Author: Vincent Osuwo

Emefiele prays court to foreclose prosecution over procurement fraud

The trial of Mr. Godwin Emefiele, former Governor of the Central Bank of Nigeria, CBN, resumed on Monday before a High Court of the Federal Capital Territory, FCT, with the lead witness, Mr. Onyeka Ogbu, recounting how the defendant approved the release of $6,230,000 to international election observers. Ogbu, the first witness, PW-1, in the Economic and Financial Crimes Commission’s (EFCC) amended 20-count complaint against Emefiele, informed the court that he is a Deputy Director at the CBN in charge of branch operations. Led in evidence by the EFCC’s counsel, Mr. Rotimi Oyedepo, SAN, the witness identified several documents he…

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NLC TUC: Organized labour said its national minimum wage negotiation would be base on the current economic reality

The President of the Nigeria Labour Congress, NLC, Joe Ajaero, has announced that if the ongoing inflation continues unabated, organized labor might push for a new minimum wage of up to N1 million for Nigerian workers.  Ajaero stated that the cost of living, which has been rising since President Bola Tinubu took office, would have an impact on organized labour demand, particularly due to the withdrawal of fuel subsidies and other policies. The NLC president stated this in an interview with Arise News on Sunday evening. He said, “This N1 million may be relevant if the value of the Nigerian…

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Condom prices to rise 30% as Iran war hits supply

The National Agency for the Control of AIDS (NACA) has encouraged Nigerians to safeguard themselves and prioritize their safety and well-being while showing love during Valentine’s Day.  The agency announced this in a statement signed by Toyin Aderibigbe, the NACA’s Head of Public Relations and Protocol, ahead of Valentine’s Day. Valentine’s Day is celebrated annually on February 14 to share love and gifts. Dr. Gambo Aliyu, the Director General of NACA, said, “As people celebrate love on Valentine’s Day, we want everyone to enjoy it while prioritizing their well-being. “NACA encourages individuals to adopt a comprehensive approach to love, which…

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AFCON 2023: Peseiro admits his Super Eagles winning strategy suffered

Jose Mourinho has described his compatriot and Super Eagles coach, Jose Peseiro, as his best friend. The recently sacked AS Roma coach was touted as the one who recommended Peseiro to the Nigeria Football Federation, and ahead of Sunday’s Africa Cup of Nations final against hosts Ivory Coast, Mourinho sent some goodwill messages to his compatriot. “My best friend in football is in the final. The Nigerian coach is my best friend. We grew up together. We studied together. We went to university on the same day. We spent five years together, every day. We left at the same time,”…

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Plateau youths raise alarm over fresh terror attacks

Four people were killed, and one was reported to have fled, when bandits abducted five herders in Oke Irinja, Owode Yewa, Ogun State. According to reports, Adamu Saliu, 21, Aliu Babuga, 24, Dairu Salihu, 32, and Mohammed Abdulai, 35, were among the casualties of Saturday’s attack. It was reported that the four herders were abducted in a bush in the community. According to a police source, the bodies of the slain herders were discovered in a thicket along Sokoto Road in Ilobi via Owode Yewa, with ropes tied around their necks. Saliu Amodu, an eyewitness who claimed to be the…

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Group Managing Director/CEO of Access Bank Plc, Herbert Wigwe

The board of Access Holdings Plc will soon name an interim Group Chief Executive Officer to succeed Herbert Wigwe, the company’s late CEO. In a statement issued on Sunday, the company announced Wigwe’s death, together with his wife and child, in a helicopter crash in the United States on Friday. According to a statement issued by the Group Company Secretary, Sunday Ekwochi, the nomination of a new leader was consistent with the company’s policies. “In line with the company’s policy, the board will soon announce the appointment of an Acting Group Chief Executive Officer even as we remain confident that…

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Group Managing Director/CEO of Access Bank Plc, Herbert Wigwe

The United States authorities disclosed on Sunday that preliminary reports suggest that a wintry weather condition was among the factors that contributed to the chopper crash that killed the Group Chief Executive Officer, Access Holdings Plc, Herbert Wigwe. Wigwe, his wife, and their son were aboard the helicopter when it crashed in California, near the Nevada border, on Friday. Abimbola Ogunbanjo, former group chairperson of Nigerian Exchange Group Plc, was also on board the aircraft with Wigwe and others. Speaking during a media briefing on Sunday, a National Transportation Safety Board member, Michael Graham, said officials were on the scene…

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Group Managing Director/CEO of Access Bank Plc, Herbert Wigwe

Herbert Wigwe, Chief Executive Officer of Access Holdings Plc, was reportedly killed after a helicopter carrying him and five other people crashed near the California-Nevada border in the United States of America on Friday night. According to multiple media accounts, his wife, Chizoba, his son, and Abimbola Ogunbanjo, former Group Chairman of the Nigerian Exchange Group Plc, were also involved in the deadly incident. Three other, unidentified crew members died in the crash. The US Federal Aviation Administration confirmed the disaster on its website, saying, “A Eurocopter EC 130 helicopter crashed near Nipton, California, around 10 p.m. local time on…

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Group Managing Director/CEO of Access Bank Plc, Herbert Wigwe

The death of the Chief Executive Officer (CEO) of Access Holdings, Herbert Wigwe, has been announced. Wigwe was reported to be aboard a helicopter that crashed in California, United States, on Friday night. The chopper was headed to Las Vegas when it crashed near a border city between Nevada and California on Friday night, killing five other passengers on board. Here are 12 things to know about the late Access Bank boss. 1. Born in Ibadan, Oyo State, on August 15, 1966, Herbert Wigwe was an astute banker and top-notch entrepreneur. 2. He hailed from Isiokpo, Ikwerre Local Government Area…

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Katalin Novak, Hungary’s president resigns over child sexual abuse scandal

Hungary’s President Katalin Novak has resigned amid outrage over her pardoning of a man convicted in a child sexual abuse case. Novak has faced days of growing pressure to resign because of her controversial decision to pardon a man who was convicted of covering up crimes committed by a sexual predator at a children’s home. The 46-year-old said in a televised statement on Saturday that she will be stepping down from the presidency, which she has held since 2022. “I issued a pardon that caused bewilderment and unrest for many people,” Novák said on Saturday. “I made a mistake.” Novak,…

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