Thursday, 22 February 2018
  • Forty-eight of the missing 94 pupils of the Government Girls Technical College, Dapchi, Yobe State, have come out of hiding.

    The Yobe State Commissioner for Education, Mohammed Lamin, who stated this in Damaturu, added that the state government had organised search parties to look for the remain...

Parliament

  • By Doyin Okupe: Herdsmen: What’s going on? By Doyin Okupe: Herdsmen: What’s going on?
    In the last few days, I have sat back to reflect on the perplexing matter of the so called Fulani Herdsmen attacks nationwide. As an opposition politician it is a veritable political tool that if craftily manipulated and orchestrated in a sustained manner, is enough to send this Government packing in 2019. Just like Lai Mohammed and his team of propangandists hanged the Jonathan administration employing the Boko Haram insurgency and the dubious chibok girls affairs. I am not a…
    Thursday, 22 February 2018 01:53
  • By Sufuyan Ojeifo and Ariyo-Dare Atoye: Magu’s EFCC in perspectives By Sufuyan Ojeifo and Ariyo-Dare Atoye: Magu’s EFCC in perspectives
    Writing about the Economic and Financial Crimes Commission (EFCC) and its leadership is one and the same thing. EFCC is its leadership and the leadership of the commission is the commission. Dissecting the leadership of Mr. Ibrahim Magu at the EFCC is an enterprise that is akin to wielding a double-edged sword. If one is not careful about presenting the facts of any particular matter or issue, one runs the risk of being accused of either managing the reputation of…
    Thursday, 22 February 2018 01:26
  • By Edwin Madunagu: Drafting a people’s manifesto By Edwin Madunagu: Drafting a people’s manifesto
    It is now appropriate, indeed imperative, for the Nigerian Left to present its own manifesto to the country. This should be in form of a people’s manifesto, a people’s charter of demands in a situation of national emergency. A people’s manifesto at this point in our history is not a dissertation-like programme of social transformation, the type of thing any Left formation should be able to produce in 24 hours. Rather, it should be a clear and concise statement of…
    Thursday, 22 February 2018 01:21

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Recent News

  • Arms from Libya, Yemen, others fueling crime in Nigeria – Dambazau Business and Economy Arms from Libya, Yemen, others fueling crime in Nigeria – Dambazau
    Proliferation of firearms being smuggled in from Libya, Yemen, Mali, Niger and Chad and increasing use of illegal drugs are responsible for the worsening crime situation in Nigeria, Minister of Interior, Lieutenant General, Abdulraman Dambazau (rtd) has said. The minister also asserted that the farmers/herders conflicts being witnessed in some parts of the country has no ethnic or religious colouration, stressing that it is a regional problem over sharing of land and water resources. According to Dambazau who met the Inspector-General of Police, Ibrahim Idris, Commissioners of Police and other senior officers at the Force Headquarters in Abuja on Wednesday , security and agriculture ministers from West and Central African nations will comprehensively address the issues at a conference scheduled to take place soon. On proliferation of firearms and their sources, the minister said: “Firearms and drugs are drivers to violent crimes. They do not cause the crimes that we are witnessing but they drive them. “As police officers, we have a role to play; weapons are drivers to criminal violence. There are huge numbers of the weapons in circulation and we know the sources. “Some of these weapons come from Libya because of the instability, Mali, Yemen, Niger, Chad.…
    Thursday, 22 February 2018 02:09
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  • Six banks meet CBN’s dividend payout rule Business and Economy Six banks meet CBN’s dividend payout rule
    The Central Bank of Nigeria (CBN) circular on dividend payout by commercial banks and discount houses has been analysed based on the performances and balance sheet positions of all lenders. A report released yesterday by Afrinvest West Africa, an investment and research firm, showed that only six banks – Access Bank, First City Monument Bank (FCMB), Guaranty Trust Bank, United Bank for Africa, Wema Bank and Zenith Bank- met the CBN’s minimum requirement for Capital Adequacy Ration (CAR) and Non-Performing Loans. Hence these banks are excluded from the restrictions on dividend payment. The firm explained that many lenders will not be able to pay dividends based on their capital reserves as well as the proportion of Non-Performing Loans (NPLs) in a bid to forestall any threats to customer deposits in the system. On the criteria that require lenders to meet the minimum Capital Adequacy Ratio (CAR) before dividend payout, the research firm said all the banks under its coverage, save for Unity and Union, met the minimum requirement stipulated by the CBN. “For Unity, the current CAR (as at nine month 2017) is unavailable while Union Bank had a CAR of 13.3 per cent (below CBN requirement of 15 per…
    Tuesday, 20 February 2018 01:20
    Read 32 times

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