The Central Bank of Nigeria (CBN) is working with the Nigerian Deposit Insurance Corporation (NDIC) to provide insurance cover for users of mobile banking services as a way of mitigating losses that could arise from that such transactions. CBN Assistan...
The Minister of Aviation, Princess Stella Oduah, has disclosed that the ministry was considering reducing the age of domestic aircraft that could be certified to operate within Nigerian air space from an average 22 years to 15 years. The minister, who ...
A total of N75 billion was raised by the Debt Management Office (DMO) through bonds at this week’s auction, just as the Central Bank of Nigeria (CBN) has revealed plans to mop up N154.9 billion from circulation through Treasury Bills. Accor...
The Agric Credit Scheme which was introduced in 1978 to induce banks to channel credit to the agricultural sector has so far guaranteed N55.99bn for 763,514 borrowers as at May 2012. This disclosure was made by Paul Eluhaiwe, Director finance departmen...
Provisions of the new Petroleum Industry Bill (PIB) will strip the Nigerian National Petroleum Corporation (NNPC) of management of the joint ventures, minister of petroleum resources Mrs Diezani Alison-Madueke has said. She stated this yesterday while ...
Women who are nervous about giving birth have far longer labours – taking an extra hour and a half to deliver their baby, say researchers. Nervous women typically take eight hours to give birth, while those who aren’t scared take six and a ...
The Benin monarch, Oba Erediauwa, yesterday broke the silence on the decision of the revered palace to support the candidacy of Comrade Adams Oshiomhole, saying the palace had prayed for the governor’s re-election to enable him to complete the se...
The Delta State Police Command, yesterday, recorded successes when detectives of the command after several hours of gun battle arrested four members of a notorious kidnap gang in Asaba and also killed two robbery suspects. Mr. Charles Muka,...
President Goodluck Jonathan yesterday forwarded the final draft copy of the long-awaited Petroleum Industry Bill (PIB) to the National Assembly for onward passage into law. This ends the anxiety generated by the document, following an alarm raised by t...
In this report, LEADERSHIP’s DAVID-CHYDDY ELEKE who was in Edo for the state governorship election writes on how the media and security operatives deployed to the state on the orders of President Goodluck Jonathan helped to create an atmosphere o...
The Deputy Governor of Oyo State, Chief Moses Alake Adeyemo has warned residents of the state to resist the temptation of crossing bridges that over flow with flood after heavy downpour just as two persons are still missing despite the recovery o...
The Chief of Army Staff (COAS) Lieutenant General Azubuike Ihejirika has enjoined officers and soldiers of the Nigerian Army not to relent in their efforts in the fight against terrorism, and said that the fight against terrorism was gradua...
Armed robbers raided a van belonging to a first generation bank along Lagos-Badagry Expressway and carted away N58 million and also killed a policeman in the process. According to a source, the robbers came from a neighbouring town in Ogun State and ma...
More than one month after the Dana Air flight 0992 crashed, Dana Air is yet to pay the full compensation of $100, 000 to the family members who lost loved ones in the crash. It was further gathered that only nine of the victims’ families have rec...
The Minister of Power, Prof. Barth Nnaji, has inaugurated an 8-man committee to investigate the status of pensions in the power sector, following issues discovered in the course of negotiations with the workers. According to him, ‘’PHCN pen...