While scouring the streets of Facebook days ago, I stumbled on a post by Hon. Ifunanya Nwanegwo, who happens to be the Chairman of Mbaitoli LGA, Imo State. In the post, she was appreciating the Director General of the Department of State Services (DSS), Mr. Oluwatosin Adeola Ajayi, for empowering ten people in the LGA to help them boost their small businesses.
According to the Business Recovery and Insolvency Practitioners Association of Nigeria, the country's high cost of doing business and the competition from foreign companies are the main causes of non-performing loans. Speaking on the sidelines of a press briefing on Friday to announce its annual insolvency law conference 2025, which is set for September 25 and 26 in Lagos, Mr. Albert Folorunsho, the first Vice President and Co-Chair, Conference Planning Committee, BRIPAN, added that a lack of working capital is another factor contributing to the rise in non-performing loans (NPLs) in Nigeria.
By Danladi Shehu
If a man cooks for a community ,the meal would scarcely go round, However, if a community decides to cook for a man, the feast will overwhelm him - old African proverb. The foregoing may have aptly captured the likely outcome of the current standoff between the Department of State Services (DSS) and Omoyele Sowore, activist and presidential candidate of the African Action Congress (AAC) in the 2023 general elections.
By Chineze Emelieze,
In its usual staged attempt to cause confusion and coerce presiding judges into arriving at rulings favourable to it, IPOB has once again resorted to demanding that Justice Kolawole Omotosho must strike out the ongoing charges against Nnamdi Kanu. Ridiculous! They have added that the current charges against Kanu amounted to a resurrection of the repealed Terrorism Prevention Amendment Act 2013. Laughable, right? In IPOB’s short-sighted insinuation, acts of mass murder committed and charged by the Terrorism Prevention Amendment Act 2013 – repealed in 2022 by the Terrorism Prevention and Prohibition Act (TPPA) 2022 (Section 97) stand forgiven. And as usual, the powerful Emma signed and circulated the comical statement in the hopes that Justice Omotosho could be cowed by it.
Two months after paying N20 million as compensation to a Jos-based businessman mistakenly shot during a 2016 operation, Director General of the Department of State Services (DSS), Mr. Tosin Ajayi, on Saturday demonstrated his respect for human rights. He released a suspect who had been in the custody of the secret police since 2022, bringing to 12 the number of suspects released in July alone. After ordering the release of Abdulyakini Salisu, the Service tendered an apology to him. On his part, the DG directed the Service to pay him N10 million as "initial compensation" and further support.
On Wednesday, the Federal High Court in Abuja was informed that between 170 and 200 security personnel had been killed in the South East as a result of actions attributed to the Indigenous People of Biafra (IPOB) and its armed faction, the Eastern Security Network (ESN). The court also heard that the National Broadcasting Commission (NBC) did not grant a license to Nnamdi Kanu, the detained self-proclaimed IPOB leader, for the radio transmitter he allegedly smuggled into Nigeria to run Radio Biafra. A Department of State Services (DSS) official provided this information while testifying as the fourth prosecution witness in Kanu’s ongoing terrorism trial.
