Tuesday, 11 October 2016

NigerianEye: “Nigerian banks in credit crisis” plus 29 more

NigerianEye: “Nigerian banks in credit crisis” plus 29 more


Nigerian banks in credit crisis

Posted: 10 Oct 2016 11:06 PM PDT

Some Nigerian banks may have been experiencing a "full-blown financial crisis" due to a cash crunch arising from "failed fiscal and monetary policies", according to a report. But the Arqaam...

DSS frees arrested judges

Posted: 10 Oct 2016 11:06 PM PDT

The Department of State Service, DSS has released all the judges arrested over corruption during a nationwide sweep. A DSS source to NE that the seven arrested judges were, Sunday, released on...

Obasanjo holds lips after visiting President Buhari in Aso-Villa

Posted: 10 Oct 2016 11:07 PM PDT

President Muhammadu Buhari on Monday met behind closed doors with former President Olusegun Obasanjo. The meeting, which was held inside the President's office at the Presidential Villa, Abuja...

Niger-Delta militants plotting to colonise Nigeria

Posted: 10 Oct 2016 11:08 PM PDT

President Muhammadu Buhari said yesterday that the objective of the militancy in the Niger Delta region is to colonise Nigeria economically. He spoke on Monday during an audience with the Foreign...

Nigerians warned to stay off MMM 'scam'

Posted: 10 Oct 2016 11:10 PM PDT

Sequel to the crash of the Mavrodi Mondial Moneybox scheme in Zimbabwe popularly known as MMM, the UK Independent newspaper has warned Africans against investing their money into the Ponzi...

I don’t want to go to prison eighth time – Man cries out

Posted: 10 Oct 2016 11:03 PM PDT

A seven-time convict, Emmanuel Oyewunmi, has been arrested by operatives of the Rapid Response Squad of the Lagos State Police Command for allegedly stealing from a driver and a passenger. The...

Christians shouldn’t seek revenge - Osinbajo

Posted: 10 Oct 2016 10:59 PM PDT

The Vice-President, Prof. Yemi Osinbajo (SAN), has called on Christians not to seek revenge, no matter the circumstances they find themselves, saying they should come together to build a united...

Femi Falana to EFCC - 'Go after past CBN governors'

Posted: 10 Oct 2016 10:52 PM PDT

A human rights lawyer, Mr. Femi Falana, has said that he will apply for an order of Mandamus to compel the Economic and Financial Crimes Commission to investigate and prosecute the Deposit Money...

Price of rice will drop next month - FG

Posted: 10 Oct 2016 10:49 PM PDT

The Federal Government on Monday declared that the price of rice would start to fall from November this year. It stated that more Nigerians had returned to their various farms, adding that at the...

Northern leaders to Buhari - 'There’s hunger, starvation in the land'

Posted: 10 Oct 2016 11:12 PM PDT

Northern leaders gathered on Monday in Kaduna, the Kaduna State capital and told President Muhammadu Buhari to work harder at fixing the nation's economy because there was hunger and starvation in...

Nigerian Judges shun courts in solidarity with arrested colleagues

Posted: 10 Oct 2016 10:36 PM PDT

Judges of the Federal High Court in Abuja yesterday shunned courts in solidarity with one of their colleagues arrested by the Department of State Services (DSS). Justice Adeniyi Ademola, who was...

Economic Recession over dramatised – Okorocha

Posted: 10 Oct 2016 01:43 PM PDT

Governor Rochas Okorocha of Imo State, has expressed worry at the way Nigerians are over dramatizing the current economic recession. The Governor made his feelings known Monday, when he hosted to a...

154 Nigerians return from Libya

Posted: 10 Oct 2016 01:40 PM PDT

A Libyan Airline aircraft with registration number 5A-LAT on Monday arrived the Murtala Muhammed International Airport , Lagos, with 154 Nigerians who had been stranded in Libya. The spokesperson...

IN PICTURES: Obasanjo meets Buhari in Aso-Rock

Posted: 10 Oct 2016 01:12 PM PDT

President Muhammadu Buhari on Monday met behind closed doors with former President Olusegun Obasanjo. The meeting which was held inside the President's office at the Presidential Villa, Abuja lasted...

PICTURES: NSA hands over two aircraft from presidential fleet to NAF

Posted: 10 Oct 2016 01:05 PM PDT

The National Security Adviser, Maj. Gen. Babagana Monguno (retd), has handed over two aircraft in the Presidential fleet to the Nigerian Air Force. Monguno handed over the two aircraft, Augusta...

