Unless the current short term structure of bank deposits is reversed, banks in the country would remain unable to extend longer tenure loans. A recent report from the Central bank of Nigeria (CBN) has shown that short term deposits of less than 30 days...
Fiancee of late rapper MC Loph has put to bed, LEADERSHIP gathered. Nkiru was in the process of marrying the popular celebrity before he died in a fatal accident on his way to their traditional wedding six months ago. Nkiru, who was pregnant at the tim...
The Arewa Consultative Forum (ACF) on Thursday called for the resumption of talks between the Federal Government and the Boko Haram to resolve the rising wave of insecurity in the country. The ACF made the call in a communiqué issued by its Nati...
A group of writers, including Prof. Pat Utomi, on Thursday reiterated the need for the creation of Anioma State. The call was contained in a multi-authored book ``Anioma in Contemporary Nigeria`` edited by Kunirum Osia which was presented to the public...
The All-Share Index of Nigerian Stock Exchange (NSE) closed higher on Thursday at 21, 261.28 The index rose by 193.38 points from the 21,067.90 recorded on Wednesday. The market capitalisation also appreciated by N61 billion or 0.91 per cent to close a...
Aliero announced his defection along with the leadership of CPCin Kebbi during the launch of the PDP gubernatorial campaign in the state by President Goodluck at Halliru Abdu Stadium in Birnin Kebbi on Thursday. Aliero, who was accompanied...
The House of Representatives Committee on Education on Thursday in Abuja called for closer ties with the United Kingdom to nurture democratic institutions in Nigeria. Rep. Farouk Lawan, (PDP-Kano), the Chairman of the Committee, made the request when M...
One person was confirmed dead and another injured when a storey building under construction at NITEL Training School Cappa, Oshodi, Lagos, collapsed on Thursday. The spokesman of the Lagos State Police Command, Mr Joseph Jaiyeoba, confirmed the inciden...
The House of Representatives on Thursday said the alleged N44 million bribery scandal would not deter it from continuing the probe of the Nigerian Capital Market. Rep. Zakari Mohammed (PDP-Kwara), the Chairman of the Committee on Media and Public Affai...
President Goodluck Jonathan on Thursday said that his administration would continue to recognise accomplished Nigerian leaders. The president gave the pledge in Lagos at the launch of a book entitled “Osoba: The Newspaper Years”, co-w...
President Goodluck Jonathan has called for a free and fair election in the forthcoming gubernatorial re-run in Kebbi on March 31, to demonstrate the growth of democracy in the country. Jonathan made the call on Thursday in Birnin Kebbi when he in...
The police have arraigned two accused persons, Abubakar Rabiu, 20, and Awalu Saidu 20, of no fixed address, before an Abuja Senior Magistrates' Court charged with joint act and theft. Police prosecutor Jerry Tangshak said the matter was reported by...
Dr Stella Dorgu of the PDP has emerged winner of the Sagbama/Ekeremor Federal Constituency bye-election held on Wednesday. Announcing the result in Sagbama on Thursday, the Returning Officer, Emmanuel Ekulo declared that Dorgu polled 78,309 votes...
President Goodluck Jonathan has called for prayers from traditional rulers for the restoration of peace and solution to security challenges facing the country. Jonathan made the call in Birnin Kebbi on Thursday when he paid a courtesy visit to the stat...
A gang of armed robbers on Thursday staged simultaneous raids on two banks in Ekpoma, Edo. The News Agency of Nigeria (NAN) reports that the robbers carted away an unspecified amount of money during the raids. The thieves, reportedly went t...