FAAN Berates Fmr. Zamfara Governor For Breaching COVID-19 Protocol At Kano Airport

Yari

The Federal Airports Authority of Nigeria (FAAN) has berated the former Governor of Zamfara State, Alh. Abdulaziz Yari for allegedly violating public health protocols at the Malam Aminu Kano International Airport(MAKIA) Kano on Saturday. Yari was said to have allegedly conducted himself violently as he pushed away officers of the authority who were carrying out their duties at the airport under the pretext of being a VIP, an action that is against the  Federal Government protocol at airports. Reacting to the alleged unruly behavior of the  Yari at Kano Airport,…

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Ownership Of The N800m Abuja Property: Vice President’s Daughter, Kiki Osinbajo Denies Owning N800m Property

Kiki Osinbajo

Kiki Osinbajo, Vice President’s daughter has dismissed the claim that she owns a property worth N800m in Abuja, saying it is completely unbelievable. Kiki, who runs a fashion retail outfit in the Federal Capital Territory, debunked the claim in an Instagram post on Friday, July 10, 2020. Jackson Ude, a US-based blogger had recently alleged that the VP’s daughter owns property in highbrow Wuse 2 area of Abuja. The Vice-President’s daughter, Kiki Osinbajo, has denied owning property worth N800m in highbrow Wuse 2 area of Abuja. Kiki said this in…

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Palpable Fear As Robbers Write Ebonyi Community, Bank Over Planned Attack

Robbers

The people of Afikpo in Afikpo North local government area of Ebonyi State are currently under palpable fear following a letter reportedly written by robbers notifying them of their planned operation in the area. The robbers also wrote similar letters to one of the old generation banks in the ancient city. The development has thrown the city into serious tension. Nigeria Police Force, Army, and other security agencies have since mobilized their men to the area to avert any possible attack by the robbers. When our reporter visited the area…

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Office Of The Honourable Minister

Minister of Niger Delta Affairs, Senator Godswill Akpabio, disclosed that over 12,000 projects awarded by the Niger Delta Development Commission (NDDC), have been abandoned across the nine states that make up the region.

MINISTRY OF NIGER DELTA AFFAIRS 11th Floor, Federal Secretariat, Phase I, Shehu Shagari Way, Abuja, Nigeria. Tel: +234 (0) 98703229   PRESS RELEASE The attention of the Honourable Minister of the Niger Delta Affairs, Senator Godswill Akpabio, CON has been drawn to a cornucopia of false, malicious, and libelous press interviews granted by Ms. GBENE JOI NUNIEH, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a series of concerted vicious campaigns of calumny…

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FirstBank: Empowering Staff; Driving Productivity against the Odds

FirstBank logo

By Segun Adams   As the coronavirus pandemic forces firms to downsize and cut their wage cost to cope with the adverse economic realities, First Bank of Nigeria Limited (FirstBank) is bucking the trend with a different approach that puts its staff first, writes Segun Adams. In a pandemic year where employees are agreeing to pay cuts to keep their jobs and businesses are either downsizing or simply liquidating, First Bank of Nigeria Limited is an outlier, taking an unusual approach to demonstrate how organizations can still ensure the best…

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Non-Interest Finance Window: CBN Unveils Guidelines For 10 Intervention Programmes

CBN Clarifies the ‘Ultimate Supplier of product’ clause in destination payments

The Central Bank of Nigeria (CBN) unveiled the guidelines for Non-Interest Financial initiatives under its various intervention programs which includes Anchor Borrowers’ Programme; Health Sector; Textile Sector; the Real Sector Support Facility (RSSF) revised guidelines (V3); the Real Sector Support Facility (RSSF) through CRR; Non-Oil Export Stimulation Facility, (ESF), Agri-Business, Small and Medium Enterprises Investment Scheme, AGSMEIS and the Creative Industry Financing Initiative, CIFI. The release of the 10 guidelines follows the plans disclosed by the Banker Committee in its June 2020 meeting to unveil a framework that will integrate…

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Couple Accused Of Racist Attack At Connecticut Hotel Arrested In New York

A couple accused of assaulting a 59-year-old hotel worker in Mystic, Connecticut, while yelling racial slurs after complaining about a lack of hot water in their room, was arrested early Monday in Brooklyn, New York. Philip Sarner and Emily Orbay were extradited to Connecticut later Monday, where they face assault and other charges, Stonington police said in a statement. Sarner, 39, and Orbay, 28, have no permanent addresses but are known to be based primarily in Nassau County on Long Island, police said. They are accused of attacking Crystal Caldwell, a Black desk…

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Embattle EFCC boss Magu Released From Detention

EFCC

The embattled EFCC boss, Magu, has finally been released from detention – Magu who is being probed by a presidential panel had been in detention for over one week. Suspended acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has been released after facing a presidential panel in Aso Rock.  Magu’s lawyer, Wahab Shittu, confirmed the release of his client by the Presidential Investigate Panel.  Shittu disclosed that Magu was released early in the day and is currently in his house in Abuja. His words: “Yes, I…

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Ifekwe Udo: Why The Church Of Satan Was Demolish And The Arrest Of The Founder

satan church

 …We were scared of Lucifer, Church of Satan founder — Residents … Why Church Of Satan Was Demolished …Church Of Satan Founder Involved In Police Station The Assemblies of Light Bearer Greater Church of Lucifer popularly known as the Church of Satan in Ebem Ohafia, Abia State has been destroyed by youths of the community.  It was alleged that the founder of the church identified as Ifekwe Udo a.k.a Lucifer or Fada-Fada became popular in the past quarter of the decade, for his visible effort in providing employment opportunities for…

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Nigeria’s Debt Portfolio Increased By N1.23 Trn In First Quarter Of 2020

Food Prices surge as October Inflation rise to 14%

The Federal and State governments’ debt stock at the end of March 2020 stood at N28.63 trillion an increase of N1.23 trillion over the nation’s total debt as of December 2019. According to the figures from the National Bureau of Statistics (NBS) report The NBS figures also show that, of the total public debt, N9.99 trillion or 34.89% of the debt was external while N18.64 trillion or 65.11% of the debt was domestic. The total of Federal Government domestic debt was put at N14.53 trillion, representing 50.77% of the total…

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