• 12 Boko Haram camps cleared by MNJTF, two soldiers killed by IED

    12 Boko Haram camps cleared by MNJTF, two soldiers killed by IED

    No fewer than 12 Boko Haram Terrorists camps have been by troops of the Multinational Joint Task Force. So also were four Boko Haram terrorists seeking to attack camps of Internally Displaced Persons arrested by the troops.

    However, two soldiers lost their lives in the process of operations, under Operation GAMA AIKI. A statement by the Chief Military Public Information Officer of the MNJTF, Colonel Muhammad Dole, said: “The effects of difficult terrains and unpredictable weather conditions continue to pose serious challenges to […]

  • Pastor nabbed with 12 stolen kids

    Pastor nabbed with 12 stolen kids

    The police in Delta State have smashed a syndicate that specializes in buying and selling of children. The syndicate, which is allegedly led by Pastor Chinedu (surname concealed), who claimed to head a Pentecostal ministry in Ogidi Anambra State, was alleged to have kept 12 children in his custody.

    The 48-year-old pastor connived with others, namely, David, Ebere, Adaeze (a 22-year-old lady) and 55-year-old Chike (all surnames withheld by us) are now being held for interrogation at the headquarters of the […]

  • Why CBN raises interest rate 12% to 14%

    Why CBN raises interest rate 12% to 14%

    The Central Bank of Nigeria, monetary policy committee has raised interest from 12% to 14%, the Apex bank governor , Gofwin Emefiele told reporters in Abuja.

    The committee also voted to retain cash reserve ratio at 22.5% and left the asymmetric corridor around MPC retained at +200 basis point(BPS) & -500 basis points(BPS) while Liquidity ratio was kept at 30%.

    These decisions was made at the first meeting held in Abuja on Tuesday, July 26, 2016 since the introduction of the new […]

  • Death toll in Abuja transformer fire rises to 12

    Death toll in Abuja transformer fire rises to 12

    The death toll from the transformer fire at Angwuar Tiv, a sprawling shanty settlement in Lugbe on the outskirts of Abuja has risen to 12.

    No fewer than five persons had been confirmed dead at the weekend when the transformer of the Abuja Electricity Distribution Company (AEDC) caught fire.

    Sources claimed that death toll of the sad incident that occurred on Saturday night had risen to 12 as at Monday morning.

    The incident left a tail of woes in its wake as several […]

  • PanamaPapers: 12 offshore companies linked to Tinubu … see full list

    PanamaPapers: 12 offshore companies linked to Tinubu … see full list

    No fewer than 12 offshore companies have been linked to the Group Chief Executive of Oando PLC, Mr. Wale Tinubu, who is also a nephew of the National Leader of the All Progressives Congress, Asiwaju Bola Tinubu.

    The companies include: Sigma Technology Inc; Techventure Inc; Anglesey Management SA; Caine Trading Corp; Keligh Engineering Corp; Hud Trading Corps; Meridian Procurement International Services Ltd; Lynx Shipping Ltd; Equinox Shipping Ltd; Everglade Oil Inc; Framlingham Ltd and Triton Trading Ltd

    The latest revelation was contained […]