Recall that, in 2023, the Economic and Financial Crimes Commission (EFCC), arraigned Mr Bello, along with two others, before Justice J.K. Omotosho of the Abuja Division of the Federal High Court on 18 charges, and the court admitted them to N500 million bail on February 20, 2023.
Author: Abdoulaye Kay
In 2001, during my postgraduate program in Montpellier, South France, one of the most observable features of banks in France was the sparse population in banking halls. You can hardly see ten people in the banking halls, comprising bank workers and customers. The only reason for a customer to be in the banking hall is to open a new account or negotiate a loan, not to withdraw cash or make a deposit. ATMs perfectly serve these functions. Even when you need a bank statement, a printing machine is poised at the gate for the customer’s self-service. Then, banking operations in France were about 70% digital. I am happy today in Nigeria; we are almost reaching where developed countries like France were over twenty years ago in banking operations. The advent of ICT has globalized all developmental sectors and made banking services effective, efficient, and timely. Nigeria has the potential and wherewithal to be on par with any nation in ICT and innovative technologies for the nation’s development. However, we still face poor infrastructure, human resistance against change, sabotage by the beneficiaries of the old order, and other mundane and archaic reasons to slow down progress. The plan to relocate the Central Bank of Nigeria from Abuja to Lagos can be viewed within this context.
The police, in a statement by its spokesperson, ACP Muyiwa Adejobi on Thursday, said following a recent trend on social media where some individuals who identify as queer were visibly encouraging and associating themselves with activities perceived to be unnatural in light of Nigerian Laws.
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Former Peoples Democratic Party (PDP) governors have endorsed Earl Osaro Onaiwu’s bid for the governorship of Edo State.
The Federal Ministry of Health, through the National HIV/AIDS, Viral Hepatitis, and STIs Control Programme (NASCP) on Thursday in Abuja launched the Early Infant Diagnosis (EID) Optimization Toolkits for Taraba and Rivers
The Health Sector Reform Coalition (HSRC) in Nigeria has urged the U.S. government to continue its leading role in tackling healthcare challenges in Africa.
The UN Children’s Fund (UNICEF) has reported that 25 per cent of annual investments in Nigeria’s water and sanitation sector were compromised due to inadequate operation and maintenance, along with infrastructure dysfunction.
According to him, “it is inconceivable for the Federal Government to take a loan of $3.3 billion with an interest rate that is not more than 12 per cent, but with estimated repayment amounting to $12 billion”, adding that it is also that “Nigeria’s current Barrels Produced Daily (BPD) is 1.38 million, and according to the Project Gazelle deal, Nigeria is to supply 90,000 Barrels of its daily production, starting from 2024 till it is up to 164.25 million barrels for the repayment of the loan.”
The social media group, Meta, has rolled out new features that will place further restrictions on how teens receive messages on Facebook and Instagram.
