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It has been a very challenging time for us in the country — TinubuPresident Bola Tinubu has said that the last one year ...
10/06/2024

It has been a very challenging time for us in the country — Tinubu

President Bola Tinubu has said that the last one year of his administration has been quite challenging.

President Tinubu who said this at the inauguration of engineering infrastructure in Guzape District Lot II, in Abuja, noted that his administration has been retooling and rejigging the country’s financial system to bring prosperity and relief to the people.
He also said that his administration is prioritizing people-focused development by providing essential infrastructure and amenities that will improve the quality of life of the people.

Tinubu said;

“Minister Nyesom Wike has provided exceptional leadership at a trying time for the country. It has been a very challenging time for us in the country. We are still retooling and rejigging our financial system to bring prosperity and relief to the people of this country.

“You have demonstrated the capacity to build a team, lead a team, and deliver on promises. I commend you. To all of you here, to the District Head of Guzape, and the representatives, litigation is not the answer. Compensation is the answer.

“Development that is focused on the people for economic prosperity and benefits is what we should pursue.”

By Emma Onye NkuziAn Igbo lady gets shocked after she visits her uncompleted building in Abuja and finds out it was alre...
10/06/2024

By Emma Onye Nkuzi

An Igbo lady gets shocked after she visits her uncompleted building in Abuja and finds out it was already occupied.

She was carrying the new born baby by the occupants with compassion and pity.

According to the lady, she was surprised to learn that her uncompleted building had been taken over by a Hausa family that couldn’t converse in English. The lady did not seem bothered by the new occupants’ actions and offered them N2k before leaving.

𝐍𝐚𝐢𝐫𝐚 𝐚𝐛𝐮𝐬𝐞: 𝐄𝐅𝐂𝐂 𝐚𝐫𝐫𝐞𝐬𝐭𝐬 𝐰𝐨𝐦𝐚𝐧 𝐟𝐨𝐫 𝐬𝐩𝐫𝐚𝐲𝐢𝐧𝐠 𝐍𝟏𝟎𝟎𝟎 𝐧𝐨𝐭𝐞𝐬Investigators of the Economic and Financial Crimes Commission, G...
22/05/2024

𝐍𝐚𝐢𝐫𝐚 𝐚𝐛𝐮𝐬𝐞: 𝐄𝐅𝐂𝐂 𝐚𝐫𝐫𝐞𝐬𝐭𝐬 𝐰𝐨𝐦𝐚𝐧 𝐟𝐨𝐫 𝐬𝐩𝐫𝐚𝐲𝐢𝐧𝐠 𝐍𝟏𝟎𝟎𝟎 𝐧𝐨𝐭𝐞𝐬

Investigators of the Economic and Financial Crimes Commission, Gombe State Zonal Command, have arrested a woman identified as Janty Emmanuel for allegedly abusing the Nigerian currency in the state

14/05/2024

Men of the Lagos state police command have arrested singer Portable. The singer was arrested today May 14 following a petition from a car dealer. Portable allegedly purchased a G-Wagon worth N27 million from the car dealer, made a down payment and took the vehicle away with the promise to pay the balance.

After waiting for a while without any word concerning his balance, the dealer reached out to the singer who claimed the car he purchased had faults. The dealer then asked the singer to return the car or pay the balance but Portable allegedly refused.

Following a petition from the dealer, the police moved in and arrested the singer who is currently in their custody.

When contacted, the spokesperson of the Lagos state police command, SP Benjamin Hundeyin confirmed the arrest of the singer.

Nigerian Pastor Jailed In The UK For Pocketing Church Funds Ebenezer Oduntan, former pastor of Redeemed Christian Church...
14/05/2024

Nigerian Pastor Jailed In The UK For Pocketing Church Funds

Ebenezer Oduntan, former pastor of Redeemed Christian Church, passed five times more than declared income through accounts.

A former pastor of a Christian church based in Kildare has been convicted of a range of theft charges, involving more than €125,000, as well as multiple breaches of company law and deception.

