• Ebonyi varsity VC, other principal officers sacked

    Ebonyi varsity VC, other principal officers sacked

    Following the amendment of the Ebonyi State University (EBSU) Law 005 of 2016, which has been assented to by Governor David Umahi, the Vice-Chancellor of the university, in Abakaliki, Prof Francis Idike, and other principal officers of the institution have been ordered to immediately vacate their offices.

    Giving the order yesterday in Abakaliki after assenting to the amended law, Umahi said having exhausted their eight-year tenure as stipulated in the amendment, the officers should bow out with immediate effect (with effect […]

  • Ex-Diamond Bank staff, other get N20m bail in $1m fraud case

    Ex-Diamond Bank staff, other get N20m bail in $1m fraud case

    Justice Nnamdi Dimgba of the Federal High Court sitting in Maitama, Abuja on Monday, admitted the one Sada Adamu and Babatunde Faro, an employee of Diamond Bank Plc to bail on a 4-count of money laundering preferred against them by the Economic and Financial Crimes Commission, EFCC.

    Arraigned on Friday, November 11, 2016, Adamu was alleged to have made cash payment of $1 million being an amount exceeding the stipulated N5 million threshold payable cash by an individual according to law, […]

  • Governor Ajimobi slashes his salary, deputy, other Oyo political appointees by 50%

    Governor Ajimobi slashes his salary, deputy, other Oyo political appointees by 50%

    According to reports, the government of Oyo State on Monday announced 50 per cent slash of salaries and entitlement of all political appointees in the state owing to the prevailing economic situation in the country.

    The announcement was made by Secretary to the State Government, Mr. Olalekan Alli, who addressed newsmen at the state secretariat, Ibadan, adding that the slash will begin with immediate effect.

    According to him, “The slash in salary is for all political appointees starting from the Governor, Deputy […]

  • Col. Abu Ali, other fallen colleagues brought glory to Nigeria, says Buhari

    Col. Abu Ali, other fallen colleagues brought glory to Nigeria, says Buhari

    President Muhammadu Buhari on Sunday said the sacrifices of fallen officers and men in the war against terrorism in Nigeria would never go in vain.

    He said their memories would be eternally etched in the hearts and minds of fellow citizens for whose sake they laid down their lives.

    According to a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, the President was reacting to the death of Col. Abu Ali.

    Shehu quoted Buhari as saying that he was […]

  • EFCC bars Fani-Kayode, Mohammed, other detainees from calls, receiving visitors

    EFCC bars Fani-Kayode, Mohammed, other detainees from calls, receiving visitors

    It was gathered that the leadership of the Economic and Financial Crimes Commission (EFCC) has placed a ban on solidarity visits to, and phone calls by suspects in the Commission’s detention facilities.

    It was learnt that the said ban on visits and phone calls was conveyed in a circular from the Acting Chairman of the EFCC, Mr. Ibrahim Magu.

    Sources who confirmed the development, said it followed the recent visits of prominent personalities to former Director of Media, Goodluck Jonathan Presidential Campaign […]

  • Why Amaechi, other ministers are not being probed for corruption – Presidency explains

    Why Amaechi, other ministers are not being probed for corruption – Presidency explains

    Special Assistant to the President on Prosecution, Okoi Obono-Obla, in an interview by newsmen defended Buhari’s ministers against allegations of corruption levelled against them.

    “They have said there are some bad eggs in the executive. All what I see is a spate of speculative allegations. If you have anything against any member of the executive bring it out, concrete information on wrongdoing or corruption. They always mention Rotimi Amaechi, Babatunde Fashola and the Minister of Interior, Dambazau.

    According to him, they are […]

  • DSS mistook me for two other judges but still arrested me – Dimgba cries out

    DSS mistook me for two other judges but still arrested me – Dimgba cries out

    A Judge of the Federal High Court in Abuja, Justice Nnamdi Dimgba, has said the operatives of the Department of State Services who arrested him last week Friday mistook him for two other judges but still insisted on arresting him.

    Justice Dimgba said this in a protest letter he sent to the Chief Justice of Nigeria and the Chairman of the National Judicial Council, Justice Mahmud Mohammed, over his arrest by the DSS.

    Dimgba said he was mistaken for Justice Inyang Okoro […]

  • Shocking! Federal Government Could Shutdown Shoprite and Other Retail Stores … See Shocking Discovery

    Shocking! Federal Government Could Shutdown Shoprite and Other Retail Stores … See Shocking Discovery

    Through its National Biosafety Management Agency, the Federal Government of Nigeria has issued a seven-day ultimatum to retail store giants, Shoprite and Next Cash ‘N’ Carry to withdraw any product that contains Genetically Modified Organisms from their stores or risk a total shutdown.

    The Director-General, NBMA, Dr. Rufus Ebegba, said the complaints has come from the public about the sale of GMO foods in the two stores.

    He stated, “Recently, we carried out a survey of likely GMO products and we have […]

  • CBN suspends other banks, approves only First Bank for Forex sale to BDCs

    CBN suspends other banks, approves only First Bank for Forex sale to BDCs

    According to reports, the Central Bank of Nigeria (CBN) has suspended commercial banks in Nigeria except First Bank from selling foreign exchange directly to Bureaux De Change operators following their failure to comply with the July 22, 2016, directive to sell inflows from International Money Transfer Operators (IMTO) to BDC.

    The CBN Wednesday also suspended 195 BDCs from the market following their failure to renew their operating licenses.

    Banking sources told THEWILL that a circular on the development was sent to the […]

  • I’m not interested in buying NLNG, other national assets even on credit, says Dangote

    I’m not interested in buying NLNG, other national assets even on credit, says Dangote

    Following the outcry that has trailed the advocacy for the sale of the country’s national assets as a quick measure to fund the 2016 budget and boost the country’s foreign exchange reserves, the President/Chief Executive of Dangote Group, Alhaji Aliko Dangote, has dismissed insinuations that his advocacy for the sale of the assets was self-serving, saying he was not interested in any of the assets.

    Dangote, who spoke in an interview, stressed that if the Nigeria Liquefied Natural Gas Company or […]

  • CJN, other judicial officers’ remuneration, hit N33bn yearly

    CJN, other judicial officers’ remuneration, hit N33bn yearly

    According to reports, the Chief Justice of Nigeria (CJN), federal judicial officers, and State Judicial officers have in the last one year guzzled a total sum of N33.47 billion as emoluments and other allowances, checks by the Economic Confidential has revealed.

    The report obtained and computed by the Economic intelligence magazine and shared by PRNigeria, yesterday, showed annual salaries, regular and non-regular allowances of 934 judicial officers in the country, including the CJN.

    These include: vehicle maintenance and fuel, Personal Assistants, domestic […]