NewsReports

A deputy director with the Central Bank of Nigeria (CBN), Michael Onyeka Ogbu, on Monday narrated before Justice Hamza Muazu of the High Court of the Federal Capital Territory (FCT), sitting at Maitama, Abuja, how the bank released $6,230,000 for the payment of some international election observers before the 2023 general election. Ogbu was testifying in the trial of the immediate …

As Nigerians gnash their teeth over the economic downturn, former governor of the Central Bank of Nigeria, CBN, Dr. Lamido Sanusi; and former Edo State governor, Senator Adams Oshiomhole, have blamed the administration of former President Muhammadu Buhari for the raging economic woes. Contacted yesterday, some aides of the former President declined comments, saying “please, leave Buhari out of these …

The Federal Ministry of Water Resources and Sanitation has rolled out strategic plans to tackle the rising cost of food in the country. Permanent Secretary of  FMWRS, Shehu Aliyu in his address at the 30th meeting of the National Technical Committee on Water Resources and Sanitation, (NTCWRS) expressed concerns over issues bedevilling water resources and food security. Shehu recalled that the …

• PDP governors okay state police Governors and National Security Adviser Mallam Nuhu Ribadu yesterday resolved to join forces to tackle insecurity and the lingering food crisis. They agreed to beef up security nationwide. During his meeting with the governors, the NSA hinted about plans by the Federal Government to raise a committee on police reform. Also yesterday, Peoples Democratic Party (PDP) …

Following the tragic helicopter crash that claimed the lives of Herbert Wigwe, the Group Chief Executive Officer of Access Holdings PLC, his wife, and son, Isiokpo, his hometown in the Ikwerrre Local Government Area of Rivers State, has declared seven days of mourning to honour their illustrious son. The declaration was announced by the Nye-Nwe-Eli of Isiokpo, His Royal Majesty, Eze Blessing …

Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) of the holding company. The appointment follows the death of its late Group Chief Executive Officer, Herbert Wigwe, who died in a helicopter crash in the United States on Friday. Mr Wigwe died alongside his wife, son, and a former chairman …

The Kano Public Complaint and Anti-Corruption Commission (PCACC) in its effort to make foodstuff available to the common man has confiscated no fewer than ten warehouses containing hundreds of millions of Naira worth of hoarded commodities in the state. However, the chairman of the commission, Muhyi Magaji Rimingado, who paid a surprise visit to several warehouses along Dawanau International Grains Market, Singer …

The 2023 CAF African Cup of Nations ended on Sunday night on a disappointing note for Nigeria’s Super Eagles as they lost the trophy to the host nation, Ivory Coast. The Ivorians won 2-1 against Nigeria, courtesy of goals from Franck Kessie and Sebastien Haller who helped The Elephants clinch their third AFCON trophy. Below is the full list of …

Going by the latest report by the Office of the Auditor-General of the Federation (OAuGF), many Ministries, Department and Agencies (MDA) violated extant laws and spent billions of naira that were not appropriated in 2020. The OAuGF gave the detailed account of the infractions two years after its last report. Section 80 (2) of the 1999 Constitution as amended States that “No moneys shall …

In the years leading to independence for most African states, there was the geopolitical cleavage having various countries within the radically-minded pan-Africanists dubbed the Casablanca bloc up against the conservative, pro-Western, Monrovia bloc. The 1975 formation of the Economic Community of West African States (ECOWAS) put paid to that gulf in the West African subregion, when 15 countries sought to forge a …