Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019. Herbert Wigwe, the bank’s the Chief Executive Officer, said this at a news conference by Access Bank Plc and Diamond Bank Plc on details of the […]
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The ongoing strike embarked upon by the Academic Staff Union of Universities (ASUU) will linger as report has emerged that the aggrieved lecturers staged a walkout from the meeting with a federal government delegation. Premium Times reports that ASUU delegation arrived at the ministry at exactly 5:00 p.m. but no member of the federal government […]
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About 12 soldiers were killed and dozens missing after fighting with Boko Haram terrorists in the northeastern state of Borno State It was reported that three military sources said on Sunday confirmed to newsmen that this is one of the largest known losses of life by the army in the last month. The army said […]
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Popular online newspaper, TheCable, has reported that Access Bank has finally acquired Diamond Bank. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). The acquisition was midwifed by the CBN in a bid to further consolidate the banking industry, […]
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Some armed men suspected to be members of the Boko Haram sect have sacked Gudumbali town, the Local Government Headquarters of Guzamala Local Government Area of Borno State. According to Channels Television on Saturday, residents said the attackers looted food items and carted away with about five gun trucks. However, the Nigerian Army authorities have […]
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Former military ruler, Ibrahim Babangida, on Sunday heaped praises on President Muhammadu Buhari, acknowledging that the man he toppled in a coup d’etat in 1985 has remained focused and shown tremendous energy and vibrancy in running the affairs of Nigeria since 2015. Mr Babangida also acknowledged Mr Buhari’s patriotism and commitment to serving the nation […]
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The Nigerian Army has said it is suspending the operations of the United Nations International Children’s Emergency Fund in the North-East theatre until further notice. The Theatre Command, Operation Lafiya Dole, which coordinates the Boko Haram anti-insurgency war in the North-East, stated this in a release by its spokesperson, Col Onyema Nwachukwu. It alleges that […]
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The Nigeria Customs Service (NCS) Federal Operations Unit (F.O.U.) Zone D, Bauchi, has seized contraband worth N156. 61 million in 2018. The Controller F.O.U. Zone D, Peters Olugboyega, made the disclosure at a news conference in Bauchi on Thursday. According to him, this is an increase of N55 million compared to the seizures made in […]
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The Minister of Education, Malam Adamu Adamu, on Thursday said the Muhammadu Buhari administration was in support of jacking up the retirement age for teachers from 60 to 65 years. The minister made this known at a public hearing on the need to insulate teachers from the retirement age for public servants organised by the […]
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The Nigerian Communications Commission (NCC) says the country’s broadband penetration stood at 30.9 per cent as at November 2018, surpassing the 30 per cent target by the National Broad Band Plan. Umar Danbatta, Executive Vice Chairman of NCC, said this while speaking with journalists on Thursday in Abuja. The News Agency of Nigeria (NAN) reports […]
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