Tinubu visits Akeredolu’s family in Owo, says we lost an illustrious son who served with unwavering dedication

The President, Asiwaju Bola Ahmed Tinubu, on Wednesday, paid a condolence visit to lat Ondo State Governor, Rotimi Akeredolu’s family in Owo and also visited the palace of the Olowo of Owo Kingdom, Oba Ajibade Gbadegesin Ogunoye III. Speaking at the palace of the monarch, Tinubu eulogised the late Akeredolu as a statesman and a distinguished legal luminary who served his people with unwavering dedication. The President said “We lost an illustrious son. Akeredolu was very close to me and an ally. He was a son of the soil, and…

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Tinubu begs Nigerians for understanding says “We are navigating the twists and bends on the road to prosperity”

President Bola Tinubu, on Wednesday, appealed for patience from Nigerians over the current economic hardship in the country, giving the assurance that there was light at the end of the tunnel. The President said he was fully aware and took responsibility for the difficulties Nigerians had been subjected to on account of government policies. He said he would not complain but welcome all criticisms since he was the one who asked to be Nigeria’s President. The President spoke in Akure, the Ondo State capital, during his visit to the leader…

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How Police killed notorious Rivers cultist, 2Baba -Tunji Disu

The end of the road for a notorious cult leader, Gift Okpara, a.k.a ‘2Baba’ who was killed in a joint security operation on Monday in Embrass community, Ahaoda West Local Government Area of Rivers State was confirmed on Friday as the police retrieved his decomposing body. The wanted Iceland cult leader, whose corpse was displayed at the headquarters of the Nigeria Police, on Friday was the prime suspect in the murder of a former Divisional Police Officer of Ahoada Division, Bako Angbashim, in Odiemudie community, Ahoada East on September 8,…

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Prophet drowns during Valentine’s day hangout at Lagos beach

A fun-seeking Lagos-based prophet, Oriyomi Remilekun, was said to have drowned during a beach hangout in the Ajah area of the state to celebrate this year’s Valentine’s Day. PUNCH Metro learnt that the deceased led some youths of his white garment church to the Avista Beach situated in the area on Saturday, February 17, to commemorate the Day. A source privy to the incident told our correspondent that the picnic which lasted through the evening had ended when the whereabouts of the late Oriyomi became unknown. The colleagues were said…

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Account of court proceedings as Kwara ex-Gov. Ahmed is docked for N10bn fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned the immediate past governor of Kwara State, Abdulfatah Ahmed, for N10 billion fraud. Ahmed allegedly spent an aggregate sum of N1,610,730,500 to charter private jets for local travels. The former governor was on Friday, February 23, 2024 brought before Justice Evelyn Anyadike of the Federal High Court sitting in Ilorin. Ahmed was arraigned on a 12-count charge bordering on alleged mismanagement of public funds to the tune of N10 billion. Count one of the charges reads: “That you, ABDULFATAH AHMED (while…

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Aide laments alleged secret trial as EFCC docks Kwara ex-Gov. Abdulfatah Ahmed for N10bn fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned former governor of Kwara State Abdulfatah Ahmed at Federal High Court Ilorin. However, journalists were barred from covering the arraignment of the former governor as they were denied entry into the court. Speaking with journalists outside the court premises, Wahab Oba, Chief Press Secretary to Ahmed, lamented what he described as secret trial of the former governor, saying the trial is a political persecution. “The former governor Dr. Ahmed is supposed to be arraigned by the EFCC so we are here…

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Tinubu names Nandap as Immigration boss

President Bola Tinubu has appointed DCG Kemi Nanna Nandap as the Comptroller-General of the Nigeria Immigration Service (NIS). The appointment takes effect from March 1, 2024. DCG Nandap takes over from Mrs. Caroline Wura-Ola Adepoju, whose term in office expires on February 29, 2024. Before her appointment as Comptroller-General, Nandap was the Deputy Comptroller-General in charge of the Migration Directorate of the Service. Presidential spokesman, Ajuri Ngelale, in a statement on Wednesday, February 21, 2024, said the President anticipates that the new Comptroller-General will deepen the ongoing reforms in the…

