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Articles by Ivorian luck
BREAKING: EFCC re-arraigns Emefiele
The Economic and Financial Crimes Commission (EFCC) has re-arraigned the immediate past Central Bank of Nigeria (CBN) governor, Godwin Emefiele, before Justice Hamza Muazu of the High Court of the Federal Capital Territory (FCT), sitting at Maitama, Abuja. The anti-graft agency, on behalf of the Federal Government, re-arraigned the embattled Emefiele on a 20-count charge bordering on conferring corrupt advantage, forgery and obtaining by false pretense.
Foreign airlines repatriate N795bn in six months – CBN report - Century Post
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn).
BREAKING: Fulani herdsmen storm Benue, kill 2 soldiers, others
Four people, including two soldiers have been reportedly killed by gunmen who invaded some communities in Agatu Local Government Area of Benue State today. The armed men were said to have attacked some communities in the local government leading to the death of two people, reports The PUNCH.
Palpable tension in Kano as Kwankwaso hints at Sanusi’s return as Emir
There is another apprehension in the air as former Governor of Kano State and the leader of the Kwankwasiyya movement, Rabiu Musa Kwankwaso, declared that the creation of the five emirates councils will “definitely be revisited.” Immediate past governor, Abdullahi Umar Ganduje, had split the Kano emirate into five after he dethroned the 14th Emir of Kano, Muhammadu Sanusi II.
Ivorian luck in Eagles gold, By Emeka Obasi
Anytime the Super Eagles lifted the African Nations Cup trophy, they confronted Elephants, were unbeaten by by the Ivorians and ended up producing the tournament’s Top Scorer. In 1980, Taifa Stars of Tanzania were easy meat in the opening match. Although they came with two outstanding goalkeepers, Athumani Mambosasa and Juma Pondamali, the East Africans could not hold back the trio of Muda Lawal, Ifeanyi Onyedika and Segun Odegbami. It ended 3-1 for Nigeria.
AVR champions alternative music evolution with Anthems & Vibes Vol.1.
Anthems & Vibes Records (AVR), the Nigerian record label championing the Alternative music evolution, has released its debut self-titled album, Anthems & Vibes Vol.1. Anthems & Vibes Records (AVR), the Nigerian record label championing the Alternative music evolution, has released its debut self-titled album, Anthems & Vibes Vol.1. The body of work flaunts the talents of ten Alternative artists, challenging the status quo of Nigerian music and exploring uncharted sonic palettes.
Nigeria loses nothing from oil companies’ asset divestment, says Minister - Century Post
Following the mass divestment of assets belonging to some International Oil Companies (IOCs), the latest being Shell Petroleum Development Company (SPDC) Onshore and Gas Assets Limited, the Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, has asked worried Nigerians not to lose sleep over the matter as the country loses nothing. Lokpobiri spoke on the sidelines of the World Economic Forum in Davos, Switzerland.
States tighten noose on mining as Ibadan explosion death toll now 5
As global mining and metals companies in Davos at the World Economic Forum commit to urgent action to support a nature positive future by 2030 that promotes the health, diversity and resilience of species, ecosystems, and natural processes, national and sub-national governments are still in a quandary on how to check the menace of illegal mining and effectively regulate the sector following Tuesday’s explosion in Ibadan, Oyo State.
Foreign airlines, agencies in fresh push for release of $751m stuck fund
Sequel to the last intervention by the Central Bank of Nigeria (CBN), foreign airlines and travel agencies have made a fresh appeal for a structured plan to fully defray $751 million outstanding stuck fund in Nigeria. The stakeholders, though acknowledged the federal government’s commitment that led to the release of $61 million recently, they said the piecemeal approach fell short of expectations from the aviation sector in Nigeria, reports The Guardian.
FX crisis plunges Nigeria’s non-oil exports to $4.5billion
The value of Nigeria’s non-oil export revenue recorded a marginal decrease to $4.5bn in 2023, the Nigerian Export Promotion Council has said. The drop represents a $300m or 6.3 per cent decline from the $4.8bn revenue accrued to government coffers in 2022 and $500m less than the $5bn target set by the council for the year, reports The PUNCH.
President Biden honors Nigerian ex-US Air Force combatant, Irene Cole - Century Post
President Joe Biden of the United States of America, Joe Biden has issued a certificate of honor to Nigerian-born former US Air force officer, Queen Irene Olasumbo Cole, in recognition of her devoted and selfless consecration to the service of the country in the Armed Forces. The certificate personally signed by President Biden reads: “The United States of America honor the memory of Irene O. Cole.
EFCC investigators taking bribes, comprising fight against corruption – Chairman - Century Post
Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede, has revealed that some investigators of the commission take bribes and compromise the fight against corruption. In his New Year address to the staff of the EFCC, Olukoyede said he would not hesitate to punish any officer who tarnishes the image of the EFCC, reports The Guardian. “At this point, I need to strongly reiterate the issue of discipline, integrity and sense of responsibility in the way we do our work.
How to find hope in a hopeless situation, By Tony Ogunlowo
New Year, new wahala! Everywhere you look its doom and gloom: politicians come and go promising Heaven and Earth but fail to deliver leaving the average person on the street still hungry as ever, despondent and doubtful about things will ever get better in their lifetimes. We are all, currently, living in difficult times: the cost of living has skyrocketed and there is uncertainty everywhere you look. The Hope we all believed in is fast dwindling into nothingness.
COVID-19 Intervention Funds: Reps Committee indicts Trade and Investment Ministry, ask them to refund N75bn - Century Post
The House of Representatives Committee on Public Account has said that the Federal Ministry of Trade and Investment should refund N75 billion COVID-19 intervention fund to government coffers. The resolution was sequel to the adoption of a motion by Rep. Bassey Akiba (LP-Cross River) at a public hearing on COVID-19 funds on Thursday in Abuja. Moving the motion, Akiba said that the committee had written to the ministry three times to appear and account for the funds but they had failed to reply.
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