Tag: Months
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22-year-old man defrauds 170 people of N10.7bn in months using fake investment schemes
The Nigerian police have arraigned a young man, Joshua Adeyinka Kayode, (22), before a Federal High Court sitting in Lagos, for allegedly using a fake investment scheme to defraud 170 people to the tune of N10.7 billion. He was arraigned on Thursday before Justice Tijjani Ringim on 170 counts of conspiracy and obtaining money by…
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New $1.3bn fertiliser plant ready in months – Buhari
A new basic chemicals platform worth $1.3b that will produce ammonia and fertilisers in Nigeria will be ready for commissioning in the coming months, President Muhammadu Buhari said on Thursday. He made the disclosure at an audience with members of the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) in Abuja. “His Majesty, the King…
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Home of Horror: Man chains his two wives, tortures them for months
The Katsina State Police Command has arrested a man identified as Samaila Musa, 30, for chaining and brutalising his two wives for months. The Police Public Relations Officer, SP Gambo Isah, who made this known on Tuesday in Katsina, said the suspect was arrested following a tip-off. He said that Musa lived in Yan-Nabayye village…
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Nigerian clinic records 430 cases of snakebite in 8 months
The Zamko Comprehensive Medical Centre, Langtang in Plateau State, has recorded 430 cases of snake bites in the last eight months, according to its medical officer, Dr. Nyam Azi. Azi told newsmen in Langtang on Thursday that nine of the patients lost their lives, while some were still being treated. He said that the hospital…
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CBN lends banks N27.6tr in six months – Report
Commercial Banks borrowed N27.46 trillion from the Central Bank of Nigeria (CBN) in six months, data from the apex bank’s half year report on financial sector performances released on Tuesday shows. The 2017 half-year Financial Markets Activity Report, said loans came in the form of Standing Lending Facility (SLF), including the Intra-day Lending Facilities (ILF).…
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Zenith Bank declares N75.32bn profit in 6 months
Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30. This is available in the company’s half year result released by the Nigerian Stock Exchange (NSE) on Thursday. The report showed that the profit-after-tax increased by 112.35 per cent when compared with N35.47 billion posted…
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JUST IN: Justice Ademola resumes sitting
Justice Adeniyi Ademola of the Federal High Court, Abuja, resumed sitting on Wednesday after eight months as was directed by the National Judicial Council (NJC). TheNewsGuru.com reports that Ademola, his wife and his lawyer Mr Joe Agi (SAN), were arraigned on Dec. 13, 2016, on an 18- count charge of criminal conspiracy to receive gratification…