The lawmakers also accused the NDDC of refusal to submit its performance budget since 2018. A forensic audit is ongoing in the NDDC after the commission squandered N40bn in three months. The NDDC was also involved in the spending of N5bn for the procurement of Personal Protective Equipment for health workers and provision of community-based sensitisation campaign against the spread ... Read More »

Another corrupt activity involving Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has been exposed.   In this latest expose, Obasa and his protocol officer, a lady alleged to be his mistress, took over the responsibility of the House Committee on Services charged with welfare of members of the Assembly by approving N40,500,000 for feeding of less than 40 ... Read More »

… Demand a new deal in and for Africa ..Advocate speedy implementation of AFCFTA …  Call for Increased Investment in Digital Connectivity United Bank for Africa (UBA) celebrated Africa Day 2020, by bringing together global leaders at the 2nd UBA Africa Day Conversations, screened live across the continent.  UBA helps set the debate around African economic development through its series ... Read More »

Banking in confidence as well as in convenience is what every financial institution strives to give to its customers. They want their customers to know that the word ‘bank’ is beyond a physical structure, and with the right innovation, what they can do is limitless.   The ultimate goal here is to bring banking to the fingertips of customers and ... Read More »

President Muhammadu Buhari has congratulated the Soun of Ogbomosho, Oba Oladunni Oyewumi, Ajagungbade III, for clocking 94. The President, in his message, noted the almost five decades of the royal father’s reign had been marked by peace and prosperity, which had rubbed off on all his subjects, indigenes and settlers alike. President Buhari, in a statement issued by his Special ... Read More »

The Independent National Electoral Commission says it will work towards the full introduction of electronic voting in major elections starting from 2021. INEC disclosed this in a document released on Monday in Abuja, which was tagged, “Policy on Conducting Elections in the Context of the Covid-19 Pandemic”, and signed by its Chairman, Prof Mahmood Yakubu. The electoral umpire decried the ... Read More »

…Global co-operation needed to stem global depression Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations between governments and the private sector as a panacea for the quick recovery of the economy of the African continent post Covid-19. The leaders which included the President of Liberia, H.E George ... Read More »

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honoring entities that regularly identify new paths and design new tools in finance.  Categories in the award include Top Innovations in Corporate Finance, Payments, Trade Finance, Cash Management, Islamic Finance, with Winners selected from different regions of ... Read More »

The Nigeria Centre for Disease Control (NCDC) on Monday night confirmed 229 new cases of Coronavirus in Nigeria. According to NCDC, 90 cases were recorded in Lagos State, 27 in Katsina State, 26 in Imo State, 23 in Kano and 14 in the Federal Capital Territory. The tweet further revealed that 12 cases were confirmed in Plateau State, nine in ... Read More »

Fomer Chief Judge of Anambra State  Prof. Peter Nnanna C. Umeadi and a Senior Advocate of Nigeria, Louis Alozie have praised President Muhammadu Buhari for signing Executive Order No.  10 of  2020 which grants financial autonomy  to states legislature. In a tweet on his Twitter handle Prof. Umeadi, now a chieftain of All Progressives Grand Alliance (APGA) said: “With humility, ... Read More »