Emefiele operated 593 illegal US, UK, China accounts – CBN investigator

The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of the apex bank’s board of directors and the CBN Investment Committee. The Special Investigator on the CBN and Related Entities, Jim Obaze, found that the ex-CBN governor lodged £543, 482,213 in fixed deposits in UK banks alone without authorisation. When contacted, counsel for Emefiele, Mathew Bukkaa, SAN, asked one of our correspondents to send him a text message. He has yet to reply to the message as

UK, Nigeria Partner To Boost Energy Minerals

  The United Kingdom, represented by British Deputy Prime Minister Oliver Dowden, has expressed interest in collaborating with Nigeria on energy minerals, particularly lithium. During a meeting in London with Nigeria’s Minister of Solid Minerals Development, Oladele Alake, Dowden highlighted his country’s National Economic Security Council’s interest in a comprehensive investment package focusing on the lithium value chain. A statement from the minister’s Special Adviser, Kehinde Bamigbetan, mentioned that the discussion extensively covered a detailed investment package revolving around lithium. Dowden, who chairs the British National Economic Security Council, emphasized the UK’s interest in partnering with Nigeria on energy minerals

By |December 2nd, 2023|Categories: News|Tags: , |0 Comments

Shocking as US, UK, others listed among countries with highest number of youth unemployment

Countries with the highest number of youth unemployment have been ranked. South Africa is ranked first on 62.1%, Nigeria came second in the rating on 53.4%, while Spain, 27.4%, Sweden: 24.9% and Serbia: 24.9% completed the top five countries, respectively, according to the World of Statistics. The lowest ranked countries are South Korea: 6.1%, Hong Kong: 5.5%, Japan: 4.2%, Kazakhstan: 3.6%, and Switzerland at 1.8%. Here is the ranking in full: South Africa: 62.1%, Nigeria: 53.4%, Spain: 27.4%, Sweden: 24.9% Serbia: 24.9% Sri Lanka: 23.8% Greece: 23.6% Albania: 22.5% Romania: 21.7% Iran: 21.6% China: 21.3% Italy: 21.3% Turkey: 21.6% Luxembourg:

We shed tears of joy after receiving first pay in Saudi Arabia, UK, others – Nigerian doctors

Some Nigerian doctors in Saudi Arabia, the United Kingdom and the United States of America have knocked the Federal Government for its alleged failure to invest in the health care sector.   The doctors, who spoke in separate interviews with Sunday PUNCH, said the inconsistency of the government to adequately cater for the needs of medical practitioners had led to massive brain drain in the health sector.   Some of the doctors who shared their experiences with our correspondents added that they cried and felt overwhelmed when they received their first wages, which some of them described as being 10

UK Parliament Approves Historic Brexit Deal

Britain’s parliament finally approved Brexit on Thursday, allowing it to become the first country to leave the European Union later this month, ending years of arguments that toppled two governments and splintered society. The House of Commons erupted in cheers after MPs ratified Prime Minister Boris Johnson’s divorce deal with Brussels by 330 votes to 231, turning the page on an extraordinary era of political drama and chaos. For much of the time since the 2016 Brexit referendum, lawmakers have been at each others’ throats over how, when or even if Britain should leave its closest trading partners after nearly

By |January 9th, 2020|Categories: International|Tags: |0 Comments

US/Iran Face-Off: Group raises alarm over plan to attack American, British citizens in Nigeria

The Global Action for Peace has alerted the United States of America and Britain over the safety of its citizens in Nigeria following threat by the Islamic Movement of Nigeria (IMN). The proscribed radical Islamic sect had hinted of an impending attack on foreigners after a military action by the United States of America led to the death of top Iranian military commander, General Qassem Soliemani, in Iraq. This is unsurprising as IMN, formed about four decades ago, advocates the creation of an Iranian-style Islamic state in Nigeria. It was heavily influenced by the Iranian revolution, which saw Ayatollah Khomeini

By |January 5th, 2020|Categories: News|Tags: , , , |0 Comments

Buhari relocates Presidency to UK, signs bill in UK, leaves Osinbajo floating

Amidst heightened suspicion  President Muhammadu Buhari has temporarily relocated the Presidency to the United Kingdom where he signed the Deep Offshore and Inland Basin Production Sharing Contract (PSC) Amendment Bill into law yesterday.  Starnews had reported that Buhari left Saudi Arabia on Saturday where he spent five days on an official trip, and later moved to the UK for a private visit which the presidency said will last till November 17 without handing over to Vice President Yemi Osinbajo. Daily Trust reports that while in London, Buhari yesterday announced through a post on his official Twitter handle, @MBuhari the signing

By |November 5th, 2019|Categories: News|Tags: , , |1 Comment

PDP, ADC Attack Buhari As UK Seizes Fresh N82bn Abacha Loot

A bank account containing £211m (approximately N82bn) has been traced to a former Nigerian military dictator, General Sani Abacha. The money was recovered and subsequently confiscated in Jersey, Channel Islands, on the request of the United States of America Government. Late Abacha was said to have laundered the money through the US into the Channel Islands before his death in 1998. According to a report by Metro UK on Tuesday, the money was put in accounts held in Jersey by Doraville Properties Corporation, a British Virgin Islands company. The report said the money was now being held by the government

By |June 5th, 2019|Categories: News|Tags: , , , , |0 Comments

Obasanjo, Ex-Heads of State, UK, US, Absent At Buhari’s Second Term Inauguration

— They didn’t attend inauguration of a liar, a pretender, an imposter, an election-rigger and an electoral thief, says Fani-Kayode President Olusegun Obasanjo, Goodluck Jonathan, and some past military presidents of Nigeria were absent at the inauguration of President Muhammadu Buhari for second term on Wednesday, Starnews reports. The only past head of government present at the Buhari-Osinbajo inauguration was ex-Military Head of State Gen. Yakubu Gowon (retd), who occupied the middle section of the seats reserved for people in that category. Starnews also learnt that the representative of the United Kingdom (UK) and the representative of the United State

By |May 30th, 2019|Categories: News|Tags: , , |0 Comments
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