The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) is taking a meticulous and strategic approach to the recent directives from the Central Bank of Nigeria (CBN) regarding the recapitalization of banks in the nation. In a statement released on Monday, NACCIMA highlighted its intention to thoroughly engage with key stakeholders and await the complete policy framework’s release before formulating a comprehensive response. NACCIMA’s National President, Dele Oye, underscored the importance of prudence and detailed analysis given the significance of the policy shift within the banking sector and its potential macroeconomic ramifications. Oye emphasized, “It is imperative…
Author: Platform Times Newspaper
The Borno State Police Command has apprehended eight suspects linked to the tragic murder of Dr. Abdulkadir Kamal, a lecturer at the University of Maiduguri (UNIMAID). Dr. Kamal from the Department of Physical and Health Education, reportedly fell victim to a horrific attack within the confines of his office on Sunday, sending shockwaves throughout the university community. According to ASP Daso Kenneth, the spokesperson for the Borno State Police Command, the swift action followed a distress call regarding Dr. Kamal’s murder, which also involved the theft of his vehicle by the assailants. “The command has received a distress call on…
The Nigerian Railway Corporation generated N1.07 billion as revenue from passengers in Q4 of 2023, the National Bureau of Statistics (NBS) has said. This is contained in the NBS Rail Transportation Data for Q4 2023 released in Abuja on Monday. The report showed that the figure decreased by 7.51 per cent compared with the N1.15 billion generated in Q4 of 2022. Similarly, it showed that N423.22 million was collected in Q4 2023 as revenue from goods/ cargos, this increased by 169.16 per cent from N157.23 million received in Q4 2022. “Also, other receipts grew by 3.02 per cent from the…
Residents of Okuama, Omosuomo, and surrounding communities in Ughelli South Local Government Area of Delta State have continued to endure harrowing conditions as they remain hidden in the forests, following ongoing Army clearance operations sparked by the killing of 17 soldiers on March 14. In desperate pleas for help, locals have reached out to President Bola Tinubu and Governor Sheriff Oborevwori, urging immediate intervention to safeguard their lives. Reports reveal that many residents are facing starvation and are in dire need of urgent medical assistance while taking refuge in their clandestine hiding spots. Speaking, an Okuama indigene residing in Warri…
In a distressing incident reminiscent of recent events in Kebbi State, residents in Ondo took to looting a truck carrying essential food items on Monday. The attack occurred at the cultural center area along Ondo road in Akure, the state capital. According to reports gathered by Our Heritage Reporters, the truck, which was en route from Ondo town to the state capital, experienced mechanical issues at the precise location where it fell prey to the attack. Eyewitnesses recounted that among the attackers were motorcycle riders (Okada riders) and other locals who swiftly seized the opportunity upon learning about the truck’s…
The Nigeria Police Force (NPF) has taken a strong stance against the abhorrent practice of jungle justice, emphasizing its detrimental impact on human rights and the administration of justice. According to Olumuyiwa Adejobi, the spokesperson for the force, jungle justice constitutes a grave violation of human rights and severely undermines the effective functioning of the justice system. He stressed the importance of civilians and local vigilante groups understanding the dire consequences of taking the law into their own hands. Adejobi reiterated the NPF’s condemnation of jungle justice, labeling it as a criminal act that obstructs the progress of the criminal…
The CEO of Pelican Valley Nigeria Limited, Ambassador (Dr.) Babatunde Adeyemo has felicitated Christians on the celebration of the death and resurrection of Jesus Christ, which ushered in salvation, hope, peace and righteousness for mankind, eternal life for believers as well as victory over death. Adeyemo, an EYC ECOWAS Youth Ambassador and the promoter of Oko- Opo Foundation, a non -governmental organisation that caters for widows and vulnerable members in the society, admonished Christians to live Christ – like life of love, peace, patience and forgiveness. He made this known in a statement on Sunday March 31, in Abeokuta, the…
Daud Olatunji The Adeleye family in Ogun State has been plunged into despair following the mysterious death of Saheed Adeleye while in police custody. PLATFORM TIMES gathered that the deceased who was a cow seller was arrested alongside his brother, Abass Adeleye on the 4th day of February, 2024. Saheed’s fate took a tragic turn that has left his family demanding answers, justice, and accountability. According to accounts from the family’s legal representative, Saheed and Abass were apprehended in their family home at Oke Sokori, Abeokuta, Ogun State, in the early hours of the morning while they were asleep. Purportedly…
Enoch Oyedibu Tension gripped the Adesojis Royal Family in Ile-Ife, Osun State, as Chief Adesoji Josiah Adedire was brutally slain in Wanisani village by purported Modakeke assailants last Tuesday. According to multiple sources, the attack appeared premeditated, with two other villagers reportedly killed in the neighboring Alofe community. The assailants also torched a house and Chief Adedire’s bicycle, leaving several others wounded. Mr. Samuel, a close associate of the deceased, described the attack as intentional and horrific, recounting how they narrowly escaped death amidst the assailants’ onslaught. Eyewitnesses reported the assailants wielding firearms and cutlasses during the assault, sparking fear…
In the embrace of the Easter season, celebrated for its message of hope and rejuvenation, Comrade Sanyaolu Abayomi, Chairman of the Inter-Party Advisory Council (IPAC) in Ogun State, emphasizes the profound importance of unity and love. Addressing the Christian community across Ogun State, Abayomi extends warm greetings and heartfelt wishes for a joyous occasion filled with promises of new beginnings, togetherness, and prosperity. Encouraging the embodiment of Easter’s spirit of unity, Chairman calls for a gathering as one family, transcending political, ethnic, and religious divides, and embracing the shared humanity that unites everyone. Expressing gratitude to IPAC members and all…