NEWS

Lack of appropriate marking caused Rann’s bombardment – DHQ

Daily Dispatch July 21, 2017

Defence Headquarters has explained that “lack of appropriate marking’’ caused the mistaken air strike by the Nigerian Air Force on Rann in Borno, where a number of Internally Displaced Persons (IDPs) were killed. The incident occurred on Jan. 17 at Rann, headquarters of Kala Balge Local

NEWS

Warri church where single ladies queue up behind men of their choice to propose marriage [VIDEO]

Daily Dispatch July 21, 2017

The Founder and General Overseer of Christ Mercyland Deliverance Ministry, in Warri, Delta State, Prophet Jeremiah Omoto Fufeyin, shocked his congregation when his prophecy took a different turn as he called out single men and women in his church and asked them to select their partners from among themselves. During the selection, long queues emerged […]

BUSINESS

Sterling Bank writes FG over $46.5 million due to state

Daily Dispatch July 21, 2017

Sterling Bank has written to the government’s accountant to say it has not withheld $46.5 million the government says it should hand over. A Nigerian court has ordered seven local banks, including Sterling Bank, to transfer a combined $793 million to the government immediately, and a government lawyer said on Thursday the lenders had withheld money […]

BUSINESS

CBN sells treasuries above inflation to attract forex flows

Daily Dispatch July 21, 2017

Nigeria’s central bank offered six-and 12-month treasuries at yields higher than the country’s inflation rate on Friday to lure yield-hungry investors and attract dollar inflows, traders said. Severe dollar shortages have been a hallmark of Nigeria’s recession, now in its second year. The downturn was brought on mainly by lower prices for oil, the

NEWS

Bank manager on trial over N40m theft

Daily Dispatch July 21, 2017

A bank manager, Elliot Abiodun, who allegedly stole $110,000 (N40 million) from Sterling Bank, was on Friday arraigned before an Igbosere Magistrates’ Court in Lagos. Abiodun, whose residential address was not given, is standing trial on a two-count bordering on conspiracy and stealing. The Prosecutor, Sgt. Friday Mameh, told the court that the accused committed […]

TOP STORIES

Northern Elders Forum warns agents of disunity in the region to desist from it

Daily Dispatch July 21, 2017

Northern elders in Nigeria have warned those fanning the embers of disunity in the country to immediately desist from it. Under the Northern Elders Forum, the leaders in the region said Nigeria cannot break-up and that they were committed to this unity which started since 1914. While cautioning against the quit notice issued to Igbo […]