Increment of Capital base in insurance company crucial, Finance minister insists
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday said the recapitalisation of the insurance industry would reduce risk of insolvency and protect policyholders in the sector. The minister said this in Abuja at the opening session of a meeting of the Association of African Insurance Supervisory Authorities. The National Insurance Commission had in a circular announced...
DSS Ordered #EndSARS’ Promoters’ Bank Accounts Frozen, Stopped Foreign Travel
Fresh facts have emerged that the embargo placed on the bank accounts of some leading supporters of the #EndSARS protests was the result of an instruction from the Department of State Services, DSS. THEWILL gathered authoritatively that it was the DSS which ordered the Central Bank of Nigeria, CBN, to freeze the bank accounts of 19 persons and a...
Man Beats Wife To Coma, Vows To Do It Again Once She Regains Consciousness
An Ebonyi state man has reportedly beaten his wife to a coma while threatening to do it again once she wakes up. A man has allegedly beaten his wife to a coma and boasted that he will continue the beating when she regains consciousness. The man, identified as Egwu Francis Emmanuel, allegedly beat Mrs Ezinne in Amachara Village, Ebonyi State, till...
Court orders FG to pay N200,000 fine over attempt to delay Sowore’s trial
The Federal Government on Thursday re-arraigned Sahara Reporters publisher, Omoyele Sowore, and his co-defendant, Olawale Bakare, on amended charges of treasonable felony and conspiracy. The prosecution accused them of planning a protest tagged #RevolutionNow aimed at toppling the regime of the President, Major General Muhammadu Buhari (retd.). The amendment of the charges reduced the original seven counts to two. Charges of money...
Rivers: Man Slays Mother For Refusing Him Money To Buy Hard Drug
POLICE in Rivers State have arrested one Owate Bode for allegedly hacking his mother to death in Eleme, Eleme Local Government Area, Rivers State, for allegedly refusing him money to purchase hard drugs. The suspect has been transferred from Eleme Police Division to the State Criminal Investigation and Intelligence Department (SCIID), according to Grace Iringe-Koko, Police Spokesperson, Rivers Command. As the...
Tears, Agony As Oyo Gas Tanker Accident Kills Five
At least five persons have been killed and several others, injured following an accident involving a gas truck in Ibadan, the Oyo State capital. The accident occurred around 9:00 am on Sunday at a popular herbs market in the Bode area of the city as a result of a brake failure from the tanker which was fully loaded with domestic...
“I Didn’t Collapse” – Ex-Minister Of Power, Sale Mamman Denies Report
Nigeria’s Former Minister of power, Sale Mamman has denied reports on collapsing on hearing the news of his removal from office. Several media reports on Thursday claimed that Mamman was hospitalised shortly after hearing the news of his sack by President Muhammadu Buhari. Reacting to the development in an interview with BBC Hausa, Sale said that he was only advised by his...
Abducted ACP rescued by police • Two suspects arrested
Musa Rabo, the Assistant Commissioner of Police in charge of Suleja abducted over the weekend by gunmen along Abuja- Kaduna road has been rescued by the police. Force Public Relations Officer, DCP Frank Mba said the officer was successfully rescued on Sunday evening by a combined team of Police operatives from Kaduna, Niger and Zone 7 Command Headquarters Abuja, backed-up...
Southern Senators Back Governors’ Decision To Ban Open Grazing
The Southern Senators Forum, SSF has thrown its weight behind the resolve by the governors in the southern region to ban open grazing and the movement of cattle by foot. The governors of the southern region took the decision after a meeting in Asaba, Delta state capital, on Tuesday. In a statement on Wednesday, Opeyemi Bamidele and Matthew Urhoghide, chairman and...
Current State Of Nigeria-Cameroon 1.5km Border Bridge [PHOTOS]
The newly constructed 1.5km, two-lane bridge on the border between Nigeria and Cameroon in Ekot-Mfum, Etung Local Government Area of Cross River. The construction of the bridge began on April 28, 2017, and was completed in March 2021 at the cost of $35.9 million. Funding for the project was provided by both countries. Photos of the 1.5KM Border Bridge...
