Businesses face costly credit as maximum lending rates reach 46%
By Babajide Komolafe Businesses across key sectors of the economy are grappling with prohibitive borrowing costs as maximum lending rates charged by banks rose to as high as 46 per cent. Vanguard analysis of banks’ deposit and lending rates published by the Central Bank of Nigeria (CBN) show that while prime lending rates largely hovered between […]
PDP Crisis: Ajadi hails court ruling, says party has regained stability
A governorship aspirant of the Peoples Democratic Party (PDP) in Oyo State, Ambassador Olufemi Ajadi Oguntoyinbo, has welcomed the dismissal of a suit filed by Senator Samuel Anyanwu over the position of PDP National Secretary, describing the ruling as a boost to the party’s stability and internal cohesion.
Roomans: Cross-examination of prosecution witnesses ends
By Innocent Anaba Hearing in the case of the disputed estate of late billionaire businessman, Jacques Roomans, pending before Justice Adedayo Oyebanji of the Lagos High Court, moved to its next phase, when the cross-examination of prosecution witnesses came to a close at the end of the year, 2025. A total of 12 witnesses were […]
Lawyer allegedly shoots man dead during masquerade display in Rivers
By Davies Iheamnachor PORT HARCOURT— There was palpable tension in Omoku Town, Ogba/Egbema/Ndoni Local Government Area of Rivers State, as a lawyer allegedly shot a youth leader, Emmanuel Nkemjika, dead during a masquerade display in the area Monday evening at Omoku. It was gathered that the lawyer had picked a gun from his car and […]
Apapa accident: No arrest yet as Police impound tanker
By Efe Onodjae, Mathew Johnson & Precious Enaike The Lagos State Police Command, yesterday, said no arrest had been made after the tanker accident that occurred on Monday during which residents embarked on massive scooping of diesel at the Apapa Liverpool axis of the state. The diesel-laden tanker reportedly fell on top the bridge along […]
Edo govt arrests pastor for allegedly defiling 2 sisters
By Ozioruva Aliu BENIN CITY— THE Edo State government said the Founder of Rollo Life of Christ Brethren Ministry, Bishop Gideon Osazee, has been arrested for allegedly sexually abusing two biological sisters who are minors. They were said to be ages 13 and 17. Besides the two sisters, four other girls have stepped out to […]
