Author: Platform Times Newspaper

The Department of State Services (DSS) has taken into custody the Deputy Governor of the Central Bank of Nigeria responsible for Financial System Stability, Aisha Ahmad, amid an investigation into alleged fraudulent share acquisitions involving Polaris Bank, Titan Bank, and Union Bank. According to reports from NTA via their Twitter account, the detention is linked to Ahmad’s role in the acquisition of shares in the mentioned banks and the origin of the $300 million required to complete the Union Bank acquisition by Titan Bank. Aisha Ahmad assumed the role of Deputy CBN Governor on October 6, 2017, succeeding Sarah Alade,…

Former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo, has painted a sobering picture of Africa’s largest economy, calling for immediate reforms to address its deteriorating condition.  Lemo emphasized that managing Nigeria’s economy in its current state is no easy task, as he highlighted several concerning issues such as a depreciating local currency, GDP growth below population growth, high inflation at 24%, soaring unemployment, dwindling foreign exchange reserves, and a substantial national debt burden. Speaking at a breakfast event hosted by the Lagos Business School, the former CBN Chief outlined crucial steps needed to reverse this economic decline.…

Rivers State Governor, Siminalayi Fubara, has taken decisive actions following the tragic murder of SP Bako Angbashim, the Ahoada Divisional Police Officer (DPO). Governor Fubara announced a N100 million bounty on the head of Gift David Okpara Okpolowu, commonly known as “2-Baba,” the prime suspect behind the heinous crime.  In addition, he indefinitely suspended the traditional ruler of Ahoada, His Majesty, Eze Cassidy Ikegbidi Eze Igbu Akoh II, for alleged complicity in allowing criminal activities to thrive in his territory. The governor’s stern measures come in the wake of the shocking incident where SP Bako and his team fell into…

The Minister of Education, Prof Tahir Mamman, has affirmed President Bola Ahmed Tinubu’s administration’s unwavering commitment to addressing the pressing issue of out-of-school children in Nigeria, emphasizing the president’s determination to eradicate illiteracy nationwide. Prof Mamman made these remarks in Abuja during an event commemorating International Literacy Day, themed “Promoting literacy for a world in transition: Building the foundation for sustainable and peaceful societies.” Highlighting the gravity of the problem, he disclosed that the challenge of adult illiteracy and the staggering number of out-of-school children rank among the top eight priorities discussed and resolved upon during the latest executive meeting.…

In a startling revelation, controversial entertainer Kemi Olunloyo has raised concerns about potential drug trafficking activities involving a member of superstar singer Davido’s music group and his family’s private jet. Olunloyo, known for her outspoken nature, took to social media to make these startling allegations. According to her posts on the micro-blogging platform, X, Olunloyo claims that certain members of Davido’s crew have been involved in drug transportation using the Adeleke family’s private jet.  “This accusation has ignited a new controversy surrounding the singer and his associates.” In her tweets, Olunloyo not only exposed these allegations but also voiced her…

The Transmission Company of Nigeria (TCN) has released data revealing a total of 46 grid collapses that occurred in the country between 2017 and 2022.  While this information underscores the challenges faced by Nigeria’s power grid during this period, the TCN also emphasizes a noteworthy reduction in the frequency of such incidents over the years. Notably, the TCN recently celebrated an impressive milestone, announcing that the nation had experienced 400 consecutive days without any grid collapse.  This achievement marked 13.3 months of uninterrupted stability in the Nigerian power grid. Examining the historical data, it is evident that grid collapses have…

Dr. Sherif Lawal, a United Nations Peace Ambassador, has issued a fervent appeal to politicians and public office holders in Nigeria, urging them to provide essential support and financial backing to the Nigeria Police Force.  The call for assistance comes as part of an initiative to combat security challenges and foster a climate of peace and safety within the nation. Dr. Lawal emphasized the critical role that the Nigeria Police Force plays in maintaining law and order and safeguarding the lives and property of citizens.  He stressed that, in order to enhance their capabilities and effectiveness, it is incumbent upon…

A disturbing incident unfolded in Edo State, resulting in the arrest of a 21-year-old man, Salami Anedu, for the alleged killing of his wife during a heated argument over food.  This shocking episode underscores the devastating consequences of a domestic dispute gone terribly wrong. The arrest of Salami Anedu came to light as he was paraded alongside other individuals apprehended for their alleged involvement in various criminal activities within the state. The Edo State Police Command’s spokesperson, SP Chidi Nwanbuzor, shared details of the unfortunate incident that transpired on August 30. According to SP Nwanbuzor, the genesis of this tragic…

In a heart-pounding incident at the Murtala Muhammed International Airport in Lagos, an aircraft belonging to United Nigerian Airline, bearing registration number 5NBWY, skidded off the runway during a treacherous landing attempt in heavy rainfall.  The harrowing episode unfolded on a Friday evening, with 55 souls onboard, including 51 passengers and four dedicated crew members. The aircraft’s hair-raising ordeal began at approximately 6:48 p.m. as it battled adverse weather conditions while attempting to touch down.  Witnesses described the runway excursion as a white-knuckle moment, leaving those onboard undoubtedly shaken. A confidential source, who preferred not to be identified, disclosed that…

In a recent development, the Nigeria Security and Civil Defence Corps (NSCDC) has issued a stern warning regarding the proliferation of fake and invalid employment letters currently circulating within the country.  The NSCDC has raised concerns over the increasing number of fraudulent schemes targeting desperate job seekers and has cautioned the public to exercise vigilance to avoid falling victim to these unscrupulous individuals. According to a statement released by the NSCDC’s Public Relations Officer, Babawale Afolabi, the Corps has received numerous complaints from individuals who, in their pursuit of employment opportunities, have parted with their hard-earned money.  These victims have…