BY GODWIN OBI The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their funds in the bank are safe. Hassan gave this reassurance at the 2024 NDIC Editors Forum held in Lagos on Saturday. The NDIC boss, whoContinue Reading
BY GODWIN OBI The Federal Government of Nigeria and Fundação Getulio Vargas (FGV) of Brazil have signed a Memorandum of Understanding (MOU) to advance private sector development in fertiliser production, hybrid seed technology, and agricultural finance. According to a statement from the Nigerian Presidency and signed by the Director (InformationContinue Reading
BY GODWIN OBI Prof Ibrahim Gambari, former Chief of Staff to ex-President Muhammadu Buhari, has urged the administration of President Bola Tinubu to tweak some of its policies adopted from the World Bank and the International Monetary Fund (IMF). “Ultimately, what’s the value of the policies that the people doContinue Reading
The committee set up by the Edo government to recover government assets says over 200 vehicles belonging to the state are missing. Chairman of the committee set up to recover vehicles belonging to the Edo State Government, Kelly Okungbowa, has declared that over 200 vehicles are currently missing. Okungbowa disclosedContinue Reading
BY JAMES AKINOLA The Federal Government on Friday attributed the arrest of Simon Ekpa, the self-acclaimed Prime Minister of the Biafra Republic Government in-Exile, to sustained diplomatic pressure on Finland by Nigeria. Ekpa was arrested alongside four others on Thursday on suspicion of terrorist activities. The Finnish District Court ofContinue Reading
Some Nigerians in Finland are in panic following the arrest and detention of separatist leader, Simon Ekpa. Ekpa is one of the leaders of the outlawed Indigenous People of Biafra. According to sources, Nigerians in the European country are afraid of commenting on the arrest of the suspect over fearContinue Reading
By our reporter President Bola Tinubu has called on the military across Africa to unite in addressing insecurity and other threats to the continent’s unity and stability. He gave the charge on Wednesday when he officially declared open the second edition of the Africa Military Games (AMGA) in Abuja, heraldingContinue Reading
BY GODWIN OBI The Independent Corrupt Practices and Other Related Offences Commission on Tuesday announced that it has begun tracking constituency projects worth N610bn across 22 states. The anti-graft explained that the initiative aims to ensure that the projects are not abandoned and that the allocated funds are properly utilised.Continue Reading
OYETOLA BY GODWIN OBI The inaugural PortNews Summit is scheduled to hold on Wednesday, December 4, 2024, at Rockview Hotel, Apapa, Lagos. The even which is being organized by PortNews Newspaper, will focus on the theme: “Port Reforms and Local Content: Has Nigeria Fared Well?” The high-profile summit will bringContinue 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