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Military Recovers Over N765m From Oil Thieves, Kills 197 Terrorists in 7 Days

By Tony Obiechina, Abuja The Military High Command on Thursday disclosed that it recovered a total of 728,360 litres of stolen crude oil and 143,450 litres of illegally refined AGO and other related products, valued N765,654,100.00 from oil thieves in past seven days. The Director of Defence Information, Maj.-Gen. Edward Buba disclosed this at a

Defence Minister Vows to Curb Illegal Bunkering, Pipeline Vandalism, Others

By Tony Obiechina, Abuja The Minister of Defence, Mohammed Badaru Abubakar has restated Government's commitment to tackle the challenges facing the nation such as illegal bunkering, pipeline vandalism, piracy, illegal fishing, and water trespassing, among others. Speaking at the graduation ceremony of the Maritime Security Unit of the Deep Blue Project in 5 Battalion Nigerian

Hard times: Indigent Workers Now Rely on Loans to Survive – MODACS President

By Tony Obiechina, Abuja The President of Ministry of Defence Staff Agricultural Cooperative Society (MODACS), Dr Edache Adigwu has disclosed that owing to the present harsh economic situation in the country members of the group now resort to loan taking to survive. He stated this while addressing the 12th Annual General Meeting (AGM) of the

Don t Scare Investors From Your State, Group Warns Niger Government

By Tony Obiechina, Abuja A group- Access to Seamless Business in Nigeria(ASBIN) has warned that investors' appetite in Niger State may drop significantly unless the state government embraces good business ethics and encourages investors operating in the state. It said the use of thuggery and intimidation by the state government in its relationship with investors

CBN Denies plans to revoke licences of 3 additional banks

By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has described as false allegations that it plans to withdraw the licenses of three additional banks namely, Unity, Polaris and Keystone. The Bank had on Monday revoked the operational licenses of Heritage Bank and directed Nigeria Deposit Insurance Corporation NDIC to liquidation process of the

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