Friday 22 December 2023

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Emefiele, others stole billions, illegally kept Nigeria's funds in foreign banks – CBN Investigator


The CBN Special Investigator recommends the prosecution of Mr Emefiele and at least 13 others, including his deputy governors, for alleged gross financial offences. Read More

British court dismisses P&ID $11 billion damages against Nigeria


P&ID had little or nothing to show as track record of work executed in the gas sector to merit a project of that scale.

Nigerian military kills 40 terrorists, apprehends 259 others


The DHQ said the armed forces conducted synchronised strikes between the ground and air forces on terrorist enclaves and hideouts in the last week.

Senate confirms appointment of 11 new Supreme Court justices


With the confirmation, the Supreme Court now has its full complement of 21 justices as mandated by law.

Most Recent Stories

Reps launch fresh probe of Nigeria Air despite bribery allegation against former panel


Mr Sirika had in June accused the former chairman of the House Committee on Aviation, of demanding five per cent shares of the national carrier from him. Read More

Senate extends implementation of 2023 supplementary budget by three months


The Senate extended the life of the budget to enable MDAs that received allocation in the budget to complete the execution of their projects before starting new ones.

Successes, challenges of military operations across Nigeria in 2023


Through various operations, the military and other security agencies have stepped up efforts to make Nigeria safer for all.

Supreme Court reserves judgement on Kano governorship appeal


A five-member panel of the Supreme Court adjourned the appeal on the dispute over the Kano State governorship election for judgement after taking strenuous arguments from lawyers to the parties to the appeal.

69% of Nigeria's prison inmates awaiting trial – Official


Nigeria has over 50,000 prison inmates awaiting trial, an official said.

Annual Banking Report - Measuring Banks' Resilience
Business

Nigerian govt announces 'mechanical completion' of Port Harcourt refinery


Nigeria owns four refineries, two located in Port Harcourt and one each in Warri and Kaduna. But for many years, the refineries have been moribund despite Turn-Around-Maintenance (TAM) efforts.

Nigeria's public debt hit N87 trillion in Q3 2023


The figure shows a 0.61 percent increase from the June 2023 figure of N87.38 trillion

Editorial cartoon of the day
Arts and Entertainment

Olamide is most influential street pop artiste of his generation – Spotify


"Through his record label YBNL, Olamide has also played a pivotal role in discovering and nurturing Nigeria's brightest street pop talents."

Oluwadele: Building the strategy for running successful businesses


In this book, Dr Oluwadele demonstrates the expertise of deep accounting techniques in creating a template for business excellence.

Opinion

Induced apathy killing Nigerians softly and slowly, By Akpandem James


The perpetrators are treated as just everyday criminals. At the end of it, they might get released unconditionally following interventions from vested interests, they could escape from lawful custody or be given a gentle slap on the wrist by conniving agents within the criminal justice system. In no time, they will return to the business, either in the same location or somewhere else. It happens all the time because there are no deterrent consequences.

Kwankwaso after the Supreme Court, By Azu Ishiekwene


The battle has now entered its final phase. If the Supreme Court bucks the trend and rules in favour of Yusuf, Kwankwaso would have used one judicial stone to vanquish Shekarau and Ganduje, two of his most potent and longstanding enemies. If, on the other hand, the Supreme Court upholds the ruling of the lower courts, Kwankwaso's decline will start in earnest, sucking his cult and scattering his sheepfold.

Sports

World Basketball Day: BALL Africa leads celebration in Lagos


The United Nations General Assembly's approval of 21 December as World Basketball Day encourages global participation in celebrating the sport's positive impact.

UEFA, FIFA cannot stop Super League formation, Europe's highest court rules


The ECJ declared that both FIFA and UEFA cannot stop the formation of new competitions, even though the ruling did not declare that the ESL can now be formed.

Dubawa

Fact-checking claims on 'fake and genuine' Malta Guinness cans, rumoured police invasion of Lagos factory


Verdict: Misleading! The pictures being recirculated are from 2018. Also, the company in question addressed the issue of the difference in the can designs in a 2017 press release and a recent statement.

Health

WHO prequalifies second malaria vaccine


In October, WHO recommended its use for the prevention of malaria in children.

2024 Budget: Nigeria increases immunisation fund but yet to release 2023 allocation


Despite this encouraging initiative by the new administration, the funds earmarked for 2023 are yet to be released.

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