Police Arrest Suspected Kidnappers, Recover Arms in Rivers

THE Police Command in Rivers has arrested five suspected kidnappers following credible intelligence ON their operations and hideouts. SP Grace Iringe-Koko, spokesperson for the command, disclosed this to journalists in Port Harcourt on Tuesday, stating that operatives also recovered a cache of arms and ammunitions from the suspects. She alleged …

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36-year-old Man Remanded Over Alleged Fraud, Breach of Peace

An Ado-Ekiti Chief Magistrates’ Court on Tuesday ordered the remand of a 36-year-old man, Samuel Bankole, in the correctional centre over alleged fraud and breach of peace. The court gave the order following the bail application opposed by the prosecutor, Insp Akinwale Oriyomi, who said that the defendant had serial …

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Why I Turned Down Loan From World Bank, Federal Govt – Soludo

THE Governor of Anambra State, Charles Soludo has revealed that his administration turned down an existing World Bank loan agreement to prevent the state from falling into a “debt overhang.” Soludo stated that he has refused to borrow from any financial institution and also declined the Federal Government’s loan offer to …

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How New CBN Directors Were Selected

DETAILS have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was more rigorous and merit-based than in previous exercises. According to a source within the bank, the Management engaged the global consultancy firm PricewaterhouseCoopers (PwC) …

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BREAKING: Fire Guts Aba Electric Distribution Company

A fire broke out at the premises of Geometric Power, the operators of Aba Power, Nigeria’s latest electricity distribution company (DisCo), during the early hours of Monday morning. Naija News reports that the management of Geometric Power released a statement on Monday morning, March 10, confirming the occurrence of the incident. …

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