NewsReports

Abeokuta: The management of Babcock University, Ilishan Remo, Ogun State has debunked what it called a baseless online post falsely implicating the institution in having fake professors. Director of Communication and Marketing, Joshua Suleiman, stated this in a statement he made available to newsmen in Abeokuta, and published by the Vanguard on Sunday, saying the list, erroneously linked to the …

•EX-CBN gov may face multiple money laundering charges, anti-graft agency probes corporate organisations, individuals•Commission says investigation independent of Obazee’s report The Economic and Financial Crimes Commission has written to over 85 entities comprising corporate organisations and individuals over an ongoing investigation into alleged fraudulent foreign exchange allocations under the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele. It …

The December 26, 2023 marriage between a four-year-old ‘bride’ and a 54-year-old man in a Bayelsa community is a traditional rite to save the child’s life, according to her parents. They claimed that the marriage, conducted in Akeddei community in Sagbama Local Government Area of Bayelsa, was a spiritual rite to ‘untie’ the duo who were betrothed in their “previous …

Nigeria’s Financial Regulations 2009 says, “Any officer who pays public money into a private account is deemed to have done so with fraudulent intention.” Nigeria’s Minister of Humanitarian Affairs, Beta Edu, on Friday, admitted as genuine a 20 December 2023 memo which shows that she requested the Accountant General of the Federation, Oluwatoyin Madein, to transfer public fund – N585.2 …

Tinubu approved food items, not cash for lawmakers – Presidency Some lawmakers have taken delivery, others being procured – House Spokesman We have no idea about distribution – Ministry The controversy over alleged distribution of palliatives to federal lawmakers intensified yesterday after the Senate and some members of the House of Representatives denied receiving any such allocation. Reports had suggested …

Tears flowed freely yesterday as the remains of the late former governor of Ondo State, Rotimi Akeredolu, arrived in Nigeria. Akeredolu’s remains arrive from Germany on Friday. The late governor’s remains were brought into the country from Germany, where he passed away on December 26, 2023. The atmosphere was filled with grief as the corpse adorned in the Nigerian flag …

A consortium of Nigerian financial institutions, fintech, and blockchain experts, the Africa Stablecoin Consortium is set to launch a compliant Nigeria Naira stablecoin on February 27, 2024. The consortium in a statement issued on Friday said the launch of the cNGN is hinged on the new Regulatory Sandbox released by the Central Bank of Nigeria. According to the consortium, the …

“Currently, an inmate is being fed with just N200 daily meant for breakfast, lunch and dinner because from the remaining N350 being given to the various heads of custodial centers, they will also take N50 for themselves and also use N50 to settle their controllers and ACG. A civic organisation, Vanguard For Truth Foundation, has raised the alarm that inmates …

Federal Civil Servants on Thursday night confirmed the receipt of their October 2023 wage awards months after a temporary suspension of payment. Recall that the payment of N35,000 wage award was an agreement reached between the Federal Government and the Organized Labour as part of the moves to cushion the effects of the removal of subsidy on Premium Motor Spirit …

Valley Forge, Pa. (AP) — President Joe Biden warned Friday that Donald Trump’s efforts to retake the White House in 2024 pose a grave threat to the country, the day before the third anniversary of the violent riot at the U.S. Capitol by then-President Trump’s supporters aiming to keep him in power. Speaking near Valley Forge, Pennsylvania, where George Washington …