Tracka Demands Details Of N100Billion 2024 Zonal Intervention Projects In Nigeria, Laments Five Months’ Delay

Commenting on the development, BudgIT Foundation’s Country Director, Gabriel Okeowo, expressed displeasure over the unprecedented delay. Tracka, BudglT Foundation’s service delivery promotion platform, has demanded that Nigeria’s Budget Office release the budgetary details of the N100 billion Zonal Intervention Project (ZIP) outlined in the 2024 approved budget. Tracka made the …

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US-based Lawyer Accuses Former Anambra Police Commissioner, Adeoye Of Multi-billion-naira Fraud Through Ponzi Scheme, Seeks Probe, Prosecution

Turton accused Mr Aderemi Adeoye, a former Commissioner of Police in Anambra State of diverting funds under Alpha Trust Investment Club (ATIC), described as a supposed cooperative society.   Ayo Turton, a US-based attorney has accused a retired Nigerian police officer of swindling investors, including himself through a multi-billion-naira fraud, …

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Abbey Mortgage Bank Cleared of Insider Trading Allegations

Abbey Mortgage Bank Plc has been cleared of allegations regarding insider trading during a closed period, as initially stated in the Nigerian Exchange’s X-Compliance Report. After a review of the circumstances surrounding the case, the Nigerian Exchange (NGX) has decided not to enforce any penalties against the bank. The initial …

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Emirates returns to Nigeria from 1 October

Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, and offering customers more choice and connectivity from Nigeria’s largest city to, and through, Dubai. The service will be operated using a Boeing 777-300ER. EK783 will depart Dubai at 0945hrs, arriving in …

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NAHCON amendment bill scales second reading in Senate

NAHCON logo The National Hajj Commission of Nigeria (NAHCON) Amendment Bill on Wednesday scaled second reading in the Senate. This followed the presentation of the lead debate on the general principles of the bill by the sponsor, Senator Abbas Iya (PDP-Adamawa) on Wednesday during plenary. Iya said the bill sought …

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Former Abia Governor Ikpeazu Reacts To Alleged Diversion Of N12.8Billion Airport Fund Into 32 Accounts, Tells Otti Govt To ‘Follow Money Trail’

It was earlier reported that Governor Alex Otti of Abia State had unveiled a forensic report revealing how the sum of N12.8 billion was paid by the former governor of the state, Ikpeazu, to ghost contractors and other financial misconduct under the previous administration. Former Abia State Governor Okezie Ikpeazu …

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PenCom: Ensuring Exceptional Service Delivery Through Consumer Protection Framework (Part 2)

As reported on this page last week , the National Pension Commission (PenCom) recently issued the maiden Consumer Protection Framework for the Nigerian pension industry. Previously, we highlighted pension consumer rights and enforcement mechanisms as captured in the Framework. In this publication, we continue the discussion on the key highlights of the …

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Adeleke wants stronger ties with Glo, others

Governor of Osun State Governor, Senator Ademola Adeleke, has advised Globacom and other telecoms companies to strengthen ties with the states, which he describes as subnational entities  where the company’s market lies. The Governor  who made the remarks when he received a Globacom team in his office in Osogbo, also …

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