News
CBN: Senate screens Cardoso, Others on Thursday
The Senate will upon resumption from its annual recess on Tuesday screen the Presidential nominee for the position of the Central Bank of Nigeria, CBN, Olayemi Michael CARDOSO.
The upper legislative chamber will also screen four nominees for the positions of CBN Deputy Governors, who are expected to join Cardoso to manage Nigeria’s monetary policy in the next five years.
In a statement by the Senate Leader, Opeyemi BAMIDELE, the senate will screen all the nominees as soon as it returns to plenary on Tuesday in a Committee of the Whole .
The statement said: “The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26.
We will consider the screening of Dr. Cardoso at the Committee of the whole. “Dr. Cardoso will be screened alongside four deputy governors namely Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.
The statement also disclosed that Senate has scheduled to screen the ministerial nominees – Dr. Jamila Bio Ibrahim and Ayodele Olawande, as Minister of Youth and Minister of State for Youth on October 3.
President Bola Tinubu had on September 15 approved the nomination of Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN).
CARDOSO comes with a lot of pedigree as former Chairman of the Board of Citi Bank Nigeria for the position of the apex bank.
He also approved the nomination of four deputy governors for a term of five years each at the first instance, pending their confirmation by the Senate of the Federal Republic of Nigeria.
News
Akran of Badagry is dead, aged 89
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
Photo: Akran of Badagry, De Wheno Aholu Menu-Toyi
The traditional ruler of the Badagry local government area in Lagos State, the Akran of Badagry, De Wheno Aholu Menu-Toyi, is dead, aged 89.
The demise of the monarch marks the end of his 48-year reign on the throne, making him one of the longest-serving traditional rulers in Lagos State.
According to the palace, the Akran was pronounced dead by medical experts, after a brief illness, and the traditional rites for his burial have gradually commenced.
Residents of Badagry, who are currently mourning the loss of their revered monarch, described his death as a heavy blow, noting that the town has lost not just a king but a father figure whose wisdom, counsel and presence brought reassurance in moments of uncertainty.
News
Osun sues UBA, officials to court over illegal LG accounts
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories…
• Map of Osun State
The Osun State Government has instituted a criminal case against United Bank for Africa Plc (UBA) and four of its top officials over alleged illegal opening of local government accounts.
Tribune newspaper reported that the Chief Magistrate Court, sitting in Osogbo, Osun State, has fixed January 30 for the hearing of the case, marked Charge No: MOS/601c/2025.
The defendants in the suit are: the UBA Plc, its Group Managing Director, Mr Oliver Alawuba, the Company Secretary and Group Legal Adviser, Mr Billy Odum and the Deputy Managing Director, Mr Chukwuma Nweke.
In the charge sheet, the government filed the 31-count charge against the bank and its officials, with each count relating to alleged infractions involving opening of bank accounts for the state’s 30 local government councils.
In count one, the prosecution alleged that the defendants, on or about December 9, 2025, and on subsequent days, at UBA’S Osun State branch office located in the Olonkoro area of Osogbo, conspired to commit a felony by opening, operating and maintaining what it described as illegal Osun State Local Government Council accounts.
The alleged offence, the charge stated, occurred within the Osogbo Magisterial District and is said to be contrary to and punishable under Section 516 of the Criminal Code, Cap 34, Volume 2, Laws of Osun State of Nigeria, 2002.
They were specifically accused of allowing the opening, operation and maintenance of accounts for each of the local government councils “by unknown private individuals as signatories” after the Local Government Service Commission had introduced to the defendants, Directors of Administration and General Services and Directors of Finance of all the local governments as signatories to the councils’ statutory accounts “and thereby committed an offence contrary to Sections 2 and 3 (1) and (2), and punishable under Section 5(1) and (2) of Osun State Local Government Accounts Administration Law, 2025.”
News
Umahi: We’re not tolling Third Mainland Bridge
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
• Third Mainland Bridge
The Minister of Works Senator Dave Umahi has confirmed that the Federal Government has no plan to toll the rehabilitated Third Mainland Bridge in Lagos.
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
He said : “We will not engage construction on this bridge because it will entail static load on the bridge.
“It is also within the town, so it will introduce many bottlenecks; that is why we are not tolling this bridge,” he said.
Umahi said that security would be handled by the police, noting that the 11-kilometre bridge would have a five-minute response time.
-
Health2 days agoEuracare Hospital replies Chimamanda Adichie, Clarifying Nkanu’s Death
-
News3 days agoLASG Announces Traffic Diversion Tonight At Fadeyi, Ojuelegba Bridge
-
Crime2 days agoTragic: Husband’s Body Found Days After Wife’s Killing
-
Sports2 days agoSuper Eagles beat Algeria 2–0, Atiku,Obi applaud the team
-
Sports2 days agoAFCON 2025: Billionaire Abdul Samad Rabiu promises Super Eagles Over USD1.5m if they win Semifinal
-
Health19 hours agoChimamanda Drags Euracare Hospital to Court Over Son’s Death
-
Crime3 days agoChimamanda Ngozi Adichie blames Euracare Hospital for son’s death
-
News2 days agoDr. Esege Nwandu Challenges Euracare Hospital’s Statement over Nephew’s Death
