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Central bank sanctions four banks over delay in customers’ enquiries

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.
Nigeria Governors Forum (NGF)

Governors rise against NFIU regulations on local council funds, write President Buhari

Nigeria’s 36 governors have risen against new financial regulations which seek to end their control of local government finances.
Nigerian Stock Exchange NSE

NSE, GRI to host sustainability reporting workshop

The Nigerian Stock Exchange (NSE) in partnership with the Global Reporting Initiative (GRI), supported by UK aid, hosts a half-day workshop on sustainability reporting where the NSE Sustainability Disclosure Guidelines will be unveiled.

Central bank lists measures for anti-money laundering, combating financing of terrorism

The Central Bank of Nigeria (CBN) has warned employees of financial institutions to avoid establishing relationships with individuals or entities who may pose undue reputational risks to their organisations.

Money laundering: Banks’ brainstorm over new central bank sanction regime

The new Anti Money Laundering/Counter Financing Terrorism (AML/CFT) sanction regime announced by the Central Bank of Nigeria (CBN) has triggered a series of top management brainstorming sessions amongst banks over implications and implementation.

Sierra Leone villagers recount abuse in UK mining firm case

A British court heard testimony of the alleged complicity of a British mining company in police brutality including rape on Tuesday, in an unusual hearing held in Sierra Leone.

Godwin Emefiele: Cryptocurrency investors are gamblers

Central Bank of Nigeria (CBN) yesterday said that it would render support to Nigerians investing in cryptocurrency, describing such investment has gambling.

EFCC recovers N738.9 billion in 2 years – Ibrahim Magu

The Economic and Financial Crimes Commission (EFCC) on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and Oct. 20, 2017.

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The campaign organisation in a statement said a PDP supporter, Yusuf Seidu Uhiene, was killed in Ayingba, in Dekina local government, when the party’s governership candidate, Engr. Musa Wada, was there for a stakeholders meeting.

Musa Wada: Why I cannot accept outcome of Kogi election

Engr. Musa Wada, the candidate of the People’s Democratic Party (PDP) in the Nov. 16th Kogi State Governorship Election has rejected result of the election citing gross violations of the electoral process. Musa made this known in Lokoja today during a media parley.
Enyimba downed Akwa United 3-1 in NPFL action on Sunday, while Lobi Stars also secured a massive victory away at Kano Pillars.

NPFL: Enyimba defeat Akwa United, Lobi Stars beat Kano Pillars

MFM FC were big winners away at Enugu Rangers, defeating the Caf Confederation Cup group stage contenders 1-0, while newly promoted Jigawa Gold Stars’ wait for a maiden league victory continues, as they were thumped 4-1 at Delta Force.Enyimba defeated Akwa United 3-1 in NPFL action on Sunday, while Lobi Stars also secured a massive victory away at Kano Pillars.
As Nigeria celebrates her 59th year independence anniversary, Governor Darius Ishaku of Taraba State has said that though the country is 59 years old, it has not matured.

Taraba to incorporate additional 300 staff into state civil service

The Taraba Governor, Darius Ishaku has approved the employment of over 300 people into the state civil service as part of efforts to address the gross manpower shortage of the state civil service
“In several cases, journalists, bloggers and activists have either been denied bail, as it is the case with journalist Agba Jalingo, or granted bail with stringent conditions that implicitly violate human rights, as it is the case with journalist and activist Omoyele Sowore and Olawale Bakare. In all of such cases, the alleged offences are not constitutionally and internationally recognizable.”

Correctional Service: Agba Jalingo didn’t sponsor inter-cell sports competition for inmates

The authority of Nigerian Correctional Service have refuted reports in one of the private television stations and some social media handles claiming sponsorship of a football competition by detained journalist, Agba Jalingo, for inmates in the Afokang custody Centre of the service in Calabar, Cross River State.
YIAGA Africa

Kogi elections: Yiaga Africa wants polls cancelled

An election observer group, Yiaga Africa, has called on the Independent National Electoral Commission (INEC), to cancel the gubernatorial and senatorial elections in Kogi State; saying the exercise was marred by vote-buying, ballot box snatching, intimidation of voters and thuggery.