Banks: Anxiety Looms Over More Acquisition

By Bayo Bernard Apprehension is on the rise that more of the 23 commercial banks in Nigeria face uncertainty in 2019 as stakeholders expect the Central Bank of Nigeria, CBN to release a damning report on the health status of some banks, through the Financial Stability Report, FSR. The FSR is used by the CBN to measure the resilience of the financial sector to the economy. According to checks, some banks may get the CBN harmer for poor governance issues before half year 2019 after serious indictment in the FSR.…

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2023: Attention: Ngige & Osita

Comfort Obi

By Comfort Obi In the past one year, aside from being the Minister for Labour, Chris Ngige, a medical doctor, has been engaged in another assignment which he considers very important. It is to convince his South-east people that one of their own will be Nigeria’s President in 2023. But Ngige attached a condition. The region must vote massively for President Muhammadu Buhari’s second term in office in 2019, or forget the Presidency. On this, Ngige is in the good company of Osita Okechukwu, the Director General of the Voice of Nigeria,…

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$2.8m Seized Cash is For Political Campaigns- EFCC Source

By Bayo Bernard  The Central Bank of Nigeria, CBN has failed to intervene on the allegation of money laundry in which two officials of Bankers Warehouse are currently being held by the Economic and Financial Crimes Commission, EFCC. The decisionby apex bank to keep mum over the matter, the magazine learned may not be unconnected with ongoing EFCC investigations to unravel the source of the cash and suspicion held by the anti- graft body that the seized is meant for campaign purposes. Two officials of BW were arrested last Thursday…

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US Congress, Others Query Clampdown on Opposition by FG

The subcommittee of the United States congress for Africa has taken the Trump administration to task on what they are doing about the human rights abuses and the Federal Government clampdown on the opposition during the run up to the 2019 elections. The subcommittee, which oversees Human rights, Global Health, and International Organizations frowned at the US government responses to happening in Nigeria, citing reports from Vanguard Newspapers and Premium Times, representing the main stream and online media. During a hearing on Nigeria earlier this month, which was titled “Nigeria…

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Lagos: Internal Wranglings In APC might Give An Edge To Agbaje

Bola-Ahmed-Tinubu

By Uche Mbah Lagos, hitherto the political empire of Asiwaju Bola Tinubu, a leader of the ruling All Progressives Congress, APC, appears to be at a political crossroads since an incumbent was denied a second term by the widely acclaimed political godfather. Recall that the incumbent governor, Akinwunmi Ambode, was unceremoniously sacked by Tinubu on the grounds that though he is acclaimed to be performing, he is not a faithful party man. He has since been replaced by Babatunde Sanwolu, who is currently the APC governorship candidate in Lagos. But…

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Amid Boos and Crisis, Buhari Presents Budget Without Economic Plan

By Uche Mbah President Muhammadu Buhari presented the 2019 budget yesterday amid boos, jeers and accolades from the joint sitting of the national Assembly. The budget, which degenerated into a campaign speech by the president, was received with boos and shouts of “it’s a lie”, “no more years”, four more years” etc. It was a rancorous session, which prompted the president to take a break from reading the budget and caution the National Assembly, saying they should not be behaving this way, and that “the world is watching us”. Amid…

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LADOL Gets Certification On Best Practices

By Bayo Bernard LADOL Free Zone’s logistics has become the first firm in West Africa to be awarded the International Organization Standardization, ISO 9001:2015 and 45001:2018+14001:2015. The logistic company said the feat came on the heels of rigorous and transparent audit process conducted by Bureau Veritas, a renowned rating body. According to a press statement signed by Kunle Kalejaye, LADOL spokesperson, the logistic company said it will continue to break new grounds and prove that Nigerian companies can lead the way and exceed international standards. It said the feat would…

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2019: FG Clampdown On Opposition Intensifies, Opposition Warns on Rigging

By Uche Mbah Despite warnings by the opposition and predictions by western intelligentsia, there appeared to be a desperation to clamp down on opposition and international donor agencies as long as their position is at variance with the position of the ruling party, the opposition has alleged. This comes on the heels of the alleged freezing of the accounts of Peter Obi, the vice presidential candidate of the Peoples Democratic Party, PDP The PDP had earlier in the year warned of the plan by the APC led government to clamp…

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Mourinho Sacked By Manchester United

By Akinwale Kasali The handwriting was boldly written on the wall. The stargazers has predicted that the end was near for the Manchester United to part ways with their Portuguese manager. The body language of Manchester United Chairman, David Wood, spoke volume. Immediately Mourinho substituted Ander Herrera, in their Sunday 3-1 defeat to Liverpool at Anfield, Wood was disappointed as he made hand gesture towards the substitution to one of the board members beside him, showing his displeasure towards the move. It was there and then, Manchester United fans knew…

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2019 Polls: Agbaje Optimistic Of Defeating APC

By Akinwale Kasali Jimi Agbaje, the Peoples Democratic Party, PDP, governorship candidate in Lagos State, has high hopes becoming the next governor of the state. Agbaje who had on several occasion tried his luck on becoming the governor of the Centre of Excellence, as Lagos State is called, but has been defeated by the All Progressives Congress, APC, candidate in the 2015 gubernatorial polls in the state. At the 2015 poll, Agbaje lost to the incumbent governor of the State, Akinwunmi Ambode, but this time around, Agabje believes he has…

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