James Ibori, ex-Delta State Governor These are not the best of times for former Delta State Governor, James Ibori, as a UK judge has ordered his defence lawyer and accomplice, Bhadresh Gohil, to return £28 million to law enforcers or serve another prison term of 6 years. The London solicitor, …
Read More »We Are Gradually Withdrawing Old Naira Notes From Circulation– CBN
The Central Bank of Nigeria has said that it is gradually withdrawing old N1,000, N500 and N200 notes from circulation. The Acting CBN governor Folashodun Shonubi made the disclosure on Tuesday at the Monetary Policy Committee meeting. Ha also clarified that there are no plans to withdraw the new notes as being …
Read More »$8M Fraud: Court Has Exonerated Me- Babachir Lawal Tackles CSO
The former Secretary to the Government of the Federation (SGF), Babachir David Lawal, has reacted to the planned protest by the Human & Environmental Development Agenda (HEDA) if the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission do not revisit some high profile …
Read More »ESPN analyst Hislop collapses on air at Milan-Madrid friendly
Former West Ham goalkeeper Shaka Hislop sparked a health scare after collapsing on air ahead of Sunday’s friendly match between Real Madrid and AC Milan in California. Hislop, 54, who was working as an analyst for US broadcaster ESPN at the game, stumbled and fell to the ground during a …
Read More »Cabinet: Sanwo-Olu sets to submit commissioner-nominees final list to Lagos assembly
.priorities competence, commitment to state’s devt’l agenda as criteria Apprehension and anxiety have gripped All Progressives Congress, APC, fold and lobbyists as Lagos State Governor, Babajide Sanwo-Olu, is set to unveil and transmit the final list of his commissioner-nominees to the state House of Assembly for consideration and approval any …
Read More »ASUU president, students react to hike in varsities’ fees
ASUU President, Prof. Emmanuel Osodeke The National President, Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke and some students have said the recent hike in fees by federal government owned universities may lead to withdrawal of indigent students. Osodeke spoke against the backdrop of the recent hike in fess …
Read More »529 foreign-trained doctors failed medical exam – MDCN
Medical and Dental Council of Nigeria (MDCN) A total of 529 foreign-trained medical and dental graduates failed the assessment examination conducted by the Medical and Dental Council of Nigeria. This is according to the examination report obtained from the MDCN on Sunday. The two-day assessment examination was conducted on Wednesday, …
Read More »Construction firms borrow N21tn in four years – Report
Central Bank of Nigeria building Real estate and construction firms in the country were able to secure loans totaling N21.89tn in four years, findings by The PUNCH have shown. The sector also contributed N93.14tn to Nigeria’s Gross Domestic Product during the period, according to an analysis of the GDP report …
Read More »Ibori breaks silence on UK court order confiscating £101.5m
A former governor of Delta State, James Ibori, has vowed to appeal a United Kingdom (UK) court ruling ordering a confiscation of 101.5 million pounds linked to him. Judge David Tomlinson of the Southwark Crown Court, had ordered the confiscation on Friday. Reacting in a statement posted on his Facebook …
Read More »Nigerians Will Face More Hardship If CBN Raises Interest Rate, Uwaleke Warns Ahead Of MPC Meeting
Any attempt by the Central Bank of Nigeria to increase the monetary policy rate (MPR) will push more people into chronic hardship, according to Professor Uche Uwaleke, the president of the Association of Capital Market Academics of Nigeria. The CBN will on Tuesday debate whether to slow down inflation with …
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