Violence, killings don’t win election – Dickson
Governor Seriake Dickson of Bayelsa State has warned politicians in the state against killings and violence during political campaigns, saying such acts can’t win elections but rather cause tension in the state. The governor, who was speaking during the 7th edition of Bayelsa State annual thanksgiving held at the state ecumenical centre yesterday, stressed that power only comes from God. He urged unscrupulous elements in the state who may be planning to destabilize
The HSBC and UBS have closed their offices in Nigeria. The Central Bank of Nigeria which disclosed this in a report on Friday, noted that foreign investments had fallen sharply in the past one year.
Though the CBN did not give reasons for the banks’ closure, a HSBC research note dated July 18, said a second President Muhammadu the hard-earned peace in the state to desist from such acts, and go about their campaigns peacefully. The governor said that instead of resorting to violence and thuggery during campaigns and elections, politicians should focus on issues bordering on the stability, development, peace and security of the state. Governor Dickson, who was joined by the Archbishop of the Church of God Mission International, Archbishop Margaret Idahosa, Senior Pastor, House on the Rock, Pastor Paul Adefarasin and the Presiding Bishop of Logos Ministries International Church, Bishop Yomi Buhari term “raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.”
The HSBC Representative Office offers commercial banking services in Nigeria. The company is based in Lagos, Nigeria. The HSBC Representative Office (Nigeria) Limited operates as a Isijola, to mark the day, said God has been very faithful to the state. He said, “there is something very important that I wish to say here. Bayelsa is a blessed land. It is rated one of the most peaceful states in the country. Our state is one of the fastest developing in Nigeria.” “As we go into effective politicking, politicians should know that power comes only from the Almighty God. Our politicians should note that you don’t get power by violence, you don’t get political control because you are a deadlier killer. People should go about their campaigns without disrupting the peace and stability of the state,” he said.
2 global banks close offices in Nigeria
subsidiary of HSBC Bank Plc.
The CBN said foreign direct investment in Nigeria also fell to N379.84bn ($1.2bn) in the first half of the year from N532.63bn ($1.7bn) a year earlier.
The Central Bank said the outlook for the Nigerian economy in the second half was “optimistic” given higher oil prices and production.
The CBN added that non-performing loans had dropped to 12.4 per cent as of June 2018 from 15 per cent a year ago.