Guaranty Trust Bank has dragged no fewer than 60 top executives of 13 commercial banks to court as a pending suit between GTBank and Afex Commodity Exchange over N17bn Anchor Borrowers Programme loan lingers. The 60 executives, including the chairmen, chief executive officers, directors, and company secretaries of the 13 banks are facing contempt proceedings…
In a statement released Sunday, a local investigative team said that the eight had been “illegally” transported in the cold-chain vehicle to the town of Hongzhuangyang. “The driver found eight people suffocating and unconscious in the car,” investigators said, adding that they were later declared dead. The driver and other “responsible persons” are being held…
Producing 100,000 barrels of oil per day is the goal of the Sangomar deep-water project, which started the nation’s oil production last week. A stand-alone floating production, storage, and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels per day and subsea infrastructure that is intended to support further development phases are included in…
Shaibu claims that he, Okpebholo, and Labour Party (LP) member Olumide Akpata were the three homeboys who entered the governorship race. “I will support a homeboy. I came into politics to contest as the governor of Edo State because I need the government to return to homeboys – people who understand our plight, people who…
A small basket of tomatoes goes for about N35,000 in Lagos State while the price of pepper has also jumped, raising concerns among Nigerians. But Usman says the insecurity in the north is a major factor for the hike in the cost of the items. “The bone of contention, the real fact is just insecurity….
The President of the Christian Association of Nigeria, Daniel Okoh, has called on Nigerians to unite in love and forgiveness despite the current challenges across the country. Okoh stated this in an Eid-el-Kabir message on Sunday. The CAN President also urged Nigerians to embody the values of sacrifice, obedience and faith and to set aside…
The Oba of Benin, His Royal Majesty Oba Ewuare II, has publicly corrected Labour Party gubernatorial candidate Olumide Akpata for claiming to be a “son of the Palace”. Akpata, during a recent meeting with the monarch repeatedly referred to himself as a “son of the Palace” in both English and the local dialect. The Oba,…
Force spokesman Muyiwa Adejobi made this known in a statement on Sunday. The police described as untrue, claims by Shehu Sani, a former lawmaker who represented Kaduna Central Senatorial District, that some of the youths detained for the #EndSARS protest are still in custody. In 2020, some Nigerian youths took to the streets to protest…
Former President Muhammadu Buhari has stressed the importance of self-reliance in food production. Speaking after attending Eid prayers with the Emir of Daura, Katsina State Dr Faruk Umar Faruk, Buhari lauded the efforts of Nigerians who have turned to farming to mitigate rising food prices and ensure national food security. This was contained in a…
