NewsReports

• Process heats up financial system• Top CBN officials, bankers attempt to induce members• Buhari men in ‘subtle move’ to restrict scope• ‘Investigators not backing out, accountable to Nigerians, President’    Nigerians may be close to witnessing the unveiling of the biggest financial fraud in the history of the country in the coming months as the team of special investigators set up …

•We’ve ended infamous sit-at-home order in S-East —Army chief •Says more special forces units established to tackle emerging security threat President Bola Ahmed Tinubu has directed the immediate payment of all Group Life Assurance benefits owed families of departed officers and soldiers of the Nigerian Army who paid the supreme price in battles to safeguard the country from terrorists, bandits …

The Edo State Deputy Governor, Mr. Philip Shaibu, yesterday officially resumed at his new office outside the state Government House in Benin-city. On a visit to the facility situated at No 7 Dennis Osadebey Avenue close to the emergency gate of the Government House in Benin-city, the security man at the gate denied journalists entry as he claimed they did …

Five former Memphis police officers involved in the deadly police beating of Tyre Nichols have been indicted by a federal grand jury, according to court filings.  From top left, Emmitt Martin III, Desmond Mills Jr., Demetrius Haley. From bottom left, Justin Smith and Tadarrius Bean.Shelby County Criminal Justice SystemCNN —  The five officers – Tadarrius Bean, Demetrius Haley, Emmitt Martin III, Desmond …

***As Army establishes special forces to tackle insecurity The Chief of Army Staff, Lieutenant General Taoreed Lagbaja, has said the sit-at-home order enforced by the Indigenous People of Biafra across the South-East states has ended. IPOB in August 2021 commenced the sit-at-home order to demand the release of its leader, Nnamdi Kanu, from prison. The order impacted the economy in …

As Nigeria struggles to deepen her democracy, no fewer than 17 state governments are running their local councils with transition or caretaker committees. Currently, 323 (41.73 per cent) of the 774 local councils are without elected chairmen and councillors. This is contrary to Section 7 of the 1999 Constitution (as amended), which guarantees the system of local government by democratically …

The 650,000 barrels per day Dangote Refinery is yet to begin production after the August commencement date, earlier announced by the President, Dangote Group, Aliko Dangote. Dangote Refinery While delivering his speech at the official commissioning of the refinery by former President Muhammadu Buhari in May, he said, “Your excellencies, distinguished guests, our first product will be in the market …

•Emirates, Etihad airlines to resume flights in, out of Nigeria •UAE to invest several billion dollars in defence, agriculture sectors in Nigeria •New forex liquidity programme between both countries to be unfolded in coming weeks •Emirates News Agency mum on lifting of visa ban, flights’ resumption President Bola Tinubu and his United Arab Emirates (UAE) counterpart, Mohamed bin Zayed Al …

• Wike’s men intensify moves to undermine ex-vice president Supporters of Peoples Democratic Party’s (PDP) presidential candidate, Atiku Abubakar, have condemned calls for his suspension from the party, describing the demand as “baseless and unreasonable”. It emerged, yesterday, that agitation for Atiku’s suspension was generating a fresh storm, even as Minister of the Federal Capital Territory (FCT) Nyesom Wike, was …

Say it’s end of an era Former Vice President and presidential candidate of Peoples Democratic Party in the 2023 election, Alhaji Atiku Abubakar, Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, Governors Godwin Obaseki of Edo State, Babajide Sanwo-Olu of Lagos State, and Dapo Abiodun of Ogun State were among prominent Nigerians who sent out condolences yesterday following …