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Banks cut borrowing from CBN by 47%

Banks cut borrowing from CBN by 47%

Banks’ borrowing from the Central Bank of Nigeria, CBN, fell for the second consecutive month in February, by 47 percent to N666 billion, driven by further improvement in the level of liquidity in the interbank system.

ATM CASH AGONY: No cash in 40% of ATMs

ATM CASH AGONY: No cash in 40% of ATMs

•Customers accuse banks of connivance •Why we short-load ATMs – Bank official •BCAN calls for investigation By Elizabeth Adegbesan, Blessing Akinsanmi & Deborah Ariyo Only about 60 percent of banks’ ATMs (Automatic Teller Machines)  dispense cash regularly in the banking Lagos areas, Vanguard MoneyDigest investigations have revealed. While most bank branches visited have average of […]

[International Women’s Day] Photos: Nigerians who’ve championed women’s political, socio-economic empowerment celebrated by Int’l bodies

[International Women’s Day] Photos: Nigerians who’ve championed women’s political, socio-economic empowerment celebrated by Int’l bodies

The inaugural edition of the International Women’s Day/Awards Gala convened in partnership with the British High Commission, the European Union Delegation, the Embassies of France and Germany, the United Nations Development Program (UNDP) and UN Women held on Saturday, March 5, 2022, to recognise women who have contributed immensely to women’s empowerment in Nigeria

Police begin probe as fashion designer goes missing after boarding BRT bus

Police begin probe as fashion designer goes missing after boarding BRT bus

Two suspects have been arrested in connection with the alleged disappearance of Ayanwole Oluwabamise, a 22-year-old lady, who boarded a Bus Rapid Transit (BRT) vehicle on February 26. The Lagos State Police Command’s spokesperson, in a statement, weekend, disclosed this as he said the command has commenced an investigation. It was gathered that the alleged […]

Another trouble looms in APC

Another trouble looms in APC

Less than three weeks to its March 26 national convention, the ruling All Progressives Congress APC may have been enmeshed in another crisis of leadership following attempts by certain stakeholders to orchestrate the convening of a National Executive Committee NEC meeting of the party.

Nigeria, a country with too many sovereigns

Nigeria, a country with too many sovereigns

Colonial rule in Nigeria was conducted through Indirect Rule. It was a system of “native administration” patented in Northern Nigeria, which became the model exported by the British across their colonies.

River basin workers dissociate selves from petition against MD

River basin workers dissociate selves from petition against MD

Workers of the Lower Niger River Basin Development Authority (LNRBDA) in Kwara state have dissociated themselves from a petition said to have been written by the National Union of Agriculture and Allied Employees (NUAAE) against its Managing Director, Dr Adeniyi Saheed Aremu. The workers under the aegis of Association of Senior Civil Servants of Nigeria […]

Abba Kyari: Why we don’t parade suspects — NDLEA

Abba Kyari: Why we don’t parade suspects — NDLEA

The National Drug Law Enforcement Agency (NDLEA) on its Twitter handle has said it has not physically paraded the suspended former Commander of the Intelligence Response Team (IRT) of the Nigeria Police Force, Deputy Commissioner of Police (DCP) Abba Kyari, over drug trafficking allegations because it is not the custom of the agency.

Agriculture employs 70% of Nigeria’s labour force — NEPC

Agriculture employs 70% of Nigeria’s labour force — NEPC

By Peter Duru Makurdi—The Executive Director of Nigerian Export Promotion Council, NEPC, Dr. Ezra Yakusak has said the Nigerian agricultural sector currently employs about 70 per cent of the country’s labour force making it the dominant sector in the economy. He said with over 25.13 per cent contribution to the GDP, the sector is critical […]