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Why we are probing Buhari, Emefiele -Senate President, Akpabio

Godswill Akpabio, Nigeria’s Senate President has revealed that the current food and security crises confronting the nation now are traceable to the way and manner the Ways and Means loan granted by the Central Bank of Nigeria during Godwin Emefiele’s tenure as Governor to the Buhari administration were given, collected and spent which has necessitated a probe of the immediate past administration. The Nigerian Senate on Tuesday resolved to probe how the N30tn Ways and Means loans of the Central Bank of Nigeria was obtained and spent by the administration…

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PDP protest as Kwara ex-Gov. Abdulfatah spends 2nd day in EFCC custody

The Peoples Democratic Party (PDP) in Kwara State on Wednesday converged at the Ilorin zonal office of the Economic and Financial Crimes Commission (EFCC) to protest against the continued detention of a former governor of the state, Abdulfatah Ahmed, by the agency. The protesters, who displayed placards with various messages to express their frustration and anger over the development, said the former governor has been detained for more than 48 hours without being charged in court. Some of the messages on the placards read: “Ahmed was very transparent; EFCC is…

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𝗚o𝘄𝗼𝗻 𝗧𝗼 𝗡𝗶𝗴𝗲𝗿𝗶𝗮𝗻𝘀: 𝗚𝗶𝘃𝗲 𝗧𝗶𝗻𝘂𝗯𝘂 m𝗼𝗿𝗲 t𝗶𝗺𝗲 t𝗼 t𝗮𝗰𝗸𝗹𝗲 𝗡𝗶𝗴𝗲𝗿𝗶𝗮’𝘀 problems

A former head of state, Gen. Yakubu Gowon (retd), on Wednesday urged Nigerians to give President Bola Tinubu’s administration more time to resolve the country’s various challenges. Gowon, who addressed State House correspondents after a meeting with President Tinubu in Abuja, said it was too early in the life of the administration to begin to resolve all inherited crises in different sectors. He said: “Well, I was telling him that no Nigerian leader that got there and will not have all the reports of what is being said about him.…

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Nigerians can’t afford beer any more – Brewery boss laments

The Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has said that the economic situation in Nigeria has deteriorated to the extent citizens can no longer afford to buy beer. Essaadi said this on Monday at the company’s investor call following the release of its 2023 results. “It has been unprecedented year for our business in Nigeria. We saw a significant decline in the mainstream lager market as a result of Nigerian consumers no longer able to afford a Goldberg after a hard day’s work,” Bloomberg quoted Essaadi as…

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State Police: Bill scales second reading at House of Reps

The House of Representatives on Tuesday, passed for second reading a bill to provide for the establishment of state police in the country. Sponsored by the Deputy Speaker of the House, Benjamin Kalu and 14 others, the bill seeks to alter the relevant Sections of the 1999 Constitution to pave the way for states to establish their own policing outfits. As lawmakers took turns to contribute to the debate on the floor of the House during Tuesday’s plenary, Kalu who stood in for the Speaker, Abbas Tajudeen, urged members to…

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Why we are moving Computer Village out of Ikeja -LASG

“We are moving the village into a place where their business would thrive while maintaining the status quo, Ikeja Computer Village was a residential area before, it is presently, and I think it will continue to be a residential area. We must ensure that things are done according to the law, since the law says it is a residential area, it should remain as such.

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FIRSTBANK CLINCHES THE PRESTIGIOUS CORPORATE BANK AWARD AT THE 2023 EUROMONEY AWARDS FOR EXCELLENCE

FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, Nigeria 2023. The Bank clinched the coveted award based on its 130-year commitment to enabling its corporate customers achieve success through relevant and tailored financial solutions. FirstBank’s continuous investment in technology has been crucial to its leading industry role in optimally meeting the needs of its corporate customers. Recent investments in technology include the development of its smart and interactive Transaction Banking Platform known as…

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FIRSTBANK SET TO REWARD CUSTOMERS WITH 36 MILLION NAIRA IN THE SECOND SEASON OF ITS FIRSTMOBILE CASH-OUT PROMO

FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash Out Promo 2.0 which began on Monday, 15 January 2024, ends on Friday, 15 March 2024, and is open to new and existing customers. Leading up to the grand finale – with 1 million naira up for grabs – the promo comprises three distinct categories, each offering attractive rewards comprising N10,000 worth of airtime and data, N20,000.00, and N100,000.00 respectively. In the first category, 100…

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FG begind payment of ASUU’s withheld salaries

The Federal Government has commenced the payment of the withheld salaries of academics under the aegis of the Academic Staff Union of Universities, PUNCH Online has learnt. Multiple sources in the academic sector confirmed the development to our correspondent in Abuja on Monday. The chairperson of ASUU at the Federal University of Technology, Minna, Prof. Gbolahan Bolarin, who confirmed the development on the record, said, “Yes, it is true. Payment has started rolling in.” President Bola Tinubu Tinubu had in October 2023 approved the release of four of the eight…

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FG warns DISCOs over estimated bills

Electricity consumers do not want to pay on the basis of estimated bills, rather they want to pay for what they consume and should be provided meters in order to achieve this, the Federal Government told power distribution companies on Tuesday. It disclosed this through the Nigerian Electricity Regulatory Commission during a meeting with investors/owners of Discos in the Nigerian Electricity Supply Industry in Lagos State. The lack of adequate meters has remained an issue in the power sector, as power distributors are still finding it tough to meter consumers…

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Ondo PDP chairman is dead

Mr Fatai Adams, the Chairman of the Ondo State Chapter of the Peoples Democratic Party, is dead. Though details of his death have not yet been made public, it was gathered that he died in the early hours of Wednesday. The party’s state Publicity Secretary, Mr Kennedy Peretei, who confirmed the incident, said the party would soon make official communication to the media on the matter. “Yes it is true but we will soon communicate you properly on the incident,” Peretei said. The State Working Committee of the PDP in…

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Pictures: High emotions, tears, as Abiodun, Dangote, Aig-Imoukhede, others visit Herbert Wigwe’s parents

Emotions ran high as billionaires wept freely as the Ogun State Governor, Dapo Abiodun and the President/Chief Executive Officer, Dangote Group, Aliko Dangote, alongside other associates paid a condolence visit to the parents of the late GCEO, Access Holdings Plc., Herbert Wigwe, on Monday. The Ogun State governor, Dapo Abiodun posted images from the visit on his Facebook account on Monday. The PUNCH reports that Wigwe, his wife, Doreen; son, Chizi; and a former Group Chairman of Nigerian Exchange Group, Abimbola Ogunbanjo, lost their lives in an helicopter crash which…

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Why we won’t return to ECOWAS -Niger’s coup leader, Tchiani

The head of military junta in Niger Republic, General Abdourahamane Tchiani, has vowed that none of the three Sahel countries would rejoin the regional bloc, Economic Community of West African States (ECOWAS). Gen. Tchiani made the vow in an interview he granted to RTN news channel in the capital, Niamey Monday. The military regimes in Burkina Faso, Mali and Niger January 28, announced their immediate withdrawal from the West African bloc ECOWAS. The leaders of the three Sahel nations issued a statement, saying it was a “sovereign decision” to leave…

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Why we settled for Bolaji Agbede as Wigwe’s successor – Access Holdings explain

The appointment of Ms. Agbede is in alignment with our robust succession planning practices. We are strongly convinced that Ms. Agbede, being the company’s most Senior Executive with exceptionally rich, professional and leadership experience and understanding of the Access culture

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Wigwe: Access Holdings release official statement

Access Holdings has confirmed the death of its Group Chief Executive Officer (CEO) Herbert Wigwe. Wigwe died in a helicopter crash on Friday with his wife, son, and a former Group Chairman of the Nigerian Exchange Group Plc, Abimbola Ogunbanjo. The bank in a statement on Sunday signed by the Company’s Group Secretary, Sunday Ekwochi, confirmed the unfortunate incident. “It is with deep sadness that the Board of Directors of Access Holdings Plc (‘the Company’) announces the passing of Dr. Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer…

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Read details of FG’s repayment plan for students’ loan

