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NAIJA NEWSPAPERS HEADLINES AND NAIJA NEWS FOR MONDAY 2ND AUGUST 2021
GOOD MORNING NIGERIA.
NAIJA NEWSPAPERS HEADLINES AND NAIJA NEWS FOR MONDAY 2ND AUGUST 2021.
THE NATION
APC, PDP sink deeper into crises ahead 2023 elections
COVID-19: Lagos records six deaths, 519 cases in two days
How to save naira from forex backlash, by experts
Growing concern over legality of Bunis APC leadership
Foreign exchange brouhaha: time for CBNs hard decision
Zenith Bank MD seeks more investments for Africa
Hushpuppi: Police begin Kyari probe
Duties: 30 private jets risk Customs seizure
Tale of two court trials
NAIDP Bill will be passed before year end
Coscharis showcases locally-assembled Koleos, Duster, others
Placing MSMEs at the centre of economic recovery
$23b diaspora remittances raise income line for families
FCMB to expand lending with $50m AfDB facility
Sterling Bank, Ekiti partner on digital healthcare
Wema Bank gets two directors
Fidelity Bank gives N39m to 15 promo winners
Cloud must be integrated into ITservices licensing
Improving Nigerias trade, investment space
VANGUARD
Education: DG MINILS hails Buhari’s pledge to an improved sustainable budget
West’s help against Nigeria’s insecurity
Ondo: Be humble in defeat, APC tells ‘toothless, hungry’ PDP
Education sector and bill on teachers’ new retirement age
APC Kaduna Ward Congress, transparent, rancour-free
Don’t put computers in children’s bedroom-Educators warn parents
Insecurity: Nigerians urged to go beyond prayers, activate rights to self-defence
Bitcoin rises above $40,000
Abia govt raises alarm on plot by group to attack, kidnap VIPs
Zulum visits Marte, provides returnees with livelihood support
Public finance and the good life
Super cop Abba Kyari and the tollgate to justice
Hunger in the land: Result of things undone
Lagos records 6 COVID-19 related deaths, 519 infections in 2 days
Create avenue to domesticate research findings, ex-Minister counsels Health Council
Hoodlums attack Imo Police station, behead motorist
Made-in-Nigeria foods: NAFDAC raises alarm over rejection by US, EU
Six years of fibroid pain gone in one hour without surgery’ Patricia Omoke
Benin artifacts and the choice facing Robin Hood
THISDAY
Foreign Investors Exit Takes Toll As Stock Market Decline by N973.2bn in Seven Months
The Courage to Act
Mahmud: Nowhere in the World are BDCs Spoon-fed
H1 2021: Global Insurance Market Records Losses, Claims Worth $42bn
Dangote Sugar Sustains Growth Despite Increasing Finance Cost
WFP Tags Nigeria, 22 Other Countries Hunger Hotspots
Agboarumi: Standardisation Key to Boosting Nigerias Exports
Unity Banks Profit Before Tax up 34% to N1.50bn in H1 2021
SUNU Assurances Announces N313m Profit
Flour Mills of Nigeria Announces 12% Increase in Profit
Despite Covid-19 Challenges, NAHCO Pays Dividend to Shareholders
Vitafoam Nigeria Reports N3.41bn Profit in 9 months
5G Deployment Will Boost Connectivity, Consumer Experience
Injury Stops Adegokes Olympic Games Sprint Title Bid
FCMB To Empower Agribusiness, Others with AfDBs $50m Credit Facility
What is Human Growth Hormone (HGH)
Sterling Bank Partners Ekiti State Govt on Electronic Medical Record
Rojas Smashes Triple Jump World Record to win Gold
Still on The Depreciation of The Naira
Fidelity Bank Introduces Initiatives To Deepen Staff Skills Development
Amusan Becomes Second Nigerian to Make 100m Hurdles Final
Buhari, Olawepo-Hashim Stand Tall as Most Engaging Political Leaders in Nigeria
CSR: Access Bank Brings Succour to School for Deaf Students
Akwa Utd Wins First NPFL Title
The Long Tortuous Journey to Electoral Reforms
ipNX Calls for Policy Harmonization to Mitigate Data Risks
Edo Govt Heaps Plaudits on Adegoke
