Afeez Hanafi Six suspected hoodlums have been arrested by the police for allegedly looting a firm near Olusosun dump in Ojota, Lagos State, and stealing equipment worth N8m. The suspects were identified as Abu Muhammed, 18; Emmanuel George, 43; Abubakar Ibrahim, 28; Abubakar Abdullahi, 24; Bello Champion, 24 and 25-year-old Adeniyi Ifelowo. They reportedly cashed […]
Samson Folarin The Rivers State Comissioner of Police, Zaki Ahmed, has said the command has begun investigation into the alleged torture of an artisan, Lucky Joseph. Ahmed, who spoke to our correspondent on Monday, said the command would not condone any acts of indiscipline. PUNCH Metro had reported that 38-year-old Joseph was allegedly tortured by […]
Tony Okafor, Awka Two truckloads of fake Kiwi polish have been destroyed in Awka, Anambra State, following an order of the state High Court. The court, presided over by Justice I.U. Ndigwe, had ordered that the product, valued at N30m, be destroyed by burning. The product was impounded in Onitsha through collaboration efforts of Asco […]
Mudiaga Affe, Calabar The management of the University of Calabar on Monday said security operatives had been deployed around the institution after two students were killed by gunmen in a suspected renewed wave of cult clashes on the campus. The Vice-Chancellor of UNICAL, Prof. Zana Akpagu, in a statement by the Registrar, Mr. Moses Abang, […]
Olaide Oyelude, Katsina. Government Science Secondary School, Kurfi, Katsina State, has been shut and its students sent home after an unknown epidemic claimed the lives of eight pupils of the school. A lawmaker representing Kurfi Constituency at the Katsina House of Assembly, Kabir Lawal, made the revelation on the floor of the House on Monday […]
Olusola Fabiyi and Olalekan Adetayo Vice-President Yemi Osinbajo on Monday said the difference between the present administration and “the other” was that the “Muhammadu Buhari administration is not corrupt.” He said once a country had a President that was not corrupt, half of such country’s financial problems were over. Osinbajo spoke at the Seventh Presidential […]
Let me start today’s lesson by noting that the topic is, again, adapted from a recent language review by our Controller of Language at The PUNCH, Mr. Seth Akintoye. I know we have discussed similar issues in this column, but the point he raised on the status of the word, destitute, is very important as […]
Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, has said that the country has enough capacity to repay its debt obligations, which currently stand at about N21.7tn. Adeosun stated this in an interview with some journalists in Abuja on Monday. She said that the government was not worried about the country’s rising debt […]
Oladimeji Ramon An operative of the Economic and Financial Crimes Commission, Ovie Akpoyibo, on Monday lamented the agency’s inability to locate a former cashier at the Abia State Government House, Michael Udoh. Akpoyibo, who is attached to the Calabar, Cross River State office of the EFCC, lamented before the Federal High Court in Lagos on […]
’Femi Asu Electricity generation companies have said they are not planning to disrupt power supply in the country but that their inability to pay for gas due to the non-payment of the debt owed them will lead to the shutdown of power plants. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, alleged last […]
Okechukwu Nnodim, Abuja Owners of overloaded heavy duty vehicles that ply federal highways will start paying fines ranging from N1m to N10m, the Federal Government has announced. It stated this in an official gazette dated February 6, 2018, entitled: ‘Federal Highways (Control of Dimensions, Weights and Axle Load of Heavy Duty Goods Transport Vehicles) Regulations, […]
Ade Adesomoju, Abuja The Chief Justice of Nigeria, Justice Walter Onnoghen, said on Monday that the judiciary at the state level was being deprived of financial independence. He said financial autonomy was critical to the judiciary. He said while the federal judiciary was enjoying financial independence, there was the need for the law to be […]
Okechukwu Nnodim, Abuja The current administration has fulfilled the promise it made in May 2015 as regards developing road infrastructure, President Muhammadu Buhari declared on Monday. Buhari, however, stated that the government would continue to work on the country’s road network and stressed that his administration had raised the country’s budgetary commitment for capital projects […]
