Year: 2024

Blackmailing of GTCO, CEO: Court denies Bloggers bail for being Serial Offenders

Lukman Laleye Babalola

Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of the four bloggers charged with defaming and cyberstalking the management of jGTCO (Guaranty Trust Holding Company), including its Group CEO, Mr. Segun Agbaje. The four accused; Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—are facing 10 amended charges for allegedly publishing false information about the company through various social media platforms. At the resumed hearing of the matter on the 13th and 14th of November, Justice Faji also dismissed the bail applications, citing…

We will partner with you to sanitize the capital market operation – DG SEC

Lukman Laleye Babalola

By James Isaac, Abuja     The Director General of Securities and Exchange Commission(SEC), Emomotimi Agama Ph.D has posited that, the Commission and the National Assembly are both partners in making laws that will guide the operations of the capital market where the public’s investment is protected.   This according to him requires updating outdated laws in order to have a smooth operation of the monetary policies and also remove bottlenecks and keep abreast with international best practice.   He made the disclosure on Thursday 14 November, 2024 at the…

Core Public Servants applaud Tinubu for appointing thoroughbred Procurement officer, Adedokun as BPP DG

Lukman Laleye Babalola

A group under the aegis of Core Public Servants, CPS has commended President Bola Tinubu for appointing Dr Adebowale Adedokun, a thoroughbred Procurement officer as the Director General of Bureau of Public Procurement, BPP. CPS in a congratulatory letter signed by Kudirat Akindero to Adedokun lauded President Tinubu for following due process and picking the most qualified to run the affairs of the specialized agency. In the letter, the ADSC said: “Congratulations to Dr. Adebowale Adedokun, PhD (MCIPS, CMILT), on his appointment as the Director-General/Chief Executive Officer of the Bureau…

Friday Sermon: Encouraging Islamic Education Reduces Crime In The Society! By Imam Murtadha Gusau

Emporium Reporters

In the name of Allah, the Most Gracious, the Most Merciful All perfect praise be to Allah the Lord of the Worlds. May His peace and blessings be upon our Prophet Muhammad and upon all his family and companions. Dear brothers and sisters! One of the most effective ways Islam employs to combat crime, prevent it, and reduce its prevalence is through purposeful education. This education is considered one of the most important means to resist evil and corruption, and it has a profound impact. Islamic education is distinct from…

NNPCL Board makes Key Appointment ….. Sacks Umar Ajiya, Oritsemeyiwa Eyesan

Abubakar Yusuf

The Board of Directors of NNPC Limited has announced a series of strategic leadership appointments. These changed according to a release signed by Olufemi Soneye,Chief Corporate Communication Officer,NNPCL reflected the Corporation continued dedication to enhancing corporate governance, improving operational efficiency, and ensuring long-term success in Nigeria’s energy sector.   According to the statement, the following new appointment were made with immediate effect;   1. Mr. Adedapo A. Segun has been appointed as the Chief Financial Officer (CFO). Mr. Segun previously served as the Executive Vice President, Downstream, where he made…

BREAKING: Tinubu appoints former Atiku’s aide Bwala as Special Adviser on Public Communications

Emporium Reporters

President Bola Ahmed Tinubu has appointed Daniel Bwala as Special Adviser on Public Communications and Media at the State House.   The appointment was announced on Wednesday in a statement by Special Adviser on Information and Strategy, Bayo Onanuga.   A former aide of former Vice-President Atiku Abubakar, candidate of the Peoples Democratic Party (PDP) in the 2023 election, Bwala worked actively for his former principal who lost to Tinubu.   However, after the elections, he worked his way into the camp of Tinubu, sparking controversy.   The lawyer had…

BREAKING: FG proposes N47.9 trillion as 2025 budget

Emporium Reporters

The Federal Government has proposed N47.9 trillion as the total expenditure in the 2025 budget.   Atiku Bagudu, the Minister of Budget and Economic Planning, revealed this on Thursday after the Federal Executive Council (FEC) meeting presided over by President Tinubu.   The approval is part of the Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper for 2025-2027, in accordance with the Fiscal Responsibility Act of 2007.   Accordingly, the FEC approved its submission to the National Assembly as required by the 2007 Fiscal Responsibility Act.   The framework…

Ignore PDP statement, Governor Okpebholo did not sack any civil servants – CPS

Lukman Laleye Babalola

Fred Itua,Chief Press Secretary to the Edo State Governor,in a release has described statement issued by the factional chapter of the PDP in Edo as a joke taken too far. The CPS said PDP is yet to recover from the crushing defeat it suffered during the 21st September governorship election in Edo State.   The statement read;   “Governor Monday Okpebholo, since his inauguration on Tuesday, has since hit the ground running and trying to fix the mess created by the immediate-past MoU governor of Edo State, Godwin Obaseki. “For…

Human Rights Situation Dashboard now Central Tool in tracking and analysing human rights in Nigeria – Ojukwu ….. As NHRC receives 427,606 complaints in October

Lukman Laleye Babalola

The National Human Rights Commission NHRC said the Human Rights Situation Dashboard which was launched in January 2024, has now become a central tool in tracking and analysing the state of human rights in Nigeria. Reflecting on progress made so,the commission said it also compelled to confront the challenges that persist, with a clear commitment to advocate for justice, dignity, and the fundamental freedoms of all Nigerians. The Executive Secretary, National Human Rights Commission NHRC,Dr.Tony Ojukwu disclosed this at the presentation of the October edition of NHRC Human Rights Situation…

SEC seeks Senate Committee support for passage of Investments and Securities Bill 2023

Lukman Laleye Babalola

The Securities And Exchange Commission SEC has urged members of the Senate Committee on Capital market to be on same page with other stakeholders for the passage and enactment of Investment and Securities Bill 2023 by the Nigeria’s Senate.   SEC argued that the Investments and Securities Bill 2023 currently enjoying the overwhelming support of stakeholders in the Nigerian capital market, said there was a collective resolve in the capital market community to work together towards the enactment of the Bill during the life of the 10th National Assembly. SEC…