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Facts & figure, full implications of New CBN policy..

When you make a deposit N500,000 in your account, CBN will take 2% which is N10,000 and Your balance will be N490,000 If you withdraw the whole N500,000 the owners of Aso Rock and CBN will take 3% N15,000. Add the deposit percentage (2%) + withdrawal percentage (3%) = N10,000 + N15,000 = N25,000. This new charges is applicable in ...

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Billionaire, Femi Otedola, Takes Over Full Medical Expenses Of Majek Fashek In London

Billionaire business mogul and father of DJ Cuppy, Femi Otedola has taken over the medical expenses of terribly sick, Nigerian Reggae veteran, Majek Fashek at a London hospital. Meanwhile, his manager, Uzoma Day Omenka has revealed Femi Otedola’s decision to take over the full medical expenses of Majek Fashek which has been reported to be worth millions of naira. It ...

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Political Consiltants award Ethiopian PM, Tinubu on African democracy

Association of Political Consultants – (APC) Africa, a body peopled by top political consultants from across the continent have awarded Ethiopian Prime Minister Abiy Ahmed and the National Stalwart of Nigeria’s ruling All Progressives Congress (APC) Asiwaju Bola Tinubu  with African Democracy Award for their efforts to grow democracy and good governance on the continent. The award was conferred on ...

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Stolen N400m: Ex-GOC faces court martial in wheelchair

Former General Officer Commanding (GOC) 8 Division, Sokoto, Maj.-Gen. Hakeem Otiki is being tried over alleged disappearance of N400 million. The Court Martial inaugurated by the Army on Tuesday to trial him, commenced sitting at the Army Headquarters Officers Mess, Asokoro, Abuja. It was presided over by Lt. Gen. Lamidi Adeosun,  the Chief of Policy and Plans, Army Headquarters.Gen. Otiki ...

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Osinbajo denies rift with Buhari, insiders reveals plot to decimate him

There indications that spanner may have been thrown into the wheel of smooth relationship between  Vice President Yemi Osinbajo & President Muhammadu Buhari, in preparations by political hawks ahead 2023. But Osinbajo denied any rift in the Presidency. He said agencies under his supervision are acting constitutionally. Prof. Osinbajo has been more than just a number two; he has been ...

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Buhari Dissolves Anti-corruption Body formed by Osinbajo

President Muhammadu Buhari on Tuesday dissolved the Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) as currently constituted with Mr. Okoi Obono-Obla as Chairman. A statement sent to newsmen on Tuesday by Femi Adesina, Spokesperson to the president, said that “The Attorney-General of the Federation and Minister of Justice has been directed to immediately take over all ...

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Gunmen kidnap SAN, others in Delta, demand N15m

A Senior Advocate of Nigeria, Mr Chike Onyemenam, has been abducted at the Utulu junction on the Benin-Asaba Expressway near the Meta City housing estate, Issele-Azagba, Delta State. Onyemenam was abducted on Monday alongside a lawyer, who accompanied him to the site of his property along the expressway. A family member, who confirmed the abduction to our correspondent, said that ...

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EFCC invites ex-AGF Adoke, says, he lied against Osinbajo

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has expressed dismay over allegations by a former Minister of Justice and Attorney-General of the Federation, Mohammed Adoke, that Vice-President Yemi Osinbajo was using the commission to persecute him. Magu described the allegations contained in Adoke’s book as nothing but a marketing gimmick to promote the book. The ...

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Mailafia alleged : ” l was told to join APC, to be forgiven”

The presidential candidate of African Democratic Congress in the 2019 election and former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, on Tuesday said he was told  to join the All Progressives Congress so that he could be forgiven of an offence he did not commit. Mailafia said, “Just before the elections, there were pressures on me ...

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817 Nigerians waiting for evacuation, many still trapped in S/Africa

Nigerian High Commission in South Africa, Godwin Adama, has said the number of those who had registered  for evacuation had increased to 1,004. Last week, the Federal Government had said 604 registered   for evacuation. No fewer than 320 were supposed to be evacuated on Tuesday, but the exercise was delayed because South Africa initially did not grant an Air Peace ...

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