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Month: May 2023

(Full List) CBN Revokes Licences Of Microfinance Banks, Financial Institutions

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of the…

TCN Loses 9 Towers Due To Activities Of Vandals, Power Supply Disrupted

The Transmission Company Of Nigeria (TCN) has lost nine towers, from tower 56 to tower 65 along the Papalanto/Abeokuta 132KV transmission line, leading to the disruption of power supply in parts of Ogun State. The towers collapsed due to the…

Corruption In EFCC: More Trouble For Bawa As North Central Citizens Demand Thorough Investigation Into Allegations

The North Central Citizens Council has noted that the main purpose of the establishment of the Economic and Financial Crimes Commission as a law enforcement agency that investigates financial crimes, has been eroded “under the inept leadership of Abdulrasheed Bawa.”…

Why We Want EFCC Chairman Investigated – Niger Delta Youths, Says Bawa Must Step Aside During Investigation

Youths of the oil-rich Niger Delta region, Niger Delta Youth Congress (NDYC) has expressed deep concern about recent series of allegations leveled against the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa. In a statement signed…

CNG States Position On Reported Plots Against May 29 Handover, Wants Emefiele, Other Critical Government Officials Stopped From Fleeing Nigeria

The Coalition of Northern Groups (CNG) has said that it is, as usual, worried by “the growing uncertainties created by certain destabilizing forces in the country surrounding the May 2029 transition to a new administration elected through the democratic poll…

APC Zoning Formula: North Central/Middle Belt Youths Kick

The controversy trailing the All Progressives Congress (APC) zoning formula for the position of presiding officers of the National Assembly is yet to abate, as youths drawn from the North Central have said the region would not settle for anything…

N451m For 12 Board Members’ Aides As Senate Passes N876bn NDDC 2023 Budget

Twelve board members of the commission are to get the sum of N451 million as their entitlement for the year, while N576 million was earmarked for running of office of the chairman of the commission, Lauretta Onochie as the Nigerian…

Over 23 North West Support Groups Reply Jaji, Says He Played No Significant Role In Tinubu’s Victory

No fewer than 23 North West Support Groups for Asiwaju, have rejected the claims by Hon. Aminu Sani that he was responsible for the votes President-elect Bola Ahmed Tinubu got in North West and Zamfara State during the February 25…

Be Neutral In NASS Leadership Selection, S’East Group Tells Tinubu

South East Unity Movement has implored the President-elect, Bola Ahmed Tinubu, to be neutral in the selection process of the principal officers of the National Assembly. The group also cautioned politicians against uttering insidious remarks capable of causing ethic division…

NEC Meeting: ALGON Frowns At Unconstitutional Sack Of Council Chairmen, Congratulates Tinubu, Other 2023 Elections Winners

The Association Of Local Governments Of Nigeria (ALGON) has congratulated all winners in the just concluded 2023 general elections, including the President-elect, Senator Bola Ahmed Tinubu, His Vice-president-elect, Senator Kassim Shettima, State Governors, Senators and Members of House of Representatives…