CBN confirms return of N19.3bn Kogi bailout funds kept in Sterling Bank
The Central Bank of Nigeria (CBN) has acknowledged the receipt of the sum of N19,333,333,333.36 recovered by the Economic and Financial Crimes Commission (EFCC) from the Kogi State Salary Bail-out account domiciled in Sterling Bank Plc. The confirmation, EFCC said on Friday, effectively puts to rest the denials by the Kogi State Government that no fund was recovered from its...
Borno gov shares N500m, food items to IDPs ready to return home
Over 5,000 internally displaced persons (IDPs) who have volunteered to return to safe and rebuilt communities in Borno State on Friday received N500 million from Governor Babagana Zulum. The governor was at a government-controlled camp, fondly called ‘Bakassi’ in Maiduguri, at 5:45a.m. on Friday. Zulum, who spent seven hours coordinating food and cash aid to the IDPs, went unannounced in order...
NPA generates N256.28bn in 9 months, exceeds revenue target
Despite the impact of the COVID-19 pandemic on global trade and supply chain logistics, the Nigerian Ports Authority (NPA) generated N256.28 billion between January and September this year. With this, the agency has exceeded its target revenue for the period by 120 per cent. According to documents presented by the Authority's Acting Managing Director, Mohammed Bello Koko, to the House of...
Dangote: Doctors told me my brother’ll die in one hour
Africa’s richest man, Alhaji Aliko Dangote, has given last-minutes account of his billionaire brother, Sani Dangote, before his passage. Dangote, on Thursday, said doctors told him that his brother, Sani, would die in an hour. He said the brother died when it was time, “watching the life support machine going down until it stopped working.” Dangote stated this when the National Leader...
Buhari considers Nnamdi Kanu’s release as S’East leaders beg President
Leaders of the South-East on Friday made a passionate appeal to President Muhammadu Buhari for an unconditional release of Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB). Kanu is currently standing trial for treason. Though the President stated that the South-East leaders’ request runs contrary to the doctrine of separation of powers between the Executive and Judiciary, he...
Femi Adesina: Buhari rebuilding Nigerian Army destroyed by IBB, OBJ, Jonathan
The Presidency has declared that the Nigerian Army is no longer ‘an army of anything goes’ unlike in the past. It boasted of several interventions made by President Muhammadu Buhari to reposition the military since he came into office in 2015. It, however, lamented how the former presidents, especially Gen. Ibrahim Babangida, Gen. Sani Abacha, Gen. Olusegun Obasanjo and Dr. Goodluck Jonathan...
Marwa to NDLEA operatives: Resist temptations from drug barons
Chairman/Chief Executive of National Drug Law Enforcement Agency (NDLEA) has warned new cadets of the agency against taking bribes from drug barons. Marwa charged the 2,000 newly trained officers of the anti-narcotics body to resist every temptation that will make them compromise their duties and responsibilities. He gave the warning at the passing out parade of Assistant Superintendent of Narcotics Course...
N4.4trn debt: AMCON submits list of top 1,000 debtors to N’Assembly
As part of efforts to recover N4.4 trillion owed by some influential Nigerians and corporate entities, the Asset Management Corporation of Nigeria (AMCON) has submitted a list containing its top 1,000 obligors to the National Assembly. The list was handed over to the nation’s apex parliament hours after President Muhammadu Buhari signed into law the Asset Management Corporation of Nigeria...
2023: Buhari is in support of Direct Primaries – Gbajabiamila
President Muhammadu Buhari on Thursday in Abuja met behind closed doors with the Speaker of the House of Representatives, Femi Gbajabiamila, at the Presidential Villa, Abuja. Speaking to State House correspondents on the outcome of the meeting, the speaker expressed optimism that the Electoral Bill recently passed by the National Assembly would soon be signed into law by the president. According...
366 soldiers, policemen killed in terrorists’ ambush since 2019 – Report
A leading geopolitical intelligence platform, SB Morgan (SBM) Intelligence, has said in its latest report that no fewer than 569 people, including 337 soldiers and 29 policemen have been killed in different forms of ambush launched by insurgents since 2019. The foremost research organisation, which compiles and analyses data about happenings in the country, said that in the reviewed period...
