By Eben Enasco Edo State Police Command says four suspected criminals, who specialize in robbing unsuspecting members of the public while wearing military uniforms are now in custody. The suspects who were arrested in Benin City, Edo State capital by operatives of the state Police Command, are also believed to belong to a cult terrifying the people around Benin and …
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San Francisco Board Open To Reparations With $5M Payouts
San Francisco (AP) — Payments of $5 million to every eligible Black adult, the elimination of personal debt and tax burdens, guaranteed annual incomes of at least $97,000 for 250 years and homes in San Francisco for just $1 a family. These were some of the more than 100 recommendations made by a city-appointed reparations committee tasked with the thorny …
Read More »New START Treaty: Russia’s Noncompliance, Suspension Unfortunate, Irresponsible – U.S.
Russia’s noncompliance with the New START Treaty, and its claimed suspension of the treaty, are unfortunate and irresponsible steps, the United States said on Wednesday. According to the State Department, mutual compliance with New START strengthens the security of the United States, our allies and partners, Russia, and the world. Russia’s claimed suspension of the New START Treaty is legally …
Read More »Breaking: FG Moves Population Census To May
The 2023 population and housing census earlier scheduled for March 29 has been shifted to May 2023.Minister of Information and Culture, Lai Mohammed made the disclosure at the end of the Federal Executive Council presided over by President Muhammadu Buhari.The Minister while briefing State House Correspondents disclosed that the decision was necessitate by the rescheduling of the gubernatorial election to …
Read More »Slow Compliance Despite CBN Order, Banks Ration Old Notes
• Business owners, traders defy CBN, reject old N500, N1,000• CBN silent on returned banknotes, warehoused cash• Residual notes amount to drop in ocean, analysts insist• NIBSS: ePayment recorded series of failed transactions in February• HURIWA charges CBN to disburse old, new notes to banks The silence of the Central Bank of Nigeria (CBN) on the trillions of naira it …
Read More »CBN Pushes For Healthier Commercial Banks In Africa Via Tighter Regulation
To cement the African economy, the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged the Governors of Central Banks and other African financial sector regulators to be more vigilant and strict in their regulatory and supervisory roles to forestall any run on banks in their respective jurisdictions. Mr. Emefiele gave the charge on Wednesday, at the opening …
Read More »How Former Minister Wakil, Others Shared N450m 2015 Election Bribe – EFCC Witness
EFCC accused the former minister, Mr Wakil, and his co-defendants of receiving N450 million from the $115million disbursed by then Minister of Petroleum Resources, Diezani Alison-Madueke, to influence the outcome of the 2015 presidential election. The Federal High Court in Maiduguri, Borno State, on Tuesday, heard how a former Minister of Power, Mohammed Wakil, and others allegedly received N450 million …
Read More »Election Materials: PDP, Atiku Withdraw Court Application Against INEC
The Peoples Democratic Party and its presidential candidate, Atiku Abubakar, have withdrawn an application they filed to compel the Independent National Electoral Commission to allow their agents to participate in the process of sorting out ballot papers that were used for the February 25 presidential election. Both the PDP and Atiku, who are separately challenging the outcome of the election …
Read More »ANALYSIS: Election Litigation: Can Peter Obi Again Alter Nigeria’s Election Calendar?
Obi’s epic judicial battles and tenacity made Anambra the first state in Nigeria to have an off-season governorship election. The judicial trenches are certainly not unfamiliar terrain for Peter Obi, the presidential candidate of the Labour Party (LP) in the 25 February general election. About 20 years ago, Mr Obi contested the 19 April, 2003 governorship election in Anambra State on …
Read More »Osinbajo Launches $600m Scheme For Young Nigerians In Tech, Creative Sectors
*Funding by AfDB, France, Islamic Devp. Bank, BOI for young Nigerians ages 15-35 *VP calls on African Governments, private sector to invest more in innovation, targeting job creation *AfDB President commends VP’s dynamic leadership, says “you are an amazing leader in our nation, you are very focused, very determined…” Vice President Yemi Osinbajo (SAN), today launched a $600 million programme …
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