In recent times there has been widespread incidence of distress in the microfinance bank industry. A number of microfinance banks have closed shop due to the problem of illiquidity while the customers suffer the pain and agony of not being able to access their deposit. The severity of the distress in the sub-sector became manifest when the prime of the industry, Integrated Microfinance Bank sacked its chief executive and shut its doors to depositors who came for their money.

By Aliyu Dangida Dutse — A former member House of Representatives, represented Birnin-Kudu/Buji Federal Constituency, Alhaji Farouk Adamu Aliyu (ANPP) has said that there is nothing to celebrate on Nigeria’s 49th year of independence. He  faulted the elites and politicians for the woeful failure of the nation. Speaking to newsmen,  weekend, the former anti-third term […]

THE legislative arm of Ethiope East local government area of Delta State has passed a vote of confidence on the council chairman, Mr. Anthony Oboroh.

MASTER Os-ayuki Nosa Adams, youngest son of Edo State’s Publicity Secretary of the Peoples Democratic Party (PDP), Mr. Nosa Adams, who was kidnapped last Monday in front of his school gate, was weekend set free by his abductors.

The Independent National Electoral Commission (INEC), has said it has no intention of stopping Governor Peter Obi of Anambra State from seeking a second term in February when the state’s gubernatorial election holds.