The visitation panel to the Taraba State University, yesterday, said it uncovered financial infractions to the tune of N3.5bn in the university. The chairman of the panel, Prof. Josiah Sabo-Kente, who addressed journalists in Jalingo yesterday, the university operated a poor accounting system since its inception in 2008. He added that the univ...
The Central Bank of Nigeria has instructed all bank customers to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank account (s). The apex bank had in a circular on December 1st 2023, directed that banks should place restrictions on all Tier 1 bank accounts without BVN, reports Vanguard. Tier [&hell...
•Muritala Muhammed International Airport, Lagos The Federal High Court sitting in Lagos has ordered the Federal Airports Authority of Nigeria (FAAN) to show the total annual generated revenue from toll gates and parking lots fees in all federal government-owned airports and how much it remitted from January 2015 till January 2024. Justice Ibra...
•Julius Abure The suspended National Treasurer of the Labour Party, Ms Oluchi Oparah, has challenged the party’s National Chairman, Julius Abure, to give an account of the donations received from Nigerians in the Diaspora during the campaign tour of LP presidential candidate, Peter Obi, in the United States. It was earlier reported that the na...
•Peter Obi The Labour Party presidential candidate for the 2023 general elections, Peter Obi, today said the party will give a transparent account of funds realised during the campaign process. Obi stated this during a press conference in Abuja today, amid the fresh crisis that has rocked the party over sales of forms and other […]
•CBN Governor Yemi Cardoso Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed. Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. It revealed this in a new ‘Guidelines on Operations of...