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)…
Author: Platform Times Newspaper
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…
A cemetery worker and two other accomplices have been apprehended with five human skulls in the Agege Local Government Area of Lagos State. The suspects were apprehended on Sunday by local security operatives in the Murikaz area of the cemetery near the Murikaz area. When journalists visited the Isokoko Police Station, where the suspects were taken, the police confirmed the incident and pledged to be on the trail of other suspects, still at large, to bring them to justice. A police officer at the station, who spoke under anonymity, said the case would be transferred to the State Investigation Department…
The National Drug Law Enforcement Agency (NDLEA) says the operatives intercepted 26,250,000 pills of tramadol and 508,400 bottles of codeine-based syrup at the Tincan port, Lagos and Port Harcourt, The National Drug Law Enforcement Agency (NDLEA) says the operatives intercepted 26,250,000 pills of tramadol and 508,400 bottles of codeine-based syrup at the Tincan port, Lagos and Port Harcourt, Port Onne, Rivers state. A statement by the NDLEA spokesman, Femi Babafemi, on Sunday in Abuja said the drugs intercepted by operatives were worth N16.6 billion in street value. He said they were recovered during a 100 per cent joint examination of…
The Lagos State House of Assembly says elections will not be conducted in the 37 local council development areas (LCDAs) in 2025. The chairman, House Committee on Local Government, Chieftaincy Affairs and Rural Development, Okanlawon Sanni, said this in an interview with journalists in Lagos on Sunday. LG elections will hold in the state in 2025. Mr Sanni, representing Kosofe Constituency II, said elections into the 37 LCDAs would only be conducted if they were listed through a constitutional amendment by the National Assembly. He explained that this was due to the recent Supreme Court judgment granting autonomy to the…
