Jonathan Zingwina, a former Senate Majority Leader and former Director-General of the MKO Abiola campaign Organisation in the June 12, 1993 presidential election has reportedly passed on. Although his family has yet to formally confirm his death, Leadership Newspaper reports that the Adamawa State-born politician died on Wednesday, October 2, at the age of 70 in the nation’s capital, Abuja. He was reported to have died after a protracted illness. The former lawmaker represented Adamawa South Senatorial District in the Senate. He was a founding member of the Peoples Democratic…
Read MoreDay: 3 October 2024
N27bn fraud: Court grants ex-Taraba Gov,. Ishaku, N150m bail
A Federal High Court in Abuja has granted former governor of Taraba State, Darius Ishaku, bail of N150 million in the alleged fraud case valued at N27 billion. Justice Sylvanus Chinedu Oriji ordered Ishaku to produce two sureties in like sum. Ishaku was arraigned on alongside a former Permanent Secretary Bureau for Local Government and Chieftaincy Affairs, Bello Yero on a 15-count charge, bordering on criminal breach of trust, conspiracy and conversion of public funds in the state to the tune of N27 billion. The judge further ordered that the…
Read More‘I am not afraid to be killed’ -notorious bandit, Turji declares, seeks dialogue
Bello Turji, wanted bandit kingpin, has dared the security forces, saying he is not afraid to be killed. He, however, called for dialogue with the federal government to end armed violence in Zamfara State. Turji, who is among the 43 terrorists in the North West declared wanted by the Defence Headquarters, made the call in a five-minute and forty-second video. In the video, Turji confirmed the killing of his boss, Halilu Sububu, saying that Sububu’s killing would not silence him. Turji said that he was willing to lay down his…
Read MoreIT Upgrade: Zenith Bank apologises to customers, restores services
Zenith Bank has announced that it has made significant progress with its information technology infrastructure upgrade and apologised for the inconvenience caused during the process. Recall that following a notification from the bank that it would undergo maintenance from September 29 to October 1, customers of the bank took to social media platforms to express their frustration over difficulties with online banking transactions. Giving an update on Thursday, Zenith Bank’s statement on X.com stated that customers can now access their accounts, make transactions, and enjoy banking services. The statement read,…
Read MoreGuaranty Trust Fund Managers Limited Launches Guaranty Trust Investment Fund 724
Guaranty Trust Fund Managers Limited (“GTFML” or the “Fund Manager”), the asset management subsidiary of Guaranty Trust Holding Company Plc, today announced the launch of the Guaranty Trust Investment Fund 724 (“Fund 724”), an open-ended, naira-denominated Unit Trust Scheme duly authorised and registered by the Securities and Exchange Commission, Nigeria (SEC). The Scheme lists 10,000,000 Units of ₦100.00 each in the Fund by way of Offer for Subscription and aims to distribute the capital growth it generates from a diversified portfolio of money market instruments, including fixed deposits, commercial papers,…
Read MoreEmefiele produced own Naira notes, not what Buhari approved, witness reveals
A former acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, on Wednesday, told Justice Maryann Anenih of the Federal Capital Territory High Court in Maitama, Abuja, that intrigues and politics were involved in the naira redesign exercise carried out in 2022. Shonubi, who served as the Deputy Governor of Operations before his appointment as acting CBN Governor and is now retired, appeared in court as a witness in the trial of ex-CBN Governor, Godwin Emefiele. He claimed that the redesigned naira notes released by the CBN under…
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