Jos — The Federal Government has approved N400 million for the rehabilitation of some barracks across the country in the 2009 budget. Chairman, Presidential Committee on Barracks Rehabilitation (PCBR), Alhaji Sani Gidado, disclosed this while on an inspection of Maxwell Khobe Barracks, 3 Armoured Division, Jos yesterday. Gidado said the committee had some money from […]

By Omoh Gabriel, Business Editor LAGOS — THE Central Bank (CBN) on Friday instructed banks in the country to limit loans to the public sector to 10 per cent of their overall credit portfolios, an apparent effort to divert more funds to the private sector. In a circular to banks, the  CBN said where the […]

By Emma Arubi WARRI—Ijaw militants in the creeks weekend hijacked a speedboat conveying about twenty Itsekiri passengers from Escravos to Warri. The incident which took place around the Burutu river is said to be causing ripples between both ethnic groups that have been enjoying cordial relationship since the end of the seven years Warri crisis […]

By Henry Umoru …tasks N-Delta indigenes on vigilance ABUJA—THE National Chairman of the Peoples Democratic Party (PDP), Prince Vincent Ogbulafor yesterday urged other militant groups that were yet to announce a ceasefire to lay down their arms and reciprocate the gesture of the Federal government.

By Peter Duru MAKURDI — Youths in Benue State have protested the intended ban on the sale and consumption of locally brewed gin popularly called ogogoro in the state, describing the action as unnecessary and unpopular. The youths who initially registered their protested during the public hearing of the Benue State House of Assembly Committee […]