BY JAMES AKINOLA The Federal Government has officially designated Simon Ekpa and 15 other individuals as terrorism financiers. The government also declared the Lakurawa Sect as a terrorist organization and a terrorism financier. These actions were taken following their alleged involvement in funding and supporting terrorist activities. The announcement cameContinue Reading
BY ADOLPHUS DURU The Economic and Financial Crimes Commission(EFCC) has quizzed a former Minister for Women Affairs, Uju Kennedy Ohanenye for her alleged roles in the misappropriation of N138million. The ex-Minister was one of those dropped recently by President Bola Ahmed Tinubu. She was alleged to have violated procurement processContinue Reading
BY GODWIN OBI The Senate Committee on Ethics, Code of Conduct, and Public Petitions has dismissed Senator Natasha Akpoti-Uduaghan’s sexual harassment and abuse of office petition against Senate President Godswill Akpabio, declaring it “dead on arrival” The committee on Wednesday cited procedural violations and legal constraints During the probe session,Continue Reading
BY JOY OKON • Lagos approves certificate to begin construction FirstBank of Nigeria Limited (FirstBank) yesterday entered an era of dominance and sustained leadership in the financial market following the groundbreaking for its state-of-the-art and eco-friendly headquarters at the Eko Atlantic City, Victoria Island, Lagos. The bank’s management was laudedContinue Reading
BY GODWIN OBI The Federal Government has launched a Digital Bridge Institute (DBI) certificate licensing programme to enhance workforce skills and address Nigeria’s widening digital skills gap. During the unveiling of the programme on the Lagos campus of the institute, DBI President and CEO David Daser highlighted the importance ofContinue Reading
BY GODWIN OBI After a successful but challenging pilot run of the B’Odogwu modern initiative platform at the Port Terminal Multi-services Limited (PTML) Area Command, the Nigeria Customs Service (NCS) is preparing for a nationwide rollout. This move promises to revolutionize customs operations across the country, starting with key portsContinue Reading
BY JOY OKON, ADOLPHUS DURU, JAMES AKINOLA Tensions in Rivers State have escalated as Ijaw groups, including the Ijaw National Congress and the Ijaw Youths Council, issued a strong warning against the impeachment of Governor Siminalayi Fubara. The groups declared their readiness to defend Fubara’s mandate, cautioning that any moveContinue Reading
An economist, Paul Alaje, says the ongoing price war between the Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited will “erode abnormal profit” enjoyed by capitalists. “You may want to call it a price war but in economics, when a duopoly fights, it is the best for theContinue Reading
BY GODWIN OBI The Federal Government has initiated criminal proceedings against mobil telecommunication giant, MTN Nigeria Communications Plc and two others over their alleged hoarding of information requested by Federal Competition and Consumer Protection Commission (FCCPC). Listed as co-defendant with MTN, in a charge, now pending before the Federal HighContinue Reading
BY OGDWIN OBI The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a significant leadership shakeups. These appointments affect crucial areas such as Monetary Policy department, Trade and Exchange Department, Banking Supervision, Payment Systems and Consumer Protection among others. This new appointments are comingContinue Reading