Buni: APC on the Path to Self-destruct
Borderless Trade Network to Empower Female MSMEs
AITEO CUP: Gov. Diri Hails Giant-Killers Bayelsa Utd
First Bank Reiterates Commitment to Support Education
Tokyo Olympics: Italys Lamont Jacobs Wins 100m Gold
Dana Air Bags NAAPE Award for Strategic Innovation
UBAs Africa Presence As Elixir for Remittances
Full Automation of the Ports is Our Goal
Italians Tame DTigers, as Mike Browns Men Crash Out
NEMA, NITDA to Collaborate on Disaster Risk Mitigation
Osimhen Scores Brace against Bayern Munich
Firm Unveils The Grande Couronne, Whiskey Brand in Lagos
What is the Best Table Game to Play at a Casino
Poor Leadership, Bane of Nigerias Maritime Industrys Development
PUNCH
Defection should be prohibited
Petrol consumption jumps by 340 million litres in one month
Egbe lauds Bayelsa over Aiteo Cup feat
Suspended Adamawa PDP youth leader remanded for attacking Buhari, SGF on Facebook
Edo prepares ‘red carpet reception’ for Adegoke
ASUU, is everything about money
Nigeria plans building next generation of athletes ‘ Dare
Operators lament as car robbers stab FCT Uber driver to death
Supreme Court judgment, call to higher service, says Akeredolu
AFN unveils new Anti-Doping Commission members
Parallel congresses: APC threatens to expel, suspend Osun, Kwara, Delta, others errant members
Man beats Ogun Okada operator to death for refusing him ride
National Assembly, obstacle to free, fair polls, says Fayose
Lille beat PSG to clinch first French Super Cup
Quest for money pushed me into concealing cocaine in underwear Woman
Haba, Kyari!
95% of Akwa Ibom APC stakeholders endorsed consensus, says ex-lawmaker
NPFL: Akwa United beat MFM to win first-ever Nigeria premier league
Hushpuppi: Suspended Kyari appears before four-man panel this week
Lagos calls for cooperation on Ikeja, Ikorodu road works
Ex-students tackle NTI over lack of certificates five years after graduation
Public finance and the good life
Anambra poll: Okonkwo lands in ZLP, grabs gov ticket
Hoodlums looking for hunters attack FRCN Ibadan station
Zenith boss seeks impact investment in Africa
Hoodlums looking for hunters attack FRCN Ibadan station
Nigerias debt profile and impunity
Dont squander your goodwill, IGP warns officers
Shell Nigeria deepwater business gets first female MD
Two feared killed as security operatives burn Imo hotel, owners house, shopsburn house
Two feared killed as security operatives burn Imo hotel, owners house, shopsburn house
FG reimburses states N620bn for road projects
Nigerians spend N1.77tn on national calls, SMS
Access Bank renovates school building for the deaf
Police arrest drug supplier, seller in Lagos
NAFDAC seeks end to made-in-Nigeria food products rejection
Three children, seven others injured in Osun crash
Transcorp profit jumps by 658% in six months
Vigilantes arrest suspected robber during operation in Abia
AfBD to provide women $150m for agriculture
Physically challenged girl who disappeared in Lagos found roaming in Ibadan
Estate firm, LBIC partner on Surulere, Lekki housing
Reveal identities of 774,000 jobs beneficiaries, Archbishop tells FG
Notore records N9.43bn revenue in nine months
Anambra mob overwhelms vigilantes, sets carjackers ablaze
UK property firm provides positive outlook for Nigerian investors
Nigerias loans from World Bank, AfDB rise to $14.35bn under Buhari
El-Zakzakys acquittal
Kogi kidnap kingpin who abducted own father, collected N4m, killed
External reserves gain $280m in two weeks
Supreme Court has nullified APC congresses under Buni PDP
Ganduje, Fashola, others converge on Abuja for national unity
Gombe gov declares second term bid, confident of victory
COVID-19 deaths rise by 240%, 310 inbound travellers test positive
