The All Progressives Congress in Ogun State has said that some chieftains of the Action Democratic Congress and the Peoples Democratic Party will defect to the APC on Tuesday (tomorrow). This is contained in a statement issued by the Publicity Secretary of the party’s Caretaker Committee, Tunde Oladunjoye. The …
Read More »Access Bank denies arrest of its GMD
Access Bank Plc has vehemently denied reports that its group managing director, Mr. Herbert Wigwe has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud. Some online news sites had reported that the Access Bank boss was arrested for his connection with the assets of …
Read More »EFCC: Shehu Sani not persecuted, he has questions to answer
The Economic and Financial Crimes Commission (EFCC) says Shehu Sani, former senator representing Kaduna central, has questions to answer. The anti-graft agency said this in a statement on Friday. The former senator was arrested two weeks ago for alleged extortion and he has been in custody since then. The EFCC had accused …
Read More »JAMB suspends use of NIN for 2020 UTME
The Joint Admissions and Matriculation Board has suspended the use of the National Identification Number for registration for the 2020 Unified Tertiary Matriculation Examination. This was announced by the Registrar of JAMB, Prof. Ishaq Oloyede, at a news briefing on Saturday in Abuja. Oloyede said the decision followed the difficulties …
Read More »BREAKING: Again, Buhari overrules power minister, recalls sacked NBET MD
President Muhammadu Buhari has reversed the dismissal of Marilyn Amobi as the managing director of the Nigerian Bulk Electricity Trading Company Limited (NBET). The directive is in a memo issued by the office of the secretary to the government of the federation (SGF). This newspaper learnt that the agency has …
Read More »Police chief warns kidnappers, cultists to leave Lagos or write their will
Commissioner of Police, Lagos State Police Command, CP Hakeem Odumosu, Wednesday sounded a note of warning to kidnappers and cultists, to either leave the state, renounce their membership or be prepared to write their will, threatening that the command would make their stay regrettable. Odumosu gave the warning while briefing …
Read More »First Bank CEO, Adesola Adeduntan bags “Cranfield University Distinguished Alumnus of the Year”
The Managing Director, First Bank Nigeria, Dr. Adesola Adeduntan, a visionary leader and an achiever to be reckoned with in the financial services sector has again kicked off the year in good form bagging the much-coveted and celebrated Cranfield University School of Management Distinguished Alumnus of the year Award. …
Read More »$24,000 extortion: EFCC combs Shehu Sani’s houses, office
Operatives of the Economic and Financial Crimes Commission on Wednesday searched two houses and an office of the embattled Senator Shehu Sani in Abuja. The action, it was gathered, was part of the ongoing probe of the former lawmaker for alleged extortion of $24,000 from the Chairman of ASD Motors, …
Read More »Finally, British MPs prepare to seal Brexit deal
After years of bitter arguments, British MPs will on Thursday finally approve the terms of Brexit, paving the way for the UK to leave the EU on January 31. The House of Commons will complete its scrutiny of a bill ratifying Prime Minister Boris Johnson’s European Union divorce deal, …
Read More »Loan to deposit ratio remains 65% – CBN tells banks
The Central Bank of Nigeria (CBN) says the minimum loan to deposit ratio for commercial banks would remain at 65% in the interim. In a statement signed by Ahmad Abdullahi, its director of banking supervision, the apex bank said it is has noticed a remarkable increase in the size of …
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