Nigerians embrace Ponzi schemes as economy slides

OKORO CHINEDU LAGOS, (CAJ News) – NIGERIANS are increasingly turning to multi-level marketing and Ponzi schemes to cushion the effects of the economic downturn, a survey has established. Accord...

Dasuki rejects government request for secret trial

EMEKA OKONKWO ABUJA, (CAJ News) – FORMER National Security Adviser, Col. Sambo Dasuki, has appealed to the Federal High Court in Abuja, to dismiss fresh requests by government for a secret tria...

Nigerians adopting CBN’s cashless policy

OKORO CHINEDU LAGOS, (CAJ News) – THE marked increase in the volume of transactions via Point of Sale (PoS) is an indicator Nigerians are embracing the cashless policy launched by the central b...

Bomber (8) killed in foiled suicide attack

AHMED OBAFEMI  MAIDUGURI, (CAJ News) – A suicide bomber, thought to be young as eight years old, and another person have been killed following a suicide bomb explosion in the restive Borno Stat...

Stakeholders decry erratic power supply in Delta

OKORO CHINEDU LAGOS, (CAJ News) – STAKEHOLDERS have lamented the power outages in the Delta State, particularly Sapele. The concern has been raised at a meeting in Asaba where the Speaker of th...

FG democratizing budget process: Akabueze

EMEKA OKONKWO ABUJA, (CAJ News) – THE federal government is reforming the budget processes to ensure implementation within 12 calendar months. The Director General, Budget Office of the Federat...

FG urged to borrow to defy recession

OKORO CHINEDU  LAGOS, (CAJ News) – FIRST Bank of Nigeria (FBN) is proposing extensive borrowing from international financiers to resuscitate its economy whose sovereign rating has been revised ...