Petrol subsidy may gulp N2tn this year Rainoil boss
Estate surveyors reject Fasholas monthly house rent proposal
Eight aggrieved Anambra APC aspirants vow to reclaim ticket
LEADERSHIP
Yobe Government Harps On Extra Lessons For Effective Performance In 2021 WAEC, NECO
Emergency On Education: Yobe To Renovate 6 Additional Secondary Schools
Gov Buni Seeks More UNDP Intervention ln Agriculture, Education And Other Sectors
How Govt Is Bridging Housing Deficit In Kaduna ‘ Commissioner
Abandoned Property: House Owners Are Complying ‘ KASUPDA
Kaduna leads Northwest In Financial Inclusion
Kashim Ibrahim Fellowship: Attracting Youths To Public Service
COVID-19: Nigeria Receives 4m Doses Of Moderna Vaccine
Ogoni Vacate East-West Road After One Week Blockade
Nigeria Must Address Insecurity To Secure Economic Growth, Create Jobs ‘ NESG
Anambra Guber: 2 Aggrieved Aspirants Emerge Other Parties’ Candidates
Notore Posts N9.43bn Revenue For 2021 3rd Quarter
Fidelity Bank Promises Continuous Support For SMEs
190m Nigerians Shun Health Insurance Scheme ‘Experts
$250m Lost To Wrong Workplace Culture In 5 Years
Importers Incur Demurrage As Customs Server Fails
FCMB Empowers Agribusiness, Health Care, Others With AfDB’s $50m Credit
Uncertainty Over Fate Of PIB, Electoral Act Amendment Bill
Unity Bank Records N23bn Gross Earnings In H1
Only Quick Intervention Will Save Aviation Sector ‘ Stakeholders
Targeting Unemployment Through CBN Interventions
Hushpuppi: Police Suspend Abba Kyari, Begin Probe
Ganduje, Okorocha, Fashola, Others To Discuss National Unity
4 Abducted Islamiyya Pupils Feared Dead
MTNN’s Shareholders To Receive N2.3bn Interim Dividend
21,000 Persons Mentally Unstable In Benue ‘ Official
NNPC Records Petroleum Product Sale Of 234.63bn In March
Resident Doctors Begin Strike Today
Shell unveils First Female Managing Director For Deep-Water Nigeria
Dangote Cement Sales Volumes Hit 15.3Mt
They Are Terrorists
COVID-19: NCDC Records Additional 497 Cases, Zero Death
2023: The Familiar As Unknown (2)
Zenith Bank Seeks Increased Impact Investment For Africa
Akwa United End 25-Year Await, Emerge 2021 NPFL Champions
Nigeria Ready To Work With Global Partners On Health Challenges ‘ Onuwu
Military Providing Avenue For Farming, Businesses To Thrive In North-East, Says Theatre Commander
After Kareto Ambush, Troops Regroup, Shell Terrorists In Borno
NEW TELEGRAPH
We need more of such Daura insights from our President
APC and Supreme Court’s ruling albatross
Excitement as call to Bar of new wigs swell lawyers’ rank
Nigerians spend N2.129trn on fuel in one year
Olympics: Minister calls for athletes’ development programme, fund
APGA leadership sabotaging party’s chance
FG moves to avert fresh strike in varsities, meets ASUU today
Kalu salutes Asagba of Asaba, Prof. Chike Edozien, at 97
Tantalizers reports N58m HY’21 loss
46% of 65 private jet owners owe Customs duties
FBNQuest: Persistent current account deficit affects naira
U.S court: Hushpuppi to be sentenced in October
Mabogunje: We expect economic growth from non-oil sector in subsequent quarters
Anambra guber: Okonkwo emerges ZLP candidate
Ikeja Hotel: COVID-19, competition stifle earnings
IGR: NASS to halt aviation agencies’ 25% remittance to FG
FG’s delay stalls $500m Chinese funded airport terminal
5G: Telcos seek reduction in cost of spectrum
Promo: Fidelity Bank rewards 15 customers with N39m
2023: Atiku on the march again
Equities close week negative with 0.31% loss
Why ADC is the party to beat in Anambra ‘ Nwosu
FX teller points: Banks comply with CBN’s directive
Modern policing driven by technology, says C’River CP
FIRS, SystemSpecs partner to ease tax remittances
We need to renegotiate Nigeria, says Owodiong-Idemeko
