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Update: Prof,2 children,others abducted as gunmen invade UniAbuja

By Joseph Erunke ABUJA–A professor of Economic in the University of Abuja,his two children are among unspecified number of persons reportedly abducted in the early hours of Tuesday by gunmen. The lecturer,whose name was given as Prof. Joseph Obansa,was taken away among others when the gunmen reportedly invaded the institution’s staff quarters,located at Giri,in Gwagwalada,about […]

Just In:Bandits Strike at UNI-ABUJA, Kidnap 4 Staff members, 2 children

By: Kingsley Omonobi – Abuja Following the Tuesday early hours attack of the Staff Quarters on the University of Abuja and abduction of four staff members  and some children,  the Commissioner of Police FCT has ordered Police beef up of the university. The suspected bandits had at about 1 am on Tuesday attacked the staff […]

Nigerian banks closed 234 branches, 649 ATMs, IMF report

·    Records decline in SDG financial access score By Babajide Komolafe The International Monetary Fund, IMF, yesterday, said that Nigeria’s banks closed 234 branches and 649 Automated Teller Machines, ATMs, in 2020 leading to a decline in the country’s Financial Access Score (FAS) to 4.44 in the year against 4.78 in 2019. The IMF […]

Fuel shortage looms as depot owners top price by N9 per litre

By Udeme Akpan,  Obas Esiedesa & Prince Okafor THERE are indications that petrol shortage might emerge as the Private Depots have increased the price of Premium Motor Spirit (PMS) or petrol price to N157 per litre, from N148/litre in different parts of the nation. Investigation by Vanguard, yesterday, showed that the development has discouraged many […]

AU enjoins Ecobank, AfDB, AFREXIM to close Africa’s trade deficit gap

As Ecobank opens Pan African Centre By Elizabeth Adegbesan The Chairperson of the African Union Commission, Moussa Faki Mahamat, has enjoined Ecobank, African Development Bank (AfDB) and African Export Import (Afrexim) Bank to come up with innovative mechanisms to contribute in closing Africa’s wide trade finance gap. Moussa disclosed this at the grand opening of […]

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