Author: Editor
The infraction happened in the wake of the COVID-19 pandemic, under Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), who is currently facing corruption charges. The sum of $4.5 billion cannot be accounted for in Nigeria’s Foreign Reserves between 2018 and 2019, an audit report of the Office of the Auditor-General of the Federation (OAuGF) has revealed. The annual audit report details the expenditures and finances of the government’s ministries, departments, and agencies within a financial year. According to the report, Foreign Reserves, which stood at US$42,594,842,852.75 in December 2018, decreased to US$38,092,720,200.72 in 2019. By…
Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) of the holding company. The appointment follows the death of its late Group Chief Executive Officer, Herbert Wigwe, who died in a helicopter crash in the United States on Friday. Mr Wigwe died alongside his wife, son, and a former chairman of the Nigeria Exchange Group, Abimboloa Ogunbanjo. “Further to its announcement dated February 11, 2024, the Board of Directors of Access Holdings Plc (‘the Company’) has today announced the appointment of Ms Bolaji Agbede as the Acting Group Chief…
Oyo State Governor, Seyi Makinde, has presented the staff and instrument of office to the Onigbeti of Igbeti land, HRM. Oba (ENGR.) Bashir Olalekan Abioye (Siyanbola IV). He charged the new monarch to work for the unity of Igbeti land and should embrace the wisdom, grace, and humility that befit a leader of his stature. Governor Makinde, who was represented by his deputy, Barrister Abdul-Raheem Adebayo Lawal, stated this on Monday at the event held at UMCA, Ogunbode Memorial Grammar School, Igbeti, Olorunsogo Local Government, which had in attendance members of Oyo Elders and Advisory Advisory Councils; Government functionaries;…
Four Nigerian policemen stationed at a checkpoint along the Jalingo-Yola highway have garnered widespread praise for their integrity after they turned down a staggering N8 million bribe offered by arrested criminals. The officers were approached by individuals attempting to secure their release by offering a substantial sum. Despite facing financial hardships, the policemen remained steadfast in their commitment to upholding the law and refused the bribe. Their principled stand against corruption has sparked admiration from citizens across the nation. The incident serves as a beacon of hope in the ongoing battle against corruption within law enforcement agencies in Nigeria,…
NLC, TUC in talks over suspending strike The National Labour Congress has justified why the Federal Government should consider at N1 million as monthly minimum wage The NLC president, Joe Ajaero disclosed this on Sunday in an interview with Arise Television. According to Ajaero, the new minimum wage must reflect the country’s economic conditions and other economic indicators. Ajaero added that as long as the dollar keeps rising against the naira, demands for a higher minimum wage will be inevitable. He said the initial N200,000 minimum wage proposal is no longer tenable, citing the soaring price of food items…
Faleye Olushola, the Special Assistant to the Co-founder and Group Chief Executive Officer of Access Holdings Plc, Herbert Wigwe, narrowly avoided tragedy on Friday night amidst the ill-fated helicopter crash that claimed the lives of his boss, wife, and son. Initial reports from Tribune Online on Saturday indicated that Wigwe, along with his wife, Chizoba, and son, tragically lost their lives in a helicopter crash in the United States. However, by a stroke of luck, Olushola, whose name was listed on the manifest, narrowly escaped death as he opted against boarding the ill-fated flight, choosing instead to travel by…
Workers in different federal establishments across the country have bemoaned the delay in the payment of their January salary, describing the action of the government as insensitive considering the current economic situation in the country. Some of the workers said the delay is the worst in recent years, worse than they experienced during the COVID-19 pandemic when workers were asked to stay at home. PREMIUM TIMES learnt that a memo from the Office of the Accountant General of the Federation had earlier notified the workers of the delay. According to the memo, the accountant general’s office was working on…
: The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Sunday said the socio-economic as well as security challenges confronting the country require spiritual solution. The clergyman noted that the nation’s political leaders appeared to have tried their best in seeking solutions but that Nigeria urgently needs divine intervention. Adeboye stated these when he met the Kaduna State Governor, Senator Uba Sani, at the Sir Kashim Ibrahim Government House, Kaduna, the state capital. This was as the governor noted that President Bola Tinubu needed the prayers and support of clerics like Adeboye to put the…
‘Come and watch AFCON at my place,’ Teni alerts ladies to men’s new trick [Video] Nigerian singer, Teniola Apata, popularly known as Teni has shared an update with ladies ahead of the 2023 Africa Cup of Nations (AFCON) final between Nigeria and Cote D’Ivoire. According to her, men might ask them to come over to their place but they should take precautions before heading over. She alluded that some men want to sleep with some ladies before Valentine’s Day and will use AFCON as excuse. She said, “Girls, let me tell you a secret, Valentine scam wants to…
The Nigerian Navy says it arrested Motor Tanker SAISNIL II with about 720,000 Liters of Crude Oil Sludge allegedly stolen from an oil facility in the Niger Delta region. The St. Vincent & Grenadines flag vessel was arrested along with it’s 11 crew men onboard The ship which was allegedly arrested around 199 nautical miles off Lagos coast was later brought to Lagos where the captain, the Chief Engineer and others are being interrogated. It was learnt that the Captain of the ship had deliberately turned off the Automatic Identification System (AIS), which is a grievous infraction within the…