As well as stealing money, Ebenezer Oduntan, former pastor of the Redeemed Christian Church of God (RCCG) City of David, ran an elaborate fraud, generating payments from the Revenue Commissioners.

Mr Oduntan, Curragh Grange, Newbridge, Co Kildare, has now been convicted of all 87 charges he faced.

When his bank accounts were analysed as part of a criminal investigation into his finances, he was found to have passed five times more than his declared income through his accounts for the years 2012-2018.

 : Rivers Governor, Fubara To Set Up Panel To Probe Nyesom Wike's Eight-Year Administration
13/05/2024

: Rivers Governor, Fubara To Set Up Panel To Probe Nyesom Wike's Eight-Year Administration

BARR CHIJIOKE PRECIOUS SAN WROTE:THAT YOUR FIRST SALARY IS YOURSIn the controversy regarding who owns YOUR first salary,...
12/05/2024

BARR CHIJIOKE PRECIOUS SAN WROTE:

THAT YOUR FIRST SALARY IS YOURS

In the controversy regarding who owns YOUR first salary, YOUR pastor, dibịa or YOUR father, I resolve it in YOUR favour. That money belongs to YOU. Use it for what YOU wish. YOU can also give it to anyone YOU wish, YOUR father, mum, aunt, uncle, pastor, dibịa, beggar, a cause, a person in need etc.

Spiritually, (if YOU are spiritual) YOUR first earning belongs to God. God is in YOU. So exercise YOUR sovereign will to do what YOU like with it according to YOUR need at the time. I don't believe in magic. There is no proof that those whose pastors, dibịas or fathers took their first salary turned out better than those who did not hand it over to them. Believe me YOUR father or pastor or dibịa gave no one their first earning. And YOU can always give YOUR pastor, dibịa or father money any other time YOU wish. It doesn't have to be your first earning. Stop being superstitious. Neither YOU, YOUR father, pastor nor YOUR dibịa is a magician.

Let no one beguile YOU. It's all about YOU. Yes, YOU.

Glory be to God in the highest for YOU. Hallelujah.

Bar. Chijioke Precious SAN

By Lawrence I. OkoroTinubu was able to steal an election when he wasn't President.In 2027, he will be running for reelec...
12/05/2024

By Lawrence I. Okoro

Tinubu was able to steal an election when he wasn't President.

In 2027, he will be running for reelection as the President. This means INEC, POLICE, CBN and other agencies/institutions will be deep in his pocket.

Instead of us to start building alliances with others to unseat him, we are further destroying the house we had in 2023.

Presently the Obidient movement isn't as strong as it was in 2023. Take it or leave it.

Many that voted in 2023 will not vote in 2027, because of the lack of truth for the electioneering system.

An alliance across the political sphere should be the goal at this point, if truly we all want a New Nigeria with Peter Obi as President.

It's becoming obvious that many will not speak up in support of this because they are scared of being cancelled. So you want to remain in the good books of the emotionally blinded individuals. But if you love Nigeria and want Peter Obi to succeed then you have to start speaking the truth of an alliance that's the only way out.

Nobody wins an election by emotional takes.

We have to be strategic is thinking and action.

Tinubu Orders Suspension Of Cybersecurity LevyPresident Bola Tinubu has instructed the Central Bank of Nigeria to halt t...
12/05/2024

Tinubu Orders Suspension Of Cybersecurity Levy

President Bola Tinubu has instructed the Central Bank of Nigeria to halt the controversial cybersecurity levy policy and conduct a review.

This follows the House of Representatives' resolution last Thursday to request that the CBN rescind its circular mandating all banks to charge a 0.5% cybersecurity tax on all electronic transactions in the country.

The CBN on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy, following the provisions laid out in the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024.

Another presidency official who preferred to remain anonymous as he was not authorised to speak on the issue said these discrepancies prompted the President to order a review.

