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News

Banks’ non-performing loans hit N1.676tn

Banking sector’s non-performing loans stood at N1.676tn as of the end of March 2019, latest statistics from the National Bureau of Statistics revealed. The gross loans recorded in the banking sector stood at N15.480tn, while the loans after specific provisions stood at N13.739tn in the period under review. The ratio …

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Buhari departs for Abuja after OIC Summit in Makkah

President Muhammadu Buhari on Sunday departed the royal terminal of King AbdulAziz International Airport, Jeddah, Saudi Arabia, for Abuja, after attending the 14th summit of the Organisation of Islamic Cooperation (OIC) in Makkah. The News Agency of Nigeria (NAN) reports that the presidential aircraft conveying the president and members of …

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New Breast Cancer Drug Found To Boost Survival Rates By 30%

A new form of drug drastically improves survival rates of young women with the most common form of breast cancer, researchers said on Saturday, citing the results of an international clinical trial. The findings, presented at the annual meeting of the American Society of Clinical Oncology in Chicago, showed that …

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US media magnate to buy Serie A club, Fiorentina

Italian-American media magnate Rocco Commisso is reported to be in talks to purchase Serie A outfit Fiorentina after the go-ahead was given on Saturday to sell the club. “During today’s meeting of the Board of Directors, the Della Valle family announced the existence of negotiations, currently underway, to sell the …

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