Author: Citynews

The immediate past Chairman of the Peoples Democratic Party (PDP) in the Southwest, Chief Eddy Olafeso, on Friday, met with Members of the State Executive Committee and Local Government Chairmen of the party in Ondo State to seek their supports ahead of the Southwest Zonal Congress. Olafeso who is seeking a second term for the office of the National Vice Chairman of the party in Southwest decided to return home to seek the support of his people after receiving the backing of prominent leaders of the PDP in five states of the Southwest which includes Oyo, Ekiti, Osun, Ogun and…

Stakeholders have expressed divergent views on the recent approval of the additional 20 private universities in the country by the Federal Government. They expressed their views on the development in separate interviews with the Newsmen Abuja on Friday. It would be recalled that the Federal Executive Council (FEC) had on Wednesday given the approval of the establishment of the universities, bringing the number of private universities to 99. Prof. Gregory Ibe, the Chairman, Proprietors of Private Universities in Nigeria, described the establishment of the new institutions as a giant stride and commended President Muhammadu Buhari and the executive council for the…

It is bad news for investors of cryptocurrency in Nigeria the Central Bank says with immediate effect, account for persons and entities dealing in cryptocurrency are to be closed. This directive was handed down in a circular by the apex bank and signed by the directors of banking supervision as well as the payment systems management department to all Deposit Money Banks, DMBS, non banking financial institutions, and other financial institution. In the circular, institutions were warned that failure or breaches of the directives to identify and close cryptocurrency exchange accounts will attract severe regulatory sanctions. This is not the…

By Adeyemi Obadimu In line to eradicate poverty in Ogun State, Igbalaye Ayodele Foundation ( IAF) has empowered Nothing less than 100 People in Abeokuta South Local Government, Ogun State Capital today as part of his contribution to boost the Small and Medium Enterprises (SMEs) in the State. IAF was founded by the Former Labour Party Candidate in the last election who is also the Registrar of ESTG University. Hon Igbalaye Ayodele Wasiu Popularly Known as (IWA) In a press release made available to journalists by his media adviser, Adeyemi Obadimu said SMEs play a mojor role in most economies,…

One of Nigeria’s most innovative and digitally led financial institutions, Wema Bank has set out to make this season of love as eventful as possible for customers with its ‘14 Days of Love with 945’ promo. The two-week-long promo will see the bank giveaway goody bags, airtime and even data bonuses to bring the spirit of love, good cheer and fun to all this season. The social media campaign (hyperlink: http://bit.ly/WemaALATsocial), slated for February 5 – 18, 2021, aims to encourage new and existing customers to transact and pay bills with the *945# codes for a chance to win prizes.…

Senator representing Osun Central Senatorial District, Dr Ajibola Basiru says the transition of the Akirun of Ikirun land, Oba AbduRauf Olayiwola Adedeji is the end of a glorious monarchical era. In a condolence message to the Adedeji Royal family and the people of Ikirun, Spokesperson of the Senate, Senator Basiru described the news of the passage of the famed monarch as schoking, particularly at this time when progressive politics is again finding its feet on the nation’s political turf. “Baba was a traditional ruler whose loyalty for any cause he believed in was never in doubt. His stand for truth…

FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”). Speaking on the appointments, the Group Chairman of FBN Holdings Plc, Dr. Oba Otudeko, CFR, said, “On behalf of the board, management and staff of FBNHoldings, I am delighted to welcome the trio of Seni Adetu, Mrs. Juliet Anammah and Otu Hughes to the FBNHoldings board as they bring on board their combined…

The Federal Executive Council has approved a memo from the Ministry of Education for the establishment of 20 new private universities across the country. The 20 new private universities are to be given provisional licenses to run for three years while the ministry monitors and evaluates their growth. This brings the total number of private universities in the country to 99. Also during the meeting, members observed a minute of silence for two late cabinet members who died recently. The minute of silence was observed just before the commencement of the weekly meeting which was presided over by President Muhammadu…

Three police officers with the Ebonyi Police Command were killed on Wednesday in a road accident at the Isieke Junction on Abakaliki-Enugu Expressway. The State Commissioner of Police, Mr Garba Aliyu, who confirmed the incident in a telephone interview with some journalists, said that 10 other police officers sustained injuries. “Yes, I am in the hospital now, we lost three officers while 10 others are under intensive care in the hospital,“ he said. According to Garba, the accident happened while the officers were returning from a “peace-keeping-mission” after a communal crisis in Ezza-Effium, Ohaukwu Local Government Area of the state. Newsjaunts…

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has congratulated Prince Olagunsoye Oyinlola, a former Governor of Osun on his 70th birthday. The Ooni felicitated with the former governor in a statement issued by his Director of Media and Public Affairs, Comrade Moses Olafare on Wednesday in Ile-Ife. Ogunwusi described Oyinlola as a cultured Yoruba prince, a worthy politician and an elder statesman per excellence. He said that the ex-governor had always lived a life of service to humanity, including his days as a gallant officer in the Nigerian Army. “The good works of Prince Oyinlola during his days as…