Naira consolidates gain against dollar

Posted: 10 Oct 2016 12:51 PM PDT

The Naira on Monday consolidated its gain against the dollar at the Forex market. Since the resumption of the sale of Diaspora remittances to Bureau De Change by Travelex, the Naira had continued...

Trump’s female supporters undaunted by lewd remarks

Posted: 10 Oct 2016 12:47 PM PDT

Donald Trump has used the words "slob," "fat pig" and "dog" to describe women who have challenged him. Last week, a 2005 video emerged in which he boasts that his stardom allows him to grope women at...

FG determined to diversify economy, says Buhari

Posted: 10 Oct 2016 12:45 PM PDT

President Muhammadu Buhari has reiterated the determination of his administration to diversify the economy through increased local production of goods and services. President Buhari reiterated...

36 Nigerian drivers sent to Psychiatric hospital for beating traffic light

Posted: 10 Oct 2016 12:39 PM PDT

Thirty six drivers in Abuja have been subjected to psychiatric evaluation for beating traffic lights in the Federal Capital Territory. All the drivers that where conveyed to the hospital in...

Jonathan’s minister backs arrest of judges

Posted: 10 Oct 2016 12:32 PM PDT

Former Minister of State for Education, Olorungun Kenneth Gbagi, on Monday, said that the operation of Department of State Service (DSS) that led to the arrest of some judges was...

‘I’ll no longer defend Trump’

Posted: 10 Oct 2016 12:27 PM PDT

Speaker of the United States House of Representatives Paul Ryan (Republican) On Monday said that he would no longer defend presidential candidate Donald Trump, U.S. media reported. In a conference...

NJC to hold emergency meeting over DSS raid on judges

Posted: 10 Oct 2016 09:49 AM PDT

Nigerian judges will hold emergency talks Tuesday following the "deeply regrettable" detention of several judges by secret police in a corruption probe, the country's chief justice said Monday. At...

Rooney’s 6-Year-Old Son Signed By Manchester United

Posted: 10 Oct 2016 09:49 AM PDT

Manchester United football club has signed Wayne Rooney's six-year-old son Kai Rooney to it's youth development squad. Wayne Rooney has been taking Kai to training at Carrington alongside fellow...

80-year-old man, son, grandson arrested over alleged serial rape of a 10-year-old orphan

Posted: 10 Oct 2016 09:36 AM PDT

An 84-year old man, Muazu Isa, his son and grandchild, have been arraigned before a Magistrates' Court in Kaduna, over alleged serial rape of a 10-year-old orphan. The prosecutor, Insp. Anthony...

Mourinho is not as arrogant as Guardiola - Lucescu

Posted: 10 Oct 2016 09:03 AM PDT

Pep Guardiola is more arrogant than his Manchester rival Jose Mourinho, according to veteran Zenit St Petersburg coach Mircea Lucescu. United boss Mourinho is often accused of possessing a large...

IN PICTURES: Police parade kidnappers of CBN Governor’s wife, display huge money, items recovered

Posted: 10 Oct 2016 08:59 AM PDT

The Nigerian Police force have, Monday, paraded Nine Kidnappers of CBN Governor's Wife, and displayed huge amount of money as well as items recovered from them. Gang of Nine (9) Men Kidnappers...

Buhari donates two presidential aircraft to war against Boko Haram

Posted: 10 Oct 2016 08:42 AM PDT

Two aircraft from the presidential fleet have been handed over to the Nigerian air force, six days after two jets from the same fleet were put up for sale. At the handover ceremony on Monday,...

Super Eagles’ coaches must work on deficiencies after Zambia game - Baraje

Posted: 10 Oct 2016 08:40 AM PDT

Plateau United coach, Zachary Baraje wants coach Gernot Rohr and his technical crew to work on the deficiencies noticed in the Super Eagles' victory against Zambia. Collins Mbesuma's second half...

No conflict between CBN, finance ministry, say Emefiele, Kemi Adeosun

Posted: 10 Oct 2016 08:35 AM PDT

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says there is no disharmony between the bank and ministry of finance. Speaking at a press briefing in WashingtonEmefiele said both...

Confusion in Imo as thugs stop evacuation of refuse

Posted: 10 Oct 2016 08:33 AM PDT

Some thugs on Monday stopped the evacuation of the over one month dumped refuse along Douglas Road, Owerri in the state. The drama started when the member representing Owerri Federal Constituency...

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