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Insecurity may lead to postponement of 2023 elections – INEC

Abuja, Jan. 10, 2023 – Prof Mahmood Yakubu, the INEC Chairman, says the forthcoming elections may be cancelled or postponed if the current insecurity across the country fails to improve. He said this at the validation of election security training resources in Abuja on Monday where he was represented by Abdullahi Zuru, the Chairman, Board of Electoral Institute.  “If the insecurity is not monitored and dealt with decisively, it could ultimately culminate in the cancellation and/or postponement of elections in sufficient constituencies to hinder declaration of elections results and precipitate …

MALI junta leader pardons 49 convicted  Ivorian soldiers

By Paul Ejime Mali’s junta leader Col Assimi Goita has pardoned 49 Ivorian soldiers jailed last week in Bamako following their arrest last July on accusation of conspiring against the Malian government. Three of the soldiers, women, who had  earlier been freed, were last week sentenced to death in absentia, while the other 46 were sentenced to 20 years each and fined USD3,000. Mali had accused the 49 soldiers of acting as mercenaries, and had demanded swapping them with some high profile political fugitive Malians in Cote d’Ivoire. But Cote …

New naira notes are of standard quality – NSPM

Lagos, Jan 7, 2023 – Ahmed Halilu, the Managing Director of Nigerian Security Printing and Minting (NSPM), has allayed fears of some Nigerians on the quality of new naira notes. He said the new naira notes were of the same substrates and passed through the same printing processes and finishing procedures as the old notes. He, however, admitted that the new notes “leave traces of intaglio inks when rubbed on plain white surfaces”. Aliyu said these in a statement on Friday in response to concerns raised by Nigerians.  “The attention …

7 burnt in car fire

Ijebu-Ode, Dec. 29, 2022 – Seven passengers of a Mazda bus were burnt beyond recognition when their went up in flames on motio The lone accident occurred a few metres away from Odogbolu junction along the Sagamu-Benin expressway. They were said to going going for a four-day training programme of Al-Mu’minaat Training Forum (ATF) in Odosengolu near Ijebu-ode, Ogun State. The bus marked AGL 886 YD suddenly exploded with flames from the engine side. The Spokesman for Ogun State Traffic Compliance and Enforcement Corps (TRACE), Babatunde Akinbiyi, confirmed the accident. …

Osun State sets up assets recovery panel

Osogbo, Dec. 24, 2022 – The Osun State Government has set up an Assets Recovery Panel to recover stolen assets of the state by officers of previous administration of Adegboyega Oyetola. Olawale Rasheed, the Spokesman for Gov. Ademola Adeleke, said the state government constituted the panel to recover government’s property in the hands of private individuals, including ex-government officials who served in the previous administration. Rasheed alleged, in a statement in Osogbo, on Friday that some former officials of the state went away with various models of vehicles illegally. The …

Saudi Arabia restores 95000 hajj slots to Nigeria

Abuja, Dec. 21, 2022 – The Kingdom of Saudi Arabia has restored 95,000 Hajj slots to the National Hajj Commission of Nigeria ahead of the 2023 Holy pilgrimage. Mousa Ubandawaki, NAHCON Assistant Director of Information and Publications, said this in a statement on Wednesday in Abuja. “The Saudi Ministry of Hajj and Umrah has granted Nigeria its usual allocation of 95,000 slots in 2023 holy pilgrimage. “The hopes of many prospective Nigeria pilgrims to perform the 2023 Hajj may have been answered as the Saudi Ministry of Hajj and Umrah …

NOVA Merchant Bank supports blind, partially sighted kids in Pacelli School

Lagos, Dec.18, 2022 – As part of its efforts to commemorate the International Day of Persons with Disabilities, NOVA Merchant Bank visited the Pacelli School for the Blind and Partially Sighted in Lagos last Thursday to donate valuable goods and materials worth millions of naira. The International Day of Persons Living with Disabilities is a day set-aside by the United Nations to promote an understanding of disability issues and mobilize support for the dignity, rights, well-being, and inclusion of persons living with disabilities. Led by its Executive Director, Mrs. Funke …

U.S Export Bank, Africa50 sign MoU on $300 financing support for Africa

Washington, D.C., Dec.15th, 2022 – The U.S. Export-Import Bank (U.S. EXIM Bank) and Africa50, a pan-African infrastructure investment platform,  have signed an MOU to mobilize $300 million worth of financing to support investments in climate, ICT, and infrastructure projects in Africa. A statement issued by Africa50 and the made available to Global Business News (GBN) in Lagos on Thursday, said the landmark agreement was signed on the sidelines of the just concluded U.S.- Africa Leaders Summit. The MOU identified six target sectors for financing which are Climate and energy security; technology and …

EFCC is responsible for my plight in London – Ekeremadu

Abuja, Dec.15, 2922 – Chief Ike Ekweremadu, a former Deputy Senate President, on Thursday alleged that the Economic and Financial Crimes Commission (EFCC) was responsible for his travails at the London Court where he had been in detention over alleged organ harvest. He made the allegation before Justice Inyang Ekwo of a Federal High Court in Abuja. The Senator, who has been in custody in London over an alleged organ harvest, told the Federal High Court that the EFCC wrote a letter to the London Court which made the foreign …

EFCC recovered N134bn assets in 10 months – Bawa

Abuja, Dec, 15, 2022 – The Economic and Financial Crimes Commission (EFCC) recovered N134.337 billion worth of assets between January and October 2022. Abdulrasheed Bawa, its Chairman, told the State House correspondents at the Presidential Villa on Thursday that the money were in monetary and other assets. Bawa said that the commission recovered monetary assets in foreign currencies which included over $121 million, over £21,000 pounds sterling and over €156 euros. None-cash assets recovered include over 4,136 metric tonnes of petroleum products, 65 real estates, 52 automobiles, 15 plots of …