BY GODWIN OBI Funds accrued under the Cabotage Vessel Financing Fund (CVFF) are intact and currently held with the Central Bank of Nigeria under the Single Treasury Account (TSA). This is contrary to a misleading publication alleging that funds have disappeared from the CVFF account. The report of a missingContinue Reading
BY GODWIN OBI, CHIGOZIE EZEH, JAMES AKINOLA The Presidency on Monday attacked former President Olusegun Obasanjo over his claim that corruption has reached a fatal stage in the country. The Presidency also faulted Obasanjo’s call for the sacking of the Independent National Electoral Commission Chairman, Prof. Mahmood Yakubu, over hisContinue Reading
BYGODWIN OBI The naira weakened by 2.31 per cent or N38.12 on Monday at the National Autonomous Foreign Exchange Market to N1690.37/$ compared to 1652.25/$ that it had closed the previous week at. According to FMDQ data on Monday, the daily turnover stood at $173.14m, indicating a 42 per centContinue Reading
BY GODWIN OBI The Anambra State Police Command has vowed to fish out the criminals that murdered four vigilante operatives and left two others seriously injured in the state. According to a statement by the Command’s Police Public Relations Officer, Tochukwu Ikenga, the Commissioner of Police, Nnaghe Itam, made theContinue Reading
BY GODWIN OBI A former Nigerian president Olusegun Obasanjo has faulted the leadership of President Bola Tinubu, saying the country is becoming a “failing state”. Obasanjo spoke in his keynote address at the Chinua Achebe Leadership Forum held at Yale University, New Haven, Connecticut, USA. “The more the immorality andContinue Reading