Category: News

Appeal court overturns conviction of Bala Ngilari

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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…

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Governor Abubakar sacks commissioners, appoints new SSG

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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…

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Nigeria not politically matured for State Police -IG Ibrahim

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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…

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Sterling Bank refutes claims of hidden NAPIMS and NPDC funds

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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…

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Skye Bank rolls out Future Plans, Warns debtors and social media detractors

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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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Broadcasting commission code will be ammended to compel brands to sponsor local leagues -Lai Mohammed

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Alhaji Lai Mohammed, Information and Culture Minister, has said that the Federal Government will amend the Nigeria Broadcasting Commission (NBC) Code to compel brands to sponsor Nigeria Professional Football League. The Minister made the assertion at the close of the “Two-Day Creative Industry Financing Conference’’, sponsored by the ministry in conjunction with “Think Tank Media and Advertising’’ which closed on Tuesday in Lagos. “We will amend the NBC code to ensure that our Premier League improves. “We will make sure that in the Code, if you spend one million dollars…

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Fresh Southern Kaduna attacks leaves 33 people dead

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33 people have been confirmed dead in fresh clashes between villagers and Fulani herdsmen in southern Kaduna. Although it was reported that calm had been restored to villages in Kajuru Local Government Area of Kaduna State, the Commissioner of Police in the state, Agyole Abeh said 27 Fulani, living in the area were killed by the villagers in two separate attacks, while six villagers died . Abeh, at a press briefing in Kaduna, on Wednesday, stated that the incident started on July 11, when some villagers attacked a Fulani boy…

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Doctor arrested for infecting 6-yr-old boy with HIV

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Nasarawa State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested a 30-year-old man alleged to be operating an illegal clinic and infected a 6-year-old boy with HIV through transfusion of unscreened blood. The state Commandant of NSCDC, Mr Lawan Bashir-Kano, disclosed yesterday in Lafia that the suspect, Jonathan Ibrahim, was arrested on July 17, Monday. He said that Ibrahim, who hails from Iwashi village in Doma Local Government Area of the state, was arrested following complaint about his activities from members of the public. Bashir-Kano said preliminary…

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FirstBank launches FutureFirst Programme in Ebonyi State

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As part of it’s Corporate Responsibility initiative, First Bank of Nigeria has expanded its Financial Literacy programme to the Eastern part of the country with the launch of its Financial Literacy programme for Secondary Schools in Ebonyi State, under the auspices of the FirstBank FutureFirst Programme. The initiative launched in 2013 in partnership with Junior Achievement Nigeria and the Lagos State Empowerment & Resource Network (LEARN) is designed to empower students of secondary schools with requisite knowledge of financial literacy and career counseling to equip them with knowledge of money…

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UPDATE ON FIRE INCIDENT AT STERLING BANK – CREEK ROAD

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An armed mobile policeman fleeing from an irate mob after shooting a tanker driver disrupted banking operations at the Sterling Bank branch on Creek Road this morning. He ran into the premises of the bank to escape being lynched. Security operatives attached to the bank disarmed and arrested the fleeing policeman but did not hand him over to the irate mob. The mob got upset and attacked the bank with the intention of unleashing mayhem on staff and customers. The branch’s reception area was vandalized and set ablaze. The security…

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