AUTHORITIES of the Nigeria Immigration Service (NIS), Osun State command have arrested two Togolese, claiming to be Nigerians for allegedly attempting to use Permanent Voters Cards (PVCs) issued by the Independent National Electoral Commission (INEC) to open bank accounts in Osogbo. Making this disclosure during a press briefing on Tuesday at the state headquarters of…
A 59-year-old stockbroker, Kayode Awotile, who allegedly obtained N21.2 million worth of shares from a businessman under false pretences, was yesterday arraigned before an Igbosere Magistrates’ Court, in Lagos. Awotile is facing a four-count charge of fraud, theft, and issuance of dud cheque. The prosecutor, Inspector Steven Molo, told the court that the defendant committed…
The Central Bank of Nigeria (CBN) on Tuesday, called on Nigerians, especially market women, to handle the Naira notes with care, saying Naira notes should be seen as a symbol of the nation. The Assistant Director, Currency Operation Department of the CBN, Mr. Benedict Maduagwu, who stated this in Akure, Ondo State capital, during a…
The Bankers’ Committee, an umbrella body of senior officials of Central Bank of Nigeria (CBN) and chief executive officers of banks in Nigeria, is set to hold enlightenment workshops on its new funding initiative for Small and Medium Enterprises (SMEs) in Lagos, Kano, and Aba. Recall that the Bankers’ Committee recently introduced ‘Funding Nigeria SMEs…
A retired judge of the Osun State High Court, Justice Folahanmi Oloyede, on Wednesday led hundreds of retirees in protest against the non-payment of their gratuities and pensions by Governor Rauf Aregbesola-led administration. The protesters marched through some streets in Osogbo, the state capital, demanding the payment of the money owed them by the government….
The Financial Reporting Council of Nigeria (FRCN) has declared that the new Corporate Governance Code 2018 would serve as the regulatory code in the country by January 1, 2020, when its full implementation commences. Consequently, the existing code of governance under the laws establishing regulatory bodies like the Central Bank of Nigeria (CBN), Securities and…
The Kogi state council of Nigeria Labour Congress has accused desk officers in charge of pension matters in the 21 local government areas of extorting pensioners. The State Chairman of NLC, Onuh Edoka warned desk officers across the Local Government Areas to stop extorting money and seeking any other forms of gratification before processing documents…
The Securities and Exchange Commission (SEC) has again warned Nigerians against investing in schemes that offer unreasonable returns and not approved by the commission. The Acting Director-General of SEC, Ms. Mary Uduk while speaking on current initiatives to move the market forward during a Town Hall meeting held in Port Harcourt, Rivers State, on Wednesday,…
Organised Labour in Kwara State, has pleaded with the state government to immediately pay the pensioners in the state N900 million owed them in order to stop further deaths among the senior citizens. Speaking through the Chairman of Nigeria Labour Congress, NLC, in the state, Yekeen Agunbiade, he noted that the amount, which excluded pensioners…
Plateau State High Court sitting in Jos, yesterday, threatened to strike out the criminal case against the former governor of the state and Senator representing Plateau North in the National Assembly, Jonah Jang, by Economic and Financial Crimes Commission, EFCC, if the commission continued to delay proceedings with flimsy excuses. Justice Daniel Longji said he…