Ahead of the official launch of the Student Loan Scheme on February 21, 2024, the Nigeria Education Loan Fund said it is finalising repayment modalities. Although it confirmed that the 10 per cent direct deduction from the beneficiaries’ salaries still stands, applicants can pay higher percentages or 100 per cent upfront if they choose. However, persons confirmed to be dead, terminally ill, and incapable of earning a living through work will be granted waivers, a source close to the board’s activities told Sunday PUNCH. “First and foremost, the modality for…

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Wigwe, family and friends, in US to watch American Super Bowl, as details emerge of chopper crash

More details have emerged on the ill-fated crash of a chopper that had Herbert Wigwe, group chief executive officer (GCEO) of Access Holdings Plc, wife – Chizoba, son and three others on board. THE WITNESS learnt that Abimbola Ogunbanjo, the former group chairman of Nigerian Exchange Group Plc (NGX Group), and two others (yet to be identified) were also onboard the helicopter when it crashed in California near the Nevada border. The United States federal aviation administration (FAA) said the Eurocopter EC130 helicopter crashed around 10 p.m. California time (Saturday,…

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Arogbofa, Jonathan’s CoS slumps, dies in Abuja

Brigadier Grn. Seinde Jones Arogbofa (rtd), who served as Chief of Staff to former President Goodluck Jonathan, is dead. Arogbofa, who was military Assistant to a former military governor of Lagos State, then Col. Raji Rasaki, slumped and died on Saturday morning in Abuja. He was aged 71 . Born on 10 November 1952 in Oka-Akoko, Ondo State, Arogbofa was commissioned into the Nigerian Army in 1973. Jonathan appointed him Chief of Staff from February 10, 2014 to May 29, 2015. Arogbofa attended Obafemi Awolowo University, Rochester Institute of Technology,…

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Special Tribute on His Royal Highness, Oba Peter Olusegun Aremu-Cole, the Olukoro of Koro, who joined his ancestral fathers on 1st February 2024

By Dr. Olu Ajere Several thought forms, thought styles, and perspectives had emerged by community leaders, political leaders and public analysts about the circumstances that led to the gruesome onslaught on our Kabiesi which led to the joining of His ancestral fathers painfully. This matter goes beyond superficial and platonic brain waves’ submission on the serious matter. The Oba of Koro (A Retired Army General) departed this Sinful world as a great and giant ruler and soldier who sacrificed His golden life for the sake of humanity and His professional…

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Ekiti Monarchs Murder: IDC defends Olowolafe, says he is a man of unquestionable integrity

Members of Igbaraodo Development Council (IDC) in Ekiti State have warned those associating High Chief Oyebanji Olowofela with the current spate of kidnapping in the state to desist from the action, saying that he is a man of good track records and impeccable characters. IDC said in a statement signed by its Secretary, Ayo Adekoya-Benson and made available to the media, that Banji Olowofela is a qualified civil engineer of many decades. Olowofela is said to be “a 1969 graduate of the prestigious University of Lagos, a foremost legislator, the…

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Late Koro monarch’s wife, maid rescued as Police arrest 13 suspects

Olori Iyabo Aremu, wife of the slain Olukoro of Koro in Ekiti Local Government of Kwara State, late Oba Olusegun Aremu-Cole and her adopted maid identified as Feranmi, who were abducted after the murder of the monarch by some gunmen last Thursday have regained their freedom. The release of the monarch’s wife was confirmed in a statement issued by the state Police Public Relations Officer , Ejire-Adeyemi Adetoun, on Tuesday. The statement also said that 13 suspects were arrested by the police in the course of the rescue operation. The…

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Nigeria’s Alake chairs Africa Mineral Strategy Group

Nigeria’s Minister of Solid Minerals Development, Dele Alake, has been elected as the Chairman of the Africa Minerals Strategy Group. Dr. Alake was unanimously elected as the chairman of the mining pressure group on Monday, February 5, 2024. Speaking at the meeting of the Africa Minerals Strategy Group, Alake charged African leaders to forge a common front to get maximum benefits from the mineral resources on the continent. The minister, in a statement issued on Tuesday by his Special Assistant on Media, Segun Tomori, stressed that the era of carting…

