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World Leaks

Tinubu’s aide distributes generators in N/East

The Senior Special Assistant (SSA) to the President on Community Engagement (North East), Abdulhamid Yahaya Abba, has donated generators to over 200 entrepreneurs in the region. The gesture was disclosed in a statement signed by the Director of Media and Information Office of the SSA, Umar Khaleepha. The statement reads in part: “This initiative is […]

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FCT indigenes demand federal appointments

Natives of the Federal Capital Territory (FCT) have urged President Bola Tinubu to appoint FCT indigenes as commissioners in federal parastatals within the territory in line with the principles of federal character and the constitution. They emphasized that the inclusion of FCT natives in such positions is critical to upholding the rule of law and […]

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Kwara CJ pardons 3 inmates

Three inmates have regained their freedom following the intervention of the Chief Judge (CJ) of Kwara State, Justice Abiodun Ayodele Adebara. They were pardoned after their cases were reviewed during a visit to the Old Oke Kura and Mandala custodial centres. Speaking during the occasion, Justice Adebara said the custodial facilities in the state were […]

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CBN to now charge cybercrime levy at 0.005% in new guidelines

Reconstitutes Keystone Bank’s board   The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year. This levy, which has sparked debate among Nigerians, is mandated by the Cybercrime (Prohibition, Prevention, etc.) Act of […]

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Kano government, address the abandoned 44 LGA technical schools

It is widely recognised across Kano State that the 44 LGA day technical schools have been left abandoned, with construction incomplete. These schools were established in 2012 during the second tenure of former governor, Senator Rabi’u Musa Kwankwaso. The initial progress on these schools was swift under Kwankwaso’s administration. However, the subsequent government, led by […]

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Managing Nigeria’s petrol prices: The way forward

In Nigeria, fluctuating petrol prices have long been a source of frustration to citizens. It’s not just about the financial strain—it impacts daily life, from commuting to work to powering homes. The government faces immense challenges, balancing affordable fuel prices with foreign exchange rate volatility and maintaining a sustainable oil and gas sector. Add the […]

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Jaiz wins 2024 Global Most Promising Islamic Bank Award

Jaiz Bank, Nigeria’s pioneer Non-Interest Bank, has emerged the global Most Promising Islamic Bank in 2024. The Global Islamic Finance Awards (GIFA) yesterday announced Jaiz Bank the overall winner in this category over two other nominees of equal pedigrees, during the Global Islamic Finance Summit (GIFS) and awards ceremony in the picturesque Republic of Maldives. […]

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Recapitalisation: Investors inject N75bn into Sterling HoldCo

As part of its drive to meet the Central Bank of Nigeria (CBN’s) recapitalisation requirements, investors of Sterling Financial Holdings Company PLC have injected $50m (about N75bn) into the institution. The capital injection was achieved through a private placement from a consortium of domestic investors and ultra-high-networth groups in Lagos last week and is in […]

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