Angst over Buhari’s double standards
Akwa United win NPFL title for first time
Shevchenko leaves role as Ukraine’s boss
Giroud scores four minutes into AC Milan debu
Wrestlers on redemption duty for Team Nigeria
Tokyo 2020: Amusan, Brume Book Final Spots
Akwa United Wins 2020/2021 NPFL Title
Tokyo 2020: Italian, Jacobs, claims shock 100m gold
Taiwan, Hong Kong welcome at Beijing 2022 Winter Games ‘ IOC
Olympic organisers probe drinking incident as Tokyo sizzles
Tokyo 2020: France’s Aliev disqualified, protests with sit-in at ringside
Mike Ezuruonye, AY, Erica, Zubby Michael, Others star in ‘Bitter Rain
Actor Williams Uchemba shares intimate secret
Seyi Shay connects female fans with ‘The big girl dinner
BBNaija: Nudity as a selling point
Amina Mohammed: Consolidating on world stage
My goal’s to restore women’s confidence, pride, says Susan Esisi
BLUE PRINT
HUSHPUPPI/FBI INDICTMENT: Anxiety as PSC suspends Kyari, DIG heads probe panel
11 killed in Plateau crises, 50 houses razed, scores hospitalised, crops, economic trees destroyed
FCMB Group nets N94.2bn revenue half year result
LG introduces stabilizer free, non-plumbing, auto restart home appliances
Unity Bank pre-tax profit grows by 34%
Dangote Cement posts resilient performance in first half 2021
AELP link to boost trading between NGX, other African exchanges
Police investigating hoodlums’ attack on Ibadan FRCN station ‘ CP
Domestic equities market: Local Bourse records losses
Banker petitions CBN, Access Bank over detention
Need to expedite action on Food Hygiene Bill
Anyim, Egwu, others accuse Umahi of fueling restiveness in Ebonyi
Healthy living: FCT community solicits intervention as Realtor empowers residents
Minna COE provost reappointed
Kuje first lady tasks women on partisan politics
APC: Ondo congress peaceful
IHR tasks state pilgrims boards on hajj deposits’ refund
APC congresses: Why Cross River settled for consensus ‘ Stakeholders
Issa Aremu lauds Buhari’s pledge to improve education budget
Anglican cleric laments rise of hardship on Nigerians
FCTA to collaborate with NADDC on friendly transport system
Delta APC ward congress peaceful ‘ C’ttee chair
Reports on killing of corps members misleading ‘ NYSC
SERVICOM seeks concrete networking in Nigeria Police
Insecurity reducing in Katsina ‘ Masari
Enugu assembly member launches empowerment foundation
Mixed reactions, results trail ‘parallel’ APC ward congresses in Ogun
APC Congress: Bauchi adopts consensus
Man, 40 arrested for beating motorcyclist to death in Ogun
Congress: Oyetola’s group boycotts direct primary option in Osun ‘ Party scribe
DAILY TIMES
Biden announces end of combat mission in Iraq
Facebook to block ad targeting under-18
If U.S. has real shooting war it could be result of cyber attacks Biden
Femi Adesina: Why Buhari cant seek medical attention in Nigeria
China invites Taliban delegation to discuss security Taliban spokesperson
Why I appointed Buharis ally, Mustapha as Sarakis replacement Emir of Ilorin
Buhari without certificate attending global education summit, its a shame Dino Melaye
NAPTIP decries Nigerias Tier 2 ranking by United States Trafficking in Persons (TIP) report
BASKETBALL: US men get back on track as Germany beat Nigeria
Tokoyo 2020: Simone Biles withdraws from individual all-around event to focus on mental health
Andy Murray and Joe Salisbury beaten by Marin Cilic and Ivan Dodig
Tokyo 2020: Naomi Osaka out of Olympics tennis tournament
GUARDIAN
Anambra Guber: Frustration, adulation, platform switch trail INEC deadline
Property firm woos investors with Dominican Republic residency
Ebonyi soccer fans celebrate Nwankwo Kanu at 45
Zambia president deploys army to quell violence ahead of vote
Pro-Tinubu group in Ekiti rejects ward congresses, urges fresh exercise