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EFCC parades General Overseer for scamming church members N1.3bn

The Economic and Financial Crimes Commission (EFCC) has arrested the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, for defrauding church members and other Nigerians using fake grants from the Ford Foundation to the tune of N1, 319,040,274.31(One Billion Three Hundred and Nineteen Million, Forty Thousand, Two hundred and seventy-four naira, and Thirty-One Kobo). Ebonyi was arrested for defrauding his victims, comprising non-governmental organisations (NGOs) and individuals, by advertising an intervention project through his NGO (Theobarth Global Foundation) claiming that the Ford Foundation was offering…

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Police parade suspected killer of Ekiti monarchs

The Ekiti State Police Command has arrested one suspect linked to the killing of two traditional rulers in Ekiti State last Monday. The Assistant Inspector-General of Police, Dare Ogundare, said that the suspect, Babusa Lede, had confessed to involvement in the killing of the two monarchs, adding that efforts were on to apprehend others involved. The traditional rulers, the Elesun of Esun Ekiti, Oba David Babatunde Ogunsakin and the Olumojo of Imojo-Ekiti, Oba Samuel Olusola, were killed by the gunmen; while the Alara of Ara (Ikole), Oba Sunday Fatoba, escaped…

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Ajulo, five others named as commissioners as Aiyedatiwa forms cabinet

The Ondo State Governor, Lucky Aiyedatiwa, has named Kayode Ajulo, SAN, and five others as commissioner-nominees. The names of the nominees have therefore been sent to the House of Assembly for screening and confirmation. The governor’s Chief Press Secretary, Ebenezer Adeniyan, disclosed this in a statement made available to journalists on Friday. The governor had earlier picked a former Deputy Clerk of the National Assembly, Mr Olaide Adelami, as the deputy governor of the state. This came a few hours after the governor sacked all the commissioners and special advisers…

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Ex-AGF, Idris didn’t make statement under duress -EFCC

The Federal High Court has admitted new evidence against former Accountant-General of the Federation, Ahmed Idris, in his ongoing trial for alleged N109 billion fraud. The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement, stating that Idris, the first defendant in a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion, claimed that EFCC obtained his statement under duress, necessitating a trial-within-trial to determine the veracity of his claim. Idris is standing trial alongside three others: his company,…

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PRESS STATEMENT: Still on Agunloye, Mambilla, and EFCC*

Still on the subject of Mambilla Power Project, our intervention this time is triggered by an EFCC leaflet circulating on social media declaring that Dr Agunloye is being “investigated for $6 billion fraud”. We are not sure whether his inclusion on that list with 14 others was deliberate or if it is an error of judgement. What we know and which is clear from the project concept and related documents is that any narrative suggesting malfeseance on his part is false. In office, as a true patriot and Honourable Minister…

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Forbes Top 20: Otedola excited

Billionaire businessman, Femi Otedola, recently took to social media to express his excitement on his return to the Forbes African Billionaires list after a seven-year hiatus. Sharing a picture of the announcement on his Instagram page, he wrote, “Interesting”, and added smiley and dollar emojis.” The 61-year-old entrepreneur currently sits at number 20 on the list with a net worth of $1.1bn. According to Forbes, the wealth of the 2024 list of 20 billionaires rose to $82.4bn from last year’s $81.5bn, partly as a result of Otedola’s return. Before then,…

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Trouble in Ekiti as suspected herdsmen kill traditional rulers

Palpable fear gripped Ekiti State as gunmen suspected to be herdsmen, on Monday, killed two traditional rulers in the State. According to Oodua News, the incident happened between Oke-Ako and Ipao-Ekiti in Ajoni Local Government Area of the state. The duo – Onimojo of Imojo Ekiti in Oye Local Government Area and Elesun of Esun Ekiti in Ajoni, Ikole Local Government Area of Ekiti State, were attacked by the gunmen while returning from a meeting. Sources, according to Oodua News, disclosed that another monarch, Alara of Ara in Ikole LG,…

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Breaking: Another private jet crashlands in Ibadan

