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Monthly Archives: May 2018

Money laundering: CBN goes hard on banks

• Non-compliant bank’s Boards may be removed The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks and their staff who fail to comply with anti-money laundering and terrorist financing regulations. The new rule, signed by CBN Director, Financial Policy and Regulations, Kelvin Amugo, requires ... Read More »

Buhari congratulates Fayemi for winning APC Guber ticket

President Muhammadu Buhari has congratulated former Governor of Ekiti State and Minister of Mines and Solid Minerals, Kayode Fayemi, for winning the All Progressives Congress ( APC ) ticket to contest the July 14, 2018 governorship elections. In a statement by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu in Abuja on Sunday, President Buhari commendd all ... Read More »

NAFDAC reopens Emzor Pharmaceutical firm

•Firm gives police details on absconded worker      •’We assure Nigerians of quality products’ Emzor Pharmaceutical Industries Limited has been reopened by the National Agency for Food and Drug Administration and Control (NAFDAC). The firm also stated that it had submitted to the police information about its absconded worker that was featured in the British Broadcasting Corporation (BBC) documentary, ... Read More »

Man arraigned over alleged disruption of Ekiti APC gov primary

The police on Wednesday arraigned a 50-year-old man, ‎Ojo Olakunle, before an Ado-Ekiti Chief Magistrate Court for allegedly disrupting the Ekiti APC governorship primary. Olakunle, whose address was not provided, is facing three counts of destruction of ballot box, interference with the ballot box and acting in disorderly manner. The Police Prosecutor, SP. Femi Falade, told the court that the ... Read More »

Senate passes vote of no confidence on IGP

The senate on Wednesday passed a vote of no confidence on the Inspector General of Police  (IGP), Ibrahim Idris The resolution to pass a vote of no confidence on the IGP followed the refusal of the police boss to appear before the Senate to brief it on security matters. The senate further declared IGP as enemy of democracy “who is ... Read More »

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