NewsReports

•CBN sacks boards of Union, Keystone, Polaris banks The Central Bank of Nigeria (CBN), on Wednesday, announced the immediate dissolution of the board and management of Union, Keystone and Polaris Banks. The regulator, in a statement, said the action became necessary due to the non-compliance of the listed banks and their respective boards with the provisions of Section 12(c), (f), (g), …

The Economic and Financial Crimes Commission, on Wednesday extended its probe to directors and other key officials of the Ministry of Humanitarian Affairs and Poverty Alleviation and its agencies in a bid to get to the bottom of how humongous cash was moved from the ministry to private hands. The Vanguard reports that top officials were summoned by the anti-graft …

The deputy governor of Edo state, Philip Shaibu has said he was persuaded to be the running mate to his principal Governor Godwin Obaseki. The deputy governor who spoke during an interview on Arise Television’s Morning Show programme on Wednesday, January 10, also stated that he felt betrayed by Obaseki, for not backing his candidature in the upcoming 2024 governorship election. Shaibu, …

The Federal High Court in Abuja has ordered the remand of the former Minister of Power and Steel, Olu Agunloye, in Kuje prison. The Federal High Court in Abuja has ordered the remand of the former Minister of Power and Steel, Olu Agunloye, in Kuje prison. He was remanded at the Kuje Correctional Center by trial Justice Donatus Okorowo, after …

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has commended President Bola Tinubu on the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu. In a statement by his Special Assistant, Public Communication, Phrank Shaibu, on Tuesday, Atiku noted that the suspension of the minister was commendable but not enough. Recall that President Bola Tinubu, …

WASHINGTON — President Joe Biden’s administration pledged from day one to restore truth and transparency to the federal government — but now it’s facing a maelstrom of criticism and credibility questions after Defense Secretary Lloyd Austin’s hospitalization was kept secret for days, even from the White House. The controversy has prompted a government-wide review of what protocols are in place to prevent such failures and …

The police are looking into the petition by Nigerian singer and songwriter, Tiwa Savage, over alleged bullying and threat to her life by Grammy nominee, David Adeleke, popularly known as Davido. The Lagos police spokesperson, Benjamin Hundeyin, made this known on Wednesday in Lagos. ”I can confirm that we received the petition. We have begun investigation,” he said. NAN reports …

Taipei CNN – Asretired Taiwanese admiral Mr. Wu looks back on his old days, he couldn’t be prouder of his decades-long service sailing around the world on a guided-missile frigate. He once led hundreds of Taiwanese naval officers on missions thousands of miles away from home and felt a sense of honor to be representing his home nation – the Republic …

When informed of the need to get the views of the Permanent Secretary in person, he said: “You know in civil service there’s no vacuum. “And just like you are all aware, the President directed that the perm sec should oversee the affairs of the Ministry.  “So, the right person to talk to you is actually the Permanent Secretary. But …

The Deputy Governor of Edo State, Philip Shaibu, has expressed his sense of betrayal by his principal, Godwin Obaseki, for not backing his candidature in the upcoming 2024 governorship election. Shaibu, who claimed that he was persuaded to be the deputy governor to Obaseki, said he added value to his principal’s government in terms of political structure and his finances. …