During a workshop organized for the Finance Correspondents Association of Nigeria (FICAN) and Business Editors in Lagos, NDIC’s Managing Director/CEO, Bello Hassan, emphasized the corporation’s critical role in protecting depositors’ funds. He stated, “The closure of Heritage Bank highlights the vital role the NDIC plays in ensuring that depositors are reimbursed swiftly. In line with…
Senator Ali Ndume highlights corruption’s impact, calls for new laws to combat unexplained wealth in Nigeria Corruption in Nigeria’s political system has long been a topic of concern, but Senator Ali Ndume is sounding the alarm on the extent of the problem. According to the senator, a significant number of politicians in the country engage…
Abuja – As the Senate and House of Representatives embark on another phase of reviewing Nigeria’s 1999 Constitution, senators have reached a consensus on granting full autonomy to local governments but remain deeply divided on the establishment of state police across the country. This comes after the Senate, in a plenary session earlier this year,…
Ndume’s Concerns Over Federalism System in Nigeria During a recent Senate Committee on Constitutional Review retreat in Kano, Senator Ali Ndume, representing Borno South, voiced his opposition to the federalism system in Nigeria. He believes that while the system is widely discussed during the constitutional reform process, it does not offer the best governance solution…
In September 2024, four bloggers were remanded in Lagos for cyberstalking and false publication against GTCO CEO, Segun Agbaje. The court arraigned the bloggers on charges involving the dissemination of false claims, accusing them of intentionally spreading misleading information about Agbaje’s involvement in alleged financial misconduct. The defendants were charged with cyberstalking and false publication…
The Presidential Compressed Natural Gas Initiative (PCNGI) has launched a comprehensive national program aimed at lowering transport fares and promoting the use of Compressed Natural Gas (CNG) as a cleaner, more affordable fuel alternative. The initiative, which started today in Abuja, is set to bring relief to commuters and provide new opportunities for Nigerian youth….
The Presidency has confirmed that a significant cabinet reshuffle is expected soon, with up to 11 ministers possibly losing their positions. This development, revealed during a media briefing at the Presidential Villa in Abuja by Bayo Onanuga, Special Adviser to the President on Information and Strategy, signals that President Bola Tinubu is preparing for a…
ANSIEC opts for manual voter accreditation in the upcoming elections, expressing concerns over BVAS performance. The Anambra State Independent Electoral Commission (ANSIEC) has decided not to deploy the Bimodal Voter Accreditation System (BVAS) for the forthcoming Local Government elections scheduled for September 28. This decision was announced by Mr. Anthony Nnalue, ANSIEC’s Commissioner for Information…
Labour Party’s caretaker committee backs the decision to withdraw from the Anambra Local Government election, citing electoral violations The newly inaugurated 29-member National Caretaker Committee of the Labour Party (LP), led by former minister Senator Nenadi Usman, has expressed support for the boycott of Saturday’s local government election in Anambra State. This decision follows allegations…
The Economic and Financial Crimes Commission (EFCC) has leveled fresh charges against former Kogi State Governor, Yahaya Bello, accusing him of involvement in a ₦110.4 billion fraud. On Wednesday, the EFCC submitted the new charges to a Federal High Court in Abuja. The case alleges a criminal breach of trust amounting to ₦110,446,470,089, in violation…
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