NAIJA BIZ

National Assembly to probe collapse of Skye Bank Plc

Chairman, House of Representatives Sub-Committee on Capital Market and Institutions, Tony Nwulu has made known the intention of the lower house to probe into the Central Bank of Nigeria’s (CBN) withdrawal of Skye Bank’s operating license. The move to probe, according to Nwulu, is to address public outcries by shareholders over corporate misgovernance by most Public Limited Companies (PLCs) and […]

NAIJA BIZ

Sterling Bank debtors may lose their pledged assets soon

Sterling Bank Plc revealed plans to embark on new strategies that will ensure quick recovery of debts. The strategies to be explored include restructuring for accelerated payoffs and possible foreclosure or disposal of pledged assets of defaulting debtors. The move to explore new strategies is expected to ensure a progressive drop in the bank’s non-performing loan (NPL) […]

Naija News

APC group calls for sack of national chairman, Adams Oshiomhole

Factional group of the All Progressives Congress (APC) on Tuesday took to the streets of Calabar, the Cross River State capital, demanding for the resignation of the National Chairman of the party, Comrade Adams Oshiomhole. The group accused Oshiomhole of refusing to recognize the Minister of Niger Delta Affairs, Pastor Usani Usani, as the governorship […]

Naija News

Alkali: Senate calls for investigation, arrest of suspects in case of missing General

The Senate has called on the Federal Government to constitute a panel to investigate the disappearance of retired Major General, Idris Alkali and the recovery of some vehicles from a mining pond in Plateau. The Senate made the call via a resolution passed on Wednesday, following a motion moved by Sen. Mohammed Hassan (APC-Yobe South) […]

Naija News

APC primaries characterised by crass impunity, stark arrogance – Party chieftain, SKC Ogbonnia

A chieftain and presidential aspirant on the platform of the All Progressives Congress, APC, SKC Ogbonnia, has said that there was crass impunity and stark arrogance on the part of the party leadership. According to him, the APC primaries were replete with norms alien to the party’s cardinal principles. Ogbonnia said this in a statement he […]

Naija News

APC loses Zamfara as INEC bars party from fielding candidates for 2019 election

The All Progressives Congress (APC) will not field candidates for all elective positions in Zamfara State in the 2019 general elections. This followed a declaration by the Independent National Electoral Commission (INEC). INEC in a memo explained that APC failed to meet the October 7 deadline for conducting primaries to elect candidates for the elections. The letter […]

Naija News

APC: How I helped Amosun to win governorship election with $1m – Dapo Abiodun

The Ogun State governorship candidate of the All Progressives Congress (APC), Dapo Abiodun, has spoken on his face-off with Governor Ibikunle Amosun. He made salient revelations in a video obtained by DAILY POST while addressing some party leaders and supporters in the state. The oil mogul, and a friend of Vice President, Yemi Osinbajo, who spoke […]

Naija News

Nigerian govt announces proposed new minimum wage

The Federal Government of Nigeria has said that after consultations, it has proposed N24,000 as the new minimum wage for civil servants. The Minister of Labour and Employment, Chris Ngige, stated this Wednesday, while briefing State House correspondents after the meeting of the Federal Executive Council (FEC). Ngige was responding to media reports quoting the president […]

Naija News

Probe APC chairman, Oshiomhole or lose credibility – CACOL dares EFCC

The Centre for Anti-Corruption and Open Leadership (CACOL) has urged the Economic and Financial Crimes Commission to investigate allegations of fraud levelled against the National Chairman of the All Progressives Congress (APC), Adams Oshiomhole. This was contained in a press release issued on Wednesday by Ikenna Aghagbobi, CACOL’s Media and Publications Officer on behalf of […]

Naija News

FG files charges against Senators Ekweremadu, Akpan

The Federal Government has filed two charges against the Deputy Senate President, Ike Ekweremadu and Senator Albert Bassey Akpan (Akwa Ibom North-East) for allegedly failing to declare some of their assets. The charges marked: FHC/ABJ/CR/62/2018 (for Ekweremadu) and FHC/ABJ/CR/88/2018 (for Akpan) were filed before the Federal High Court, Abuja on behalf of the Federal Government […]

Health

Existing drug shows promise for treating aggressive breast cancer

An existing antipsychotic drug could become the first targeted treatment for an aggressive type of breast cancer that is hard to treat. A study led by the University of Bradford in the United Kingdom reveals that the drug pimozide can reduce cancer cell numbers, growth, and spread in triple-negative breast cancer. In a paper that is to feature in […]