News

President Bola Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). This was contained in a statement signed by Segun Imohiosen, the Director of Information, office of Secretary to the Government of the Federation. He said this is further to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes. The ...

Hours after it announced the dissolution of the boards and managements of three banks yesterday, the Central Bank of Nigeria (CBN) has named new executives to oversee the operations of Union, Keystone and Polaris banks. The apex bank acted to maintain the stability and continuity of the affected institutions in the face of the restructuring. It said the appointments take immediate ...

Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu, in a section of the media. The reports had claimed Dr Onyeagwu was arrested by the EFCC in connection with alleged fraud at the Ministry of Humanitarian Affairs. The foremost lender however clarified that ...

President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect, over an alleged N585m scandal in the Ministry. Special Adviser on Media and Publicity to President Tinubu, Ajuri Ngelale, in a statement on Monday said it is in line with the president’s avowed commitment to uphold the highest standards ...

The Senate has ordered a probe into the N10 billion restructuring funds released to NIPOST by the Federal Ministry of Finance. This followed the discovery of irregularities in the agency’s subsidiaries – NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. In its resolution of December 30, 2023, Red Chamber said it uncovered alleged illegal transfer of federal ...

A few hours after her suspension, the Economic and Financial Crimes Commission (EFCC) yesterday arrested the National Coordinator and Chief Executive Officer (CEO) of the National Social Investment Programme Agency (NSIPA), Halima Shehu. She was still being detained as at press time last night. Halima Shehu was picked up in connection with the movement of N17 billion from NSIPA account to ...

  The Federal Government has suspended the accreditation and evaluation of degree certificates from Benin Republic and Togo. This move followed a report detailing how a degree was acquired from a university in Benin Republic in under two months. “This report lends credence to suspicions that some Nigerians deploy nefarious means and unconscionable methods to get a Degree with the ...

Dear Compatriots, It gives me immense joy to welcome each and everyone of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for His grace and benevolence to our country and our lives in the year 2023 that has just gone by. Though the past year was ...

In a move towards fostering gender equality, inclusiveness, economic empowerment and in promoting the development of the micro, small and medium enterprises in the country, Keystone Bank Limited recently empowered over 300 female-business owners in Maiduguri, Borno State capital. The well-attended event was held at the White Arena Event Centre in Old GRA, Maiduguri, on Tuesday, December 5th, 2023. At ...

The Newsmaxng reports that Heavily Armed DSS officials have taken over the Supreme Court ahead of Nnamdi Kanu’s Judgment delivery. This online news gathered that heavily armed operatives of the Department of State Services, DSS, have taken over security arraignment of the Supreme Court ahead of judgment in a suit by the Federal Government against the leader of the Indigenous ...