Author: straightnewsng.com

The suspension of Godwin Emefiele, Central Bank of Nigeria (CBN) governor from office has elicited positive and negative comments from members of the public. President Bola Tinubu on Friday suspended Emefiele following ongoing investigation of his office and the planned reforms in the financial sector of the economy. Consequently, the Department of State Services (DSS) has reportedly arrested and put Emefiele in its custody. Also read:  DSS Arrests former CBN Governor Emefiele Despite the suspension, he is still the CBN Governor pending his removal under the CBN Act. Recall that Sanusi Lamido Sanusi was equally suspended from office by the Jonathan…

Manchester City  is chasing history in Saturday’s UEFA Champions League final against Inter Milan. In addition to seeking its first Champions League trophy, Man City is vying for the rarely accomplished treble: Winning the Premier League title, FA Cup and Champions League in the same season. Not since 1999 had an English team accomplished that feat, when Sir Alex Ferguson’s Manchester United squad secured all three prestigious trophies. Pep Guardiola has Manchester City in the UEFA Champions League final for the second time in three years, having lost the 2021 fianl 1-0 to Premier League rival Chelsea. This time, Man City enters…

Human rights lawyer, Inibehe Effiong has expressed surprise that another Nigerian is contesting the 100 hours, 40 minutes set by Hilda Baci in the marathon cooking without her certification by Guinness World Records. Inibehe Effiong in his Twitter handle on Thursday wrote ‘‘Hilda’s record has not been certified. Yet, a certain chef in Ekiti State is reportedly trying to upturn her record.’’ Recall that Baci had embarked on the cooking marathon in a quest to break the record set by Indian chef, Lata Tondon. Baci broke the Tondon record of 87 hours, 40 minutes, after cooking for four days. According…

The Directorate of State Services (DSS) has arrested and taken Mr. Godwin Emefiele, the immediate past governor of Central Bank of Nigeria into its custody.  Few hours ago, President Bola Tinubu suspended the CBN Governor and directed him to hand over to the most senior director in the apex bank. Emefiele is expected to hand over to the CBN Deputy Governor (Operations), Folashodu Adebisi Shonubi pending full investigations of the issues raised against him. With the arrest, Emefiele will answer charges bordering on aiding and abetting terrorism, money laundering, fraud, mismanagement of interventionist funds bought against during the era of…

Nigeria’s President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.  “President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a Friday statement. “This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy. “Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate), who will act…

After a keenly contested election, Udeme Otong representing Abak State Constituency has emerged the Speaker of the 8th Akwa Ibom House of Assembly. Mr Otong, a two-term lawmaker, emerged after securing 20 votes to defeat his only contender, Ukpong Akpabio, who scored six votes. Mr Akpabio (PDP) who is representing Essien Udim State Constituency and is a cousin to Senator Godswill Akpabio, the Senate President hopeful is a first-term legislator. Also read: Journalists stranded at inaugural 8th Akwa Ibom House of Assembly Both are from Akwa Ibom North West Senatorial District in the state. Also, Kufreabasi Edidem (PDP), representing Itu…

Nigerian states and private companies are permitted to generate electricity as President Bola Tinubu assented the 2023 Electricity Bill into law. The Electricity Act passed in July 2022 under the Muhammadu Buhari administration will replace the Electricity and Power Sector Reform Act of 2005. The president revealed that the aim of the act is to create a comprehensive legal and institutional framework to guide the NESI and consolidates all legislations dealing with the electricity supply industry to provide an ideal Institutional framework. Also read: Nigerian States Can Now Generate, Distribute Electricity- Buhari The Act will bring about the de-monopolization of…

The Institute of Chartered Accountants of Nigeria (ICAN), Uyo and District Society for the 2023/2024 Chairmanship year is headed by Mr. Udo  Sam Umoatan. Umoatan is a one-time International President of Mboho Mkparawa Ibibio, former Chairman of Mkpat Enin Local Government Area, Elder in Qua Iboe Church and a Fellow, Chartered Accountants (FCA). The 10-man executive was elected at the Annual General Meeting of the body on May 25, 2023 at Bezaleel Event Center, State House of Assembly Road, Uyo. Mr. Edidem Okon Utuk, FCA is the Vice Chairman; Mr. Enefiok Peter, FCA, Deputy Vice Chairman; Mr. Ifiok Okon Udo,…

Our correspondent Journalists who were denied access from covering the inauguration of the 8th Akwa Ibom House of Assembly  in Uyo on Friday, June 9 became stranded. Straightnews online reporter who arrived at the main gate of the house discovered that few names of journalists were said to be included in the list screened by security operatives before the so-called invited were allowed into the expansive house complex measuring more than 2000/2 metres. Apart from our reporter, one of the editors of Akwa Ibom Broadcasting Corporation (Radio service), Apostle Samuel Jonah and Ifiok Abia of The Nation League, video cameramen,…

Akwa Ibom State Governor, Pastor Umo Eno has sought strategic partnerships with the Federal Government in key critical areas of development. These areas include granting export licence to Ibom Deep Seaport, granting free zone to Maintenance, Repairs and Overhauling (MRO) facility in Victor Attah International Airport. Eno stated this on Thursday while briefing State House correspondents after a closed-door meeting with President Bola Tinubu at the Presidential Villa, Abuja. He said “Politics is over and governance has started. So, Akwa Ibom is an integral part of Nigeria and we have to work with the federal government to ensure that Akwa…