Rotimi Akeredolu, Ondo State Governor, says suspected kidnappers targeted his convoy on the Akure-Ibadan road which links different states in the South-West. Akeredolu, who did not mention the exact date of the incident, said the suspects ran into the bush when security men attached to him opened fire. Several kidnappings have been recorded on the road despite the heavy presence of security men on the highway. Recently, two officials of the Federal Road Safety Corps were abducted. Musibau Adetunmbi, an Ibadan-based lawyer, and Adeyinka Adegbehingbe, a professor of orthopaedic surgery…

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Foreign investors pulled out N1.77 trillion from the nation’s stock market in the last two years, citing insecurity and economic uncertainties. Many blue-chip companies quoted on the stock exchange also experienced huge losses within the period. Specifically, N435.31 billion in foreign portfolio investment outflow was recorded in 2017, while foreign investors withdrew N642.65 billion during the corresponding period in 2018. In the same vein, foreign transactions accounted for about 51 per cent of the total transactions carried out in 2018, while domestic transactions constituted about 49 per cent during the…

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He disclosed that the lawmakers would get a bill seeking to establish the Oyo State Anti-Corruption Agency immediately after the inauguration. When the agency is established, it will be empowered to beam its searchlight on individuals and government institutions in the state. Governor Seyi Makinde of Oyo State says his administration will soon establish an anti-corruption agency in the state and that he is ready to give up his immunity if found guilty of any corrupt practices. A statement by the Chief Press Secretary to the Governor, Mr. Taiwo Adisa,…

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