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Alarming data has emerged on the escalating levels of fraud within Nigeria’s deposit money banks, as the second quarter of 2023 bears witness to a 276.98% surge in financial losses amounting to N9.75 billion.  This disconcerting revelation has prompted concerns over the robustness of the banking sector’s risk management practices and accountability measures. The recently released report by the Financial Institutions Training Centre (FITC), which delves into Fraud and Forgeries in Nigerian banks for Q2’23, sheds light on a disturbing trend.  The surge in fraud-related incidents also coincided with a significant 6.96% drop in reported cases, from…

The National Assembly Elections Petition Tribunal, sitting in Lagos, has rendered a groundbreaking verdict, overturning the victory of Seyi Sowunmi, the Labour Party (LP) candidate who was initially declared the House of Representatives member for Ojo Federal Constituency in Lagos State.  The tribunal ruled in favor of Lanre Ogunyemi, the candidate of the All Progressives Congress (APC), establishing him as the rightful winner of the election held on February 25, 2023. Chaired by Justice Abdullahi Ozegya, the three-member panel, which also comprised Justice Ashu Ewah and Justice Muhammad Sambo, found merit in the challenge posed by Ogunyemi.  …

The Ondo State Government has stepped in to overturn the directive issued by the Deji of Akure, Oba Aladetoyinbo Aladelusi, to close markets in observance of the upcoming Aheregbe Festival.  The government has deemed the order as a violation of residents’ fundamental human rights and an overreach by the monarch. Oba Aladelusi, through his media aide, had originally mandated the closure of markets as part of the preparations for the annual Aheregbe Festival, scheduled for Friday.  However, the government expressed concern over this decision, arguing that it infringed on the freedom of the community’s inhabitants. In…

President Bola  Tinubu has expressed his stance that he lacks the authority to mandate state governors on the allocation of distribution of palliatives provided by the Federal Government to alleviate the impacts of fuel subsidy removal.  This statement came as a response to appeals from Islamic scholars urging the Federal Government to oversee the allocation of palliatives to states. President Tinubu, while acknowledging the concerns raised by Islamic scholars, underscored the importance of local governance and proximity to the populace.  He added that in a move to respect the autonomy of state governments,it is not within his…

In a tragic incident that unfolded on Wednesday, a soldier lost his life while on escort duty as armed robbers unleashed a deadly attack on a patrol van near the intersection of First Eastern Circular and Akpakpaba Roads in Benin City.  The Edo Police Command has confirmed the distressing event, highlighting the audacity of the robbers in looting “Ghana Must Go” bags believed to contain a substantial amount of cash. The ill-fated patrol van was accompanying another vehicle laden with these telltale “Ghana Must Go” bags, which had aroused suspicions of carrying significant monetary value.  The Edo…

The Governor of Ogun State,Dapo Abiodun, has called upon the Police Officer’s Wives Association (POWA) to empower themselves with medical knowledge aimed at tending to the health needs of their members and their spouses.  In an address delivered at the Governor’s office in Oke-Mosan, Abeokuta, during a reception for the wife of the 22nd Inspector General of Police and POWA members,  Abiodun stressed the importance of foundational health awareness, encompassing blood pressure monitoring, general health assessments, and regular medical check-ups.  These measures, he emphasized, are vital for safeguarding the wellbeing of both members and their significant others.…

Fawaz Adebisi The Nigerian Telecommunications Commission has revealed that Nigeria has been rated seventh in terms of mobile phone usage worldwide. This was disclosed during the inauguration of the two-day Emerging Technology Forum for the Telecommunications Industry on Thursday in Abuja, adding that the country rated 11th in terms of Internet penetration globally. Representing the Executive Vice Chairman, Prof Umar Danbatta, Abraham Oshadami highlighted the NRI team’s global data, underscoring the imperative of digital transformation to maximize the societal and economic benefits of the digital era. This evaluation encompassed aspects such as technology (infrastructure), governance, people, and effect across 131…

Fawaz Adebisi In a swift response to a media report suggesting that the Chief of Staff to the Kaduna State Governor, Mohammed Sani Kila, was confronted by a local hotel management over an alleged unpaid bill, the Kaduna State Government has vehemently refuted the claims.  In an official statement titled “The Rash of Mischiefs against Sani Kila, Chief of Staff to HE Governor Uba Sani,” the state government labeled the story as “false, misleading, and mischievous.” Issued by Ibrahim Aliyu Giwa from the Office of the Chief of Staff to the Kaduna Governor, the statement identified the author of…

By Onomiguren Agbamu The newly sworn-in commissioner for Environment, Delta State, Mr. Jamani Tommy Ejiro has urged the management staff and staff of the ministry, to work as a team to succeed in their various assignments. The commissioner who expressed readiness gave them the directive on Wednesday, August 23rd, 2023 when he resumed office in Asaba. Addressing journalists at his office, he said the staff is ready and prepared to work, “We have agreed to work together as a team for the actualization of the MORE agenda of the state governor to advance Deltans. He added that “as a young…

By Onomiguren Agbamu A Commissioner Representing Isoko Ethic Nationality in the Delta State Oil Producing Area Development Commission (DESOPADEC) and Youth Leader of Peoples Democratic Party,(PDP) Delta state, Hon. Chief Victor Okemena has charged the newly sworn-in Commissioners in the state to be humble, committed and remain steadfast in the discharge of their duty and to the party. The Hon. Commissioner gave the charge during an interview with journalists immediately after the inauguration ceremony of the newly sworn-in Commissioners in the state. He said, “The inclusion of youths in the cabinet is a result of hard work and dedication, adding…