Greece forest fires gut homes, farms
Oborududu takes Azerbaija’s Manolova as wrestling begins today
APC okays Kaduna ward congresses’ result
PenCom commences retirees’ online verification today
New arrests in plot to kill Madagascar president
Lagos prosecutes man for alleged assault on LASBCA officers
AFN names seven-man Medical/Anti-Doping Commission
Vivo ranked among top 5 Global Smartphone Brands in Q2 2021, according to Canalys
Congress: Minister tasks APC members on unity, party’s success
Seven African exchanges inch towards shared trading
Mexico holds referendum on prosecuting ex-presidents
FCTA spends N8bn on waste management annually ‘ Minister
Sports minister tasks Nigerians on patriotic ideals, applauds FFN
Tribunal orders BGL to pay N90 million over illegal sale of shares
Kim’s sister slams planned US-South Korea drills
Apapa gridlock my greatest headache ‘ NPA MD
Ekezie calls for reorientation as D’Tigress meet Japan today
eTranzact adopts holding structure, to raise fresh capital
Workers at world’s biggest copper mine in Chile agree to strike
Peaceful APC ward congress in Nasaarawa excites Speaker
Organisers unveil programme for 2021 Nigeria Cup
MTN posts N790b revenue, loses 7.6m subscribers in six months
Anambra guber: ZLP picks new standard-bearer, running mate
NDLEA intercepts 35 wraps of cocaine, drugs en route Italy, Turkey
Iran rejects Israel’s ‘baseless accusations’ over ship attack
Digital golf training will boost Nigeria’s golf development, says Mpoh
Bank unveils tuition-free SME business school
Ward Congress: Lagos APC expresses delight over absence of violence
Why Mai Mala Buni should step-down now
Turkey wildfires force more residents to flee homes
Schools and Nigeria’s killing season
NPFL transfer window opens today, NPFL ends August 5
Stock market dips by 0.3 per cent
APC Congress: Ebonyi adopts Option A4 voting system
China, western world and human rights revolving doors
LG boss pledges to tackle insecurity, bad roads
Afghan forces battle to thwart Taliban assaults on key cities
Remembering Olaleye, the slum that produced Odiye, Okoku, other sport stars
CHI secures microinsurance licence
Nigeria’s endless borrowing against experts’ warning
Media, democracy and future of Nigeria
Lille beat Paris-Saint Germain in season curtain raiser
Myanmar junta chief says new elections in two years
Cornerstone grossed N17.53 billion premium in 2020
Residents decry resurgence of wastes in Lagos
Insecurity: Let’s experiment with RUGA
Italy’s Lamont Marcell Jacobs wins first post-Bolt Olympic 100m gold
Dangote Cement posts N191.6bn profit in 6 months
Obaseki seeks better collaboration with judiciary, NAPTIP on conviction oftraffickers
Group urges FG to open Anambra airport before Nov 6
Stop borrowing, experts beg FG as debt servicing hits N28tr
Unhealthy development
NDLEA recovers 35 wraps of cocaine at Lagos airport
TRIBUNE
COVID-19: Nigeria registers 1,683 cases in 3 days as infections surge again
10 teenagers emerge winners at national essay competition
FAO, Ondo, explore opportunities for transforming food systems
Kyari and his hushpuppy
World Bank on Nigeria’s debt to revenue ratio
If nothing is done now, Nigeria will become a failed state like Somalia, Anglican bishop tells FG
You’ve a role to rid the country of insecurity challenges, Don tells journalists
APC congress: Akande-Sadipe commends Oluyole members
NAPPS impact on State economic index significant ‘ Oyetola
Microsoft appoints Ola Williams as Country Manager for Nigeria
NGO trains Edo journalists on human rights advocacy
How to Read Altcoin Signals: Information Every Trader Should Know
Group empowers 3,000 widows, elderly women, orphans in Anambra
NGX: Equities investors gain N320bn in July
