By Lucky Fiakpa LAGOS—Shareholders have expressed mixed reactions over a directive from the Central Bank of Nigeria (CBN), that banks should make full provision for all toxic assets in their books. CBN would also want banks to ensure full disclosure as to which loans are performing and which loans are not performing as well as […]

By Emeka Mamah Kaduna — Nigerian ritualists have re-enacted what was in vogue in Europe in the 18th century when they desecrated the altar of a church located at Kawo, Kaduna North Local Government Area of Kaduna State. Sources at the church, known as Saint Patrick’s Catholic Church said the presiding Priest, Rev. Father Augustine […]

By Ise-Oluwa Ige ABUJA—A Federal High Court sitting in Maitama, Abuja,  has granted the Chairman of the Police Equipment Foundation (PEF), Chief Kenny Martins, the permission to travel abroad for medical check-up. The leave granted by the Administrative Judge of the Abuja Federal High Court, Justice Adamu Bello, followed an application argued by Martin’s counsel, […]

By  Tony Edike ENUGU—GOVERNOR Sullivan Chime of Enugu State, weekend, described as false, the news report that he deliberately avoided officials of Nigeria Labour Congress (NLC), who staged a rally in Enugu on Friday. In a statement by the state Commissioner for Information and culture, Mr. Chuks Ugwoke, the government said, “our attention has been […]

Board of Trustees meeting of the ruling Peoples Democratic Party PDP, which met Saturday right in Aso Rock is disturbed over the fortunes of the party come 2011 general elections with the way some of its elected members have lost their positions.