Today's Headlines: Don’t fall for IPOB’s antics, Kanu must face trial, CNG tells Tinubu., Fresh Crisis Loom In PDP Over Tinubu Cabinet
Don’t fall for IPOB’s antics, Kanu must face trial, CNG tells Tinubu.
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The Coalition of Northern Groups, CNG, has urged President Bola Ahmed Tinubu not to fall for the antics of the Indigenous People of Biafra, IPOB, insisting that the leader of IPOB, Nnamdi Kanu must face trial.
CNG in a statement on Saturday by its spokesperson, Abdul-Azeez Suleiman, lamented the level of insecurity plaguing the south-eastern part of Nigeria, calling on the federal authorities to resist campaigns of blackmail using Kanu’s release as a precondition for sustainable peace in the land.
Suleiman further charged the federal authorities to disregard the unpatriotic calls by the Igbo leaders for Kanu’s release, and to remain resolute in seeing through his prosecution.
Fresh crisis looms in PDP over Tinubu’s cabinet
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A fresh crisis may be brewing in the Peoples Democratic Party (PDP) as some leaders of the opposition party are allegedly pushing for the immediate expulsion of any of its chieftains that accepts to serve in the yet to be unfolded cabinet of President Bola Ahmed Tinubu, Assistant Editor, ‘Dare Odufowokan, reports.
HERE are indications that interest groups within the opposition Peoples Democratic Party (PDP) are once again set to engage each other in another round of face off over alleged plans by President Bola Ahmed Tinubu to name some chieftains of the troubled party in his ministerial list as well as consider others for some other roles in his administration.
A competent source within the party told The Nation that opposing forces within the party are preparing to slug it out over the plot to push for the expulsion of PDP chieftains that agree to serve in the Tinubu administration. It was also gathered that supporters of Atiku Abubakar, the party’s 2023 presidential candidate and those backing former Governor Nyesom Wike of Rivers state, are set to engage each other in an open war for the control of the party.
The crisis in the PDP has its root in the outcome of the party’s presidential primary election, where Wike, lost to the former vice-president, Atiku and Atiku’s decision to pick the then Delta State governor, Ifeanyi Okowa, as his running mate against the recommendation of a committee chaired by Samuel Ortom, which reportedly recommended Wike as the PDP vice presidential candidate. Wike failed to support Atiku during the general elections and, instead, worked for Tinubu, who won the election.
Court sentences romance scammer to one year in prison
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A Federal High Court in Port Harcourt on Wednesday sentenced a romance scammer to one year in prison for impersonation and possession of fraudulent documents.
The convict, Silvar Uzoeto, was prosecuted by the Port Harcourt zonal command of the Economic and Financial Crimes Commission (EFCC).
The anti-graft agency said Mr Uzoeto, also known as “William Parker”, was into “dating scam” and created 32 fake email accounts, which he uses in his “ignoble trade.”
The convict was arrested in June during a sting operation at Golf Estate in Port Harcourt, EFCC said in a statement posted on Twitter on Friday.
According to the commission, Mr Uzoeto, a Nigerian, disguised himself as an American, William Parker, and used the email address [email protected] to send a photograph (of William Parker) to an American woman, Jenni Reed, with the intent to gain advantage for himself.
New CBN rule requires investors to get approval to acquire 5% stake in holding companies.
Photo credit: The Cable
The Central Bank of Nigeria (CBN) has restricted the acquisition of controlling stakes in financial holding companies (FHCs).
The apex bank said any investor looking to acquire up to 5 percent of any FHC would need prior approval from it.
A FHC is a company that controls a group of financial institutions engaged in financial activities such as insurance, banking and securities dealing.
Banks such as UBA Group, First City Monument Bank (FCMB), Stanbic IBTC Bank, Access Bank and First Bank have adopted the holding company structure to diversify their portfolio and earnings.
The directive is contained in a circular dated July 13, 2023 and signed by Chibuzo Efobi, director of the financial policy and regulation department.
The circular titled ‘Corporate Governance Guidelines’ was addressed to all commercial, merchant, non-interest and payment service banks, and financial holding companies.
The CBN said the effective date of the new guidelines is August 1, 2023.
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