Author: Abdallah el-Kurebe

The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Monday, secured the conviction and sentencing of one Anthony Celestine on a one count charge of possession of fraudulent document before Justice Darius Khobo of the Kaduna State High Court, Kaduna. The charge reads, “that you Anthony Celestine, on or about the 22nd of May, 2021 in Kaduna within the Jurisdiction of this Honourable Court and with intent to defraud, had in your possession fraudulent documents which you intended to use for the purpose of soliciting for investment in Bitcoin from the unsuspecting members of the public…

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Speed read Biobanking is the collection and processing of biological samples and data for research Large-scale collection could speed up research on health and diseases Infrastructure must be supported to fulfil potential, say experts Increasing the availability of high-quality biological samples through biobanks has the potential to advance global health research and speed up progress towards Sustainable Development Goals such as achieving universal health coverage, a UN science summit has heard. Biobanking is the process by which samples of bodily fluid or tissue are collected, annotated, stored and redistributed for research to improve understanding of health and diseases. The COVID-19…

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Implementing cybersecurity basics is key to reducing risk and building cyber-resilience With remote and hybrid working a new ‘normal’ and cybercrime escalating at a rapid rate, more businesses are at risk than ever before. Quentyn Taylor, Director of Information Security at Canon Europe, Middle East and Africa, says implementing cybersecurity basics is key to reducing risk and building cyber-resilience. Recent rapid digital transformation and reliance on cloud-based solutions has made businesses – in Africa as in the rest of the world – more vulnerable to cybercrime. In today’s global village getting hacked or being the victim of cybercrime inevitable. The…

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Lagos state governor, Babajide Sanwo-Olu on Monday advocated an upward review to 42 per cent the revenue accruing to states from the Federation Account. Sanwo-Olu said that an upward review to 42 per cent would enable the states to cater for their rising responsibilities. Sanwo-Olu made the call at a two-day South-West Zonal public hearing on Review of Allocation formula by the Revenue Mobilization Allocation and Fiscal Commission (RMADC). The two-day event, held at Victoria Island, Lagos, had in attendance all the representatives of the South-West states. Under the current revenue sharing formula, the Federal Government takes 52.68 per cent,…

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A Federal High Court, Abuja on Monday, dismissed the application filed by Sen. Ali Ndume, seeking an order to discharge him as Abdulrasheed Maina’s surety, after he jumped bail. Justice Okon Abang, in a ruling, held that the application filed by Ndume amounted to an abuse of court process, having filed an appeal before the Court of Appeal, Abuja on the same matter. Maina, chairman, defunct Pension Reformed Task Team (PRTT), had, around September 2020, jumped bail after he was released from Kuje Correctional Service Centre on July 27 nine months after he was arraigned. The ex-pension reformed boss was,…

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Nigeria: 31.7% youths lack access to bank loans for businesses – NBS The National Bureau of Statistics (NBS) says that 31.7 per cent of youths in Nigeria lack access to bank loans to finance their businesses due to high interest rates. The bureau said this in its National Youth Survey for 2020, obtained from its website in Abuja on Monday. According to it, the report is a collaborative effort between the Federal Ministry of Youth and Sports Development and the NBS. It also said that stringent bank polices, government policies and other measures adopted by banking institutions make it difficult…

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A Federal High Court, Abuja on Monday fixed January 24, 2022 for a suit filed by the Asset Management Corporation of Nigeria (AMCON), seeking a stay of execution of orders it granted the businessman, Jimoh Ibrahim, over alleged N69 billion debt. Justice Okon Abang fixed the date, following AMCON’s appeal filed against the order at the Court of Appeal. Justice Abang ruled that the adjourned date would either be to mention the suit or abide by the Appeal Court decision on the matter. Although counsel to AMCON was not in court, Mr Ibrahim was represented by Oladele Oyelami, who held…

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Mr Olamilekan Bello, a lecturer in the Department of Biochemistry, University of Ilorin, has discovered that humans can be protected from the negative effects of radiation through regular consumption of Jute Mellow and powdered Baobab leaf. Jute leaf is popularly called ewedu among the Yorubas, ahingbara in Igbo and rama in Hausa, while powdered baobab is Luru or kuka. Bello disclosed this on Monday while defending his Ph.D. thesis titled; “Protective and Ameliorative Effects of Adansonia digitata and Corehorous Olitorius leave-based diet on a gamma-irradiated cellular system of rat”. He said that human exposure to telecommunication mast poses a threat…

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The Nigeria Customs Service (NCS) has intercepted 15 sacks of pangolin scales weighing 1,014.5kg with a Duty Paid Value of over N1.7 billion in Lagos. The Comptroller General of Customs, Col. Hameed Ali (Rtd) disclosed this in a media conference in Lagos, on Monday. Ali who was represented by the spokesperson of the Customs, DC Joseph Attah added that two suspects were arrested with the items. He noted that “this criminality was not essentially a Nigerian thing, sadly some foreigners with active connivance of few Nigerians are bent on using our dear country as a transit route for illegal wild…

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The cost of governance in Nigeria is skyrocketing to high heaven; the tree is still growing with multiple branches. Let us ask pertinent questions; how much does it cost to govern Nigeria as a nation in a day, month, or year? Does Nigeria generate adequate income to meet its cost of governance annually? Nigeria’s leadership habitually outcries on the need to reduce the cost of governance but consistently fail to do so woefully, why? These are difficult questions to answer. The first question is the most difficult because the cost of governance includes expenditure on “security”, known and unknown salaries,…

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