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CBN lends banks N27.6tr in six months
Banks borrowed N27.46 trillion from the Central Bank of Nigeria (CBN) in six months, according to the apex bank’s half year report on financial sector performances released yesterday. The 2017 half-year Financial Markets Activity…
UBA London subsidiary gets regulatory approval
United Bank for Africa (UBA Plc) yesterday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval licence was granted to the lender by the…
Zuckerberg will not appear before British lawmakers – Facebook
Mark Zuckerberg, Facebook boss and founder, will not appear before British lawmakers to answer questions on how millions of users’ data got into the hands of political consultancy Cambridge Analytica, the company has said.Facebook on…
How U.S. swindles Nigerians in visa application fees
• Makes N19b in one year, excess gain hits N4.5 billion• Official says consulate uses market-based exchange rateThough the Federal Government pegged the exchange rate at N305.25 to a dollar, the American Consulate in Nigeria exchanged…
McCain to release ‘no-holds-barred’ verdict on Trump
Veteran US Senator John McCain is to deliver a “no-holds-barred” verdict on his fellow Republican Donald Trump’s presidency in a new book of memoirs, his publishers announced Monday.Despite being in the same party as the president,…
Sagay calls for adoption of Jury system in Nigeria
The Chairman of Presidential Advisory Committee Against Corruption, Itse Sagay, has called on Nigeria to adopt the jury system in its criminal justice administration, because some judges cannot be relied upon to uphold the integrity of…
I would have slapped Lolu when I saw him – Anto
…As highly emotional Anto breaks down during diary session Anto found it hard to keep it together in the diary room while conversing with Big Brother this evening. Earlier on, Lolu was trying to defend himself and clear issues…
Serbia thrash Nigeria 2-0 in World Cup warm-up
The Super Eagles of Nigeria were on Tuesday beaten 2-0 by Serbia at Hive Stadium in London in a 2018 FIFA World Cup warm-up match. Goals from Aleksandar Mitrović, who plies his trade at Newcastle, in the 68th and 81st minutes ensured…
Israel’s Netanyahu hospitalised
Israeli Prime Minister Benjamin Netanyahu was undergoing tests in the Hadassah hospital of Jerusalem on Tuesday after being admitted with a case of “high fever”, his office said. The premier was also suffering from a “cough”, the…
Atiku flags off presidential race
Former Vice-Presiden Atiku Abubakar flagged off the race for the 2019 presidential election in Port Harcourt, Rivers state, on Tuesday. Speaking at an event chaired by Nyesom Wike, governor of Rivers, Abubakar pledged his commitment…
JUST IN: FAAC meeting ends in deadlock over ‘shortage’ in NNPC revenue
The Federation Accounts Allocation Committee (FAAC) meeting ended in deadlock in Abuja on Tuesday. This is as a result of the alleged discrepancy observed in the revenue figures presented by the Nigerian National Petroleum…
Video – Man arrests slay queen who stole his wristwatches worth $2,400
A Nigerian man has arrested two slay queens for stealing from him. They stole wristwatches worth $2,400 each from him. According to him, he had met one of the girls at an ATM point close to his house. They exchanged contact and…
16-year-old girl gets a Range Rover from her Mom as a birthday gift
A beautiful lady has taken to her Twitter account to express her thanks towards her mother after she received a white Range Rover as birthday gift. The beautiful girl identified simply as Destiny on Twitter shared a tweet showing off…
Shari’ah council calls for T.Y. Danjuma’s prosecution over comment
The Supreme Council for Shari’ah in Nigeria has called on the federal government to prosecute a former minister of defence, Theophilus Danjuma, for calling on Nigerians to take arms to defend themselves against killers. Mr. Danjuma…
Man United youngster, Tosin Kehinde, chooses Nigeria over England
Tosin Kehinde, Manchester United youngster, has chosen to play for Nigeria. Kehinde, who is eligible to play for England, met with Gernot Rohr, Super Eagles technical adviser, on Sunday. He met Rohr at the Crowne Plaza hotel in…
Why we apologised to Nigerians – PDP
The Peoples Democratic Party (PDP) has explained that its apology to Nigerians is to renew the people’s trust in its rebranded party. The party in a statement on Tuesday by its spokesperson, Kola Ologbodiyan, said as a responsible party…
Oluwo, Imams at war over Waziri title
The Oluwo of Iwo, Oba Adewale Akanbi and the League of Imams and Alfas in the South-West, Edo and Delta states are at loggerheads over the propriety or otherwise of the monarch to install Yaquob Abdul-Baki Mohammed as the Waziri of the…
Lagos shuts major routes, declares holiday for Buhari’s visit
Ahead of President Muhammadu Buhari’s visit to Lagos, the Commissioner of Police in the state, Imohimi Edgal, on Tuesday said there would be temporary road closure and diversions in some areas. The routes to be closed are Ikeja,…
‘INEC suspends 205 staff over roles in 2015 elections’
The Independent National Electoral Commission ( INEC ) has suspended 205 staff over various unwholesome roles in the 2015 general elections. INEC’s Chairman, Prof. Mahmud Yakubu, disclosed this in his keynote address at national…
Bank CEOs target 60m new customers by 2021
Body of Bank Chief Executive Officers (CEOs) on Tuesday set a three-year target of 60 million new customers for all the lenders. The Chairman of Body of Banks CEOs, Herbert Wigwe, said the target is in line with the Central Bank of…
Tenure elongation: Buhari has saved APC from serious legal turmoil, says Tinubu
Bola Tinubu, a leader of the All Progressives Congress (APC), says President Muhammadu Buhari has saved the ruling party from “serious legal turmoil”. Describing the extension of the tenureof the national working committee (NWC) of…
Son of house of reps member shot dead in UK
Abraham Badru, son of Enitan Badru, a member of the house of representatives, has been shot dead in the UK. Some of his neighbors who spoke with Evening Standard said Badru who had been to church earlier that Sunday was shot around…
APC sets up panel to examine Buhari’s demand, says elongation of Oyegun’s tenure stands
The All Progressives Congress (APC) has set up a committee to advise it on the position of President Muhammadu Buhari that the extension of the tenure of the national working committee (NWC) be cancelled. The decision to extend the…
Easter: FG declares March 30, April 2, public holidays
The Federal Government has declared Friday, March 30 and Monday, April 2, as Public Holidays to mark the Good Friday and Easter Monday. The Minister of Interior, retired Lt.-Gen Abdulrahman Dambazau, made the declaration on Tuesday…