FULL LIST: CBN publishes names of licensed deposit money banks
Akinwande Soji-Ojo The Central Bank of Nigeria (CBN) has released a comprehensive list of licensed deposit money banks operating in the country. The list, which was published on the CBN’s official website on Tuesday, provides insights into the banking landscape in Nigeria. Banks with international authorisation include Access Bank Limited, Fidelity Bank Plc, First City Monument Bank Limited, First Bank Nigeria...
Read more‘A mega fraud’-Jimoh Ibrahim seeks delisting of Ondo APC from November guber election
Akinwande Soji-Ojo The senator representing Ondo South, Jimoh Ibrahim, has said the governorship primary election of the All Progressives Congress (APC) held on April 20 was a “mega fraud.” Ibrahim contested the election with 15 other aspirants, but lost out to Ondo State Governor, Lucky Aiyedatiwa. Aiyedatiwa is completing the second four-year-term of Rotimi Akeredolu, the former governor, who died in...
Read moreDAWN Commission holds South West education summit Wednesday
The Development Agenda for Western Nigeria (DAWN) Commission, will on Wednesday gather stakeholders in the education sector across South West states in Ibadan, the Oyo State capital for a summit.The summit, themed "Collaborating for Improved Learning Outcomes," is being supported by Partnership for Learning for All in Nigeria (PLANE), an education-focused programme funded by the United Kingdom’s Foreign Commonwealth and Development...
Read moreEx-Oyo PMS boss, Auxiliary arrested by DSS
Operatives of Department of State Services (DSS) have arrested the former chairman of the disciplinary committee of Park Management System (PMS) in Oyo State, Alhaji Mukaila Lamidi, aka Auxiliary. Auxiliary was said to have been arrested around 4pm at his Olodo residence, in Ibadan. The medium reported that after his arrest, Auxiliary was driven towards Ogungbade road, along Ibadan-Ife Expressway. The...
Read moreRivers APC asks 27 pro-Wike lawmakers to impeach Fubara
Akinwande Soji-Ojo The leadership of the All Progressives Congress (APC) in Rivers State has called on the 27 members of the state House of Assembly loyal to the Minister of Federal Capital Territory (FCT), Nyesom Wike, to immediately commence an impeachment process against Governor Siminalayi Fubara. Rivers APC Caretaker Committee Chairman, Tony Okocha, made the call at a news briefing in...
Read morePolice nab 37-year-old fake doctor, recover forged OAU certificate
By Emmanuel Adeleke Operatives of the Zonal Anti-Piracy Unit of the Nigeria Police Force have arrested a secondary school dropout, Tayo Shakirudeen, who had been practising as a medical doctor. The suspect, who is the CEO of Skylink Medical Centre, Elepe-Ikorodu, Lagos State, was arrested with forged certificates of Obafemi Awolowo University. Ile-Ife, Osun State, and Nigeria Medical and Dental Council....
Read moreCoast clear for Olakulehin as Ladoja withdraws suit filed against Olubadan-in-Council
By Emmanuel Adeleke The Otun Olubadan of Ibadan land, High Chief Rashidi Ladoja, has withdrawn the suit he filed against members of the Olubadan-in-Council. Ladoja had while hosting family compound heads (Mogajis) in Ibadan land last week, said he was compelled to go to court when the crown-wearing high chiefs and kingmakers threatened not to appoint him Olubadan if his turn...
Read moreCAC registration: CBN gives PoS operators’ ultimatum
By Emmanuel Adeleke The Central Bank Of Nigeria (CBN) has announced July 7, 2024 as the deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). Chief Executive Officer (CEO) of CAC, Hussaini Magaji (SAN), disclosed this during a meeting with Fintech operators in Abuja, on Tuesday. He said the two-month deadline to register their...
Read moreLagos intensifies efforts to rescue drain ducks worker trapped in underground drainage
Akinwande Soji-Ojo A drain ducks worker with the Lagos Metropolitan Area Transport Authority (LAMATA) has been trapped in an underground drainage at the Onipanu area of the state. The Permanent Secretary, Lagos Emergency Management Agency (LASEMA), Olufemi Oke-Osanyintolu, had in a statement said the adult male drain ducks worker was caught between the tunnel while dislodging and evacuating waste from the underground drainage. He...
Read moreSpeaker: Suspended Edo lawmakers hired herbalist to plant charms in assembly complex
Akinwande Soji-Ojo The Speaker, the Edo State House of Assembly, Blessing Agbebaku, has said the three lawmakers suspended during Monday's plenary engaged in “nefarious acts.” The Speaker had on Monday announced the suspension of Donald Okogbe (PDP, Akoko Edo II), Bright Iyamu (PDP, Orihonmwon South), and Adeh Isibor (PDP, Esan North East I). Okogbe, one of the suspended lawmakers, is an ally of Philip...
Read moreFive ways to avoid new CBN’s 0.5% cybersecurity levy
The Central Bank of Nigeria (CBN), on Monday, directed banks and other financial institutions to implement a 0.5 per cent cybersecurity levy on electronic transfers. A circular signed by Chibuzor Efobi, Director of Payments System Management, and Haruna Mustafa, Director of Financial Policy and Regulation, said the policy would take effect in two weeks and charges would be described as “Cybersecurity...
Read moreFULL LIST: Those exempted from CBN’s 0.5% cybersecurity levy on electronic transfers
Akinwande Soji-Ojo The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers. This was contained in a circular signed by Chibuzor Efobi, Director of Payments System Management, and Haruna Mustafa, Director of Financial Policy and Regulation, on Monday. The directive was issued to commercial, merchant, non-interest and payment...
Read more‘Your resilience remarkable’- Sen Tinubu hails first UK commissioned Nigerian female army officer
Akinwande Soji-Ojo First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, has lauded 2nd Lt Princess Oluchukwu Owowoh, the first Nigerian female Regular Combatant Army Officer to pass out from and be commissioned at the prestigious Royal Military Academy, Sandhurst, United Kingdom. Receiving Owowoh, who completed her training on April 12, 2024 on Monday, Sen Tinubu noted the sterling...
Read morePresidency: Atiku developing reputation for distorting, manipulating facts for self-serving objective
Akinwande Soji-Ojo The presidency has lampooned the Peoples Democratic Party (PDP) presidential candidate in the 2023 election, Alhaji Atiku Abubakar, over his recent comments on the construction of the Lagos-Calabar coastal highway and Seyi Tinubu, the president's son. Recall that Atiku had over the weekend accused President Bola Tinubu of conflict of interest in the award of Lagos-Calabar coastal highway to...
Read more‘It’s shocking’- Ondo APC rejects INEC’s claims on governorship primary election
Akinwande Soji-Ojo The All Progressives Congress (APC) in Ondo State has faulted reports by officials of the Independent National Electoral Commission (INEC) that the party did not hold primary election as scheduled. Recall that INEC officials, in their various reports, submitted to the commission's headquarters in Abuja, said that the APC governorship primary election held on April 20, did not hold...
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