NDIC, EFCC to enhance prosecution of bank failure offences

NDIC, EFCC to enhance prosecution of bank failure offences

By Babajide Komolafe The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have agreed to strengthen collaboration to enhance the investigation and prosecution of offences that lead to bank failures, while also improving the recovery of assets and debts of failed banks. This formed the focus of a courtesy visit by […]
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Unemployed Nigerians take sachet alcohol ban protest to NAFDAC

Unemployed Nigerians take sachet alcohol ban protest to NAFDAC

What began as a regulatory debate over public health spilled into the street as unemployed Nigerians converged on the headquarters of the National Agency for Food and Drug Administration and Control (NAFDAC), warning that a proposed enforcement against sachet alcoholic beverages could deepen job losses and economic distress.

FCT Workers’ Strike: We’re open to reasonable dialogue, blackmail won’t move us – Wike

FCT Workers’ Strike: We’re open to reasonable dialogue, blackmail won’t move us – Wike

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has declared that the administration is open for reasonable dialogue with the striking workers. The Minister stated this while addressing journalists in Abuja Nigeria’s Capital after Court ruling that order the workers to resume work. Wike insisted that the administration had substantially met workers’ […]

Customs, NDLEA intercept 347.5 kg of Canadian loud smuggling attempt at Lagos Port

Customs, NDLEA intercept 347.5 kg of Canadian loud smuggling attempt at Lagos Port

By Godwin Oritse Operatives of the Nigeria Customs Service, Apapa Port Command, in a joint operation with the NDLEA, have foiled an attempt to smuggle 347.5 kilograms of Canadian Loud hidden in an imported Toyota Sienna vehicle. According to a statement by Isah Sulaiman,Chief Superintendent of Customs and Public Relations Officer of the command, the […]

84-year-old man rescued from 140-ft well in Lagos

84-year-old man rescued from 140-ft well in Lagos

By Beulah Odijie & Akande Michael LAGOS—An 84-year-old man was rescued from a 140-feet deep well at 35A, Fadeyemi Street, Pipeline area of Aboru, Agbado Oke-Odo Local Council Development Area, Lagos State, yesterday. Preliminary findings by the Lagos State Fire and Rescue Service, which effected the rescue, indicated a suspected case of attempted suicide. Comptroller […]

Lagos taskforce busts syndicate selling stickers to shield drivers from arrest

Lagos taskforce busts syndicate selling stickers to shield drivers from arrest

By Precious Enaike, Florencemary Nwabueze & Akande Michael LAGOS—The Lagos State Task Force has arrested a woman, Alimat Idowu, popularly known as Asabi Alagbo, for alleged production and sale of stickers to commercial and unpainted vehicle drivers popularly called kabukabu. The stickers were purportedly used to evade arrest and sanctions for traffic violations in Lagos. […]

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