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Pre-crisis Fundamentals

The recent declaration by the court that N50 stamp duty on teller deposits or electronic transfer of funds is illegal is in order, frontline Lagos Lawyer, Fred Nzeako, has said.

Energy firms’ bank debts rise to N5.94 trillion

The debts owed to Nigerian banks by oil and gas operators as well as power companies in the country rose to N5.94tn at the end of 2020 from N5.25tn in December 2019.
FILE PHOTO - Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS-Brendan McDermid

Analysts foresee faster economic recovery as oil price hits $60

Analysts yesterday forecasted a faster economic recovery for Nigeria as crude oil prices, at $60 per barrel, hit a new high since February 2020.

IMF: Nigeria’s economic outlook remains challenging

The International Monetary Fund (IMF) says that Nigeria’s outlook remains challenging and charged the federal government to urgently undertake policy adjustments.

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Leicester City veteran Wes Morgan admits winning the FA Cup may be the ideal way to say goodbye to the club.

Wes Morgan hints at leaving Leicester after FA Cup triumph

Leicester City veteran Wes Morgan admits winning the FA Cup may be the ideal way to say goodbye to the club.

Fire guts INEC headquarters in Enugu

The Independent National Electoral Commission (INEC) headquarters in Enugu was on Sunday night gutted by fire barely one week after the office in Obollo-Afor, Udenu was razed.
Sheikh Ahmad Gumi says the easiest and safest way to end insecurity in the north is to negotiate peace with the bandits that have turned the region into a killing field.

Sheikh Gumi: Many Boko Haram commanders willing to surrender

Kaduna-based Islamic cleric, Sheikh Ahmad Gumi, has revealed that several Boko Haram commanders are willing to surrender and urged the federal government to use proper engagement to negotiate with the group.
Paris St Germain clung on to their hopes of winning a fourth consecutive Ligue 1 title with a 4-0 home win against 10-man Stade de Reims as Lille’s lead was cut to a single point with one game remaining on Sunday.

Ligue 1: PSG cling on to title hopes as leaders Lille held

Paris St Germain clung on to their hopes of winning a fourth consecutive Ligue 1 title with a 4-0 home win against 10-man Stade de Reims as Lille’s lead was cut to a single point with one game remaining on Sunday.

Edwin Clark cautions against agitation for Nigeria’s break-up

An elder statesman and former Minister of Information, Chief Edwin Clark, has cautioned against calls for secession in some parts of the country.

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Chelsea defender Ben Chilwell says the team faces difficult matches ahead, starting from Saturday’s FA Cup against Leicester City.

Ben Chilwell relishes FA Cup final against Leicester City

Chelsea defender Ben Chilwell says the team faces difficult matches ahead, starting from Saturday’s FA Cup against Leicester City.
The Imo state police command, yesterday said that it has arrested two suspected inmates of Owerri Correctional Center, believed to be among the over 1,800 inmates who escaped when the “unknown gunmen” attacked the Correctional facility last month.

Two Imo ‘prison inmates’ arrested with AK47 rifle

The Imo state police command, yesterday said that it has arrested two suspected inmates of Owerri Correctional Center, believed to be among the over 1,800 inmates who escaped when the “unknown gunmen” attacked the Correctional facility last month.
The Nasarawa State Government has begun the vaccination of its frontline medical workers against the COVID-19 pandemic.

Ekiti receives 40,000 doses of coronavirus vaccines

Ekiti State Government has taken delivery of another 40,000 doses of AstraZeneca vaccines from the National Primary Health Care Development Agency (NPHCDA).
Rivers State Governor, Nyesom Wike, has declared that Southern governors’ irrevocable decision on open grazing and others issues must be respected.

Rivers governor: Southern governors’ decision on opening grazing, others irrevocable

Rivers State Governor, Nyesom Wike, has declared that Southern governors’ irrevocable decision on open grazing and others issues must be respected.
Officials of the Nigerian Security and Civil Defence Corps (NSCDC) in Kaduna State on Thursday rescued eight kidnap victims during an operation in the state capital.

NSCDC recovers stolen vehicle in Ebonyi

The Nigerian Security and Civil Defence Corps (NSCDC), Ebonyi command, said it has recovered a stolen vehicle on Idembia-Okoffia road in Ezza South Local Government Area of the state.