About 14 banks may have landed at the receiving end of the Cash Reserve Requirement, CRR, harmonisation policy announced last week by the Monetary Policy Committee, MPC, of Central Bank of Nigeria, CBN.
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The police, Wednesday, brought a 28 years old housekeeper, Hope Hazhi, before a Tinubu Chief Magistrateâ€™s Court in Lagos for stealing her employerâ€™s jewellery worth N15 million.
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I find rather amusing, the Peopleâ€™s Democratic Partyâ€™s unfolding dread for petitions challenging its self-awarded victories in the recently held elections.
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Nigeriaâ€™s epileptic power supply has taken a turn for the worse in recent months. Despite investing over $30 billion in the sector in the past 15 years, the total electricity supply as at today is less than a mere 1,400 megawatts (MW) for a country of over 170 million people.
The post Nigeriaâ€™s Electricity Crisis is a Failure in Leadership appeared first on Vanguard News.
The All Progressives Congress (APC) has denied a published report that its National Working Committee (NWC) met on Monday night and decided to zone the Senate Presidency to the North-Central and the Speaker of the House of Representatives to the South-West, saying nothing like
that ever happened.
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The U.S. on Tuesday strongly condemned the killing of the leader of Burundi's opposition party, Union for Peace and Development (UPD), Mr Zedi Feruzi, and his bodyguard in Burundi that happened on May 23.
The post U.S. condemns killing of Burundi’s opposition leader, urges peace appeared first on Vanguard News.
A mobile policeman in Yenagoa, Bayelsa State, has shot a 34-year-old indigene of Bauchi State, Adamu Mohammed, over an argument on N2,000 unpaid fees for a menial job.
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â€œFor the youths, donâ€™t allow anyone to re-write history, donâ€™t let anyone change the story because what has been done has been done well and let others who are coming in build on this. When they see they are good let them pick them up and build on them.â€ The minister noted that based on statistics from the National Bureau of Statistics, the nation needed to create about 1.8 million jobs each year and that the administration put in place, various programmes towards achieving that goal.
An early minute brow between President-Elect, General Muhammadu Buhari and governors elected on the platform on the All Progressives Congress may be in the offing as Buhari has asked the governors to steer clear of his ministerial list.
The post Buhari not happy with govs inability to pay salaries, rejects ministerial list appeared first on Vanguard News.
Former Military President, General Ibrahim Babangida yesterday, expressed concern over the present situation in the country, adding that it needed the intervention of all Nigerians to join hands with the incoming administration to get the people out of the current problems.
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A proposal byÂ members of the Board of Trustees of the Peoples Democratic Party for President Goodluck Jonathan to take over theÂ position of the chairman of Board was Tuesday morning turned down by the President.
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The police in Oyo State are investigating how an alleged bite by a housemaid, Elizabeth Fatoki, led to the death of her employerâ€™s neighbour.
The post Mother of 3 dies after housemaid’s bite appeared first on Vanguard News.
Nigerians across the country have been suffering untold hardship as fuel crisis persisted since the weekend, triggering increase in the price of food commodities, transport fare and general cost of living.
The post How fuel scarcity crippled Nigeria appeared first on Vanguard News.
Commercial activities yesterday grounded to a halt, following an hourly increase in pump prices of petroleum products to the tune of N300 per litre.
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Chief Don Etiebet, former Minister of Petroleum Resources and front-line politician in Akwa-Ibom in this interview stated few things the incoming Buhari Administration must do upon assuming office in May 29.
The post God has given Buhari to Nigeria at this time â€” Etiebet, PDP BoT member appeared first on Vanguard News.
The business community, yesterday, has called for immediate deregulation of the oil and gas downstream sector of the economy by the Buhari's government, saying it is the solution to the recurring problem of petroleum scarcity in the country.
The post Deregulation ‘ll end fuel scarcityâ€”LCCI appeared first on Vanguard News.
THE national leadership of the Nigeria Labour Congress, NLC, said yesterday that the labour movement was in support of some state chapters of the union embarking on strike over backlog of unpaid salaries by some of the outgoing governors.
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â€œIt is important to note that safety of the pension fund takes very high premium over and above returns. Nobody says you shouldnâ€™t make returns but not at the risk of losing money. So the industry is not going to throw money after risky investments,â€ Hussain stated.
The post â€˜No hurry to invest N4.6trn pension funds in infrastructureâ€™ appeared first on Vanguard News.
A first class emir that was forced out of his top Federal Government office may have joined the campaign to elect Senator Bukola Saraki as the president of the Senate.
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