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CBN’s Short-Term Loans To Banks Drop To N11 Trillion

Financial data obtained by The Guardian suggest that deposit money banks (DMBs) had less reason to worry about liquidity last year as borrowing from the Central Bank of Nigeria (CBN) to meet urgent short-term needs dropped by 15.3 per cent to N11.01 trillion. In 2021, banks borrowed a total of …

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G-5 Governors Adamant, Set For Makinde’s Campaign

There are indications on Monday that moves by the Akwa Ibom State Governor, Udom Emmanuel, to persuade aggrieved Peoples Democratic Party governors to embrace peace have failed.   Emmanuel had a few days ago met with the Benue State Governor, Samuel Ortom; and his Rivers State counterpart, Nyesom Wike, in …

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Dino Melaye: Wike Should Be Ashamed

The Peoples Democratic Party, PDP, has vowed that it will no longer keep mum on constant outburst by the Rivers State Governor, Nyesom Wike against the party’s presidential candidate, Atiku Abubabar.   Recall that Governor Wike who had demanded the resignation of the PDP national Chairman, Iyorchia Ayu as condition …

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Accord Party Begins Senatorial Campaign In Ondo Community

The National Chairman of Accord Party, Muhammed Nalado, and the National Secretary, Adebukola Ajaja, will lead other prominent party members to Iseyin in Oyo State on Wednesday, for the Oyo North Senatorial campaign flag-off of Shina Abiola Peller.   A statement by Peller’s Press Secretary, Kola Popoola, said the campaign, …

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How I Escaped Death – Ex-Imo Gov, Ohakim

A former governor of Imo State, Ikedi Ohakim, has narrated how he escaped death by a whisker during his Monday encounter with gunmen.   NEWSEXTRA24 reports that the one-term former governor was attacked by gunmen at Ehime Mbano Local Government Area of Imo State, with four people in his entourage …

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IE, NSCDC Partner To Safeguard Electrical Installations

For stable power supply, Ikeja Electric Plc (IE) has partnered with the Nigeria Security and Civil Defence Corps (NSCDC) to protect its infrastructure. During a meeting yesterday with Lagos State NSCDC Command, Head, Legal and Regulatory, IE, Babatunde Osadare, commended the organisation and police for their support in safeguarding the …

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