Author: darelasisi@gmail.com
Dr Godwin Emefiele the Governor of Central Bank of Nigeria (CBN), has attributed the country’s economic growth to series of policy measures put in place by the apex bank. Emefiele made the assertion at the 11th Annual Bankers Committee Retreat with theme: “Delivering Inclusive Growth: Leveraging Digital Finance” in Ogere, Ogun State. The News Agency of Nigeria (NAN) reports that the two day retreat, brought together, Chief Executive Officers of Commercial Banks to discuss financial issues bothering the nation. “The Gross Domestic Profit (GDP) growth has remained positive for 10 consecutive quarters after the recession. “For the 2nd and 3rd…
Fidelity Bank Plc on Thursday gave out N19 million to 13 customers, who emerged winners in the “Get Alert in Millions Savings Promo Season 4” draw that is ongoing. Nine customers received one million naira each, two got two million naira each and two others received three million naira each. Eighteen customers also received consolation prizes. Mr Nnamdi Okonkwo, Managing Director/Chief Executive, Fidelity Bank during the promo draw in Abuja said that the aim was to encourage good savings habit among customers. Represented by Mr Mannir Ringim, Regional Bank Head, Northwest 1, Okonkwo said the draw was for the six…
Gov. David Umahi of Ebonyi on Friday, presented a budget of N178.1 billion for 2020 to the state House of Assembly. The budget was lower than the 2019 figure of 188.4billion. Umahi while presenting the budget, tagged ‘budget of growth, consolidation and transformation, expressed appreciation to the House and other critical stakeholders who ensured the effective implementation of the 2019 budget. The governor said that the budget has a recurrent expenditure of N46.08 billion representing 25.8 per cent and capital expenditure of N132 billion representing 74.1 percent. “The increase in the capital expenditure is due to the borrowing from the…
Mr Adams Oshiomhole, the National Chairman of All Progressives Congress (APC), on Friday said that Gov. Godwin Obaseki of Edo was not ready for amicable resolution of the crisis rocking the party in the state. Oshiomhole made this known while briefing newsmen in Benin shortly after receiving Pastor Osagie Ize-Iyamu in his residence in Benin Oshiomhole said “the governor has been refusing and avoiding an all-inclusive meeting where all issues would have been tabled and resolved. “Four governors volunteered to attend the meeting but he has consistently refused to attend the meeting. “The only way to iron out issues is…
Gov. Seyi Makinde of Oyo State says he has approved the sum of N200 million for The Polytechnic, Ibadan to secure accreditation for some of its courses and another N100 million for capital projects in the 2020 budget. The News Agency of Nigeria (NAN) reports that Makinde disclosed this at the 34th convocation ceremony of the institution on Friday in Ibadan. The governor, who was represented by Prof. Daud Shangodoyin, the state Commissioner for Education, said that his administration appreciated quality academic culture and would not do anything to hinder its development. “My administration is determined to salvage the education…
The Lagos State House of Assembly on Friday screened three commissioner-nominees submitted by Gov. Babajide Sanwo-Olu. The eight-member Ad-hoc Committee of the House also screened eight others nominated for the House of Assembly Service Commission and Lagos State Civil Service Commission. The three commissioner-nominees screened by the House committee on Friday included Mr Ganiyu Ayuba, Mr Olugbenga Oyerinde and Bamigbose Martins. The News Agency of Nigeria (NAN) recalls that the assembly had on Aug. 16, rejected three of the cabinet nominees presented to it for approval by Sanwo-Olu, necessitating their replacement. Those rejected by the house included Mr Ajayi Bembe,…
Two men on Friday appeared before a Yaba Magistrates’ Court in Lagos State for allegedly possessing N26,500 fake naira notes and attempting to use the same to buy hemp at the Tejuosho Market, Yaba. . The defendants – Sunday Uche, 24, and Patrick Chidiebere, 25- are facing a two-count charge of conspiracy and possession of forged banknotes. They, however, pleaded not guilty to the charge. The Prosecutor, Sgt. Godwin Oriabure, told the court that the defendants committed the offences on Dec. 3. According to him, the defendants tried to use fake 16 pieces of N1,000 note and 11 pieces of…
An Ikeja Chief Magistrates’ Court on Friday remanded a 27-year-old job applicant, Jacob Odili, in the Kirikiri Correctional Centre, for allegedly robbing a man of N70,000 cell phone, with a toy gun. The Chief Magistrate, Mrs O.A. Aderibigbe, who gave the order, did not take the plea of the defendant. She said that Odili should be remanded pending advice from the Lagos State Director of Public Prosecutions (DPP). Aderibigbe ordered the police to duplicate the case file and send to the DPP for advice. Odili, who resides at Igando, Lagos, was charged with robbery and stealing. The Prosecutor, Insp. Mojirade…
The Ondo State Sector Commander, Federal Road Safety Corps (FRSC), Rotimi Adeleye, has said that the FRSC has received marching orders to protect corps members nationwide. Adeleye said this when the state NYSC Coordinator, Mrs Grace Akpabio, paid an official visit to his office on Friday in Akure. According to the commander, the directive came from the Corps Marshall, Boboye Oyeyemi, after he met with the Director-General of the scheme, Brig.-Gen. Shuaibu Ibrahim. The News Agency of Nigeria (NAN) reports that the NYSC director-general had visited Oyeyemi to solicit for assistance to curb unnecessary journeys embarked upon by corps members.…
The police in Lagos on Friday arraigned three men – Sunday Joseph, Kazeem Kareem, and Moses Nworie – who allegedly stole eight inverter batteries worth N1.4 million Joseph, 31, Kareem, 27, and Nworie, 39, are facing a two-count charge of conspiracy and stealing, before an Ikeja Chief Magistrate Court, They, however, pleaded not guilty to the charge. The Prosecutor, ASP Peter Nwangwu, told the court that the defendants committed the offences with some others still at large, on Nov. 14, on Adebayo Street, Ikorodu, Lagos. Nwangwu said that Joseph and Kareem stole the inverter batteries belonging to America Tower Corporation,…