In response to the N2.3 billion breach of contract suit brought by Brownhill Investments Company Limited and Amaju Pinnick against him and his music label, Davido Music Worldwide Limited, Davido has taken a firm legal stance. The Nigerian singer filed a preliminary objection challenging the court’s jurisdiction to entertain the matter. He argued that the…
The Economic and Financial Crimes Commission (EFCC) has been inundated with an increasing number of complaints from concerned Nigerians reporting unauthorized withdrawals from their bank accounts. Investigations by the Commission have unveiled a disturbing trend – Automated Teller Machine (ATM) Debit Card swapping or fraud. This sophisticated modus operandi involves fraudsters discreetly swapping a victim’s…
President Tinubu‘s highly anticipated unveiling of the 2024 budget before the National Assembly on Wednesday, a palpable sense of anticipation grips the nation. The official confirmation of the presentation date was delivered by the Secretary of Research and Information at the National Assembly, Dr. Ali Barde Umoru, during a comprehensive press briefing held on Monday….
The Federal Civil Service, President Tinubu administered the oath of office to eight newly appointed Permanent Secretaries on Monday. This event unfolded just before the commencement of this week’s Federal Executive Council (FEC) meeting, showcasing the president’s commitment to bolstering the administrative machinery of the federal government. The new Permanent Secretaries, namely Ndakayo-Aishetu Gogo, Adeoye…
In the face of escalating hardship in Nigeria, Borno State has become a beacon of hope for its residents, thanks to the compassionate efforts of Governor Babagana Umara Zulum. In a remarkable display of leadership, Governor Zulum oversaw the distribution of relief materials worth 275 million naira to 95,000 residents in the town of Monguno…
The Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC) has successfully secured the conviction and sentencing of thirty-three individuals involved in internet fraud. The convictions were handed down by Justices Ladiran Akintola, Adebukola Olajide, M.O. Ishola, B.B. Adebowale, and Uche Agomoh of various high courts in Oyo and Ogun states. The accused…
The Central Bank of Nigeria (CBN) set the tone for a significant shift in the country’s banking landscape, proposing a substantial increase in the capital base of Deposit Money Banks (DMBs). Governor Dr. Olayemi Cardoso articulated this at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria. The move aims to align…
the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, recently unveiled the monetary policy outlook for the year 2024. This significant revelation took place at the 58th Annual Banker Dinner, a prestigious gathering that brought together key figures in the financial sector. The unveiling, marked by the official hashtag #CardosoSpeaks, shed light…
The Ondo State House of Assembly finds itself in the throes of a divisive political standoff, escalating the already simmering tensions between Governor Rotimi Akeredolu and Deputy Governor Hon Lucky Aiyedatiwa. Out of the 26 lawmakers, reports indicate that 11 have switched allegiance to the embattled deputy governor, precipitating a call for Aiyedatiwa’s installment as…
Ekiti State Government, under the leadership of Governor Biodun Oyebanji, achieved a significant milestone with the inauguration of the first Independent Power Project (IPP) in the state. The groundbreaking initiative is set to revolutionize the energy landscape, providing Ekiti with a reliable source of power through a strategic collaboration with Fenchurch Power Ltd. In a…
