NewsReports

A few hours to the end of his reign as Ogun State helsman, embattled Governor Ibikunle Amosun contacted the state’s Commissioner of Police, Bashir Makama, confessing that he had thousands of arms and millions of ammunition in store at a secret armoury in Government House, and that he had decided to hand them over to the police. Mr Amosun’s anointed …

Almost five years after the expiration of the tenure of the last board of the Securities and Exchange Commission (SEC), the federal government yesterday reconstituted the board of the regulatory body for the country’s capital market. The commission has been without a board and is presently being run by an acting director general and acting executive commissioners, a situation, market …

•  Fixes July 8 for hearing The Abuja division of the Court of Appeal yesterday ordered President Muhammadu Buhari to respond within five days to the appeal filed against his qualification for the 2019 presidential election. Also to respond within same five days are the All Progressives Congress (APC), which nominated Buhari for the presidential poll and the Independent National …

The Peoples Democratic Party’s (PDP) presidential candidate in the last general election, Alhaji Atiku Abubakar, and his party are heading to the Supreme Court to challenge the ruling of the Presidential Election Petition Tribunal (PEPT), sitting in Abuja, which yesterday denied them access to the server and data of smart card reader the Independent National Electoral Commission (INEC) allegedly used …

...House swells to 11, appoints principal officers Two more members-elect of Edo State House of Assembly  were on Monday, inaugurated by the House Speaker, Rt. Hon. Frank Okiye, further depleting the 15-man Oshiomhole camp to 13. Presentation of themselves for the oath-taking ceremony was in apparent defiance of the National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, who …

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, on Monday unfolded the policy direction of his new five years tenure, promising to facilitate access to financial services to 95 per cent eligible Nigerians by 2024. Mr Emefiele, who acknowledged much was still left to be achieved from a similar agenda set in July 5, 2014, due to various challenges, …

The Presidential Election Petition Tribunal on Monday dismissed an application by the Peoples Democratic Party and its presidential candidate, Atiku Abubakar, requesting permission to have access to the central server said to have been used by the Independent National Electoral Commission for the conduct of the February 23 poll. The Justice Mohammed Garba-led bench of five judges, in a unanimous …

The 2018 budget has lapsed, putting pressure on the Federal Government to begin the implementation of the 2019 budget, The PUNCH learnt on Sunday. Recall that President Muhammadu Buhari had put a question mark on the N8.92tn budget when he appended his signature to the 2019 Appropriation Bill on May 27, saying the budget would be difficult to implement. He had added …

Six street children who were sleeping in a storm drain next to an elite school in the Ugandan capital have been killed after a wall fell on them, police said Monday. “Due to a heavy downpour part of the perimeter wall of the school gave way, collapsed on the kids, killing six of them on the spot and two were …

The Joint Admissions and Matriculation Board (JAMB) has called for an embargo on the establishment of new public and private universities in the country. The registrar of the board, Is-haq Oloyede, said emphasis should rather be placed on developing the 170 universities in the country. According to the National Universities Commission, (NUC), Nigeria has 43 federal universities, 48 state universities …