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UBA, Zenith, seven others grow customer deposits to N30 81tn

UBA, Zenith, seven others grow customer deposits to N30 81tn
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Army Arrests 13 Suspected Boko Haram Members in Kano Mosque

Dike Onwuamaeze in Lagos and Ibrahim Shuaibu in Kano Troops of the 3rd Brigade of the Nigerian Army in Kano have raided Filin Lazio in Hotoro quarters of Nassarawa Local Government Area of Kano State and arrested 13 suspected members of Boko Haram. The arrest came just as the Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane, has estimated that 400 Nigerians were killed in April by suspected Boko Haram insurgents, bandits, herdsmen and other non-state actors. A source, who spoke on condition of anonymity, told journalists yesterday that the military operation in Kano was carried out while the Muslim faithful were breaking their Ramadan fast.

Bauchi Gov: NNPC Zero Remittance to FAAC, Recipe for Crisis

Obinna Chima, Dike Onwuamaeze in Lagos, Chuks Okocha and James Emejo in Abuja Bauchi State Governor, Senator Bala Mohammed, yesterday warned that Nigeria will be in chaos and financial hardship if the NNPC does not rethink its decision to make zero remittance to the Federation Account in April because of the need to defray the cost of petrol subsidy. The NNPC had in a letter to the Accountant-General of the Federation warned that it would be unable to make any remittance to the central account of the federation for distribution in May because it needed to defray around N111 billion cost of February’s subsidy on petrol.

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