“If you look at it, the law predates the Tinubu administration. It was enacted in 2015 and signed by Goodluck Jonathan. It is only being implemented now.

“You know he (Tinubu) was not around when that directive was being circulated. And he does not want to present his government as being insensitive. As it is now, the CBN has held off the instruction to banks to start charging people. So, the President is sensitive. His goal is not to just tax Nigerians like that. That is not his intention. So, he has ordered a review of that law.”

12/05/2024

Tinubu orders CBN to suspend 0.5% cybersecurity levy

Here Is A List Of Licensed Deposit Money Banks In Nigeria  Here are Banks with international authorisation:1. Access Ban...
08/05/2024

Here Is A List Of Licensed Deposit Money Banks In Nigeria

Here are Banks with international authorisation:

1. Access Bank Limited,
2. Fidelity Bank Plc,
3. First City Monument Bank Limited,
4. First Bank Nigeria Limited,
5. Guaranty Trust Bank Limited,
6. United Bank of Africa Plc, and
7. Zenith Bank Plc.

Here are Commercial banks with national authorisation:

1. Citibank Nigeria Limited,
2. Ecobank Nigeria Limited,
3. Heritage Bank Plc,
4. Globus Bank Limited,
5. Keystone Bank Limited,
6. Polaris Bank Limited,
7. Stanbic IBTC Bank Limited,
8. Standard Chartered Bank Limited,
9. Sterling Bank Limited,
10. Titan Trust Bank Limited,
11. Union Bank of Nigeria Plc,
12. Unity Bank Plc,
13. Wema Bank Plc,
14. Premium Trust Bank Limited and
15. Optimus Bank Limited.

Here are Commercial banks with regional licenses:

1. Providus Bank Limited,
2. Parallex Bank Limited,
3. Suntrust Bank Nigeria Limited, and
4. Signature Bank Limited.

Here are players in the non-interest banking sector with national authorisation:

1. Jaiz Bank Plc,
2. Taj Bank Limited,
3. Lotus Bank Limited, and
4. Alternative Bank Limited.

Here is a list of Marchant Banking Licence with National Authorization

1. Coronation Merchant Bank Limited,
2. FBN Merchant Bank Limited,
3. FSDH Merchant Bank Limited,
4. Greenwich Merchant Bank Limited,
5. Nova Merchant Bank Limited, and
6. Rand Merchant Bank Limited.

Here are the financial holding companies listed

1. Access Holdings Plc,
2. FBN Holdings Plc,
3. FCMB Group Plc,
4. FSDH Holding Company Limited,
5. Guaranty Trust Holding Company Plc,
6. Stanbic IBTC Holdings Plc, and
7. Sterling Financial Holdings Limited.

‘Attempt To Impeach Fubara Will Be Resisted’ – Rivers Govt Warns APC, Says 27 Lawmakers Don’t ExistThe Rivers State Gove...
08/05/2024

‘Attempt To Impeach Fubara Will Be Resisted’ – Rivers Govt Warns APC, Says 27 Lawmakers Don’t Exist

The Rivers State Government has slammed the All Progressives Congress, APC, over its call on the State House of Assembly to immediately commence an impeachment process against the governor of the state, Siminalayi Fubara.

The state’s Commissioner for Information and Communications, Joseph Johnson, explained that the 27 lawmakers in the State House of Assembly lacked the moral standing to impeach the governor.

The commissioner warned the APC lawmakers, who are loyal to Federal Capital Terrority, FCT, minister, Nyesom Wike, against embarking on such a venture, stressing that any attempt to impeach the governor will be resisted by the Rivers people.

Report has it that the Caretaker Committee Chairman of the APC in Rivers State, Tony Okocha, had at a press conference in Port Harcourt called on the State Assembly to quickly commence impeachment process against the governor.

Okocha stated that the impeachment was necessary because the governor “has insulted the sensibility” of President Bola Ahmed Tinubu, who waded in to resolve the lingering crisis in the state.

