We Can’t Bear Petrol Subsidy Any More – FG

pms pump

The Minister of State for Petroleum Resources, Chief Timipre Sylva The Federal Government says it can no longer bear the burden of petrol subsidy. The Minister of State for Petroleum Resources, Timipre Sylva, said this in a statement. He said the government had realized that it was unrealistic to continue with the burden of subsidizing petrol to the tune of trillions of naira annually. The minister said the subsidy was largely benefiting the rich. He also said the government did not promise to keep the pump price of petrol permanently…

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Mrs Iyema Oyemola Oyewole: A Winner’s Chapel Deaconess, Arrested For Allegedly Subjecting Her Maid To Extreme Torture, Butt With Lighter And Inserting Hot Sticks Into Her Vagina Before Rubbing Pepper In

of Mrs. Iyema Oyemola Oyewole

A Winner’s Chapel deaconess, Mrs. Iyema Oyemola Oyewole has been arrested after she allegedly subjected her ward to a series of brutal torture that has shocked Nigerians.  The 14-year-old girl named Princess lived with her parents in Kaduna until they were displaced by bandits following an attack on their community. As a result, Princess’ parents had to place their daughter in the home of Mrs. Iyema Oyemola Oyewole, a deaconess of Living Faith Church in Barnawa, as they didn’t want her to be homeless. While at the deaconess’ home, Princess…

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Air Peace Evacuates Stranded Indian, Malaysian, Nationals In Two Boeing B777 From Nigeria Same Day

air peace

…Brings Back Over 300 Nigerians From Asia Nigeria’s leading carrier, Air Peace, said it dispatched two B777 aircraft with registration numbers  5N-BWI and 5N-BVE, to Malaysia and India, on July 10, 2020, to airlift citizens of both countries and Singaporeans from Nigeria and returned to the country with over 300 Nigerians from different countries in Asia. Among the evacuees airlifted from Nigeria include about 250 Indians in one of the many evacuation flights done by the Nigerian carrier to the world’s second most populated country. Air Peace said both flights…

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How BVN Can Be Used To Steal Money From Your Bank Accounts

bank verification number

Bank Verification Number (BVN) is a unique identification number (11 digits) issued to every bank customer and linked to every bank accounts that the customer has in all banks in Nigeria. The BVN was launched by the Central Bank of Nigeria (CBN) on February 14, 2014, in collaboration with the Banker’s Committee as a centralized biometric identification system for the Nigerian banking industry. Purpose of BVN The primary aim of creating a unique identification number for bank customers is to stem the increasing case of identity fraud in the banking industry. Other…

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Reps Warn FG Against Cancelling WASSCE

house of representatives

…Govt wrong to stop students from WAEC exams, says Atiku The House of Representatives through its Committee on Basic Education and Services prevails on the Federal Government not to cancel the planned West African Senior School Certificate Examinations, which was to commence with other exit examinations early next month, August. The House of Representatives in a statement by the Chairman of the House Committee on Basic Education and services, Professor Julius Ihonvbere, titled: “WASSCE should not be canceled,” in Abuja, states that the policy reversal is not good for the…

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South East APC Leaders Meet In Owerri, Deny Igbo Marginalisation

APC leaders meeting in Owerri

Key leaders of the All Progressive Congress (APC) from the South East on Saturday met in Owerri, the Imo State capital, and said the region is now more united than ever to work in the interest of the region and with the federal government. The APC southeast leaders also said that the claim of marginalization of Ndigbo is mere speculation and the figment of the imagination of those who are not well informed. The delegation was led by former President of the Senate, Chief Ken Nnamani. Also at the meeting…

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NFF cancels Nigeria football League Season, Sets September For Resumption

Nigeria Football Federation

The Nigeria Football Federation (NFF) has confirmed the cancellation of the 2019/20 Nigeria Professional Football League (NPFL) season. There would be no promotion to the top tier league from the Nigeria National League while no team from the NPFL would be relegated, the NFF added. The league was suspended indefinitely after match-day 25 in March, due to COVID-19. The federation stated that the clubs’ positions would be determined by Points Per Game. This would determine clubs that would represent the country in the CAF Champions League and CAF Confederation Cup.…

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Moody’s Announces Completion Of A Periodic Review Of Ratings Of First Bank Of Nigeria Limited

FirstBank logo

Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of First Bank of Nigeria Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. The review did not involve a rating committee. Since 1 January 2019, Moody’s practice has been to issue a press release…

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Ecobank Announces Alain Nkontchou As New Board Chairman

Alain Nkontchou

The leading pan-African banking group, Ecobank, is delighted to announce the appointment of Mr. Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015, as Board Chairman of its holding company, Ecobank Transnational Incorporated (ETI), with effect from 30 June 2020. In accordance with ETI’s Articles of Association, Mr. Emmanuel Ikazoboh, a Nigerian, ended his six-year tenure as Chairman on 30 June 2020 having reached the retirement age of 70. Alain Nkontchou said: “I am honored to be appointed as Chairman of Ecobank Transnational Incorporated. Having served on its Board…

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Nasarawa APC Chairman Allegedly Caught Defiling 2 Girls

Nasarawa APC

A politician identified as Christopher Ogah has been arrested after he was allegedly caught defiling two girls in his house in Obi Local Government Area of Nasarawa State. The suspects said to be the chairman of the All Progressives Congress (APC) in Obi Ward, was allegedly caught defiling two girls aged 12 and 13 years respectively.  An eyewitness said the politician lured the girls to his room when they entered his residence to fetch water from a well. Chairman of the local government, Alhaji Mohammad Oyimoga Oyigye confirmed the incident and also disclosed that he saved…

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