The Federal Government has failed to officially designate bandits as terrorists three weeks after a Federal High Court ordered the government to do so. Saturday PUNCH learnt that since the judgment was delivered on November 26, 2021, the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has yet to gazette the order as ordered by the court, thereby …
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Nigeria Has Not, Will Not, Mortgage National Assets For Chinese Loans — DMO
The Debt Management Office (DMO) has clarified that loans from China to Nigeria, which presently stood at 3.59 billion dollars, constitute only 9.4 per cent of the country’s total foreign debt stock of 37.9 billion dollars.ADVERTISING Ms Patience Oniha, the Director-General of DMO made this known in an interview with newsmen on Saturday in Abuja. She also clarified that the …
Read More »Evans: Prosecution Closes Case In Alleged Billionaire Kidnapper’s Trial
The prosecution in the trial of suspected kidnap kingpin, Chukwudumeme Onwuamadike (popularly known as Evans) Friday announced it had closed its case after presenting four witnesses. The fourth prosecution witness, Chimebere Ahamonu, a businesswoman, had narrated to an Ikeja Special Offences Court how she raised a ransom of $420,000 for the freedom of her husband. Mrs Ahamonu’s spouse, Sylvanus Ahamonu, …
Read More »Canada Lifts Travel Ban On 10 African Countries, Reimposes COVID-19 Testing Rule For Short Trips Abroad
The federal government is lifting its widely criticized travel ban on 10 African countries and reimposing its requirement for Canadians taking short trips abroad to get a COVID-19 test before returning to Canada. Travellers are greeted by signage about the COVID-19 pandemic at Toronto Pearson International Airport on Dec. 16, 2021. TIJANA MARTIN/THE CANADIAN PRESS The 10-country travel ban was …
Read More »Olu Of Warri Introduces New Festival, Ghigho Aghofen
The Olu of Warri, Ogiame Atuwatse III, has announced the introduction of a new festival, Ghigho Aghofen, into the Warri Kingdom. The festival in English is translated to “Palace watch” and will mirror England’s “Changing of Guards” ceremony. In the announcement published via the Olu of Warri’s Instagram page on Saturday, it was stated that the festival will hold on …
Read More »Babalola Resigns As First Bank Chairman, CBN Okays Abdullahi To Take Over
The Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank of Nigeria Holding Plc and Chairman of the company to replace Mr Remi Balalola. The CBN’s Director, Corporate Communications, Osita Nwanisobi, disclosed last night that the apex bank had been duly notified of the resignation of Mr. Babalola as Chairman …
Read More »Audit Report Knocks FIRS Over Questionable Payments, Other Irregularities
The Federal Inland Revenue Service (FIRS) raised payment vouchers totaling N138.5 million that were not supported with relevant documents in violation of extant rules, an audit report has shown. Details of the payments and other infractions are contained in the annual report of the Auditor-General of the Federation (AGF) for 2019. The FIRS is among the many Ministries, Departments and Agencies (MDAs) …
Read More »Buhari Seeks Concrete Support From Turkey-Africa Partnership Summit Towards Defeat Of Terrorism In Africa
President Muhammadu Buhari has called on the Turkey-Africa Partnership Summit to provide concrete support to help defeat terrorism and insurgency in Africa. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement said the Nigerian leader made the call at the third edition of the Summit held in Istanbul, Turkey on Saturday. According to the …
Read More »FG To Partner China On Renewable Energy Technology
The Federal Government has said it plans to partner with the People’s Republic of China in developing a renewable energy research centre that will boost renewable energy technology in some Nigerian universities. This was disclosed in a statement by the Ministry of Science, Technology and Innovation on Friday. “The proposed partnership between the Chinese and Nigerian universities is expected to …
Read More »Osinbajo Lays Foundation For 20-Hectare Edo Tech Park, Inaugurates Shared Facility For MSMEs
Vice President Yemi Osinbajo yesterday performed the groundbreaking for the 20-hectare permanent site of the Edo Tech Park and inaugurated a shared facility for Micro, Small and Medium Enterprises (MSMEs) in Edo State. Inaugurating the shared facility for furniture production in Edo, Osinbajo said MSMEs were of top priority to the government in boosting the country’s economy. He said this …
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