However, the Information and Communications Commissioner, in a quick response, said Okocha lacked the morality to talk about the state government, noting that Okocha was not a legitimate member of the APC.

According to the commissioner, attempts to impeach the governor would not be an easy journey, noting that the people of the state would resist such moves with their blood.

He said, “It is not going to be an easy journey. They should not imagine embarking on it because Rivers people will resist them. Rivers people will resist them because it is even baseless to think of it. They are not fighting with legitimacy; they are only fighting for their own survival. On what plank will you put that? The law says you can’t put legality on illegality.

“As far as we are concerned, they do not even have the locus standi to do that. They should not even bother to start it because Section 109(g) has settled the case. It says if an Assembly member defects from his own party that brought him to power, you automatically lose his seat. They have done that, and it is settled. Our Constitution is the grand norm.

“The court, the Supreme Court, is there to look at these elementary issues. There is also a subsisting judgement on this, so we don’t need a second opinion on whether we should respect them as Assembly members or not. The Supreme Court has already declared those seats vacant.

“Tony Okocha was just yesterday declared as not being a member of APC by a former chairman of the party, Sokonte Davies. He is a factional chairman. We want the faction led by Chief Emeka Beke to say the same thing. Okocha is standing on one leg. His call is an empty call. His advice to impeach the governor is a journey that leads nowhere, and they will not succeed. The lawmakers are not existent, and they are not seen in law.”

07/05/2024

All POS operators get July 7 deadline to register with CAC.

First Lady Celebrates Pioneer Nigerian Female Graduate Of UK Military AcademyFirst Lady, Oluremi Tinubu, on Monday hoste...
06/05/2024

First Lady Celebrates Pioneer Nigerian Female Graduate Of UK Military Academy

First Lady, Oluremi Tinubu, on Monday hosted the first female Nigerian graduate of the Royal Military Academy Sandhurst in the United Kingdom, 2nd Lt Oluchukwu Owowoh.

PUNCH reported in April that, at 24 years old, Owowoh joined 134 other Officer Cadets in London for the Sovereign’s Parade, marking the culmination of 44 weeks of rigorous training as part of Commissioning Course 232.

In a statement signed on Monday by the Senior Special Assistant to the First Lady on Media, Kukoyi Busola, Mrs Tinubu was said to have commended Owowoh for her outstanding performance and resilience throughout her training, describing her as a shining example for Nigerian youths.

The statement quoted the First Lady as saying, "Your determination and resilience are quite remarkable, and you are an inspiration to the youth of this country. As a woman, the first who has made a mark in a male-dominated field, I salute you.

"This is just the beginning. You are now a reference point for all Nigerian youths. If you remain focused and positive, you will reach your goal in life.”

The First Lady was also said to have requested the presence of the wife of the Vice President, the wife of the Speaker, wives of ministers, wives of Service Chiefs and members of the Armed Forces of Nigeria to give a standing ovation to 2nd Lt. Owowoh.

The statement added that the Commandant of the Nigerian Defence Academy, Maj. Gen. OJ Ochai, explained that "Owowoh was the best of the 200 selected cadets from the NDA."

He stated that she excelled in three areas, which were academics, military subjects, and physical fitness.

"She has since been assigned to the Nigerian Military Intelligence Unit on her return to the country," the statement added.

Vice President Kashim Shettima Says President Tinubu's  Administration Is Determined To Eradicate Cor*ruption And Will D...
05/05/2024

Vice President Kashim Shettima Says President Tinubu's Administration Is Determined To Eradicate Cor*ruption And Will Do That Without Favouritism.

