House Committee, NDIC move to strengthen safety net for depositors

By Cynthia AloFollowing the completion of bank recapitalisation exercise, the Nigeria Deposit Insurance Corporation (NDIC) and the House of Representatives Committee on Insurance and Actuarial Matters have moved to strengthen Nigeria’s financial safety net to ensure prompt protection of depositors in the event of bank failures. The move came as over 60 members of the […]
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2027: Your rainbow coalition will face Rivers voters, Dagogo tells Wike

By Daniel Abia, Port Harcourt Former member of the House of Representatives and African Democratic Congress (ADC) governorship aspirant in Rivers State, Dr. Farah Dagogo, has criticised members of the political bloc known as the Rainbow Coalition, saying their influence would be tested by voters in the 2027 general elections. Dagogo, who spoke during a […]

Ondo APC elders reject Aiyedatiwa’s reconciliation panel, seek direct dialogue

By Dayo Johnson, Akure Elders of the All Progressives Congress (APC) in Ondo State have rejected the reconciliation committee constituted by Governor Lucky Aiyedatiwa, saying direct engagement with aggrieved party stakeholders remains the best way to resolve the crisis within the party. The elders, under the aegis of the PBAT Elders Mandate Forum, told journalists […]

NELFUND disburses N303bn student loans to 850,000 beneficiaries in two years

By Joseph Erunke, Abuja The Nigerian Education Loan Fund (NELFUND) has disbursed more than N303 billion to about 850,000 Nigerian students within two years of operation, marking one of the Federal Government’s major interventions in expanding access to tertiary education. The Managing Director and Chief Executive Officer of NELFUND, Mr. Akintunde Sawyerr, disclosed this on […]

Falana faults Abdulsalami’s claim, insists Abacha looted Nigeria’s treasury

Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has rejected former Head of State, General Abdulsalami Abubakar’s assertion that the late General Sani Abacha did not loot Nigeria’s treasury, describing the claim as an attempt to rewrite history. In a statement titled “Re: Abdulsalami Abubakar: Abacha Never Looted Treasury,” Falana argued that […]

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