Yemisi Izuora The Nigerian Deposit Insurance Corporation, (NDIC), Alhaji Umaru Ibrahim, has paid N105 billion to 442,615 depositors of closed Deposit Money Banks end of September 2017. The Managing Director, NDIC who made the disclosure said the corporation has paid a cumulative sum of N2.88 billion to 525,009 depositors of closed microfinance banks as well as N60m to 756 depositors of closed Primary Mortgage Banks. Speaking at the NDIC Special Day at the ongoing 38th Kano International Trade Fair in Kano, with the theme, ‘Reinvigoration of Micro, Small and Medium Enterprises: A Key for Effective Development of the Nigerian Economy’,…
Author: Orientalnews Staff
Yemisi Izuora MED-VIEW Airline passengers on the Lagos-Dubai route come December 7, 2017 will enjoy the airline’s incredible tourist packages services as well as huge baggage allowance on board its flight. The airline CEO, Alhaji Muneer Bankole made this known while revealing that it has concluded all arrangements for December 7 Inaugural Flight to Dubai from Lagos via Abuja. He said the airline package for tourists to Dubai include air fare, Visa, Accommodation and tour guides at reasonable rates, adding that there are various packages for traders and business travellers. Bankole said economy passengers will enjoy a 2-piece baggage allowance of…
Yemisi Izuora The stage is set for the rollout of the Digitial Switch Over (DSO) in Kwara State, following the inspection visit to the facilities of the Integrated Television Services (ITS), a Signal Distributor, in Ilorin on Friday by the Minister of Information and Culture, Alhaji Lai Mohammed. The Minister led a team that included the Director-General of the National Broadcasting Commission (NBC), Malam Ishaq Modibbo Kawu, and the Chairman of Digiteam Nigeria, Mr. Edward Amana, to the ITS’ facilities to gauge the readiness for the rollout. Following the inspection, the Chairman of Digiteam said: “We are ready to take…
Yemisi Izuora The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. In view of the foregoing, the SEC Nigeria, wishes to assure the investing public and all stakeholders, local and international, of its commitment to ensuring an uninterrupted and orderly operation of the market and the regulation thereof. Accordingly, the Commission is poised to continue to ensure the stability of the Nigerian capital market and sustain the all-time…
Yemisi Izuora The Federal Government has given the assurances that it is on top of security situation to deal with any possible terror attack in the Federal Capital Territory (FCT) and elsewhere around the country, saying there is no cause for alarm despite the latest travel advisories by some Western countries. In a statement issued in Abuja by his Special Adviser Segun Adeyemi, the Minister of Information and Culture, Alhaji Lai Mohammed, said the security agencies have not let down their guard, despite the fact that there has been no terror attack in the FCT since the Buhari Administration assumed…
Yemisi Izuora Air Peace has pledged a seamless and exciting air travel experience for passengers as it begins flight operations on the Abuja-Uyo-Abuja route from December 7. A statement signed by the carrier’s Corporate Communications Manager, Mr. Chris Iwarah confirmed that the airline will now fly daily from Abuja to Uyo and Uyo to Abuja. The new flights, Air Peace said, will complement its Lagos-Uyo-Lagos service and afford members of the flying public more options to choose from in making their business and leisure trips. The carrier said the new service was in response to the yearnings of air travellers…
Hyacinth Chinweuba Alhaji Ladan Baba, the Coordinator of the National Youth Service Corps (NYSC) in Kano has denied clash between soldiers and some corps members in the orientation camp at Karaye Local Government Area of the state. A statement by Aliyu Ahmed,the NYSC public relations officer in Kano denied the report. According to the Coordinator, there was also no any clash between the military, Paramilitary and the corps members as reported. “The attention of the Management of the NYSC has been drawn to news reports of skirmishes between a group of Corps members and the Camp…
Hyacinth Chinweuba The Police in Ogun has arraigned 10 men before the Ota Magistrates ‘s Court for unlawful possession of firearms. The accused persons include Tajudeen Toyin (60), Segun Bello (48) ,Lateef Monsuru (31) and seven others. They are standing trial on two-count charge of threat to life and unlawful possession of firearms. The Prosecutor, Cpl. Abdulkareem Mustapha, told the court that the defendant and others now at large, committed the offences on November 9 at Kajola Village, Atan, Ota, Ogun. Abdulkareem said that the defendants were caught by the police with a locally made…
Hyacinth Chinweuba The Osun State Police Command has arrested a 25-year-old undergraduate student of the Adekunle Ajasin University, Ondo, Joseph Mark, for allegedly beheading his mother, Mrs. Christianah Mark. The command’s Public Relations Officer, Folashade Odoro, told journalists in Osogbo that the incident happened at 6:30 a.m. at No 25, Zone 5, Ajetomobi Street, Eko-Ende Road, Ikirun, Osun, on Sunday. According to Odoro, the father of the suspect, Mr. Adewale Mark, reported the incident to Ikirun Divisional Police station. She said the father explained that he left his house 5:30 a.m. to visit his friend at…
Hyacinth Chinweuba A 36-year-old man, Tunde Adewole, has been arraigned by the Police before an Ado-Ekiti Chief Magistrates’ Court for allegedly posing as an officer of the Nigeria Customs Service (NCS). Adewole is also standing trial for alleged forgery and fraud. The Police prosecutor, Johnson Okunade, told the Court that the defendant and others at large committed the offence on June 20 at about 1000hrs at Egbewa Street, in Ado-Ekiti. He alleged that the accused and others at large committed felony to with impersonation by representing himself as a Customs officer, which he is not. Okunade also alleged…