Everest Amaefule, Abuja The debt status of most states of the federation exceeds 50 per cent of their annual revenues. For 18 states, the debt profiles exceed their gross and net revenues by more than 200 per cent. Lagos, Osun and Cross River states record over 480 per cent debt to gross revenue. The Fiscal […]
Stanley Opara The Nigerian equities market started the week in a loss after 36 stocks trended southwards. Cadbury Nigeria Plc, Niger Insurance Company Plc and Unity Bank Plc emerged as the worst-performing stocks, shedding 9.6 per cent, 9.5 per cent and 8.9 per cent, respectively. A total of 327.759 million shares valued at N5.259bn exchanged […]
Godwin Isenyo and Olaleye Aluko A Diamond 40 Trainer Aircraft belonging to the Nigerian Air Force crashed on Monday on the outskirts of Kaduna town in Kaduna State, during which the student pilot was injured. According to the air force, the pilot “force-landed the aircraft after an airborne emergency prevented him from flying back to […]
Milost Global Incorporated is looking to inject as much as $1bn to recapitalise Unity Bank Plc, which is struggling to build buffers after a slowdown in Nigeria, according to two people familiar with the matter. New York-based Milost offered to invest $700m in equity and $300m in five-year bonds that can be converted into shares […]
Olufemi Atoyebi, Ibadan A former Deputy Chief Whip of the Senate and a Peoples Democratic Party chief in Oyo State, Hosea Agboola, on Monday called on former governor Rashidi Ladoja to accept the resolution of the National Executive Council of the PDP in finding a solution to the crisis in the party in the state. […]
Beneficiaries of the British Council’s interventions in Nigeria’s arts, cultural and social landscapes give inspiring testimonies, AKEEM LASISI writes For many Lagosians and their jolly good neighbours, the past few weeks have been significant in their hope to get nostalgia become a reality as far as theatre is concerned. As the film and music sections […]
The Central Bank of Nigeria has injected another sum of $210m into the inter-bank foreign exchange market. The lender said the forex sale was aimed at sustaining liquidity in the forex market, and making forex available for customers’ needs in various segments of the market. According to the figures obtained from the CBN on Monday, […]
Maureen Ihua-Maduenyi An equipment belonging to Skyway Aviation Handling Company on Sunday bumped into an Arik Air aircraft at the Murtala Muhammed Airport Terminal Two, Lagos. The aircraft was scheduled to operate the Lagos-Port Harcourt route before the incident occurred on the ramp. Arik Air recently announced the relocation of its Lagos-Port Harcourt flight operations […]
Gbenga Odogun, Lokoja Ten persons, including a traditional ruler, Onu Agbenema, Musa Edibo, and his wife, have been killed while many houses were razed by suspected herdsmen in separate attacks on Agbenema, Aj’Ichekpa, Opada and Iyade villages in Kogi State on Monday. Agbenema is in Omala Local Government Area of Kogi State. The attackers, who […]
Everest Amaefule, Abuja The Address Verification System, a project of the Nigerian Postal Services, will on Tuesday in Geneva compete among 90 projects from around the world in a competition that will see to the emergence of 18 prize winners of the World Summit on Information Society. By emerging on the finalist list, the NIPOST […]
Azuka Onwuka When 73 people were killed in Benue State in early January, the Minister of Defence, Mansur Dan-Ali, briefed State House correspondents, after a meeting of the security chiefs with President Muhammadu Buhari, and gave the government position on the reasons for the continuous attacks by the herdsmen. He said: “Whatever crisis that happened […]
Adelani Adepegba, Abuja Citing the security challenges facing the nation, the Inspector-General of Police, Ibrahim Idris, on Monday, ordered the withdrawal of all police officers attached to Very Important Persons, including political and public office-holders nationwide. The police boss, who announced this in Abuja during a conference with senior officers, stated that the directive also […]