The Central Bank of Nigeria on Monday lamented the rising cases of financial crimes in the country, noting that the trend was raising serious concerns about the integrity of the financial system. The Acting Governor, CBN, Dr. Sarah Alade, stated this in Abuja at the opening session of the regional course on combating money laundering and other financial crimes.
Updated 6 Years ago

An associate of Villareal striker Ikechukwu Uche has said that the player was denied a spot in the Super Eagles list released by Stephen Keshi because the call he made to the Nigeria coach was considered late. The Uche associate, who was privy to the telephone exchange between both men, spoke with The PUNCH on the condition of anonymity. He said the underlying difference between the player and Keshi that denied Uche a call-up was because the coach considered his call very late. Uche spoke with Keshi two weeks ago before the 30-man provisional list was released.
Updated 6 Years ago

Two eminent Nigerians, Gen. Theophlius Danjuma (retd) and Chief Olu Akinkugbe, have promised to strengthen law education in Africa, CHARLES ABAH reports A former Minister of Defence, Gen. Theophilus Danjuma (retd), and Chief Olu Akinkugbe, do not belong to the same profession. Danjuma is a retired general and Chief of Army Staff, while Akinkugbe is a renowned pharmacist and entrepreneur.
Updated 6 Years ago

Asamoah Gyan and Sulley Muntari are in line to appear at their third FIFA World Cup after being named in Ghana’s 26-man provisional squad. All participating nations are required to submit provisional squad lists by Tuesday, with those groups being trimmed to 23 players by June 2.
Updated 6 Years ago

Mobile Police Barracks MOPOL 8, in Jos, the Plateau State capital has arrested a suspected terrorist yesterday. LEADERSHIP gathered that the middle age man was arrested by the men of the state police command after seeing him wandering close to the fence of the police station.
Updated 6 Years ago

Efforts by the House Committee on Education to bring to an end the protracted strike action by the Academic Union of Polytechnics (ASUP) was yesterday dampened following the disclosure by the Ministry of Education that the salary arrears of polytechnic staff, which is one of their demands, was not captured in the 2014 budget. This was disclosed by the representative of the Minister of Education, Mr Wyosom Wike, Mr McJohn Nwaobiala, who is the permanent secretary of the Ministry of Education, who also added that the federal government will release the white paper on the visitation panel to federal polytechnics this week or next.
Updated 6 Years ago

It was another sweet victory for suspended governor of the Central Bank of Nigeria (CBN) as Justice John Tsoho of the Federal High Court in Lagos yesterday barred the Financial Reporting Council of Nigeria (FRCN) from further investigating him. Justice Tsoho made this order while delivering judgment in a suit filed by the suspended CBN governor against the FRCN and its executive secretary, Jim Osanyade Obase. The court described the action taken by the FRCN so far as biased, malicious, premeditated, frivolous, deliberately skewed, malafide and abuse of executive power.
Updated 6 Years ago

More than three million people died from using alcohol in 2012 for reasons ranging from cancer to violence, the World Health Organisation said yesterday. While it called on governments to do more to limit the damage, a WHO expert on chronic disease and mental health, Oleg Chestnov, said, “More needs to be done to protect populations from the negative health consequences of alcohol consumption.”
Updated 6 Years ago

China’s economic slowdown deepened with unexpected decelerations in industrial output, investment and retail sales, testing policy makers’ reluctance to step up monetary stimulus. Factory production rose 8.7 percent in April from a year earlier, the National Bureau of Statistics said today in Beijing, compared with the 8.9 percent median estimate of analysts surveyed byBloomberg News. Fixed-asset investment increased 17.3 percent in the first four months of the year, and retail sales advanced 11.9 percent in April.
Updated 6 Years ago

Working in Asia? Cloud computing could soon make your relationship with cubicles a thing of the past, according to real-estate services firm Jones Lang Lasalle (JLL). In a report titled "Asia Offices 2020," JLL said it expects Asia's heavyweight cities - Singapore, Mumbai, Hong Kong, Shanghai, Sydney and Tokyo - to move towards open, efficient and collaborative working environments similar to the much-envied offices of Google and Facebook.
Updated 6 Years ago