The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fine a fine N150m each for failing to ensure cash availability via Automated Teller Machines during the festive season. This follows spot checks that revealed non-compliance with the CBN cash distribution guidelines. In a statement on Tuesday in Abuja CBN’s Acting Director…
The minister of state for defence, Bello Matawalle, has said that the N50 billion earmarked for the defence ministry by the federal government in the 2025 budget is inadequate to tackle insecurity in the country. The minister said this on Tuesday in Abuja while defending the ministry’s budget before the house of representatives committee on…
The multi billion naira Gusau ultra-modern motor park, Zamfara state, being handled by Field-Mark Construction Limited is to be completed in the next six months. The project coordinator Mr. Okeke Kalu Okeke disclosed this recently while conducting journalists round the project site. Okeke said the project is part of the Urban renewal initiative by Governor Dauda…
Chairman/CEO Channels Incorporated, Dr.John Momoh, Chairman/Managing Director Chevron Nigeria Limited, Jim Swartz and Managing Director/Country Chair, Shell Petroleum Development Company Nigeria Limited, Osagie Okunbor have been nominated for awards by the Government College Ughelli at the school’s 80th Anniversary. Other awardees are Chairman, Brownhill Group, Amaju Melvin Pinnick; Chairman/CEO of Air Peace, Allen Onyema; Miller…
The Rivers state high court has nullified the congresses conducted by the Peoples Democratic Party (PDP) in the state in 2024. The court also restrained the state executive committee of the PDP from overseeing the affairs of the party and barred Aaron Chukwuemeka from parading himself as the chairman. Stephen Jumbo, the presiding judge, gave…
Timileyin Ajayi, gospel singer, has been arrested by the police in Nasarawa state, after he was allegedly caught with the severed head of his girlfriend. The incident was said to have occurred on Sunday in Agwan Sarki, Orozo, Karu LGA, near the Federal Capital Territory (FCT). Ajayi’s arrest was facilitated by an intelligence tip-off, leading…
