NewsReports

The Central Bank of Nigeria (CBN) turned in a higher net profit for 2022, achieved amid a sharp deterioration in the credit quality of its risk assets. The bank’s financial records showed that failure to keep its relationship with the Nigerian government at arm’s length, as the banking industry regulator, put its credibility in danger. Credit loss expense for the banking regulator …

Suspends their indefinite strike Resident doctors under the aegis of the Nigerian Association of Resident Doctors (NARD) have suspended the indefinite strike of July 26. Its National President, Dr Emeka Orji, disclosed this to newsmen on Friday in Abuja According to him, a review will be made in two weeks. He said, “We just suspended the strike. Work will resume …

•urges mischief makers to desist from Attempt to widen gulf between them  Comrade Philip Shaibu, the deputy governor of Edo State has those he described as mischief makers and political jobbers of making a concerted effort to widen the gulf between him and Governor Godwin Obaseki, thereby destabilise the peace in the state. Reacting to a ‘shocking’ statement by Governor …

Members of the Oloke Family USA, one of Great Benin most prominent families in Edo State of Nigeria, are converging in Oak Lawn, a suburb of the Windy City of Chicago, Illinois for the commencement, today August 11, 2023, of their annual reunion. The reunion which will officially be declared open on Saturday August 12, 2023, is taking place at …

Edo State Government through the State’s Ministry of Physical Planning, Housing, Urban and Regional Development, has kicked off a recertification exercise for gas and petrol stations in the State. In a statement, the Permanent Secretary, Edo State Ministry of Physical Planning, Housing, Urban and Regional Development, Austin Remison, said the exercise will take place between August 9 and September 8, …

…Oba of Benin remains permanent chair of Edo State Traditional Council of Obas, Chiefs Edo State Government Executive Council has approved the implementation of a 1979 Law on local council administration, which translates to a new regime where all traditional rulers in the 18 local government areas of the state will receive monthly allowances to administer their domains. In a …

Each serving senator received not less than N2 million as allowance before proceeding on seven weeks of vacation, PREMIUM TIMES can report. A senator who requested not to be named because he was not authorised by the upper house to speak on the matter confirmed to PREMIUM TIMES that all the 109 senators were paid the allowance for the holidays, …

Some women in the early hours of Friday blocked the  Makurdi/Laafia/Abuja federal highway following the killing of five people by suspected herders in Benuie State. Sources in the area informed our correspondent that the women thronged the federal highway as early as 5am to protest the killing of five people. A source who simply identified himself as Adamgbe told our …

The Central Bank of Nigeria has released the Consolidated Financial Statements for the last seven years, making it the first time since 2015 that the apex bank will be making its book available for public scrutiny. The Consolidated Financial Statements, which were released by the CBN, are for 2016, 2017, 2018, 2019, 2020, 2021 and 2022 financial periods. The CBN …

The former Labour Party (LP) presidential aspirant, Professor Pat Utomi, has revealed his battle with the much-dreaded cancer disease. Taking to Twitter on Friday, Utomi revealed that a biopsy he conducted in the year 2022 showed that he was positive. He said that he thereafter started treatment with a cancer centre in Ikeja and on the Victoria Island (VI) in …