
The Central Bank of Nigeria (CBN) has revealed that 40 percent of the total credits available in our economy, especially in the Capital and Money Markets, are from foreign holdings. This according to the apex regulator puts the economy of the country in a very precarious position as any withdrawal of such funds due to […]

The Nigeria Customs Service, Sokoto Area Command, on Tuesday said it intercepted 640 cartons of unapproved aphrodisiacs (sex enhancement drugs) with the duty paid value of N914.8 million. The command’s spokesperson, Magaji Mailafiya, in a statement said the drugs otherwise known as “Lady Killer” or “AK47” were seized following a tip-off along Illela-Kware road on […]

Operatives of the Lagos State Environmental and Special Offences Unit (Taskforce) were attacked by 14 commercial motorcyclists operating on restricted routes during an enforcement exercise in Oshodi recently. CSP Olayinka Egbeyemi, Chairman of the Agency disclosed that the motorcyclists, supported by hoodlums during the attack, wounded a paramilitary officer attached to the Agency and damaged […]

What actually led to the recent visit to Omoyele Sowore while at the DSS detention by some high power delegations of the media egghead was made public on Tuesday. The publisher of the Vanguard Newspaper, Mr. Sam Amuka, said the visit was not to persuade him to stop attacking the government but to make the […]

…Collection agencies took advantage of Act, says Lawan The Senate on Tuesday directed its Committee on Finance to investigate the circumstances surrounding the issue of over N20trillion un-remitted stamp duties revenue due to the Federal Government from banks and other financial institutions. It said the investigative activities of the committee would start from 2013 to […]