EFCC Warns Banks Against Unsecured Loans in Lagos

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC,  Mr. Ola Olukoyede, has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead to insider abuse and non-performing loans. Olukoyede issued the warning recently when he received the Chief Audit Executive of First Bank Plc, Mufutau Olawale Abiola,…

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International Watchers Urge Support for Allen Onyema, Hail His Patriotism and National Impact

A diaspora-based group, The International Watchers, has called on the Federal Government to provide stronger institutional support for indigenous investors, singling out Air Peace Chief Executive Officer, Allen Onyema, as a model of patriotism and national service. Chairman of the group, Dr Olusegun Adebola, who made the call in a statement, said Onyema embodies the…

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Diaspora Group Commends Allen Onyema Over Global Humanitarian Interventions

A concerned group of Nigerians in the diaspora, the International Watchers, has singled out Air Peace Chief Executive Officer, Allen Onyema, for praise over what they describe as his consistent humanitarian support for Nigerians across the world. In a statement made available to journalists, the group noted that Onyema’s interventions have, over the years, bridged…

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Utesi Community Accuses Chinese Firm of Road Damage, Seeks Government Intervention

By Choice Ebuwa Utesi Community in Ikpoba Okha Local Government Area has accused a Chinese company operating in the area of destroying its road infrastructure with heavy-duty trucks. Spokesman of the community, Comrade Friday Aiguokhian, who doubles as the President, Sawmillers Association, Edo state chapter, told NewsnowNg that the affected road was constructed by the…

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NDLEA Launches Alternative Development Project to Shift Cannabis Growers to Legal Farming

The National Drug Enforcement Agency (NDLEA) has launched an Alternative Development Pilot Project aimed at ending illicit cannabis cultivation by providing affected communities with sustainable and legal livelihood options. The initiative was unveiled on Tuesday in Akure, Ondo State, at a town hall meeting attended by national stakeholders, international development partners, traditional rulers and community…

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Nigeria, Italy Set to Strengthen Bilateral Ties, Tackle Migration, Security Challenges

Nigeria and Italy have expressed renewed commitment to strengthening bilateral relations, with a focus on addressing irregular migration, insecurity, counter-terrorism, and expanding economic cooperation. The Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made this known in Abuja on Monday during a courtesy visit by the Italian Ambassador to Nigeria, Mr. Roberto Mengoni. Odumegwu-Ojukwu…

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Tinubu cheers NGX’s ₦100trn boom, calls for greater local investment

President Bola Tinubu has commended corporate Nigeria, citizens, and capital market stakeholders for propelling the Nigerian Exchange, NGX, surpassing the historic ₦100 trillion market capitalization milestone. The President described this achievement as a powerful inspiration for investors in the money and capital markets. President Tinubu in a statement by his spokesman, Bayo Onanuga, called on…

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Forest Reserve: Okpebholo Broker Peace Between Host Communities, Investors

Edo state Governor Monday Okpebholo has brokered peace between host communities and investors on the use of government forest reserve land for agricultural purposes and investors. The governor, who was represented by his deputy, Hon Dennis Idahosa, appealed to the various stakeholders to always tow the line of peace at all times Okpebholo noted that…

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