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Protests for Zakzaky in Nigeria The attention of the Nigerian Army has been drawn to an online report by SAHARA REPORTERS ON 28 APRIL 2016 in which the Islamic Movement in Nigeria alleged that the Nigerian Army is planning to steal bodies from mass grave in Zaria. It further, stressed that a contingent of soldiers […]

Zazaky, Shi’ite Leader In Nigeria Shiites Statement The Northern State Governors Forum (NSGF), in a communiqué issued at its meeting last Friday, called on the Islamic Movement in Nigeria (IMN) to cooperate with the Judicial Commission of Inquiry set up by the Kaduna State Government to investigate the December military attack on members of IMN […]

The Nigerian Army said on Saturday that it is performing well in the war front, dealing more blows to the terrorists and bringing the seven year old war to an end. In Statement, Colonel Sani Usman, the Army spokesman said “on Friday 29th April 2016, troops of 7 Division Strike Group Team B attached to […]

A Fixed Deposit is a type of short-term financial investments sold by banks to its depositors. A depositor invests in a fixed deposit when he deposits his money with a bank in exchange for interest for a predetermined period. Fixed deposits can often be for One Month, Three Months, 6 Months and 1 year. In […]

The Economic and Financial Crimes Commission (EFCC) has traced N3.6b in stolen funds to former Minister of Aviation, Senator Stella Oduah, according to EFCC sources. As Minister of Aviation, Oduah secured several multi-billion naira contracts to upgrade Nigeria’s 22 airports. It was later revealed that much of this money went into the minister’s pockets and […]Read More

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on Friday said that the secret behind his outstanding record as a Special Fraud investigator. He said that his study of Accounting made him stand out as an investigator. Magu made the revelation in Abuja when the President of the Association […]

Governor Ifeanyi Ugwuanyi of Enugu State on Friday addressed the people of the State over the carnage at Nimbo, Uzo-Uwani Local Government Area by Fulani herdsmen. The Governor spoke at the Government House in a solemn session attended by several leaders in the State, including the Deputy Senate President, Chief Ike Ekweremadu, other senators and […]

Former General Officer Commanding, (GOC), Movement for the Emancipation of the Niger-Delta (MEND) Government Ekpemupolo, aka Tompolo, Friday, categorically stated he had no connection with a new militant group, Niger Delta Avengers, which claimed to have destroyed the Forcados 48-inch Export Pipeline in Delta State, lately. Tompolo, who went underground since the Police and Economic […]

FCMB Group Plc, a Nigerian lender, has succumbed to a weak naira and a drop in oil price as earnings faltered For the first three months through March 2016, the bank’s net income reduced by 68.88 percent to N1.64 billion as against N5.27 billion as at March 2015. Revenue otherwise known as interest income was […]Read More

The management of Aero Contractors this week, sacked over 100 workers from its payroll industry. Public relations consultants to the airline, SY& T released a statement that the airline only reviewed its contract with the out sourcing firm: SBL. According to a source, most of those affected by the sack, were support staff who have […]

President of the Manufacturers’ Association of Nigeria (MAN), Frank Jacobs, yesterday disclosed that Nigeria spends N165 billion annually to import fruit juice. He made this disclosure at a workshop organised by the Raw Materials Research and Development Council (RMRDC) in Owerri. While delivering a paper entitled “Promoting Investments in Concentrate Production’’, Jacobs said the situation […]

As a natural consequence of the Manhattan luxury real-estate slowdown that we’ve documented previously (here and here), REIT’s that have exposure to the Big Apple are starting to feel the impact to their bottom line. According to reports, REIT Equity Residential, the U.S.’s biggest publicly traded multifamily landlord, fully intended to increase net effective rents […]Read More