SPORTS
5-Star CB Jaheim Singletary Decommits from Ohio State; No. 14 Recruit of 2022 Class – Bleacher Report
5-Star SF Dariq Whitehead Commits to Duke over Kansas, FSU, G League – Bleacher Report
AFN names seven-man Medical/Anti-Doping Commission – Guardian
AFN Unveils Members Of Its Medical and Anti-Doping Commission – Complete Sports
AFN unveils new Anti-Doping Commission members – Punch
AITEO CUP: Gov. Diri Hails Giant-Killers Bayelsa Utd – Thisday
Akwa United defeat MFM to win first-ever NPFL title – The Cable
Akwa United win NPFL title for first time – New Telegraph
Akwa United Wins 2020/2021 NPFL Title – New Telegraph
Akwa Utd Wins First NPFL Title – Thisday
American swimmer Dressel wins fifth gold – CNN
Amusan Becomes Second Nigerian to Make 100m Hurdles Final – Thisday
Andy Murray and Joe Salisbury beaten by Marin Cilic and Ivan Dodig – Daily Times
Arsenal new boy Lokonga can’t wait for Premier League challenge after Chelsea outing – Goal
Arteta Clarifies Granit Xhaka Transfer Situation – Daily Independent
BASKETBALL: US men get back on track as Germany beat Nigeria – Daily Times
Baxter gives his verdict on Kaizer Chiefs new boys – Goal
Berhalter selects second-youngest USMNT final lineup ever for Gold Cup clash with Mexico – Goal
Boeheim’s Army vs. Team 23 Set for The Basketball Tournament 2021 Final; Full Results – Bleacher Report
Celtics Rumors: Jeff Green, Rudy Gay Among Boston’s Targets in 2021 NBA Free Agency – Bleacher Report
Chris Jordan holds his nerve to secure tight victory for Southern Brave – Yahoo
Chris Paul Rumors: PG Declines $44.2M Contract Option, Will Enter Free Agency – Bleacher Report
DeMar DeRozan Rumors: Heat Considering Spurs Free Agent Amid Kyle Lowry Buzz – Bleacher Report
Derrick Rose Rumors: Knicks Want PG to Explore Market Before Making Contract Offer – Bleacher Report
Digital golf training will boost Nigeria’s golf development, says Mpoh – Guardian
Dos a Cero!’ – USMNT shocks Mexico in extra time once again to seal second trophy of summer – Goal
Ebonyi soccer fans celebrate Nwankwo Kanu at 45 – Guardian
Edo Govt Heaps Plaudits on Adegoke – Thisday
Edo prepares ‘red carpet reception’ for Adegoke – Punch
Egbe lauds Bayelsa over Aiteo Cup feat – Punch
Ekezie calls for reorientation as D’Tigress meet Japan today – Guardian
England defender Mings explains how his mental health ‘plummeted’ due to Euro 2020 criticism – Goal
Fan View: ‘Congratulations Kaizer Chiefs, now Orlando Pirates must retain MTN8 and win PSL title – Goal
Ghana FA Cup: Hearts of Oak crush Medeama to set up final date with Ashanti Gold – Goal
Giroud scores four minutes into AC Milan debu – New Telegraph
Herrera ‘calm’ about Tigres’ defeat to Toluca with stars Gignac & Thauvin expected back soon – Goal
How much are Olympic medals worth – CNN
Injury Stops Adegokes Olympic Games Sprint Title Bid – Thisday
Italians Tame DTigers, as Mike Browns Men Crash Out – Thisday
Italy’s Lamont Marcell Jacobs wins first post-Bolt Olympic 100m gold – Guardian
James Hildreth helps Somerset to five-wicket victory over Yorkshire – Yahoo
Kawhi Leonard Rumors: Star to Decline Clippers Contract Option, Start LAC Talks – Bleacher Report
Kyle Kuzma’s SUV Stolen, Crashed During High-Speed Police Chase; Suspect Detained – Bleacher Report
Kyle Lowry Rumors: Heat Viewed as Favorites Amid Buzz of Goran Dragic Sign-and-Trade – Bleacher Report
Laura Muir feeling prepared after sealing 1500m semi-final spot in Tokyo – Yahoo
Lille beat Paris-Saint Germain in season curtain raiser – Guardian
Lille Beat PSG To Claim First Ever French Super Cup Title – Complete Sports
Lille beat PSG to clinch first French Super Cup – Punch
Lions prop Kyle Sinckler facing three-month ban over bite charge – Yahoo
