Author: straightnewsng.com

The Presidency said yesterday that President Muhammadu Buhari and his government will not allow the the frosty relationship that existed between the executive and the legislature in the eight National Assembly to repeat itself by allowing emergence of saboteurs in the leadership of the parliament. The relationship between the executive and the leadership of the eight National Assembly, especially the presiding officers, has not been cordial and the situation was said to have affected governance. Though President Buhari did not interfere in the election of the Senate President, Deputy Senate President, the Speaker and the deputy Speaker of the House…

Guaranty Trust Bank Plc, Wednesday, posted a profit before tax of N215.6 billion, representing an increase of 9.1 percent over the ₦197.7 billion recorded in 2017. This was contained in its audited financial results for the year ended December 31, 2018 released to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across some financial metrics and improved strategic positioning of the brand. Gross earnings for the year grew by 3.7 percent to ₦434.7 billion from ₦419.2 billion reported in the December 2017. The bank’s customer deposits increased by 10.3 percent to ₦2.274 trillion from…

A High Court of the Federal Capital Territory sitting at Apo Wednesday granted bail to two former management staffers of the defunct Skye Bank Plc, who are facing money laundering charges in the sum of N500 million each. The duo are Mr. Tunde Ayeni, chairman and Mr. Timothy Ajani Oguntayo, the Managing Director of the bank who are answering a four-count charge the Economic and Financial Crimes Commission, EFCC, preferred against them over their alleged complicity in a N456.6 billion fraud. Justice Valentine Ashi granted the former bank chiefs bail after they pleaded not guilty to the charge. Aside from…

President Muhammadu Buhari has appealed to Nigerians, especially those of voting age, to make the forthcoming Governorship and House of Assembly elections better than the presidential and National Assembly polls. The President also urged the electorate to come out en masse and cast their votes bearing in mind that Saturday’s election is close to the people. In a message to Nigerians Wednesday, Buhari commiserated with the families of those who died as a result of violence in the Presidential and National Assembly elections as well as those who sustained injuries during the exercise, appealing to the youths not to allow…

The Presidential Election Petition Tribunal sitting in Abuja Wednesday ordered the Independent National Electoral Commission, INEC, to surrender all the materials used for the February 23 presidential election for inspection. The tribunal, in a unanimous decision by a three-man panel of Justice, led by Justice Abdul Aboki, directed the electoral body to grant the Peoples Democratic Party, PDP, and its presidential candidate, Alhaji Atiku Abubakar, access to the materials. However, the panel declined to allow Atiku and PDP to conduct forensic analysis on any of the election materials, stressing that such request was outside the scope of the Electoral Act,…

As Christians are marking Ash Wednesday, the beginning of Lent, a Nigerian Catholic priest has enjoined Nigerian political leaders to refrain from using falsehood and barefaced lies to govern their subjects. Rev. Fr. Thomas Ebong, the Director of Media Communication Department, Ikot Ekpene Diocese of Catholic Church, said “The leaders should worship God in sincerity and in truth and show good example in deeds and in action. They should be honest in their dealings. Once the government releases money to them for the development of their communities, they should plough the money into that purpose instead of diverting it for…

The Joint Admissions and Matriculation Board, JAMB, has scheduled Saturday, March 23 for the conduct of its 2019 Unified Tertiary Matriculation Examination, UTME, mock exercise. A statement signed by Dr. Fabian Benjamin, its Head, Media and Publicity, on Tuesday in Abuja, said that candidates were expected to begin the printing of their Mock Examination Notification slips from Wednesday, March 6. Recall that the mock examination was introduced in 2017 to give candidates the opportunity to familiarise themselves with the conduct of Computer Based Test, CBT, particularly, candidates who are not conversant with the use of computers. It also stated that…

Kylie Jenner is officially the youngest self-made billionaire of all time, Forbes has revealed. Jenner, 21, who snatched the title from Facebook founder Mark Zuckerberg, was finally given the title after months of speculation on Tuesday by Forbes as it unveiled its annual billionaires list. Jenner is both the youngest self-made billionaire and the youngest billionaire on Forbes’ ‘young billionaires’ list. She overtakes Zuckerberg, who was 23 when he made his first billion 11 years ago in 2008. Now, he is the eighth richest person in the world with a fortune of $62.3 billion. Jenner has amassed a personal net…

The Chief of Defence Staff, General Abayomi Gabriel Olonisakin, has re-emphasized the apolitical and non-partisanship of the Armed Forces of Nigeria in the ongoing electoral process. This was contained in a Goodwill message delivered to the National Orientation Agency, NOA, at the workshop with the theme “National Dialogue on the Challenges of Vote Buying” held in Abuja yesterday. The CDS, who was represented by the Chief of Defence Civil-Military Affairs, Rear Admiral Peter Onaji, averred that the Armed Forces of Nigeria will remain professional in the defence of the territorial integrity of Nigeria and act in aid of civil authority…

The All Progressives Congress, APC, Presidential Campaign Council has denied seeking to stop Alhaji Atiku Abubakar, the Peoples Democratic Party, PDP, presidential candidate from going to court to challenge the outcome of the February 23 poll. It also distanced itself from a group which it calls itself ‘Buhari Campaign Organisation, which claimed to have been mounting campaign on the social media on behalf of the APC and President Muhammadu Buhari, and declared its readiness to meet Atiku in court. Director of Strategic Communications, APC Presidential Campaign Council, Mr. Festus Keyamo, SAN, in a statement, Tuesday, said the group should be…