Bank Crisis: How CBN Directive, CEOs’ Scheming Propel Mass Sack – The Guardian
November 29, 2009 by tim · Comments Off
Federal Government’s directive to the Central Bank of Nigeria (CBN) to stem the wave of mass sack in banks, a contrary order by the apex bank’s management is brewing trouble in most of the financial institutions.
Jonathan Not Under Pressure – Thisday
November 29, 2009 by tim · Comments Off
Vice President Goodluck Jonathan has described as completely false a newspaper report yesterday that he was under immense pressure to resign over the health of President Umar Musa Yar’Adua.
Speaking through his Special Assistant on Media and Publicity Mr. Ima Niboro, the vice president said the story was designed to create unnecessary panic and tension in the country.
ANAMBRA 2010 : Signs Ominous, Says Achebe – The Guardian
November 29, 2009 by tim · Comments Off
Barely two months and a week to the February 6, 2010 governorship election in Anambra State, all does not seem well for the exercise that may shape the outcome of the 2011 general elections in the country.
Akingbola, ex-directors in fresh trouble over N50b loans, bonuses – The Nation
November 29, 2009 by tim · Comments Off
The ex-Executive Vice-Chairman of Intercontinental Bank, Mr. Erastus Akingbola, and five directors are in fresh trouble following new discovery of about N50billion worth of strange bonuses and loans.
It was also learnt that judges’ vacation is delaying the extradition of Akingbola.
Yar’Adua’s Okay, Vice President Assures Nigerians – Thisday
November 28, 2009 by tim · Comments Off
Vice President Goodluck Jonathan yesterday assured Nigerians that President Umar Yar’Adua who is currently receiving treatment at the King Faisal Specialist Hospital and Research Centre, Jeddah, Saudi Arabia for a heart condition, is doing fine and responding well to treatment.
66 -Year- Old Kidnapped Businessman Found Dead – Thisday
A 66 year old business man and a father of four, Nze Jerome Atusiaka, has been found dead and buried in a shallow grave in an uncompleted building one month after his kidnap by unknown gunmen.
Atusiaka who was kidnapped a fortnight ago by a four man gang at Memeh /Convent Street junction in Boji Boji Owa, in Ika North East local government area of Delta State was said to have been trailed from his business premises along Lagos / Asaba road in Ika Metropolis while returning home from work with his family members.
Police Arrest Bank Official, Others Over Alleged N2.8m Fraud – The Guardian
November 28, 2009 by tim · Comments Off
An Operations Manager in a first generation bank in Minna, Niger State (names withheld) and a customer have been arrested for attempting to defraud a firm to the tune of N2.85m.
The manager, it was gathered, ordered the clearance of the cheque despite an alarm raised by the staff of the Suleja branch of the bank, which led to the withdrawal of the money from the company account.
2011: INEC to spend N11bn on allowances – The Nation
November 28, 2009 by tim · Comments Off
The Independent National Electoral Commission (INEC) is to spend a whopping N11 billion on honoraria (payment of allowances for professional services) and N7.1 billion for the printing of 2011 election ballot papers next year. Under the N4.07 trillion 2010 national budget presented to the National Assembly last week by President Umar Yar’Adua, N47.2 billion is being proposed for INEC’s expenditure.
N’Assembly uncovers fraud in MDGs, River Niger projects – The Guardian
November 27, 2009 by tim · Comments Off
The two chambers of the National Assembly yesterday resolved to check corruption in ministries, departments and agencies (MDAs) and the alleged multi-billion scam in River Niger dredging project.
Killer’ Policeman Dismissed, to Face Trial – Thisday
November 27, 2009 by tim · Comments Off
The policeman who was alleged to have killed two children in retaliation of the death of his daughter at Oni Memorial Children Hospital, Ibadan, Oyo State, has been dismissed from the force, the Oyo State Police Commissioner, Adisa Bolanta, has said. He will also face trial for misconduct.
