Tag: DSS

CBN Bans Use of Foreign Currency Denominated Collaterals For Naira Loans

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Olasunmibo Aboluwade, Abuja The Central Bank of Nigeria, (CBN), has banned the use of foreign currency denominated collaterals for naira  loans . This is contained in a memo by the CBN to all banks operating in the country. The memo with references, BSD/DIR/PUB/LAB/017/004, dated April 8, 2024,  was signed by Dr Adetona S. Adedeji,  Acting Director, Banking Supervision  Department . It was titled, Letter to All Banks: The Use of Foreign-Currency-Denominated Collaterals For Naira Loans Part of the letter read, “The Central Bank of Nigeria has observed the prevailing situation…

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Eid-Fitr: FG Declares Tuesday, Wednesday, Public Holidays 

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Olasunmibo Aboluwade, Abuja  The Federal Government  has declared Tuesday 9th and Wednesday 10th April 2024 as Public Holidays to mark Eid-el-Fitr Celebration.  The Minister af Interior. Olubunmi Tunji-Ojo made the deciaration on behalf of the Federal Government. This is contained in a statement by the Permanent Secretary, Federal Ministry of Interior, Dr. Aishetu Gogo-Ndayako, on Sunday. The Minister congratulated all Muslim Ummah for the successful completion of the fasting in the holy month of Ramadan.  Tunji-Ojo also  called on Muslim Ummah to imbibe and practise the virtues that entails kindness,…

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I’m The Best Choice To Succeed Obaseki, Iseghohi, LP Governorship Aspirant Declares

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Olasunmibo Aboluwade, Abuja  A leading governorship aspirant on the platform of Labour Party (LP), Tom Iseghohi, has said that he remains the best choice to succeed Governor of Edo State, Godwin Obaseki in the September 21 Governorship Election. Iseghohi, the former Group Managing Director, Transnational Corporation of Nigeria, said he wants to succeed the outgoing governor in order to ensure good governance, proper management of the vast resources in the South-South state. Iseghohi, an indigene of Uromi, Esan Northeast Local Government Area, in Edo Central Senatorial District of the state,…

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Japa: ‘Please, Declare Me Wanted,’ Desperate Youth Beg Lagos Police PRO 

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Olasunmibo Aboluwade, Abuja  A desperate young man has approached the Lagos State Police Command, and pleaded to be declared wanted in order to aid his traveling abroad in search of greener pastures. The Public Relations Officer, Lagos State Police Command, Benjamin Hundeyin, raised the alarm on his verified X handle, formerly Twitter, on Saturday. The young Nigerian, according to the police image maker, explained that he was seeking asylum in a foreign country and would need the document to prove at the embassy that he was being persecuted which made…

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Ajulo: How Tinubu Can Expose Corrupt EFCC Officials

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Olasunmibo Aboluwade, Abuja  A Senior Advocate of Nigeria, Dr. Olukayode Ajulo, has urged President Bola Tinubu to urgently set up a presidential task force to identify corrupt officers in the Economic and Financial Crime Commission, EFCC. Ajulo made the call in Abuja on Saturday against the backdrop of the claim by Ola Olukoyede, chairman, EFCC, that the quest for bribes by the agency’s investigators had become “too embarrassing”. Olukoyede had disclosed this in his new-year address to the staff of the commission on January 18. Ajulo, however, said the president…

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Supreme Court Affirms Governor Abiodun’s Election

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Olasunmibo Aboluwade, Abuja  The Supreme Court has affirmed the election of Governor Adedapo Abiodun of Ogun State. A five-member panel of the court, in a unanimous judgment a moment ago, dismissed the appeal by Oladipupo Adebutu, who was the candidate of the Peoples Democratic Party (PDP) in the last governorship election in Ogun State. Justice Tijjani Abubakar, who read the lead judgment, held that Adebutu and his party failed to prove their case. Justice Abubakar resolved all the issues raised for determination against the appellants and held that the appeal…

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Delta Governorship: Supreme Court Dismisses Omo-Agege’s Suit Against Oborevwori

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Olasunmibo Aboluwade, Abuja The Supreme Court on Friday, dismissed the suit filed by Senator Ovie Omo-Agege’s against the election of Governor Sheriff Oborevwori of Delta State Omo-Agege, a former deputy Senate President, was the candidate of the All Progressives Congress in the 2023 Governorship Election in Delta State. He had gone to Court to challenge the electoral victory of the incumbent Governor who was the candidate of the Peoples Democratic Party. Details later……

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Foreigner Owns Explosives That Killed 2 Ibadan Residents, Injured 77 – Source

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…As Governor Makinde Talks Tough  Olasunmibo Aboluwade, Abuja  A Nigerian, (names witheld) has alleged that a foreigner, from Mali, owns the registered company which procured the explosives that rocked Ibadan, the Oyo State capital on Tuesday which killeld two people and injured 77 others. Oyo State Governor, ‘Seyi Makinde, has confirmed  that two people were killed while 77 others were injured in the explosion. The governor made the disclosure in a post on his X account in the early hours of Wednesday He said the illegal miners operating in the…

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Tension As Explosion Rocks Ibadan

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…Government Appeals For Calm Iseoluwa Ajoke, Ibadan Residents of Ibadan were thrown into panic on Tuesday evening following multiple explosions that rocked the largest city in West Africa. The cause of the explosion was not known as of the time of filing this report but the state government has urged residents to remain calm. The Commissioner for Information in the state, Prince Dotun Oyelade, in a statement, assured the people that the government was on top of the situation. Part of the statement read, “Residents of Ibadan and immediate environ…

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Tinubu Suspends SIP As Corruption Scandal Rocks Agency 

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Olasunmibo Aboluwade, Abuja President Bola Tinubu has suspended all programmes being administered by the National Social Investment Programme Agency (NSIPA). This is contained in a statement by the Director of Information in the office to Secretary to the Government of the Federation, Segun Imohiosen, and made available to journalists in Abuja on Friday. The statement explained that the action was in light of the ongoing investigation of alleged malfeasance in the management of the agency and its programmes. He  said all four  programmes administered by NSIPA which included the N-…

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