Author: NPO Admin I
By Halimah Olamide Afrobeat crooner, David Adeleke popularly called Davido, has hailed his cousin, Tunji Adeleke after resuming office as the Chairman of the Osun state Local Government Service Commission. Tunji Adeleke is the son of late Alhaji Isiaka Adeleke, brother of the present Governor Ademola Adeleke who was the first elected governor of the state. He died on April 23, 2017 in Osogbo. The younger Adeleke who now oversees the commission which oversees the affairs of all the local government areas and development areas of the state, had said on his X handle on Monday he was energised for…
By Halimah Olamide United Bank for Africa (UBA) Plc, on Monday attained a market capitalisation of over N1tn just as its share price value hits N29.90 per share. At the close of trading on Monday, the Bank’s market capitalization hit N1,022,562,698,843, making it the 3rd most capitalized financial institution in Nigeria, a remarkable lift from N283.8bn at the beginning of the 2023. The Bank has 34,199,421,366 shares in issue, UBA’s N1tn market capitalisation mark comes amidst the bank’s share being named as the highest performing stock in the banking sector in 2023, which underscores the bank’s robust growth trajectory…
By Halimah Olamide Suspended Dean of Faculty of Law, University of Calabar (UNICAL), Professor Cyril Ndifon has been remanded in Kuje Correctional Centre pending conclusion of his bail application. The order for his remand was handed down by Justice James Omotosho of the Federal High Court, Abuja. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) had on Monday, arraigned Ndifon in court on four (4) counts charge over an alleged sexual misconduct against some of his students. Mrs. Azuka C. Ogugua Spokesperson to the Commission, in a statement made available to the NPO Reports on Monday said Ndifon…
By Safiu Kehinde The Economic and Financial Crimes Commission has invited the suspended minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu over allegations that she approved the transfer of government funds to the tune of N585m into a private account. Though attempts to confirm the invitation from the spokesman of the commission, Mr. Dele Oyewale, proved abortive as at press time as his telephone line was not reachable. It was however gathered that the head office of the commission in Abuja had been sufficiently briefed by the presidency after the directive from President Bola Tinubu for her suspension…
By Halimah Olamide President Bola Tinubu on Monday bowed to pressure as he suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect. The Government said the president’s action was in line with his commitment to uphold the highest standards of integrity, transparency, and accountability in the management of the commonwealth of Nigerians In a statement released by Ajuri Ngelale, the President was reported as further directing the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) to conduct a thorough investigation into all aspects of the financial transactions involving the Federal…
By Halimah Olamide Former Minister of Humanitarian Affairs, Hajia Sadiya Umaru Farouk, has on Monday morning submitted herself to the Economic and Financial Crimes Commission for questioning. The former Minister, who has been caught in the web of a N37bn fraud in her ministry, arrived at the ant-graft agency office days after she was first expected to give accounts over the said funds. “I have, at my behest, arrived at the headquarters of the Economic and Financial Crimes Commission (EFCC) to honour the invitation by the anti-graft agency to offer clarifications in respect of some issues that the commission is…
By Halimah Olamide The Minister of Humanitarian Affairs, Betta Edu, has said that Oniyelu Bridget Mojisola in whose private bank account over N585m was paid is the project accountant for the Ministry’s Vulnerable Group project. There have been outrage after a document leaked showing that the Minister asked the office of the Accountant General of the Federation to pay a sum of N585, 189,500 into the UBA account of the said project account. In a statement released on behalf of the ministry in the heat of the allegation against Edu, Rasheed Olanrewaju Zubair, who is the Special Adviser to the…
By Dehinbo Olaide A popular actor of the Yoruba extraction Chief Adedeji Aderemi popularly called Olofana is dead. NPO Reports gathered that the legendary actor died at about 7pm Thursday evening. He was said to have been down with an undisclosed illness. Details of his death were not available as at the time of filing this report but an actress who is close to the late actor Toyin Adegbola, (Ajoke to Re Mecca) who spoke to the NPO Reports from Ibadan said she had been informed of Olofana’s death Thursday evening. He was said to be 73 years old.
By Halimah Olamide The Federal Government on Thursday extended the free train ride to Sunday January 7. In a statement personally issued the Minister of Transport, he said the directive came from President Bola Tinubu. In the statement signed by Senator Said Ahmed Alkali, the Minister, he said the extension was to allow more Nigerians who are yet to return to their stations enjoy the benefit. The Federal Government announced a free train service on all serviced routes and 50% rebate on road transportation from December 21, 2023 to January 4th, 2024 on specific routes to reduce the burden of…
By Halimah Olamide There are indications that an aide of the former President Muhammadu Buhari, Tunde Sabiu, was the originator of the Naira redesign project under the headship of former Central Bank of Nigeria’s Governor, Godwin Emefiele. It was also reported that huge funds have been traced to foreign accounts operated by Emefiele as the special investigator appointed by President Bola Tinubu opens the apex bank’s can of worms under the watch of Emefiele. The probe document revealed that “The former President tagged along but did not approve the redesign as required by law. Buhari merely approved that the currency…