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It may not be the best of times for the troubled First City Monument Bank (FCMB) as depositors in the bank are reportedly closing their accounts with the bank in droves. According to media reports, the development came about, as a result of a leaked internal memo within the bank, …

  …To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60 In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage Bank Plc have adopted a novel but more robust approach to boost local production and reduce dependence …

Charles Soludo The Independent National Electoral Commission (INEC) has declared Prof Chukwuma Soludo as governor-elect of Anambra State. Professor Florence Obi, Returning Officer of the election, made the declaration at exactly 1;50am on Wednesday. She said Soludo scored the highest number of votes cast and certified all the requirements of …

Charles Soludo Chukwuma Soludo, governor-elect of Anambra, has commended the Independent National Electoral Commission (INEC) for ensuring that the recently-concluded election was free and fair. Florence Obi, returning officer for the state, announced Soludo as winner of the election at 1:51 am on Wednesday. The All Progressives Grand Alliance (APGA) …

Diezani Alison-Madueke The Economic and Financial Crimes Commission (EFCC) on Monday, re-arraigned a former Minister of Science and Technology, Dr Abdu Bulama, before Justice Fadima Aminu of the Federal High Court sitting in Damaturu, Yobe State, on a seven-count charge of criminal conspiracy and money laundering to the tune of …

Oriental Hotel Popular Lagos hotel, Oriental Hotel owned by Western Metal Product Company (WEMPCO) along Lekki-Epe expressway, Lagos, has been put up for sale for a whopping $150 million. The hotel sitting on 9,324 Sqm with over 60 years unexpired lease hood is one of the properties of WEMPCO groups …

Kogi State House of Assembly has threatened to issue a warrant of arrest against the Managing Director of Sterling Bank Plc, Abubakar Suleiman should he fail to appear before the house on Tuesday next week. The House had invited the Managing Director two weeks ago to clarify the N20bn Bailout …

The identification of bodies of the victims of the Ikoyi building collapse has continued at the IDH, Yaba, Lagos Mainland. Twenty-nine families have come forward to submit samples for DNA to identify bodies that they wish to claim. In cases where identification is clear and there are no arguments, the …

Pastor Taiwo and Nomthi Odukoya Nomthi Rosemary, the second wife of the founder of the Fountain of Life Bible Church, Taiwo Odukoya, is dead. Pastor Odukoya’s first wife, Pastor Bimbo, died on December 10, 2005 in a plane crash in Port Harcourt, Rivers Pastor Bimbo flew on Sosoliso Airline, from …

The Nigerian Communications Commission, NCC, has said there is a new android malware gaining access to smartphones and taking control of infected phones. In a statement signed by the commission’s Director, Public Affairs, Ikechukwu Adinde, the NCC said the malware is called AbstractEmu and can gain access to smartphones, take …