FRC to sanction banks for violating loan conditions to states
The Fiscal Responsibility Commission (FRC) has notified about 14 banks and financial institutions allegedly granting loans without due process to state governments. Executive Chairman of FRC, Mr. Victor Muruako, made the disclosure at a Transparency and Accountability Sensitisation Workshop for the South-West in Lagos on Monday. Muruako said the commission was already engaging with the loan institutions and those proven to...
Army blames IPOB/ESN for killings, arson, destructions in S/East
The Nigerian Army has accused members of the proscribed Indigenous People of Biafra (IPOB) and Eastern Security Network (ESN) of being responsible for recent killings, arson and destructions in the South-East. The Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu, stated this while briefing newsmen on the ongoing army exercises across the country on Monday in Abuja. Nwachukwu said the group had...
IGP: Invasion of Justice Odili’s residence unfortunate, unacceptable
The Inspector-General of Police, IGP Alkali Baba Usman, has vowed to unravel the perpetrators and motives behind the breach of the Abuja residence of Justice Mary Odili, with a view to bringing all indicted persons to book. The IGP described the "violation of the sanctity of the residence of the Justice of the Supreme Court as unfortunate and unacceptable." Already, IGP Usman has...
Lagos building collapse: 4 dead, 3 rescued, many trapped, owner arrested
Three persons have so far been rescued while four others were brought out dead from the rubbles at the 21-storey building collapse on Gerard Road, Ikoyi, Lagos. Mr. Ibrahim Farinloye, South West Zonal Coordinator of the National Emergency Management Agency (NEMA) disclosed this in Lagos on Monday. Many are still trapped. NEMA team and that of the Lagos State Emergency Management Agency...
500 Lagos students partake in U.S. Consulate-backed STEM workshops
More than 500 high school students from underserved communities of Agege, Alimosho and Ifako-Ijaiye in Lagos Education District 1, participated in a series of STEM workshops sponsored by the U.S. Consulate General in Lagos. The workshops were held between October 12 and 28. During the workshops, the students learnt how to build, programme, and fly drones, computer coding, solar panel assembly, weather...
EXCLUSIVE: Nigeria seeks $360m loan for mosquito nets, malaria drugs, surveillance
The Federal Ministry of Health (FMoH) is seeking $360 million loan for the purchase of Long-Lasting Insecticidal Nets (LLINs) and malaria drugs, and for surveillance activities for its malaria programme. This is contrary to the $200 million that was disclosed during the budget presentation by the Permanent Secretary in the ministry, Mahmuda Mamman. The Star reports authoritatively that two key donors in...
UBA GMD, Kennedy Uzoka, wins ‘Finovator of the Year’ Award
The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc., Kennedy Uzoka, has been announced as the winner of the Finovator of the Year’ Award for the year 2021. The Finovator of the Year’ Award is organised by the Finnovex West Africa Awards 2021, co-located with Finnovex West Africa Virtual Summit. Uzoka was selected as the winner of the...
Lawmakers’ thugs clash as embattled Plateau speaker, colleagues meet
The crisis rocking the Plateau State House of Assembly continued on Monday as rival thugs supporting the two contending sides clashed at the assembly’s complex. Trouble started when the embattled Speaker, Abok Ayuba, and lawmakers loyal to him were holding a meeting inside the building. Ayuba was on October 27 impeached by eight of the 24 members of the assembly and...
Messi: I’ll love to return as Barcelona technical director
Lionel Messi said he will return to live in Barcelona with his family when his time at Paris St Germain was over. He said he would like to help the LaLiga club in the role of a technical director. Messi ended a two-decade stay at FC Barcelona, where he was their record scorer with 672 goals, in the off-season he joined...
Anambra 2021: Andy Uba’s ‘Igwebuike’ philosophy and winning streak
By VICTOR AFAM OGENE That democracy is a game of numbers has never been a subject of debate. It is an obvious fact, both in principle and in practice. Indeed, in this universally preferred form of government, the people are rightly the vital engine that powers democratic processes and its actualisation. Therefore, from this foundational framework, there is no gainsaying that...
