Author: TheScrutinyNG

Mr Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria (CBN), on Friday explained how Nigerians trading on Binance Holdings Limited’s platform use false names in the transactions. Olubukola, who is the Economic and Financial Crimes Commission (EFCC)’s 2nd prosecution witness (PW-2) in the ongoing trial of Binance and its executive, Tigran Gambaryan, told Justice Emeka Nwite of a Federal High Court, Abuja, while giving his testimony. The News Agency of Nigeria (NAN) reports that the EFCC had filed a five-count charge against Binance and Gambaryan (1st and 2nd defendants) bordering on money laundering offences. The anti-graft agency…

President Bola Tinubu on Friday received the governorship candidate of the All Progressives Congress, APC, in the September 21 election in Edo State, Senator Monday Okpebholo. The APC candidate was accompanied to the Presidential Villa by Senator Adams Oshiomhole and the Minister of Niger Delta Development, Abubakar Momoh. The visit came a day after an Abuja Federal High Court, on Thursday declared invalid the primary election that produced the governorship candidate of the People’s Democratic Party (PDP), Mr Asuen Ighodalo, citing the disenfranchisement of authentic delegates of the party. Speaking to journalists, the leader of the APC in Edo State,…

The governor of Kebbi State Nasir Idris, has declared Monday, July 8, as a public holiday to mark the beginning of the new Islamic calendar, lst muharram 1446AH. Alhaji Auwal Manu-Dogondaji, the state Commissioner for Establishment, said this in a statement in Birnin Kebbi on Friday. According to him, the 1st of Muharram is on a Sunday, due to the importance of the Islamic New Year, the government decided to shift the public holiday to Monday. Manu-Dogondaji congratulated the Muslim Ummah on the advent of the new Islamic calendar, urging the Muslims to sustain fervent prayers for peace, security, and…

British Prime Minister Rishi Sunak conceded defeat in the national election on Friday, saying the opposition Labour Party had won. “The Labour Party has won this general election and I have called Sir Keir Starmer to congratulate him on his victory,” Sunak said after winning his parliamentary seat in northern England. “Today, power will change hands in a peaceful and orderly manner, with goodwill on all sides. That is something that should give us all confidence in our country’s stability and future.”

The Senate on Thursday, July 4, passed the North Central Development Commission (NCDC) bill. The upper chamber passed the bill after considering the report of its committee on special duties, presented by its chairman, Senator Kaka Shehu. The Bill was sponsored by the senator representing Benue South Senatorial District and Senate. Minority leader of the Senate, Senator Abba Moro, sponsored the bill and it was co-sponsored by all the senators from the north-central region. The bill was passed First Reading on the 5th of October, 2023, and Second Reading on February 21, 2024.

At last, the federal government, Thursday, inaugurated the governing councils of universities, polytechnics and other federal tertiary institutions in the country. The inauguration came barely one year after the government dissolved the governing councils of all of its tertiary institutions, leaving them to operate without governing councils. Recall that President Bola Tinubu, in June 2023, shortly after being sworn in as president, announced the dissolution of governing councils of federal tertiary institutions, leaving them to operate for almost a year without governing councils. Lecturers in the nation’s public universities had on June,19,2024, picked a hole in the inability of the…

President Bola Tinubu is scheduled to inaugurate the construction work of the 1000-km Sokoto-Badagry Coastal Highway in August. The Minister of Works, Dave Umahi, disclosed this during a stakeholder engagement on the project in Birnin Kebbi. Umahi said that he was directed by the president to come to Kebbi with some ministers and members of the National Assembly to unveil the scope of the project. “The project is the old West African Trade Route, and the processes for the commencement of the construction of the 1000km six-lane super highway are in progress. ”Kebbi State has the lion share of the…

By Ebun-Olu Adegboruwa, SAN Founded in August, 1998, the People’s Democratic Party, PDP, used to pride itself as the largest political party in Africa, whatever that means. It was founded by eminent citizens like Chief Solomon Lar, Dr. Alex Ekwueme and many others. Broadly speaking, the PDP represents a centre right political entity, adopting a neoliberal economic status dressed in ultra conservatism, thus favouring free market policies which support economic liberalism. It easily won the February 1999 election, fielding retired former military leader, General Olusegun Obasanjo to pair with a retired customs officer, Alhaji Atiku Abubakar. It would later win…

Around 235 million Pounds (298 million dollars) is expected to be withdrawn from ATMs on Thursday as people fit trips to cash machines around casting their general election votes. This is according to a forecast from UK cash access and cash machine network Link reported on Wednesday. The network expects the total to be lower than it was in Dec. 12, 2019, when the last general election was held. On that date, which resulted in Boris Johnson returning to Downing Street as Conservative Prime Minister, 322 million Pounds was withdrawn. The Link said that early December was tended to be…

The Governor Godwin Obaseki’s  Sobe Maize Farm has turned a dangerous zone that has been taken over by kidnappers. Interrogating Obaseki’s numerous unkept promises to the people of Edo State in a statement, Media Consultant to the All Progressives Congress (APC) Governorship Campaign Council for the  September 21, 2024 election, Prince Kassim Afegbua, said four years after the campaign promise, ‘no single maize tree is standing there’ According to Afegbua: “The Sobe Maize Farm which they campaigned with in 2020 is most unkempt, overgrown with weeds and has become a habitat for kidnappers and armed bandits. Not a single Maize…