Guaranty Trust Bank has instituted suits against no fewer than 60 top executives of 13 commercial banks as a pending suit between GTBank and Afex Commodity Exchange over N17bn Anchor Borrowers Programme loan lingers. The 60 executives, including chairmen, chief executive officers, directors, and company secretaries of the 13 banks are facing contempt proceedings for allegedly failing to implement a No-Debit-Order reportedly placed on the accounts of Afex Commodity Exchange with the banks. Justice CJ Aneke of theFederal High Court, Lagos Division, in suit no FHC/L/CS/911/2024 involving Guaranty Trust Bank Limited and AFEX Commodities Exchange Limited, signed an order for…
Author: Daily News Hub
Cross River State Governor and South-South Coordinator of the All Progressives Congress, Chief Bassey Otu, says President Bola Tinubu’s mandated that Edo State is retrieved from the opposition Peoples Democratic Party must be achieved. Otu, while hosting the APC South-South conference in Calabar, the Cross River capital, noted that he has been the only APC Governor in the region but come September 2024, another APC governor will join him in Edo State. He said, “As a person, this meeting means a lot to me. The Almighty God himself detests loneliness. I read the lips of our President, Bola Ahmed Tinubu…
Provost of the College of Education (COE) Hong, Professor Yusuf Benson Baha has extended special greetings to Governor of Adamawa State, Rt Hon Ahmadu Umaru Fintiri on the occasion of the 2024 Eid-el-Kabir. Benson on behalf of the management, staff and students of the college also extended his felicitations to other Adamawa illustrious sons and daughters. Benson in his Sallah message greeted the Deputy Governor, Prof Keleptawa George Farauta, the Speaker Adamawa State House of Assembly, Rt Hon Bathiya Wesley, secretary to the State Government, Hon Barr Awwal D Tukur, the Lamido of Adamawa, HRH Barkindo Aliyu Mustapha, PhD, CFR…
South African former president Jacob Zuma on Sunday said his new party would join an opposition alliance to coordinate resistance to the government while maintaining its challenge to the general election results. “The 2024 elections were rigged” the uMkhonto weSizwe party spokesman Nhlamulo Ndhlela said, reading out a statement on behalf of the 82-year-old ex-leader. “We have instructed our legal team to take any steps possible both inside of South Africa and internationally to ensure that justice is done.” He added, “At the right time we will call on our people to demonstrate their dissatisfaction against all these injustices peacefully,…
The Nigeria Police Force has rejected the 10,000 constables recruited in the 2022/23 recruitment exercise, saying it was marred by irregularities and corruption as names of unqualified candidates were smuggled into the final list. A statement by the force spokesman, ACP Olumuyiwa Adejobi, yesterday said the police authorities raised the alarm over the exercise after several complaints by candidates and stakeholders after many names of successful candidates disappeared from the list. The NPF said; “This became necessary upon being inundated with a series of complaints and allegations of corruption raised by unsuspecting candidates and stakeholders on the irregularities that marred…
Federal Government, on Sunday, gave a hint about its plans to provide 24-hour electricity supply nationwide. Minister of power, Chief Adebayo Adelabu gave the assurance while speaking with newsmen shortly after observing the Eid Kabir prayers at Adeoyo praying ground in Ibadan South West Local Government Area on Sunday. Adelabu disclosed that various reforms embarked upon by President Bola Tinubu-led administration are aimed at ameliorating the suffering of the people. He added that in no distant future, Nigerians would begin to enjoy a 24-hour uninterrupted power supply. He stated that by the time all reforms and transformation in power sector…
Rivers State Governor Siminalayi Fubara, on Sunday, declared that no one can chase out of the office of the Governor of the state, noting that no man is more powerful than God. Fubara assured the people that his administration would make a difference in governance, noting he was merely a watcher and not a controller over the affairs of the state. He said those seeking absolute control got obsessed with power, became ruthless and delightfully trampled on the rights and liberties of the people they claimed to serve. Fubara, however, said he’s not like them, insisting that he would continue…
…says report on Nigeria’s economy jaundiced, derogatory, denigrating . Tinubu didn’t create current hardship, he inherited them, he’s tackling them – Spokesman Samuel Adesola, Abuja Presidency, on Sunday, described as jaundiced, the New York Times report painting a gloomy picture of Nigeria’s economic situation and blaming it on the President Bola Tinubu-led administration. The Presidency in a statement by Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, said the feature by Ruth Maclean and Ismail Auwal entitled, ‘Nigeria Confronts Its Worst Economic Crisis in a Generation’, published on June 11, reflected the typical predetermined, reductionist, derogatory,…
Sultan of Sokoto, Muhammadu Sa’ad Abubakar, on Sunday, challenged governments at all levels to go the extra miles in addressing the current hardship in the country. The Sultan, who stated this in his Sallah sermon shortly after observing the two units Eid prayer at the Fakon Idi, expressed regrets that Nigeria is grappling with a lot of challenges, while its citizens are facing untold hardship. The monarch said more needs to be done to alleviate the suffering of the Nigerian people. Sultan Abubakar also called for concerted efforts aimed at addressing the current security challenges in the country, noting that…
Emir of Kano, Muhammadu Sanusi II, held the traditional Sallah durbar on Sunday. Following the Eid prayer and sermon at the Kofar Mata Jumu’at mosque as a result of flooding at the usual Eid ground, the Emir embarked on the durbar, riding a horse through Wambai, Zage, Yan Damadan, Shahuci, and back to the palace. Unlike previous years, this time the Emir was the only one on horseback, with district heads either on foot or in vehicles. Governor Abba Kabir Yusuf and other cabinet members also attended the Eid prayer. Security was notably tight, with the Army, Police, Civil Defense,…