Former Aviation Minister, Senator Stella Oduah who represents Anambra North Senatorial Zone, has denied reports that the Economic and Financial Crimes Commission, EFCC, has discovered the sum of N2.5 billion in a bank account she operates in disguise using the identity of her housemaid.
In a statement issued on Monday by her media aide, Francisca Onyeisi, the Senator challenged the publishers of the allegation to validate their claim with proofs....
Monday, 4 July 2016
President Muhammadu Buhari has appointed a new Board for the Nigeria National Petroleum Corporation, NNPC, in line with Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended.
The Chairman of the new Board is the Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu while the Group Managing Director, NNPC, Dr Maikanti Kacalla Baru and the Permanent Secretary of the Federal Ministry of Finance are members.
Other members...
The Central Bank of Nigeria, CBN, on Monday, announced its take over of the Board and Management of Skye Bank Plc following the bank's failure to meet the minimum key liquidity and capital adequacy ratios.
The CBN Governor,Mr Godwin Emefiele, announced the takeover during a press conference at the apex bank's head office in Lagos.
Emefiele said the CBN had appointed a new board and management for the bank following the resignation of its Chairman,...
Sunday, 3 July 2016
The Gombe State government has flagged off the administration of the Pneumococcal Conjugate Vaccine in the state.
Speaking at the flag off of the program in Gombe on Saturday, the Executive Secretary, Gombe State Primary Health Care Development Agency, Dr. Ahmed Gana said that about 800,000 children under the age of five die from pneumococcal disease in developing countries annually, according to the World Health Organization, WHO.
He disclosed...
The Police Service Commission, PSC has announced the compulsory retirement of 21 Assistant Inspectors-General of Police.
The move is said to be aimed at avoiding conflict in the police force since the now retired AIGs are senior in rank to the newly appointed Acting Inspector General of Police, Mr Ibrahim Idris.
The retirement of the AIGs was announced in a statement issued in Abuja on Saturday by PSC's Head of Press and Public Relations, Mr Ikechukwu...
Saturday, 2 July 2016
The Economic and Financial Crimes Commission, EFCC has disclosed that a former Minister has been using her housemaid's account to launder looted funds. The anti graft agency said that at the time it made the discovery, about N2.5b was found in the account.
The EFCC said that investigations revealed that the ex-Minister opened the account to which she is the sole signatory in her domestic servant's name in order to conceal her tracks.
An anonymous...
Thursday, 30 June 2016
A Federal High Court sitting in Abuja on Thursday struck out a suit challenging President Muhammadu Buhari's academic credentials.
The presiding judge, Justice Adeniyi Ademola struck out the suit consequent upon a notice of discontinuance filed by the plaintiff, Mr Nnamdi Nwokocha-Ahaiwe.
At the resumption of hearing on the matter on Thursday, Mr Chikordi Okeorji, counsel to the plaintiff informed the court that his client had filed a notice of...
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