Author: Lanre Akilu

The Senate Committee on Capital Market has given its stamp of approval to Dr. Emomotimi Agama as the newly appointed Director General of the Securities and Exchange Commission. Under the stewardship of Senator Osita Izunaso, the committee also greenlit the nominations of Frana Chukwuogor as Executive Commissioner (Legal and Enforcement), Bola Ajomale as Executive Commissioner (Operations), and Mrs. Samiya Usman as Executive Commissioner (Corporate Services). President Bola Tinubu, on April 19, named Agama as the DG of SEC, succeeding Lamido Yuguda. Capital market stakeholders have lauded Agama’s appointment, citing him as a technocrat poised to bolster the realisation of the…

The Independent National Electoral Commission (INEC) has initiated the Continuous Voter Registration (CVR) process across 397 centres in Edo and Ondo states in anticipation of the upcoming state governorship election. Mr. Sam Olumekun, INEC National Commissioner and Chairman of the Information and Voter Education Committee, made this announcement yesterday in Abuja. He revealed that an online locator for the registration centres has been launched to facilitate easy identification. However, Olumekun noted that due to flooding at the state INEC headquarters, the venue for the registration exercise in Edo has been relocated to the Ikpoba Okha Local Council office situated at…

In honour of 25 years of uninterrupted democracy in Nigeria, President Bola Tinubu is slated to deliver an address at a joint session of the Senate and the House of Representatives at the National Assembly Complex in Abuja on Wednesday. Additionally, the president will officiate the inauguration of the National Assembly Library, which bears his name. This revelation was made by the Clerk to the National Assembly, Sani Magaji Tambawal, on Tuesday. Furthermore, according to a statement released by the National Assembly management on Monday night, former Head of State, Gen. Abdulsalami Abubakar, is anticipated to deliver a discourse titled…

The Federal High Court, situated in Abuja, declined the bail plea submitted by the detained President of Miyetti Allah Kautal Hore, Bello Bodejo, on Monday. The leader of Miyetti Allah Kautal Hore was apprehended by the Defence Intelligence Agency (DIA) for illicitly establishing an ethnic militia group, known as Kungiya Zaman Lafiya, to promote terrorism. He has been in the custody of the Defence Intelligence Agency (DIA) in Abuja. In March, he was arraigned on a three-count charge filed by the office of the Attorney General of the Federation (AGF), alleging violations of the Terrorism (Prevention and Prohibition) Act, 2022.…

Chelsea are holding talks to make Leicester’s Enzo Maresca their new head coach, according to British media reports. The Italian, who until last year was Pep Guardiola’s assistant at English champions Manchester City, has overseen an immediate return to the Premier League for the Foxes following their relegation 12 months ago. His style of football is also said to have impressed Chelsea chiefs, with Sky Sports reporting Monday that the Blues had asked Leicester for permission to speak directly to Maresca, whom they added was the London club’s preferred choice. Chelsea are on the hunt for a new manager after…

The Senate and the House of Representatives are set to convene in a historic joint session on Wednesday, 29th May 2024, to commemorate 25 years of uninterrupted democracy and legislature in Nigeria. This unprecedented joint sitting, marking Nigeria’s democracy milestone, will be the first of its kind by the National Assembly since the inception of the Fourth Republic in 1999. In a statement released on Monday night by the National Assembly management, it was announced that President Bola Ahmed Tinubu is expected to deliver a keynote address during the joint sitting. Additionally, the President will commission the new National Assembly…

The Army announced its decision to reopen Banex Plaza in Abuja following constructive deliberations with stakeholders. Maj.-Gen Onyema Nwachukwu, Army spokesperson, conveyed this development in a statement issued on Monday. The plaza had been closed on Saturday, May 18, following a physical altercation between some traders and soldiers over the sale of phones. Gen. Nwachukwu elucidated that in response to the incident, a high-level meeting was convened in the Office of the National Security Adviser, attended by the Principal General Staff Officer to the NSA, Commissioner of Police FCT, FCT Director of the Department of State Services, leadership and management…

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, has advocated for the abolishment of State Independent Electoral Commissions (INECs). Addressing the National Discourse on Nigeria’s Security Challenges and Good Governance at the local government level held in Abuja on Monday, Fagbemi highlighted the persistent challenges facing local governments despite constitutional provisions aimed at safeguarding their autonomy. He pointed out cases of arbitrary dissolution, abolition, or fragmentation of local governments by state governments, citing constitutional provisions under section 162 (5-8) regarding the State Joint Local Government Account as facilitating state encroachment on local revenues. “Cases of State…

The administration of President Bola Ahmed Tinubu has indefinitely suspended the Nigeria Air project, mere months after its launch. Festus Keyamo, the Minister of Aviation and Aerospace Development, revealed the suspension on Monday, pointing to numerous instances of secrecy and fraudulent activities that tainted the project. This national carrier, initially envisioned as an indigenous endeavour to instil optimism among Nigerians, has been mired in controversy since its inception. Former Aviation Minister Hadi Sirika, currently under investigation by the Economic and Financial Crimes Commission (EFCC) for alleged fraud, rolled out the airline shortly before the conclusion of ex-President Muhammadu Buhari’s tenure.…

The Kano State Government has refuted reports by certain sections of the media suggesting widespread violent protests in some areas of the state following the recent abolition of the four emirates and the reinstatement of Muhammadu Sunusi II as the Emir of Kano. In a statement issued by the State Commissioner for Information and Internal Affairs, Baba Dantiye, on Monday, he stated that the reports were misrepresented. Dantiye stressed, “The Kano State Government noted with grave concern the reports by some sections of the media on the grossly exaggerated and misrepresented alleged violent protests in some parts of the state…