Economy National

Gunmen terrorise motorists, others in Ondo

Suspected kidnappers and robbers at the weekend invaded Akure-Owo-Oba-Akoko-Ikare Road and operated with impunity. Sources said some lecturers of the Rufus Giwa Polytechnic, Owo (RUGIPO) narrowly escaped being abducted on the spot where their colleague was abducted and killed last Sunday. Observers said the development might not be unconnected with the recent dismantling of the […]

Economy National Newsboard Politics

FG Tradermoni: ‘Beneficiaries not traders’

The National Association of Nigerian Traders, NANTS has said the beneficiaries of Tradermoni are not traders. They decried its neglect by the federal government, on the TradeMoni loan initiative, saying they were not consulted in the disbursement of the money. The Chairman, NANTS, FCT chapter, Prince Edozie Ugwu, who stated this at the Tradermoni loan […]

Economy International National

Navy winning fight against sea pirates, says Navy Chief

The Nigerian Navy says that its improved presence at sea has reduced incidences of sea piracy which hitherto was prevalent on the nation’s territorial waters. Chief of Naval Staff, Vice Adm. Ibok-Ete Ibas, stated this on Saturday during the inauguration of a naval medical centre and gulf course at the Nigerian Navy Ship (NNS) Pathfinder […]

Economy

Ex-bank MD bags 19 years for N29m fraud

A Federal High Court in Lagos yesterday sentenced a former acting Managing Director of Century Microfinance Bank Limited, Olise Robinson, to 19 years imprisonment for stealing N29 million from the bank. Justice Okon Abang convicted Robinson of five counts of stealing, signature forgery, uttering of documents and criminal breach of trust. According to the Police Special […]

Economy National Politics

#2019Debate: Osinbajo Blames Slow Economic Growth On Level Of Corruption Under PDP’s Rule

   Vice President Yemi Osinbajo has blamed the nation’s slow economic growth on the level of corruption which he says was witnessed under the 16-year rule of the Peoples Democratic Party (PDP). According to him, no nation can thrive with what he described as the “grand corruption” that the nation witnessed at the time. […]

Economy National

#2019Debate: As Long As We Don’t Create Jobs, There Will Be Crisis – Peter Obi

The Vice Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, has said that Nigeria will be faced with a crisis if the nation does not create jobs. Obi made this known while addressing issues on economic policies at the NEDG, BON Vice-Presidential debate on Friday. He said that addressing economic issues should be […]