The CEOs of Zenith, Providus, and Jaiz banks have reportedly been invited by the EFCC in connection with financial misappropriation and fraud linked to former Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and her predecessor, Sadiya Umar-Farouk. The investigation involves substantial public funds directed into private accounts. Ms. Edu has denied wrongdoing, stating...
Lagos Assembly passes N2.267tr budget for 2024 The Lagos State House of Assembly has passed the N2.267 trillion budget for 2024 presented by Governor Babajide Sanwo-Olu last year. The budget, comprising 58 per cent capital expenditure and 42 per cent recurrent expenditure, was approved after a unanimous voice vote by the lawmakers. Governor Sanwo-Olu, on...
Governor Lucky Aiyedatiwa suspends caretaker chairmen in Ondo state Ondo state governor, Lucky Aiyedatiwa, has suspended caretaker chairmen of the 18 local government areas and 33 Local Council Development Areas (LCDA). The caretaker chairmen are to remain suspended until the case is determined by the court. An Akure High Court presided over by Justice Yemi...
AFCON 2023: Alhassan Yusuf replaces injured Wilfred Ndidi ahead of the tournament Alhassan Yusuf has been drafted in as a replacement for Leicester City midfielder, who has been ruled out of the 2023 Africa Cup of Nations due to injury. Ndidi missed Leicester City’s 4-1 home win over Huddersfield Town on Monday January 1, due...
Senate passes N28.7 trillion as 2024 appropriation bill, increases it by N1.2 trillion The Senate has approved the 2024Â Appropriation Bill of N28.7 trillion, against the N27.5 trillion estimate presented by President Bola Tinubu. The upper chamber gave its approval to the bill during the Saturday plenary. The approved budget includes N1.7 trillion for statutory...
Nigerian Police Set Up Special Squad To Tackle Attacks On Plateau State Communities By Jihadist Terrorists To tackle insecurity in the troubled communities in Plateau State, the Nigeria Police Force has set up a Special Operation Squad which will commence work immediately. SaharaReporters reported on Tuesday that suspected terrorists invaded over 15 communities in Bokkos...
Nigeria Is Now An IDM Camp, PDP Slams President Tinubu for Withholding Workers’ December Salary The opposition party which ruled Nigeria for 16 years from 1999 to May 2015, slammed the All Progressives Congress (APC) led Tinubu administration for failure to pay the December salary of workers. The Peoples Democratic Party (PDP) has accused the...
Chief of Staff, Femi Gbajabiamila, reportedly gets N10 billion to renovate residence, N10.1 billion for Computer software President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, is expected to get a total allocation of N21 billion in next year’s budget estimates presented to the National Assembly by the President last month. According to Peoples Gazette, a...
U.S. Secret Service indicts Lagos-based Yahoo Boy; confiscates Binance account over $2.5 million as proceeds of blackmailing teenagers, others The United States Secret Service has taken over the Binance account of 32-year-old male of Nigerian descent, Olamide Shanu, after tracing his account to a $2.5 million wire fra¥d, money laundering and sextortion scheme, Peoples Gazette...
Senators Put Under Pressure By Tinubu Presidency To Pass 2024 Budget Without Scrutiny –Source The Senator, who spoke on condition of anonymity, asked how the senators were expected to pass a national budget without having the necessary details. Despite reports indicating that the National Assembly would pass the 2024 Appropriation Bill of N27.5tn on Tuesday,...
