Assets

Sometime in April, 2017 an online medium, sponsored by the Federal Government, claimed falsely that the Economic and Financial Crimes Commission (EFCC) had handed over a property confiscated from a former governor of Bayelsa State, the Late Chief D.S.P Alamieyesigha to me.

The Executive Chairman, Economic and Financial Crimes Commission (EFCC) Mr Abdulrasheed Bawa, has pledged to steer the organisation towards proactive and intelligence-led investigation.

English singer-songwriter, Adele, and her former husband, Simon Konecki, have finalised their divorce nearly after two years they are separated.

The United States on Thursday unveiled new measures to punish Myanmar’s army for its February 1 coup, blocking the ministries of defence and home affairs and top military conglomerates from certain types of trade.

The minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has advised Nigerian women not to regard the N20, 000 special grant given to the rural woman by the federal government as the fabled national cake.

Governor Okezie Ikpeazu of Abia state has expressed concern that despite the long years of oil exploration in the state, there has been no tangible impact on the lives of oil-producing communities in the state.

The Federal High Court in Abuja yesterday adjourned the corruption case involving a former Minister of Petroleum Resources, Diezani Alison-Madueke, who is believed to be in the United Kingdom.

The United Nations (UN) has condemned the attacks by Boko Haram against civilians and aid facilities in Dikwa, Borno State.

The federal government has tasked the Nigerian Security and Civil Defence Corps to develop a robust scheme for protecting schools across the country.

President Muhammadu Buhari and Vice President Yemi Osinbajo will on Saturday, be among the key national figures to receive the first dosage of Oxford Astra-Zeneca COVID- 19 vaccines scheduled to arrive Abuja Tuesday.

A U.N. human rights investigator said on Monday that it was “extremely dangerous” for the United States to have named Saudi Arabia’s de facto ruler as having approved an operation to capture or kill journalist Jamal Khashoggi but not to have taken action against him.

Ngozika Ihuoma, first defence witness (DW1), on Monday, told the Federal High Court, Abuja, that Abdulrasheed Maina, uncovered monumental fraud when he was the Chairman of the defunct Pension Reform Task Team (PRTT).

The Central Bank of Nigeria, CBN, staff report has indicated that the banking industry ended 2020 in a mixed performance. But members of the apex bank’s Monetary Policy Committee, MPC, its highest policy body, have indicated that the industry remained resilient and sound despite some negative impacts of the COVID-19 pandemic during the year.

The Australian National University’s Chinese Investment in Australia Database (CHIIA) recorded just over $780m (A$1bn ; £550m) in investment.

Minister of Works and Housing, Babatunde Fashola, says despite the recent outcry on the huge sum of money allocated for the renovation of the National Assembly, Nigerians stand to gain from it.

The International lounge of the Asaba International Airport hosted prominent Deltans, top Government functionaries and investors Tuesday as the Airport was concessioned to a master concessionaire (FIDC-Menzies Consortium, now incorporated as Asaba Airport Company Limited) and sub-concessionaires of technical partners with a designated area of investment for 30 years by the State Government after five years of rigorous and painstaking exercise.

The Central Bank of Nigeria (CBN) has thrown its weight behind the federal government’s decision to sell its least valued assets and use funds from the sale to execute infrastructural projects in the 2021 budget.

New donors are needed to secure a steady food supply in 2021 in line with the international community’s commitments to meet refugees’ immediate humanitarian needs under Uganda’s Comprehensive Refugee Response Framework, the WFP added.

The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and to accelerate growth.

Mr Abdulrasheed Bawa, new Chairman of Economic and Financial Crimes Commission (EFCC) has denied selling recovered assets while serving as Port Harcourt Zonal Officer of the commission.

Stanbic IBTC Bank Plc has reaffirmed its commitment to the growth of Nigeria’s agriculture sector by supporting farmers and other players in the agricultural value chain.

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system.