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Daily Archives: August 10, 2018

Nigerians decry circulation of mutilated naira notes

Some Nigerians have decried the widespread circulation of mutilated naira notes in the country and called on the Central Bank of Nigeria (CBN) to reverse the trend and ensure better management of the nation’s currencies. In interviews with the News Agency of Nigeria (NAN) on Thursday in Lagos, they noted that several cases of misunderstandings had occurred among citizens while ... Read More »

Giwa, Ikpeme hail Falconets, charge team to pick last group ticket

Chris Giwa, a factional President of Nigeria Football Federation on Thursday lauded the Falconets for their gallantry in winning their second group game at the FIFA U-20 Women World Cup. The News Agency of Nigeria reports that National U-20 team defeated Haiti 1-0 in their second Group D match of the ongoing FIFA U–20 Women’s World Cup in France. Giwa said that he ... Read More »

How vote buying can be discouraged – INEC

INEC Resident Electoral Commissioner, REC, for Kogi State, Prof. James Apam on Thursday said in order to discourage vote buying, voters in the country should turn out en masse to cast their ballot. Apam made the call at a ‘Stakeholders Consultative Meeting on Vote-Buying/Selling and Election Violence’ in Lokoja ahead of Saturday’s bye-election in Kogi-Koton-Karfe/Lokoja Federal Constituency. While explaining the ... Read More »

Govt’s revenue dwindles as Customs abandon N20bn worth of cars

As against the earlier promise by the Comptroller General of the Nigeria Customs Service (NCS), Col Hameed Ali on assumption of duty as head of the service to increase federal governments revenue by auctioning seized and abandoned cars, vehicles worth over N20 billion are currently rotting away at various ports and warehouses of the service, investigation has revealed. Aside the ... Read More »

10 killed in botched bank robberies – Police

Armed robbers killed at least 10 people, including a policeman, when they raided a police station and two banks in Edo State, police said Friday. The incident, which took place on Thursday in Igarra in Edo state, was the latest in a string of such robberies in which the assailants have first attacked a police station to seize weapons before ... Read More »

Daura colluded with politicians to invade NASS — Police report

A report seen on Thursday shows that Lawal Musa Daura, the sacked Director General of the Department of State Services (DSS) “acted a script of some highly placed politicians to achieve selfish political goals hence his unilateral and unlawful decision to invade the National Assembly complex” on Tuesday. This is the outcome of a preliminary investigation by the police to acting President ... Read More »

Bears continue grip as NSE Index slips by 0.18%

Trading activities on the floor of the Nigerian Stock Exchange (NSE) again closed negative yesterday as the two major indicators, the All Share Index and market Capitalisation went down by 0.18 per cent each. The breakdown shows that the All Share Index depreciated by 66.16 basis points or 0.18 per cent to close at 36,232.66 points as against 36,298.82 points ... Read More »

Nigeria’s pension assets hit N8.23trn

Pension Assets under the Contributory Pension Scheme (CPS) have increased from N7.52 trillion in December 2017 to N8.23 trillion in June 2018, Acting Director General of National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, said yesterday Dahir-Umar also explained that the rise was due to new contributions received, interest/ coupon from fixed income securities and net realised/ unrealised gains on equities ... Read More »

2019: Buhari to run unopposed — Reps Deputy Speaker

Barring any unforeseen developments, President Muhammadu Buhari would run for re-election as a consensus candidate of the All Progressives Congress (APC), according to Deputy Speaker, House of Representatives, Sulaimon Lasun Yusuf. Lasun stated this while fielding questions from journalists during a press briefing by the All Progressives Congress (APC) House caucus in Abuja. Lasun also disclosed that the National Assembly ... Read More »

Kidnapping: Gunmen divert 18-seater bus in Rivers

Unknown gunmen have diverted a commercial 18-seater bus along with its passengers into a forest around Omurelu-Elele-Owerri road axis in Rivers State. It was gathered that the 18-seater bus was traveling from Owerri, in Imo State to Port Harcourt, Rivers State when they were ambushed by armed suspected kidnappers around Omurelu-Elele new road. The Commander of the IGP Monitoring Unit ... Read More »