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Ex-bank chief, wife stole N100bn depositors’ funds —EFCC •As Akingbola’s arraignment fails to hold

THE Economic and Financial Crimes Commission (EFCC), on Wednesday, said it arrested the wife of the sacked Managing Director of PlatinumHabib Bank (PHB), Mrs Elizabeth Atuche, for allegedly colluding with her husband, Francis Atuche, to steal N100 billion depositors’ funds while the latter was in charge of the bank. Her company was said to have […]

Post-elections: Rating agency warns Nigeria over economic reforms

A renowned global rating agency, Fitch Ratings, has warned that Nigeria faces a ratings downgrade to B+ from BB- if the newly elected government fails to implement badly needed post-elections reforms to improve its outlook. Fitch’s director of sovereign and international public finance Veronica Kalema, told Reuters in a phone interview, on Wednesday, that the […]

Alhaji Umaru Musa Yar’Adua – One Year After

  Today marks one year anniversary of the death of former President Umaru Musa Yar’Adua. The Katsina-born statesman was committed to good governance. He enunciated a seven point agenda that encapsulated his administration’s policy thrust including electoral reform and resolving the Niger Delta crisis. He initiated the amnesty programme as part of efforts to find […]

Zoning: Jonathan summons Mark to Obudu •South-West bounces back to reckoning

AS part of his ongoing consultations on the formation of the next administration in line with the federal character principle enshrined in the constitution, President Goodluck Jonathan, on Wednesday invited the President of the Senate, Senator David Mark, to the Obudu Cattle Ranch in Cross River State, venue of his seven-day retreat. Sources in Abuja […]

As Imo goes to supplementary poll today

The leadership of the ruling Peoples Democratic Party, PDP, obviously took the gubernatorial polls in Imo State for granted. They believed that they had the structures, as well as completed and on_going projects executed by the present administration as their testimonial. Events have since shown that it was their biggest mistake. The opposition parties took […]

Imo polls fall-out: INEC suspends staff, drags others to court

Some staff of the Independent National Electoral Commission, INEC, serving in Imo State have been suspended from office and others charged to court for alleged complicity in the political stalemate in the state. The supervisory Resident Electoral Commissioner, REC, for Imo State, Aniedi Abasi Ikoiwak, who disclosed this Thursday in Owerri while briefing the press, […]

IMG blasts Yuguda over comments on slain NYSC members

The Ijaw Monitoring Group, IMG, has berated Governor Isa Yuguda of Bauchi State for his alleged comment on the killing of several National Youth Service Corps, NYSC, members serving in the Northern part of the country. It will be recalled that Governor Yuguda was quoted last week as saying that the killers of the NYSC […]

Time running out for sit tight leaders in Africa – Obasanjo

Cape Town (S-Africa) – Former President Olusegun Obasanjo has advised sit-tight leaders across Africa that time is running out and should take a cue  and bow out peacefully. Obasanjo, who spoke at the presentation of the Africa Progress Panel (APP) report in Cape Town, yesterday, urged African leaders to realise that there is life after […]

Osama is Dead at Last, Thank God Almighty – By Paul I. Adujie

President Obama announced the demise and disposal of Osama Bin Ladin some hours ago to a stunned world, and as I listened to Brian Lehrer’s  radio show, one of his guest’s comments cemented my feelings about the end of the Osama saga. The Brian Lehrer’s guests’ comments, paraphrased, was to the effect that death and […]

Criticisms trail issuance of Nigerian ECOWAS passport

Many Nigerians living abroad, who are yet to obtain the new ECOWAS passport popularly known as e-passport, should prepare for serious hiccups and hitches ahead. A Nigerian, who simply wants to be identified as Michael and has just obtained the epassport  told African Examiner that   the online payment procedure was  “very very awkward” because […]

Naira begins new week on negative note


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