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One loses wrist in Burutu cult clash

One loses wrist in Burutu cult clash

BOMADI—THE right hand of a suspected cult member was, yesterday, chopped off, following a clash between two rival cult gangs at Tuomo community, Burutu Local Government Area of Delta State.

CBN not boosting confidence in  MfBs – Whensu

CBN not boosting confidence in MfBs – Whensu

The industry is still very young; some have foreign body assisting them in terms of funding. This business needs funding. N2 billion to N20 billion is quite a huge difference and the kind of business that an association can do with N2 billion, N20 million cannot do it. Size also matters in this business. If you also observe, the big names that control 40 percent of industry total assets also have foreign partners behind them, so to access funding is very easy.

One shot as gunmen invade eatery, estate

One shot as gunmen invade eatery, estate

LAGOS—THERE was confusion when four gunmen, operating on two motorcycles, stormed, Chunkies, an eatery located within the premises of a filling station at On-George Bus Stop, Ikotun-Egbeda Road, Egbe-Idimu Local Council Development Area, where a customer was shot.

MTEF and the 7% target for 2020

MTEF and the 7% target for 2020

The year 2000 was once the magic year when Nigeria was projected to reach most of her developmental goals, but as we have seen, this did not happen. The President Olusegun Obasanjo regime signed the Millennium Development Goals, MDG, but Nigeria failed to meet the targets by its 2015 deadline.

Quit notice: Nigerians can live anywhere — Buhari

Quit notice: Nigerians can live anywhere — Buhari

PRESIDENT Muhammad Buhari has warned that the unity of Nigeria has been a concluded issue as it has become non negotiable and that Nigerians have the right to live in any parts of the country to carry out their legitimate duties without any form of molestation.

Bearish sentiment to persist as profit taking ensues

Bearish sentiment to persist as profit taking ensues

HAVING closed the week on a downward note, investment analysts have said that the equities market will continue in the same mode this week due to lack of positive information to spur another bullish run.

External reserve sets to hit 30-month high of $32bn

External reserve sets to hit 30-month high of $32bn

NIGERIA’s external reserve is set to hit a 30-month high of $32 billion by the end of this month.Data from the Central Bank of Nigeria (CBN) showed that the external reserve rose to $31.55 billion on August 16, from $30.84 billion on July 31, representing increase of $710 million in 16 days. This trend is expected to persist in the second half of August driving up the reserve to the $32 billion mark.