South Africa's Goalkeeper Senzo Meyiwa Shot Dead

Senzo Meyiwa

The suspects, whose personalities are yet to be identified, stormed the house but managed to run away after the shooting.
Meyiwa’s teammates expressed shock over the loss of their 27-year-old colleague.

Goodluck And Patience Jonathan Reply To Amaechi

The allegations recently posed by Rivers State governor Rotimi Amaechi against President Goodluck Jonathan and First Lady Patience Jonathan did not remain unnoticed, as a both top officials immediately reacted.

Governor Amaechi

It would be recalled that on Saturday Amaechi accused Jonathan and his administration of failure to implement the projects initiated by the governor, of encouraging corruption. Moreover, the politician insisted that his problems with Dame Patience started when he refused to share “Rivers peoples money ” with her.

FIFA shortlists Dedevbo for Coach of the Year Award

Nigeria U-20 W o m e n ’ s team(Falconets) Chief Coach, Peter Dedevbo has been named as a contender for the FIFA World Coach of the Year Award.

Why I didn’t ban Okada –Obi

Former governor of Anambra State, Mr. Peter Obi, has said the state’s socio-economic indices do not support the ban of Okada as a means of transporta­tion in the state.

Crisis in Abia PDP: Orji dragged to court over congress

An imminent crisis is brewing in the Peoples Democratic Party (PDP) in Abia State as the legality of the state Congress Committee has become a matter of liti­gation in court.

Dangote, Fashola for Lagos NIPR stakeholders’ conference

The Lagos State chapter of the Ni­gerian Institute of Public Rela­tions (NIPR) will hold its first annual stakeholders’ conference on Friday at the MUSON Centre in Onikan, Lagos with the Theme: Effective Stake­holders’ Engagement and Corporate Profitability.

Banks and nonperforming loans

The recent disclosure by the Central Bank of Nigeria (CBN) that the nation’s commercial banks recorded N400.57 billion in their Non-Performing Loans (NPLs) portfolio is disturbing. Such
huge bad debts have far-reaching implications on the solvency and profitability of the banks.
A statement by Dr. Sarah Alade, Deputy Governor, Economic Policy at the CBN revealed that the bad debts were recorded between August 2013 and August this year. This figure indicates an increase of N56.31bn or 16.36 percent, up from N344.26bn recorded within the same period last year. The statistics also show that gross loans by the banks increased by 21.03 percent from N9.278trn in August last year, to N11.229trn in August this year.