The Federal Government has for the third time amended the criminal charges it filed against the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele. In the latest amended charge taken before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja on Thursday, the Economic and Financial Crimes Commission accused Emefiele of...
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your Letter Lacks Respect — Obi Of Onitsha Tackles Soludo’s Commissioner
the Obi of Onitsha,Nnaemeka Achebe has criticised the Anambra government over the suspension of Damian Ezeani, traditional ruler of Neni community. On January 8, Chukwuma Soludo, Anambra governor, suspended Ezeani for conferring a chieftaincy title on Ifeanyi Ubah, a senator representing Anambra south district. Tony-Collins Nwabunwanne, the commissioner for local government and chieftaincy affairs, had...
Nigeria’s Stock Market Displaces Argentina To Emerge World Best
Nigeria’s stock market surpassed Argentina’s stock market on Wednesday, claiming the top position as the world’s best-performing market.The development comes as the Nigerian Exchange Limited continues its bullish run on Wednesday as the All-Share Index appreciated by 2.38 per cent to close to reaching a historic 90,063.25 points from Tuesday’s 87,970.37 points.From January 15 and...
Airport Official Arrested Over Attempt To Smuggle Suspected Drug Onboard Ibom Ai
An official of Partfinder International Limited, an aviation security company, has been arrested at the Murtala Muhammed International Airport (MMIA), Lagos, for attempting to dispatch a suspected illicit drug through a departing Ibom Air flight to Accra, Ghana. In a statement by the Director of Public Affairs & Consumer Protection, Obiageli Orah, the employee approached a...
Governor Soludo Clears N1.2m Exam Fees Of 54 Onitsha Prison Inmates
Governor Chukwuma Soludo of Anambra State has covered the examination fees for candidates from the Onitsha custodial centre of the Correctional Services who participated in the NABTEB GCE and Technical examinations. Handing over the cheque of N1,220,000 for the 54 candidates, the education commissioner, Prof. Ngozi Chuma-Udeh, pointed out that the gesture was in keeping...
UK appoints Cynthia Rowe as Development Director in Nigeria
The United Kingdom government has appointed Cynthia Rowe as the Development Director for the British High Commission, Nigeria. The British High Commission in Abuja made this known in a statement on Thursday. According to the commission, Rowe takes over from Mr Christopher Prycroft who recently concluded four years as Development Director, British High Commission, Nigeria....
Otti appoints Okonjo-Iweala, Sanusi others into economic council
Abia State Governor, Alex Otti, on Thursday, inaugurated the Abia Global Economic Advisory Council as part of his administration’s strategic plan to ensure the overall economic development of the state. Members of the 19-man team aimed at building Abia into a self-sustaining economic hub, include Ms. Arunma Oteh, Khaleefa Sanusi II and Mr. Bolaji Balogun,...
Reps order ministries to return N85bn COVID-19 funds
The House of Representatives Public Accounts Committee, on Thursday, directed the Federal Ministry of Industry, Trade and Investments to refund N75bn allocated to it as COVID-19 intervention funds. This was as the committee also ordered the Ministry of Health to return the N10bn released to it to produce COVID-19 vaccine. The resolution was sequel to...
Labour names representatives for FG’s minimum wage panel
Ahead of negotiations for the payment of a new minimum wage scheduled to commence in April 2024, the organised labour has submitted a list of its representatives who will represent Nigerian workers on the negotiation panel which is set to be constituted by the Federal Government. For a new minimum wage to be implemented, a...
The craze for gratification, bribes and other compromises by some of our investigators are becoming too embarrassing – EFCC Chairman
Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ola Olukoyede, has said that some investigators are eroding the integrity of the agency by demanding bribes from crime suspects. Olukoyode who warned the erring anti-graft agency’s investigators that they would be dealt with if they failed to retrace their steps, added that the agency’s...