Job losses loom as N3.9trn debt may cripple 22 firms
A wide disparity in the ability of companies listed on the Nigerian Exchange Limited, NGX, to cover their debt obligations with cash has emerged, with some companies holding several times more cash than debt, while others have cash covering only a fraction of their outstanding borrowings.
Pastor in alleged rape of 12yr-old girl gets bail
After seven months in detention over allegation of defiling a 12-year-old primary six pupil; Mathew Onakoya, 32, was on Friday granted bail by an Ojo Magistrates’ Court in Lagos.
Jubilation as ESUT VC regains freedom
THE Vice Chancellor of Enugu State University of Science and Technology, ESUT, Professor Cyprian Onyeji who was abducted by unknown gunmen last Wednesday, regained his freedom Thursday night.
Child kidnapper arrested
An alleged female child kidnapper was arrested, Friday, at Ayawanle area, Alimosho Local Government Area of Lagos state.
3 friends found dead in Emir son’s house
Tragedy struck in the Ringim Local government Area of Jigawa on Friday when three friends were found dead in a room
Mysterious hand causes stir at Church crusade
THE sudden appearance of a mysterious hand during a crusade organized at the headquarters of the Glorious Assemblies Ministries popularly known as Christ Endtime Military Academy, Calabar, Cross River State is now a subject of discussion among residents of the city.
