Day: 20 October 2019

Crisis in Kogi as Judges avoid swearing-in Bello’s hand-picked deputy

Jide Ige

Panel denies recommending Achuba’s impeachment Kogi State government appears to be facing an uphill task in getting the newly handpicked Deputy Governor designate Edward Onoja, sworn in as required by the Constitution. Onoja, who is Governor Yahaya Bello’s running mate in next month’s election, was named on Friday as successor to Mr. Simon Achuba. Achuba was impeached by the State House of Assembly within hours of the submission of the report of the panel raised by the Chief Judge of the state, Justice Nasiru Ajana to investigate the allegations against…

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Don’t go there! FG stops MTN’s

Jide Ige

The federal government has ordered the Nigerian Communications Commission(NCC) to suspend the N4 per second imposed by MTN on subscribers to USSD access to banking services charges. The Minister of Communications Dr Ibrahim Ali Pantami gave the directive through a statement by his Media aide Uwa Suleiman on Sunday. The Minister said MTN should stay action on the matter pending when he is properly briefed on it. The statement reads: “The attention of the Federal Ministry of Communications has been drawn to the viral text message allegedly sent by the…

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FG to combat national power outage with $1.61bn

Jasmin Ekua, Banking & Finance

The Managing Director, Transmission Company of Nigeria, Alhaji Usman Gur says the Federal Government in collaboration with international donor agencies has set aside over 1.61 billion dollars to ensure constant power supply in the country. Gur, who is also the Chief Executive Officer of the TCN revealed this on Sunday in Kano State while briefing newsmen at the Kumbotso power sub-station. According to him, the project will be carried out under the Transmission Rehabilitation Expansion Programme. “We are rehabilitating and expanding to degree 20, 000 Mega Watts by 2022 across…

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17m depositors money threatened as hackers N.75bn from UBA

Jasmin Ekua, Banking & Finance

Pan African financial institution, United Bank for Africa, UBA, is sailing in troubled waters as scammers and fraudsters have allegedly hacked into the servers of the financial giant stealing a whopping N752 million from the accounts of one of its premium customers, Flour Mills of Nigeria Plc. According to an auditor with the bank, Ojo Oladimeji, while testifying in a case against an alleged internet fraudster, Ola Lawal, aka Lawal Roland, at the Federal High Court in Lagos, the bank’s server was allegedly hacked and brought down recently. Ola Lawal,…

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