Banks Suffer N100bn Bad Loans In Power Sector

  A total of N100.42bn loans advanced by the nation’s banks to power firms have been recorded as non-performing, the latest data from the National Bureau of Statistics have shown. The power and energy sector, out of 22 sectors/business lines, accounted for the fifth biggest share of banks’ N1.69tn non-performing loans as of April 30. […]

Dangote Cement Emerges NSE’s Biggest Firm, Overtakes MTN

Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday. On Monday, MTN Nigeria overthrew Dangote Cement, becoming the most capitalised company on the NSE just three months after its listing, as its share price increased […]

Military Engineers Deployed to Fix Konduga-Bama Axis

Military Engineers Deployed to Fix Konduga-Bama Axis In a desperate effort by terrorists to furstrate the proactive and offensive action in the ongoing Counter terrorism Operation (Operation “Halaka Dodo”), troops of operation Lafiya Dole had thwarted a diversionary ploy by terrorists to frustrate smooth movement of troops, logistics and other road users along road Maiduguri-Konduga-Bama […]

46. NGOs Caution Presidency, Security Agencies on Extra-Judicial Killings

46. GOs Caution Presidency, Security Agencies on Extra-Judicial Killings Respect for the Rule of Law Must be an Imperative for Our President No person is above the law and no one is below it; nor do we ask any person’s permission when we require them to obey it. Obedience to the law is demanded as […]

TAKE BRIBE AND GET SACKED -FRSC WARNS PERSONNEL

The Federal Road Safety Corps (FRSC) has vowed to dismiss from service any of its personnel found extorting motorists. Corps Public Education Officer, Mr Bisi Kazeem gave the warning in an interview with pressmen in Abuja on Wednesday. Kazeem was reacting to the recent arrest of 37 FRSC operatives for alleged extortion of motorists on […]

Nigerian footballer bags 3 years in jail for punching a lady in the UK

A Nigerian footballer who attacked a woman outside a nightclub in Clapham in the United Kingdom on New Year’s Eve has been sentenced to 32 months in prison. On Monday, Andrew Akingbaje, 24, was jailed at the Inner London Crown Court for the violent assault. On New Year’s Eve, Krystal Misson and her two female […]

Man in court for allegedly raping 10-year-old girl in Lagos

Suleiman Mohammed, a 33-year-old security guard, Wednesday appeared in a Badagry Chief Magistrates’ Court in Lagos State for allegedly raping a 10-year-old girl. According to the News Agency of Nigeria, Mohammed, whose address was not provided, is charged with two counts of rape and threat to life. The Prosecution Counsel, ASP Akpan Nkem, told the […]

Cultists take over Ijebu-Ode as residents flee

There is tension in Ijebu-Ode area of Ogun State as members of Eiye and Aiye confraternities are reportedly taking turns to retaliate the killings of their members. Residents of Ijebu-Ode were said to running helter-skelter as the cultists continue to terrorise the ancient city. DAILY POST learnt that the superiority battle between the two groups […]

EPL: What Ryan Giggs told Solskjaer about Man Utd star

Manchester United legend, Ryan Giggs has disclosed what he told Manager Ole Gunnar Solskjaer about Forward Daniel James. Giggs said he told Solskjaer that James is a player with plenty of potentials after the Man United boss enquired about the 21-year-old before signing him from Swansea City. James, who becomes Solskjaer’s first signing at Old […]

EPL: Lloris reveals two teams that will win Premier League title

Tottenham Hotspur goalkeeper, Hugo Lloris has admitted that the Premier League title race is between Manchester City and Liverpool. Spurs enjoyed one of their strongest seasons in years under Mauricio Pochettino last term, securing another top-four finish and reaching a first Champions League final. But Lloris now believes his side are aware they are the […]