The Nigeria ICT Impact CEO Forum (NIICF) & Africa Digital Awards (ADA) would this year have a session on how to tackle the effects of social and the challenges of cyber security. According to the coordinator of the dual event, Mr. Tayo Adewusi, the forum and awards have proven to be a must attend for top C-level management staff and Chief Executive Officers (CEOs). “It is imperative for the federal government, regulators, and industry stakeholders to discuss and map out creative ways to make broadband penetration accessible, available and affordable in…
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Senate orders probe of sales of ‘kidney-killer’ malaria drugs
An investigation has been ordered by the Senate yesterday for its committee on health to urgently investigate an allegation that 42 anti-malaria drugs banned by the European Union (EU) in all countries are still being stockpiled, sold and consumed in Nigeria. The action of the Senate was informed by the adopted motion sponsored by Theodore Orji representing Abia central senatorial district titled, “Anti-malaria drugs banned by European Union, still being sold and consumed in Nigeria; the need for Senate to investigate.” In his lead debate, Orji affirmed that the reason…
Read MoreACAMB Denounces Arson On Two Banks, wants Security agencies To Prosecute Perpetrators
The Association of Corporate Affairs Managers of Banks (ACAMB), has strongly condemned the murder of an articulated vehicle driver, Tunde Azeez by a policeman and the subsequent mob attack on two Banks operating on Creek Road, Apapa Lagos. In a statement made available to Topnews and signed by the president of ACAMB Mr. Charles Aigbe, the association states thus: “We (Association of Corporate Affairs Managers of Banks) commiserate with the family of the slain driver while emphathasing the staff at the two banks for the physical and psychological trauma they…
Read MoreSKYE BANK DENIES CONCEALING TSA FUNDS
Skye bank PLC has refuted reports of a ruling of the Federal High Court in Lagos yesterday July 20, 2017 wherein seven commercial banks were ordered by Hon Justice Chuka Obiozor to remit a total of $793.200.000 allegedly hidden with them in contravention of the Federal Government’s Treasury Single Account (TSA) policy According to the said reports, it was alleged that the sum of N41m is illegally kept in a NAPIMS fixed deposit account with Skye Bank in collusion with government officials. The management of Skye Bank has made it…
Read MoreGroup threatens to begin daily sit-out at NASS if Buhari doesn’t return to Nigeria on day 90
In a statement released by a group of concerned Nigerians, the group has vowed to commence a daily sit-out at the National Assembly on the 90th day to register their concerns over the continued absence without clarification to Nigerians of President Muhammadu Buhari who has been out of the country for 73 days now to seek medical treatment. The group of Nigerians said the health condition of President Buhari has been kept secret to Nigerians who have the right to know the condition of the man they voted into power…
Read MoreAppeal court overturns conviction of Bala Ngilari
Former governor of Adamawa, Mr Bala Ngilari has been discharged and acquitted of corruption charges by the Yola Division of the Court of Appeal on Thursday. The court, presided by Justice Olayomi Folashade, quashed all charges against Ngilari for lack of merit and sufficient proof of allegations against him. On March 6, a Yola High Court sentenced Ngilari, to five years in prison without the option of fine on charges of financial fraud. He was jailed for not following due process in the purchase of 25 vehicles at the cost…
Read MoreGovernor Abubakar sacks commissioners, appoints new SSG
Mohammed Abubakar, the Governor of Bauchi State, on Thursday dissolved the state executive council. However, only the Special Adviser on Security to the Governor, Brig. Gen. Ladan Yusuf (retd.), retained his position. No official reason was given for the dissolution. The governor also appointed Alhaji Mohammed Umar as the new Secretary to the State Government. This was contained in a statement issued by the Press Secretary to the Governor, Mallam Abubakar Al-Sadique, on Thursday in Bauchi. He said the governor had earlier in the day held an executive council meeting…
Read MoreNigeria not politically matured for State Police -IG Ibrahim
At a meeting with the Nigeria Governors Forum, the Inspector-General of Police, Ibrahim Idris, says Nigeria does not yet have the political maturity for state police, stating that the country should improve funding for the agency under the current arrangement. The I-G said he was not unaware of the agitations by some groups for the creation of state police, but argued that the federal police arrangement still remains the best. “I sincerely believe that the Federal Police is still the best for the country and with improved funding the challenges…
Read MoreSterling Bank refutes claims of hidden NAPIMS and NPDC funds
Sterling bank Plc has refuted reports by certain online platforms of an order by the Federal High Court sitting in Lagos on Thursday 20th July 2017 mandating Sterling Bank Plc to remit the sum of US$46.5m (Forty Six, Million, Five Hundred Thousand United States Dollars Only) to a designated Federal Government Asset Recovery Account with the Central Bank of Nigeria. The sum in question supposedly represents undisclosed qualifying funds under the Federal Government’s Treasury Single Account (TSA) policy illegally kept by the National Petroleum Investment Management Services (NAPIMS) and Nigerian…
Read MoreSkye Bank rolls out Future Plans, Warns debtors and social media detractors
Skye Bank has appointed a very reputable investment bank as financial advisers for its proposed recapitalization programme paving the way for a defined future for the leading financial institution classified as a Systematically Important Bank (SIB). The disclosure, which was contained in a statement issued and signed by the bank’s Chairman and Group Managing Director, Messrs. M. K Ahmad and Tokunbo Abiru, indicated that the financial advisers have identified the various options open to the bank for recapitalization and proposals are being considered by CBN accordingly. The statement also noted…
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