Following its commitment to ensuring that depositors of the defunct Heritage Bank are fully reimbursed, the Nigeria Deposit Insurance Corporation (NDIC) has declared first tranche of liquidation dividends totaling ₦46.6 billion from the proceeds of sales of the defunct bank’s assets and recovery of debts owed to the defunct institution. The payment of the first tranche of the liquidation dividends …

The operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted 46 wraps of cocaine weighing 547 grams hidden in body cream going to Saudi Arabia. This comes barely a week after NDLEA officers of the Directorate of Operations and General Investigation (DOGI) uncovered 20 parcels of cocaine concealed inside religious books going to Saudi Arabia at a logistics …