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Recapitalisation

NAICOM urges to extend January recapitalisation deadline for insurance firms

The Association of Registered Insurance Agents of Nigeria on Monday urged the National Insurance Commission to extend the Jan. 1, 2019 recapitalisation deadline for insurance firms.
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

FMBN seeks N500 billion recapitalisation

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr Ahmed Dangiwa, has said.

India asks Interpol to arrest fugitive billionaire

India has requested an international arrest warrant for fugitive billionaire jeweller Nirav Modi, federal police said Monday hours after reports claimed he had sought asylum in Britain.

President Buhari lauded for achievements in agric sector

Stakeholders in the agriculture sector have commended President Muhammadu Buhari’s administration for its agricultural policy, saying that agriculture is gradually regaining its position as the mainstay of the nation’s economy.

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At least 18 people including eight Somali government soldiers and 10 al-Shabaab militants were killed, and more than 13 others wounded when fighters from al-Shabaab attacked Somali National Army and African Union peacekeeping mission troops bases

Troops overrun bandits, release kidnapped victims in Zamfara

The defence headquarters said the troops of Operation Hadarin Daji deployed in Zamfara has continued to close in on the bandits in the state.
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Harry Kane opens the door for possible Manchester United move

Manchester United have been put on alert as Harry Kane has admitted he would be prepared to leave Tottenham.
President Muhammadu Buhari has ordered the restriction of movements in Nigeria’s capital city Abuja and Lagos, which are the hardest hit by coronavirus in the country.

Senator Melaye: President Buhari’s lockdown orders, outside his constitutional powers

Dino Melaye, former senator representing Kogi West Senatorial district, has reacted to President Muhammadu Buhari’s nationwide broadcast.
President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of the coronavirus.

Lagos governor reacts as President Buhari orders lockdown in three states

Governor of Lagos state, Babajide Sanwo-Olu, has instructed that Nigerians, especially those residing in Lagos should abide by President Muhammadu Buhari’s orders.

Residents flee as one dies in pro-Juma’at riot in Katsina community

Kusada town in Katsina State was deserted on Sunday as many residents were reported to have fled to avoid being arrested in connection with Saturday’s riot during which one person lost his life while a police station, the divisional police officer official quarters and seven vehicles as well as 10 motorcycles were burnt.