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GSI: Banks recover N50.32m bad loans in 9 days

Deposit Money Banks (DMBs) in the country recovered about N50.32 million bad loans from debtors in the first nine days of the implementation of the Global Standing Instruction (GSI) policy, the Central Bank of Nigeria (CBN) has said. CBN’s Director of Financial Policy and Regulation Department, Mr. Kevin Amugo, disclosed this yesterday at the third […]

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Soldiers arrest Mali President, Ibrahim Boubakar Keïta

Mali President, Ibrahim Boubakar Keïta, has been arrested by mutinying soldiers, a government spokesman has confirmed. Prime Minister Boubou Cissé has also been arrested, despite earlier appeals for “brotherly dialogue”. The apparent coup attempt in the West African nation began with gunfire at a key military camp near the capital, Bamako, yesterday morning. In the […]

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Pollution raises antibiotic resistance risk

Researchers from the University of Georgia in the United States (US) have found antibiotic resistance was not only caused by the overuse of antibiotics. Using a process known as genomic analysis, the researchers were able to establish a strong link between antibiotic resistance and heavy metal contamination in the environment and said pollution may play […]

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Al-Qaeda’s infiltration in Nigeria

The Commander of the United States Special Operations Command for Africa, Maj.-Gen. Dagvin Anderson, recently rattled Nigerians when he revealed that Al Qaeda, the dreaded terrorist organisation, had joined other terrorist groups in the battle for the soul of Nigeria. Anderson, who dropped the bombshell during a virtual media briefing, said Al Qaeda has not […]

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Mali President, Keita, arrested by mutinying soldiers

    Mali President Ibrahim Boubacar Keita was arrested on Tuesday by mutinying soldiers in the capital Bamako. The arrest came after soldiers mutinied at the Kati army base outside of Bamako and rounded up a number of senior civilian and military officials. Meanwhile, West African leaders condemned the military mutiny in Mali on Tuesday, […]

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Report: FG’s $1.5bn World Bank loan delayed over reforms

*Sticky points: Fuel subsidy and exchange rate The World Bank is unlikely to approve a much-needed $1.5 billion for Nigeria in August as planned due to concerns over desired reforms, three sources familiar with the talks told Reuters. A delay in financing from multilateral lenders could leave Africa’s biggest economy and top oil producer, battered […]

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JUST IN: Gunfire heard at Mali army base as embassy warns of possible mutiny

Gunfire was heard on Tuesday at an army base outside Mali’s capital Bamako as the Norwegian Embassy and security sources said a possible mutiny was under way. Local residents and security sources said there was gunfire at the army base in Kati, about 15 km (9 miles) outside Bamako, where a mutiny in 2012 led […]

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El-Rufai: How past govt paid elite to stop Kaduna killings

  …vows not to appease criminals with ‘peace money’     Governor Nasir el- Rufai of Kaduna State has disclosed why he is being ‘attacked’ by Southern Kaduna leaders, following the killings and destruction of properties by suspected Fulani militias in the southern part of the state. El-Rufai revealed that before now, previous administrations paid […]

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Drama as Reps, Amaechi disagree on Chinese loans

  The continuation of the House of Representatives’ probe into $500 million Chinese loans for railways in the country was yesterday mired in drama occasioned by disagreement between the probe committee chairman, Hon. Ossai Ossai and Minister of Transportation, Rotimi Amaechi.   Trouble began when chairman of the House Committee on Treaties, Protocols and Agreements, […]

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CAN to el-Rufai: End killings in Southern Kaduna

      President of the Christian Association of Nigeria (CAN), Rev. Samson Ayokunle, has charged Governor Nasir el-Rufai to do everything humanly possible to stop the killings in Southern Kaduna.   The CAN president told the governor that the present efforts by his administration and the security agencies were not good enough, adding that […]

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