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Federal Capital Territory FCT Minister, Ezenwo Nyesom Wike, has frowned at the slow pace of work on the Abuja Light Rail, especially with regards to the perimeter fencing of the Metro Station in the Central Business District, saying the facility cannot be opened for operations without providing maximum security. Speaking when he inspected the project on Thursday, Wike recalled his ... Read More »

The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors governing Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso, on Wednesday in Abuja. The source who pleaded anonymity, hinted that an official statement dissolving the board of directors will ... Read More »

A Federal High Court in Abuja on Wednesday, January 9, ordered the remand of a former Minister of Power and Steel, Olu Agunloye, in Kuje Correctional Service. The Economic and Financial Crimes Commission (EFCC) arraigned Agunloye over allegations of fraud in the Mambilla Power Project. Agunloye was brought before the federal high court in Abuja where he pleaded not guilty ... Read More »

The Presidency has clarified that the Executive Vice Chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, and the Director-General/CEO of the Bureau of Public Enterprises (BPE), Alexander Okoh were relieved of their duties and not dismissed. The Nation reports a statement signed by President Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale titled ... Read More »

The Economic and Financial Crimes Commission is currently interrogating Chief Executive Officers and Managing Directors of Providus Bank, Jaiz Bank and others in connection with the over N44 billion fraud allegedly uncovered in the Ministry of Humanitarian Affairs and Poverty Alleviation. Our correspondent gathered that the senior back executives are currently being quizzed by EFCC interrogators at the commission’s headquarters, ... Read More »

In line with his avowed commitment to uphold the highest standards of integrity, transparency, and accountability in the management of the commonwealth of Nigerians, President Bola Tinubu suspends the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect. The President further directs the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) to ... Read More »

President Bola Tinubu on Monday, January 8, suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, over an alleged N585m scandal within the ministry. The suspended minister was seen in a video posted on TVC’s official X page leaving the Villa after she was unable to see President Tinubu hours after her suspension. Edu’s scandal started when she ... Read More »

The British Broadcasting Corporation (BBC) on Monday, January 8, 2024, released the first segment of a three-part investigative documentary outlining the alleged atrocities and sexual crimes committed by the late Nigerian pastor, Temitope Balogun Joshua, popularly known as TB Joshua. TB Joshua was the founder of the Synagogue Church of All Nations (SCOAN), which is situated in the Ikotun area ... Read More »

The Federal Ministry of Humanitarian Affairs and Poverty Alleviation notes with dismay, on a memo from the Ministry to the Accountant-General of the Federation approving for payment, of the sum of N585,189,500.00 Renewed Hope Grant for Vulnerable Groups for four states, which is currently being circulated in the social media. It is glaring that the same sponsored disgruntled elements in ... Read More »

Controversy has trailed federal government’s distribution of palliative items worth N200 million and N100 million to senators and members of the House of Representatives respectively. The Senate debunked claims that each of its members had taken stock of FG’s palliative items for their constituents. The chairman of the Senate committee on media and public affairs, Yemi Adaramodu, said he has ... Read More »