Lions will be a different beast in South Africa decider ‘ Alun Wyn Jones – Yahoo
Lorch has to score and then I think the game is done’ – Orlando Pirates’ Zinnbauer rues missed chance – Goal
Malik Monk Reportedly Set to Become FA After Hornets Decline Qualifying Offer – Bleacher Report
Mavericks Rumors: Kyle Lowry No Longer Dallas’ Focus in Free Agency Amid Heat Buzz – Bleacher Report
Mets’ Steve Cohen Responds to Failed Kumar Rocker Contract Talks in Twitter Post – Bleacher Report
Miles Robinson’s Late Goal in Extra Time Lifts USA Past Mexico in 2021 Gold Cup Final – Bleacher Report
Motor racing-Vettel and three others reprimanded for not removing LGBTQ+ rights t-shirts before anthem – Yahoo
Myles Turner Trade Rumors: Knicks ‘Trying Hard’ to Land Pacers Center – Bleacher Report
Nets Rumors: Insiders Believe Spencer Dinwiddie Could Get $15-20M AAV in FA Contract – Bleacher Report
NHL Rumors: Philipp Grubauer’s $35.4M Kraken Contract Rejected over Rules Violation – Bleacher Report
Compiled by:
abdulkareemihiovi@gmail.com
News
I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court
A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.
The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.
Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.
According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.
He said he subsequently took the money to the office of the then Director-General.
“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.
The witness explained that he collected the bag from his aide before entering the office.
“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”
The witness was initially a defendant in the case but later opted to testify for the prosecution.
While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.
According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.
He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.
“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.
During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.
When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”
After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.
The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.
Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.
They pleaded not guilty to the offences.
The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.
According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.
Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.
The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.
One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.
News
CBN Bars Chronic Loan Defaulters from Accessing New Banking Services
The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).
This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.
This order is specifically targeted at large-ticket obligors.
The CBN issued the directive in a circular to banks on Monday.
The latest instruction comes almost a week after the CBN asked financial institutions to stress test.
It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.
“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.
“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.
“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”
News
Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju
Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.
Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.
He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.
“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.
“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?
“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.
“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.
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