Editorial Team

BREAKING: Terrorists Invade Kwara Community, Kill Resident, Abduct Others As Security Operatives Engage In Firefight

A resident was killed and two abducted victims were rescued after suspected terrorists invaded Aboki Community in Kaiama Local Government Area of Kwara State and launched an attack on residents before being confronted by security operatives and local vigilantes. SaharaReporters gathered that the incident occurred on Tuesday when the armed terrorists stormed the community, creating…

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NDIC Commences Claims Settlement For Depositors Of Failed Microfinance Banks

NDIC Commences Claims Settlement For Depositors Of Failed Microfinance Banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the settlement of insured deposit claims for customers of the 46 microfinance banks whose operating licences were revoked by the Central Bank of Nigeria (CBN), deploying electronic payment channels to accelerate reimbursements. Managing Director and Chief Executive of the NDIC, Mr. Thompson Sunday, disclosed this on the…

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Democrat Push To Hike Taxes On Energy Companies Will Help No One, Analysts Warn

Oil industry advocates are blasting Democratic proposals to hike taxes on major oil companies, arguing that they would punish shareholders without lowering fuel prices. Pro-oil advocates say congressional Democrats’ recent legislative push would punish investors in oil and gas companies without providing relief at the pump. Instead, they argue the higher tax burden would discourage…

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