Opposition lawmakers in the National Assembly have maintained their stance to impeach President Muhammadu Buhari if he fails to address the security challenges in the country within six weeks. In separate interviews with Punch, the Senators insisted that there is no turning back from the impeachment move, contrary to a rumor that the lawmakers had changed their minds. ...
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Court to hear certificate forgery suit against Tinubu on Sept. 7
The Federal High Court Abuja has fixed September 7, for the hearing of a legal suit seeking the disqualification of Bola Ahmed Tinubu, the presidential candidate of All Progressives Congress (APC), from contesting the 2023 elections for allegedly presenting the forged certificate. Justice Ahmed Mohammed fixed the hearing, just as it granted an ex-parte order for substituted service on Tinubu ...
Read More »Sterling bank account used to commit N35m LPO fraud
The Police Special Fraud Unit, PSFU, Ikoyi, Lagos State, Nigeria, has arraigned a medical drugs supplier, Makinde Olufemi Abiodun, before a Federal High Court sitting in Ikoyi, over alleged N35 million Local Purchase Order (LPO) fraud. Besides, Makinde was also charged by the Police for the issuance of dud cheques. Makinde was arraigned before Justice Nicholas Oweibo on two counts ...
Read More »Keystone Bank launches Apprentice Settlement Savings account for business owners
Keystone Bank Limited, one of Nigeria’s leading retail lenders, has launched a special savings account for business owners tagged: ‘Keystone Apprentice Settlement Savings Account.’ According to the bank, the new account also known as ‘Oga Account’ which was formally launched on Wednesday, in Lagos, is ‘aimed at meeting the needs of its customers across Nigeria involved in the apprenticeship system. ...
Read More »Against Emefiele’s claims, facts reveal NNPC remitted $2.7bn to its CBN accounts in six months
Despite claims by the Central Bank of Nigeria Governor, Mr Godwin Emefiele, that the crisis being experienced by the Naira was due to non-remittances by the Nigerian National Petroleum Company Ltd, fresh facts revealed that the national oil company actually remitted a whopping sum of $2.7bn into its account with the apex bank during the first six months of this ...
Read More »National Youth Council Of Nigeria Asks Buhari To Sack Central Bank Governor, Emefiele Over Naira Depreciation, Poor Economy
The naira last week depreciated to an all-time low of N730 to a US dollar at the parallel market. The National Youth Council of Nigeria (NYCN) has blamed the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele’s poor economic management policies for the recent depreciation of the naira against the United States dollar. The naira last week depreciated to ...
Read More »BREAKING: ASUU extends strike by four weeks
The National Executive Council of the Academic Staff Union of Universities (ASUU), has announced a four-week extension of the ongoing strike in public universities. The union disclosed this after a meeting on Monday. It partly read, “Following extensive deliberations and taking cognisance of Government’s past failures to abide by its own timelines in addressing issues raised in the 2020 FGN/ ASUU ...
Read More »Terrorists take over Kaduna communities, kidnap 50
Hundreds of villagers in Damari town under Kazage Ward in the eastern part of Birnin-Gwari Local Government Area of Kaduna State are fleeing their homes en masse after bandits dislodged members of the Ansaru terrorist group last week after a fierce fight. Daily Trust reports that a local union said at least 50 persons have been abducted by the bandits ...
Read More »Harvard: Gbajabiamila Apologizes To Nigerians
Femi Gbajabiamila, the Speaker of the House of Representatives, on Wednesday apologized to Nigerians over his recent post, insisting that it was not his intention to cause disaffection amid the ongoing strike action by the Academic Staff Union of Universities (ASUU) and other unions. Recalls Gbajabiamila recently posted a picture of himself attending a leadership course at Harvard University in ...
Read More »Additional pain for Nigerians as FG imposes another 5% tax on calls, data
The Muhammadu Buhari-led federal government has concluded plans to impose another five per cent Excise Duty on all telecommunications services, including calls, SMS, and data services. Zainab Ahmed, minister of finance and national planning disclosed this at a stakeholders’ forum organised by the Nigerian Communications Commission, NCC in Abuja on Thursday. Ahmed said the decision was motivated by the ...
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