A private jet, with 10 persons onboard, including Very Important Personalities (VIPs) has crash-landed in Ibadan, the Oyo State capital. According to reports, the jet crash landed on Friday around 11 am at the Samuel Ladoke Akintola Airport. The jet with registration number, N580KR, missed the runway into the nearby bush. Meanwhile, firefighters and rescue officials from the Federal Airports Authority of Nigeria (FAAN) were immediately deployed to the scene. However, there was no death or casualty recorded. “It was a private plane from Abuja. It landed safely but overshot…

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Lagos Bishop gets life imprisonment for serial rape

Oluwafeyiropo Daniels, yhe Bishop of I Reign Christian Ministry, Lagos, has been sentenced to life imprisonment for raping his 23-year-old assistant (name withheld). Justice Rahman Oshodi of an Ikeja Sexual Offences and Domestic Violence Court also on Friday, January 26, sentenced Bishop Daniels to three years in prison for sexually assaulting a 19-year-old member of the church (count three of the four-count charge). The judge held that the cleric should spend the rest of his life at the Kirikiri custodial facility, Lagos. Oshodi held that prosecution established the ingredients of…

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Ondo Assembly confirms Adelami as Deputy Gov.

The Ondo State House of Assembly on Thursday screened and confirmed Olayide Adelami as the Deputy Governor of Ondo State. The development came 24 hours after the governor, Lucky Aiyedatiwa picked Adelami as the deputy governor-nominee and sent his name to the Assembly for screening and approval. The Assembly confirmed the nominee after the consideration of a report by the House selection committee presided over by the Speaker, Mr Olamide Oladij, during the plenary session of the Assembly. The House had earlier conducted a screening exercise for the nominee at…

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Super Eagles, get AFCON 2nd round ticket courtesy of Guinea-Bissau’s own goal

A Nigerian national team side, very wasteful in front of the opponent’s goal and devoid of its symbolic attacking prowess, helped by a first-half Opa Sangante own goal, got Nigeria a 1-0 win over Guinea-Bissau on Monday to secure a place in the last 16 of the Africa Cup of Nations. Sangante emphatically turned a Moses Simon cross into his own net in the 36th minute, after feeling compelled to intervene with Victor Osimhen lurking behind him. The result means the Super Eagles qualify in second place in Group A…

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Ado Bayero may be dethroned as Kwankwaso hints of review of Kano Emirate issues

Former Governor of Kano State and the leader of the Kwankwasiyya movement, Rabiu Musa Kwankwaso, has said that the issue of Kano emirates will definitely be revisited. Former Governor Abdullahi Ganduje had split the Kano emirate into five and dethroned the then Emir of Kano, Alhaji Muhammadu Sanusi. Following the victory of the New Nigerian Peoples Party in last year’s election, Kwankwaso had said the government of Engr Abba Kabir Yusuf would review the dethronement and balkanisation of the emirate. Speaking in an interview granted to select radio stations in…

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Access Bank acquires controlling shares in Ugandan bank

Access Bank, the lead subsidiary of Access Holdings Plc, has entered into a transaction with the Ugandan-based Finance Trust Bank Limited and its shareholders for the acquisition of a majority equity stake in FTB. According to a statement signed by the Company Secretary, Sunday Ekwochi, which was filed with the Nigerian Exchange Limited on Wednesday, the proposed acquisition is subject to regulatory approval. In recent days, Access Holdings had moved to expand its business segments with the acquisition of an insurance brokerage firm, Megatech Insurance Brokers Ltd and the floating…

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Illegal miners’ explosives caused Ibadan explosion -Makinde

The Oyo State Governor, Seyi Makinde, on Wednesday, said preliminary investigations by security agencies revealed that the explosion that rocked the Bodija Area of Ibadan, the state capital on Tuesday was caused by explosive devices stored by illegal miners. No fewer than 10 persons were feared killed and 15 others hospitalised following the explosion that also affected a section of the Governor’s Office, Secretariat, Oyo State House of Assembly, the residence of the former Attorney General and Minister of Justice, Chief Bola Ige, some buildings at Ologuneru, Apete, New Garage,…

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