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Deadly Sunday as gunmen run amok in Kaduna, Rivers, Borno

Yesterday, the risk map of the troubled Northwest was stretched to include worship centres after bandits attacked Haske Baptist Church in Chikun Local Government Area of Kaduna State, killing two persons while many worshippers were abducted. Before yesterday’s attack, all tiers of educational institutions have been serially targeted. An unspecified …

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Nigerians exceed IMF’s 30% dollar deposits threshold

Dollar deposit by Nigerians in banks has exceeded the 30 per cent threshold approved by International Monetary Fund (IMF), a Central Bank of Nigeria (CBN) report has said. The report by CBN economists said Nigerians have been accumulating foreign currencies to protect their wealth from naira volatility and surging inflation. …

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18 passengers feared kidnapped in Ibarapa

No fewer than 18 commuters have been reportedly kidnapped in Igbo-Ora area of Ibarapa, Oyo State. The victims, who were passengers of an 18-seater bus from Abeokuta, were said to have been kidnapped between Igbo-Ora and Eruwa on Wednesday. The identity of the victims is not yet known Efforts to …

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Customs impounds 42 drums of explosives from Benin Republic

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), yesterday, intercepted 42 drums of calcium carbide smuggled into the country from the Benin Republic. Security experts have warned that calcium carbide could be used as explosives to bring down a building, especially when some chemical components …

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CBN to sanction banks, BDCs rejecting lower dollar bills

Deposit Money Banks (DMBs) and authorised Bureau De Change (BDC) operators who reject old and lower denomination of the United States dollar bills will be sanctioned, the Central Bank of Nigeria (CBN) said yesterday. A circular signed by its Director, Currency Operations Department, Ahmed Umar, directed DMBs, BDCs and the  …

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How racketeering, fraud threaten Railway’s e-ticketing platform

Following complaints by passengers of the Nigerian Railway Corporation rail service, the Federal Government introduced the e-ticketing platform to checkmate the fraudulent practices at the various stations, especially those on the Abuja-Kaduna corridor. FAITH YAHAYA reports that despite this measure, there are still compromises of these seemingly foolproof measures. Most Nigerians preferred …

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Zamfara gov appoints new finance, commerce commissioners

Zamfara State Governor, Bello Matawalle, has appointed  Sufyanu Yuguda as the new Commissioner of Finance in the state. This followed the removal of Rabiu Garba who was moved to the ministry of commerce and industries. In a statement, the Secretary to State Government, Bala Maru said, “Governor Bello Mohammed Matawalle …

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