In the wake of her 30th Anniversary, Abbey Mortgage Bank Plc announces the appointment of her MD/CEO Mr. Madu Hamman by President Muhammed Buhari, as the new MD of Federal Mortgage Bank, the apex Mortgage Bank in Nigeria. Mr. Madu Hamman has over 34 years of banking experience in Mortgage and Credit Analysis, Banking Operations,…
President of the Senate, Ahmad Lawan, has urged the police and all relevant law enforcement agencies to investigate the death of gospel artiste, Mrs. Osinachi Nwachukwu. Lawan made the call in his remarks moments before the Senate held a minute silence in honour of the deceased. According to him, the life of every Nigerian citizen…
The Lagos State Government, in conjunction with LASACO Assurance PLC, has presented cheques worth N585,191,875.52 to 277 beneficiaries of deceased public servants, who died while in active service of the State Government. Addressing the beneficiaries at the presentation ceremony, the Head of Service, Mr. Hakeem Muri-Okunola, stated that the payment of death benefits to the…
The Senate has received the Money Laundering Bill and Terrorism Prevention Bill transmitted by President Muhammadu Buhari for expeditious consideration and passage. The bills were accompanied with a letter read at the start of plenary on Thursday by the Senate President, Ahamad Lawan. President Buhari, in a letter dated 12th April, 2022, said the request…
The 81 Division Nigerian Army Military Police Personnel have arrested over 12 suspected impostors fully dressed in military camouflage uniforms portraying the Nigerian Army in bad light during OPERATION CHECKMATE within Lagos and Ogun States. A statement by the division’s spokesperson, Major Olaniyi Osoba, on Wednesday, said the suspects were paraded for the offence. Osoba…
The Nigeria Customs FCT Area Command said it has collected revenue to the tune of N999,535,066.76 from January-March, 2022. This shows a significant increase of N213 Million as against 786 Million naira collected in the corresponding months of the year 2021 representing 21.4% increase in revenue collection. The Area Controller of the FCT Command, Comptroller…
Members of the House of Representatives have again voiced their unhappiness over frequent killings by bandits and terrorist groups in the country, calling on the Federal Government to secure the services of mercenaries to supplement the efforts of security agencies in containing the situation. The lawmakers also renewed their call on President Muhammadu Buhari to…
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, charted a new course for real estate investment in Nigeria. The financial institution was appointed to manage a real estate investment trust scheme, UPDC REIT, as confirmed by the Security and Exchange Commission (SEC) in May 2021. The UPDC Real Estate Investment Trust (UPDC…
The Federal Government has rejected the 2021 annual World Press Freedom Index that characterized Nigeria as a country not conducive to the practice of journalism, saying Nigerian press remains among the most vibrant and freest in the world. The Minister of Information and Culture, Alhaji Lai Mohammed, announced the rejection Tuesday in Abuja when he…
The Federal Government has declared Friday, April 15 and Monday, April 18, 2022, which are Good Friday and Easter Monday as public holidays, to mark this year’s Easter celebration. Minister of Interior, Rauf Aregbesola, made this known in a statement by the Permanent Secretary of the Ministry, Dr. Shuaib Belgore, on Tuesday. Aregbesola, while speaking,…