𝐅𝐨𝐫𝐦𝐞𝐫 𝐁𝐚𝐧𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 𝐉𝐚𝐢𝐥𝐞𝐝 𝟏𝟐𝟏 𝐘𝐞𝐚𝐫𝐬 𝐟𝐨𝐫 𝐍𝟏𝟏𝟐𝐦 𝐅𝐫𝐚𝐮𝐝Former First City Monument Bank manager, Nwachukwu Placidus, has bee...
04/05/2024

𝐅𝐨𝐫𝐦𝐞𝐫 𝐁𝐚𝐧𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 𝐉𝐚𝐢𝐥𝐞𝐝 𝟏𝟐𝟏 𝐘𝐞𝐚𝐫𝐬 𝐟𝐨𝐫 𝐍𝟏𝟏𝟐𝐦 𝐅𝐫𝐚𝐮𝐝

Former First City Monument Bank manager, Nwachukwu Placidus, has been sentenced to 121 years in prison by Justice S. N. Odili of the Anambra State High Court in Onitsha, Anambra state.

Placidus was found guilty of diverting N112,100,000 of a customer's fixed deposit funds for his own personal use.

Placidus was arraigned on Tuesday, March 27, 2018 on 16-count charges bordering on forgery, stealing, obtaining by false pretence and uttering, by the Economic and Financial Crimes Commission, Enugu Zonal Command.

The Economic and Financial Crimes Commission disclosed this in a statement shared on its page on Saturday.

According to the statement, Placidus pleaded not guilty to the charges when they were read to him.

The statement read, "Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting fixed deposit funds of a customer to the tune of N112,100,000 for his personal use.

"In the course of trial, the EFCC, through its counsel, Mainforce Adaka Ekwu presented four witnesses and tendered several relevant documents which were admitted in evidence.

"Justice Odili held that the prosecution proved its case beyond reasonable doubt and sentenced the convict to nine years imprisonment on count 3, 4 years on count 4 and 9 years on counts 5 to 16 respectively but was discharged on counts 1 and 2. The sentences shall run concurrently.

"The court further ordered the convict to restitute the said sum to his victim, Idemili Microfinance Bank."

Shettima: Tinubu inherited bad economy from BuhariVice President Kashim Shettima says President Bola Tinubu inherited a ...
03/05/2024

Shettima: Tinubu inherited bad economy from Buhari

Vice President Kashim Shettima says President Bola Tinubu inherited a dire situation when it took over from his predecessor, former President Muhammadu Buhari, in 2023.

Shettima said this during a meeting with a delegation from the United Nations System in Nigeria at the Presidential Villa in Abuja on Thursday, May 2, 2024.

Shettima noted that fuel subsidy had been an albatross around the neck of successive governments in Nigeria.

He said: “We had two options – either we get rid of subsidy or subsidy will get rid of the Nigerian nation.

“We have to be our brother’s keeper, but we were literally subsidising the fuel of the entire West African region.”

The Vice President said Tinubu’s decision to abolish the subsidy and unify the exchange rates to allow the naira to float freely “created a lot of challenges from the humanitarian end”.

Shettima added that removing fuel subsidy and unifying exchange rates were tough but necessary decisions to rescue Nigeria from economic disaster.

He, however, assured Nigerians that the country would work closely with the United Nations to address the nation’s challenges.

The Vice President also promised the UN delegation that Nigeria would close ranks with the global body.

On his part, the UN Resident and Humanitarian Coordinator in Nigeria, Mohammed Fall, said the global body would collaborate with President Tinubu’s administration to attain the Sustainable Development Goals (SDGs) in Nigeria.

He stated that the UN was of the conviction that the success or failure of Africa depends on Nigeria.

According to him, the progress of Nigeria translates to the development of Africa.

Fall added: “If Nigeria doesn’t make it, there is no chance for any country to make it.

“If Nigeria lifts it here, not only our sub-region but the entire continent and the world at large will be on track for the SDGs.

“If we succeed in Nigeria today, the whole of the continent succeeds, but if we have challenges or difficulties to succeed in Nigeria, I am sure it is all of our continent that will be pulled down.”

Tinubu’s policies averted economic collapse – Shettima
02/05/2024

Tinubu’s policies averted economic collapse – Shettima

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