

I shared Shema’s N680m: ADC Koko

Mr Shehu Koko, the Aide-de-camp (ADC) to former governor of Katsina State, Ibrahim Shema, on Tuesday, explained to the Judicial Commission of Inquiry how he disbursed N680.2 million to security chiefs in the state during the 2015 general elections.

Yahoo gives FBI access to emails

Internet technology giant Yahoo reportedly built a custom software program last year to scan all users’ incoming emails so as to comply with a classified order from U.S. intelligence.

3,100 Europe bound migrants drown

Thousands of migrants keep swamping Italy, with 142,000 arrivals estimated since the beginning of this year. However, an estimated 3,100 people have perished in the Mediterranean Sea during the same period. In the latest of the migrant surge, about 4,655 migrants were saved on Tuesday and 28 bodies recovered in more than 30 rescue missions off the Libyan coast, Italy’s coast guard said on Wednesday.

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