Justice James Omotosho of the Federal High Court in Abuja on Thursday fixed February 5 and 5 for continuation of hearing in the charges brought against Ali Bello and others by the Economic and Financial Crimes Commission EFCC. The charge marked FHC/ABJ/CR/550/2022: FRN v. Ali Bello & others was pushed forward to February 5 and…
Borno State Governor, Babagana Umara Zulum, has assented to the 2024 appropriation bill of N358,732,146,000.00 passed by Borno State House of Assembly with an adjustment amounting to N18.1b. With the increase in the budget size, the revised capital expenditure now stands at over N208.4b while the revised recurrent expenditure is N150.4b. The revised appropriation bill…
….Says he will keep praising God for His goodness Osun State Governor, Ademola Adeleke has urged religious leaders to always preach against fake news as it can set the nation on fire. The Governor made the plea on Wednesday in Osogbo while hosting members of the Ilesa Methodist Church Dioceses, who came on annual intercessory…
The Central Bank of Nigeria, in the early hours of Thursday, appointed Hassan Imam as the new Chief Executive Officer and Managing Director of Keystone Bank. Imam takes over leadership of the commercial bank from Olaniran Olayinka, who served as CEO from March 2020 until the CBN dissolved the boards of Keystone Bank and two…
Barely hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements, the financial regulatory body appointed new executive directors to oversee the affairs of the deposit money banks. A statement by the acting…
A female marketing employee of a bank in Ikorodu, Lagos State, has committed suicide. The deceased, 32-year-old Amarachi Ugochukwu, was said to have drunk an insecticide. SAHEL STANDARD learnt that the incident happened on Monday within the premises of the bank. Ugochukwu had around 1pm made her way into the restroom, where she drank the…
The Executive Governor of Osun State, Senator (Dr) Ademola Adeleke, has congratulated Comrade Christopher Abimbola Arapasopo, on his election as the Chairman of the Osun State Chapter of the Nigerian Labour Congress (NLC). Speaking through a statement issued by his spokesperson, Mallam Olawale Rasheed, Adeleke charged Comrade Arapasopo to consider his election as a crucial…
A Chief Magistrates’ Court in Kano State, on Wednesday, ordered the remand of an 18-year-old man, Yusuf Haruna, in a correctional centre for allegedly stabbing an Imam, Sani Mohammed, to death. The defendant, who lives in Tudun Nufawa Quarters, Kano, was charged with culpable homicide. The prosecutor, Mrs Fatima Ado-Ahmad, told the court that Musa…
Chevron Nigeria Limited has appointed a new Chairman and Managing Director, Jim Swartz. This was contained in statement made available to The PUNCH on Wednesday by the firm’s General Manager, Policy, Government and Public Affairs Esimaje Brikinn. According to the statement, Swartz was appointed “as the Chairman and Managing Director of Chevron Nigeria/Mid-Africa Business Unit,…
The Central Bank of Nigeria has, with immediate effect, sacked the entire Board of Directors of Polaris, Titan, Union and Keystone Banks. CBN sources say the decision was taken in a meeting led by the apex bank’s governor, Yemi Cardoso, on Wednesday in Abuja. The source, who spoke on condition of anonymity, hinted that an…
