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The Economic and Financial Crimes Commission (EFCC), has appealed to Nigerian youths, particularly students, to distance themselves from criminal tendencies capable of disrupting their future endeavors. Mr. Isyaku Sharu, Head of the EFCC Zonal Office in Ilorin made the appeal on Tuesday while addressing students at the University of Ilorin. Sharu said the call had become necessary following the increasing pervasiveness of cybercrimes, otherwise called “Yahoo-Yahoo”, among the youth. He said that many of the suspects currently being investigated for one form of financial crime or the others were students of several institutions of higher learning across Nigeria. Sharu said…
The Nigerian Immigration Service (NIS) has deployed the Migration Information Data Analysis System (MIDAS) to five international airports in the country to boost security. The NIS Comptroller-General, Mr Muhammad Babandede made this disclosure at the inauguration and installation of MIDAS technology at Nnamdi Azikwe International Airport (NAIA) Abuja on Tuesday.MIDAS is a Border Management Information System (BMIS), and it is an IT-based solution designed to process and record both biometric details of the passenger’s movement. Babandede said that the technology was to boost border security, which was highly commendable, adding that it would change the way the service does its…
The government of Oyo State is set to deploy the 100 Kia Rio automatic transmission cars procured for use of security agencies in the state. The state has also approved the sum of N178.7 million for the procurement of Radio Communication equipment for the security agencies in the state. These were part of the disclosures made by the state’s Commissioner for Information, Mass Mobilization, Culture and Tourism, Dr Wasiu Olatunbosun, who briefed newsmen at the end of the State Executive Council meeting in Ibadan on Tuesday. The commissioner said: “I want to tell you that the equipment we are procuring…
The News Agency of Nigeria (NAN) reports that Mr Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) had accused bankers of defrauding Nigerians through western union. Some of the bankers, who spoke with NAN in Abuja on Monday on condition of anonymity, said they were yet to receive such complaints from their customers. A banker from one of the new generation banks expressed shock over the claim, saying it was unhealthy for the banking sector. ”This is my first time of hearing such a thing. We have not heard such complaints from our customers. ”This…
President of the Senate, Ahmad Lawan said on Tuesday that the National Assembly is working towards the passage of the 2020 Appropriation bill on November 28, 2019. To achieve this target date, Lawan directed the Senate Committee on Appropriations to submit its report on the 2020 budget proposals on November 26, 2019. Lawan gave the directive on the floor of the Senate during plenary. The Senate President stated that the committee’s compliance to lay its report on November 26 would facilitate the passage of the 2020 budget on November 28, before the National Assembly proceeds on Christmas break. He said:…
By Tony Obiechina, Abuja The Minister of Finance Budget and National Planning, Mrs Zainab Ahmed, has applauded the speed and commitment with which the National Assembly considered the Finance Bill 2019 submitted by President Muhammadu Buhari . Speaking with journalists in Abuja on the Draft Finance Bill, Ahmed said: “Going forward, the annual budget will always be accompanied by finance bills to enable the realization of revenue projections.” “Future finance bills will therefore also provide us with additional opportunities to incrementally improve the fiscal policy and regulatory/legal environment in order to further strengthen our domestic capital market, and ultimately ensure…
Pan-African financial institution, United Bank for Africa Plc got double honours over the weekend as it emerged the Bank of the year 2019; while its Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, also emerged CEO of the year at the Business Hallmark Newspaper Awards, held at the Civic Centre in Lagos on Sunday. Uzoka beat other CEOs to the prize owing to his sterling achievement since he assumed the leadership role of the bank three years ago, whilst UBA was crowned bank of the year following its exceptional performance as it recorded impressive performance in key financial indicators in…
The Federal High Court, Abuja, on Tuesday, disqualified the Deputy Governorship Candidate, All Progressives Congress (APC), Sen. Biobarakuma Degi-Eremienyo in Bayelsa State, over false information given in his CF0001 Form submitted to the Independent National Electoral Commission (INEC) for the Nov. 16 election. Justice Inyang Ekwo, in a judgment, said Degi-Eremienyo gave false information in relation to his educational qualifications and went ahead to depose to an affidavit to correct the discrepancies. The judge held that all his documents bore different names. Justice Ekwo, therefore, disqualified him on the ground that he provided false information to the electoral umpire to…
Edo State chapter of the ruling All Progressives Congress, APC, has passed a vote of no confidence on the National Chairman, Adams Oshiomhole and consequently suspended him from the party. The party leadership in Edo is disturbed by the role allegedly being played by Oshiomhole in the crisis rocking state. The Chairmen of the APC in the 18 Local Government Areas (LGAs) of Edo State passed the no-confidence vote. According to a statement signed by Edo APC Chairman, Anselm Ojezua and Assistant State Secretary, Ikuenobe Anthony, “Consequent on the development, the State Executive Committee has adopted the vote of no…
The Social Democratic Party (SDP) in Ondo State says the attack by some thugs on the party’s secretariat in Kogi is a threat to the nation’s democracy. Mr Dele Ogunbameru, the Chairman of SDP Reconciliation and Development Committee in Ondo State, expressed concern over the attack on the Kogi State Secretariat by thugs. In a statement he issued in Lagos on Tuesday, he described the attack as “barbaric and a setback to the nation’s political development.” “The burning of the Kogi State SDP Secretariat by some political thugs is a threat to our nascent democracy which should be condemned by…