Author: Platform Times Newspaper

 A dispatch rider, Monday Osazuwa, has alleged before a Lagos High Court sitting in Ikeja that former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, directed him not to maintain any records of substantial funds collected on Emefiele’s behalf. Osazuwa, the first prosecution witness in Emefiele’s ongoing trial, made the statement on Monday as he took the witness stand again following an application granted by Justice Rahman Oshodi for his recall. Emefiele is facing charges of abuse of office and money laundering involving $4.5 billion and N2.8 billion, an amount alleged to have been embezzled during his tenure at the…

The Central Bank of Nigeria (CBN) has signed a landmark agreement with the International Finance Corporation (IFC), a member of the World Bank Group to strengthen naira . This partnership is expected to significantly boost local currency financing and reduce exposure to foreign exchange risks for Nigerian businesses. According to a joint statement from the CBN and IFC, the agreement aims to support Nigerian businesses across various critical sectors, including agriculture, housing, infrastructure, energy, small and medium-sized enterprises (SMEs), and the creative industry. The initiative will enable IFC to manage currency risks effectively and deepen its financial commitments within Nigeria,…

Daud Olatunji Twelve schools across Ogun State have been selected to receive capital projects worth a total of N6 billion under the 2024 federal budget, with each school set to receive a new block of classrooms valued at N500 million. PLATFORM TIMES reports that data obtained from Tracka, titled “Tracking 2024 FG Consolidated Capital Projects in Ogun,” aims to enhance educational infrastructure across several key regions in the state, including Abeokuta, Ijebu, Odogbolu, and Sagamu. The selected schools include prominent institutions such as St. Peter’s College (Junior) in Olomore, Abeokuta Grammar School (Junior) in Idi-Aba, and Methodist High School (Junior)…

The Senate Committee on Banking, Insurance, and other Financial Institutions has praised the Nigeria Deposit Insurance Corporation (NDIC) for its efforts in managing the liquidation of Heritage Bank and increasing deposit insurance coverage, steps seen as crucial for strengthening Nigeria’s financial safety net. This commendation was given on Saturday by Senator Adetokunbo Abiru, Chairman of the committee, during the Stakeholders Retreat of the Senate Committee, held in Lagos. The event, themed “Building Resilient Financial Systems through Effective Legislative Interventions,” focused on discussing NDIC’s role in stabilizing the financial sector amid emerging economic challenges. The Central Bank of Nigeria (CBN)…

Fawaz Adebisi Reporters of Platform Times, Fawaz Adebisi and Ayomide Awe shone on Thursday, at the 32nd Anniversary of the Press Club of Moshood Abiola Polytechnic, MAPOLY, PCM. During the event, the reporters received prestigious awards for their hard work and contributions to the club. While Adebisi received the Campus Journalist of the year award, Awe received the Rookie Reporter award of the year. Gracing the event as panelists and special guests, in attendance were the Editor and publisher of Platform Times, Daud Olatunji, Public Relations practitioner and freelance journalist, Nurudeen Salako, Senior Correspondent at Punch And investigative journalist, Sodiq…

YOUR Excellency, Otunba Gbenga Daniel, Senator, Ogun East Senatorial District, NASS 25th October, 2024 I bring you warm greetings from myself, my family and the ENTIRE NIGERIANS AND DISAPORANS on whose behalf I make this passionate appeal, which, by your person I know, will receive positive attention for God and humanity. I choose to address you as YOUR EXCELLENCY over the sufficing Prefix of Distinguished Senator because of an experience I once had of your testament which I shared with you. It’s worth repeating here. A group of very Senior Citizens of Ogun Waterside at the Ilaje speaking area told…

Daud Olatunji Former Ogun State Governor, Ibikunle Amosun, on Sunday shared a startling account of his birth at the 25th remembrance prayer for his late mother, Alhaja Rafatu Alake Mojibola Sanusi-Amosun, held at the Amosun family residence in Abeokuta. The event marked two and a half decades since her passing on October 27, 1999, with a gathering of Islamic scholars and family members who offered prayers for her soul. In an interview, Amosun emphasized the importance of honoring one’s parents even after their passing, a principle he said is supported by both the Quran and the Bible. “Beyond respecting our…

As the world marks Occupational Therapy Day, experts are urging the federal government to establish more medical rehabilitation centers across Nigeria to enhance the abilities of individuals with disabilities. This call was made during a discussion on Sunday by a trio of specialists in the field, including Wahab Adisa, Akinboyowa Akinkunle, and Efunsanmi Temitayo. Wahab Adisa emphasized the need for increased recruitment of occupational therapists within both federal and state government services. He pointed out that these professionals play a crucial role in assisting individuals facing various medical challenges, including conditions like Down Syndrome and spinal cord injuries. Adisa noted,…

The continued freedom of former Kogi State Governor, Yahaya Bello, despite being declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged financial crimes, remains a source of contention. Presidential spokesman, Bayo Onanuga, has shed light on the legal complexities preventing security agencies from aiding the EFCC in apprehending the former governor. Onanuga, who discussed the issue during the Sunday edition of Inside Sources on Channels Television, explained that the legal immunity enjoyed by Bello’s successor, Governor Usman Ododo, has created a barrier to his arrest. “The EFCC is an agency of the Federal Government, and it wants…

 In a sudden move citing security concerns, the Owerri Division of the Court of Appeal has announced a temporary closure from Monday, October 28 to Friday, November 1, 2024. This decision comes as a precautionary measure and affects lawyers, litigants, and other court visitors who had scheduled hearings during the week. The court’s management issued a press release, signed by the Deputy Chief Registrar, informing the public of this unexpected suspension. “Despite the fact that we have issued a HEARING Notice against 28th of October to 1st November, we are compelled by some security concerns to postpone the sitting this…