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Nigeria Imports N1.62trn Petrol In Nine Months

Nigeria Imports N1.62trn Petrol In Nine Months         Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National Bureau of Statistics have shown. The country spent N1.72tn on petrol imports in the...

Senate Passes N453.2bn NDDC’s 2020 Budget

Senate Passes N453.2bn NDDC’s 2020 Budget         The Senate on Monday passed the sum of N453,200,000,000.00 as the budget of the Niger Delta Development Commission (NDDC) for the 2020 fiscal year. This followed the presentation of the report of the Senate Committee on Niger Delta Affairs by...

CBN Revokes 42 Microfinance Banks’ Operating Licences

CBN Revokes 42 Microfinance Banks’ Operating Licences         The Central Bank of Nigeria has revoked the operating licences of 42 microfinance banks in the country. The Nigeria Deposit Insurance Corporation disclosed this on Friday in an announcement on its website titled ‘Notice of closure of 42 microfinance...

Ali Nuhu Releases Action-Packed thriller “Bana Bakwai”

Ali Nuhu Releases Action-Packed thriller “Bana Bakwai”     With a Global pandemic, 2020 has not been a remarkable year for enterprising experience and could easily be described as one of the most unpredictable and disrupted year in film history, but just as the year is set to...

Insecurity in North West Nigeria: Armed Banditry or Jihadist Expansionism? 

Insecurity in North West Nigeria: Armed Banditry or Jihadist Expansionism?  By Abdulhaleem Ishaq Ringim       North West Nigeria has for the past four to five decades suffered from waves of crisis and violence. The trajectory of such violence started with ethno-religious clashes and moved through electoral violence,...

Katsina, New Haven of Terror-Banditry in Nigeria?

Katsina, New Haven of Terror-Banditry in Nigeria? By Yushau A. Shuaib Was it not strange that the abduction of Kankara boys occurred on the day President Muhammadu Buhari arrived Daura, his hometown, in Katsina State, on a private visit? It is even more curious that the...