The Economic and Financial Crimes Commission, EFCC, has said that the upsurge of corruption in the country is defeatable if every stakeholder on the anti-graft corridor makes concerted efforts.
The Commission’s chairman, Ola Olukoyede made this statement in his Eid-El-Kabir message.
He stressed that renewal of efforts towards combating all forms of economic and financial crimes is necessary to kill the menace.
“It is obvious that we can attain peace, love, progress and unity of purpose for a Nigeria free of corruption and unsavoury practices.
“Let’s keep building. Let’s keep attacking every threat to our progress. Let’s keep fighting economic and financial crimes together,” he said.
Olukoyede added that Nigerians were not inherently corrupt, and there was nothing fundamentally wrong with the nation.
The anti-graft boss felicitated with the nation on the occasion of Eid-El-Kabir, emphasizing that the lessons of the festival should drive more commitments to the anti-corruption fight.
“The lessons of forbearance, sacrifice, faith and hope in Almighty Allah which Eid teaches should imbue in us fresh desire to please God and serve our nation without corrupt practices.
“We should renew our efforts towards fighting all forms of economic and financial crimes,” he said.
Why corruption is defeatable in Nigeria — EFCC
Why corruption is defeatable in Nigeria — EFCC
Fans mourn as Nollywood actress, Stella Ikwuegbu, dies
Fans are mourning the demise of veteran Nollywood actress, Stella Ikwuegbu, who passed away Sunday night.
The tragic news of her death was disclosed by movie producer, Stanley Ontop, on his official Instagram page.
According to him, Ikwuegbu died after a prolonged battle with leg cancer.
Details later…
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Singer Eedris Abdulkareem tackles Adeboye over silence on Tinubu’s govt (Video)
Veteran Nigerian musician, Eedris Abdulkareem Ajenifuja aka Eedris Abdulkareem, has called out the General Overseer of the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, over his silence on President Bola Tinubu’s administration despite the unbearable hardship in the country.
The rapper known for his criticism of bad government policies, in a new song titled: “Emilokan” he dropped on Sunday, faulted Adeboye’s refusal to speak on the government’s actions and policies which has left the country in severe economic crisis.
He also criticized Adeboye for not mobilising his members to go on a protest march against the government like he threatened to do during former President Goodluck Jonathan’s administration.
The singer added that the influential cleric has a responsibility to speak out on national issues affecting the citizens.
He said: “Our daddy, Pastor Adeboye during Goodluck Jonathan your voice was so loud. You even vowed to stage a one million march.
READ ALSO:Singer Eedris Abdulkareem hails wife, who donated kidney, following successful kidney surgery
“Hunger and hardship under Tinubu government and you say Nigeria get spiritual problems.
“Baba, we need your one million disciples to protest against Tinubu government, just the way you protest against President Jonathan.
“Daddy Abi leg don dey pain your disciples? This na very big hypocrisy. It’s time for you to speak the truth to power because hunger wan kill Nigerians.”
The video has however sparked debate on social media with many calling for religious leaders to take a stand on political matters, while others attacked the artiste for daring to drag Adeboye in his song.
The post Singer Eedris Abdulkareem tackles Adeboye over silence on Tinubu’s govt (Video) appeared first on Latest Nigeria News | Top Stories from TVN.
Kenyan policeman shoots judge in court for revoking wife’s bail
A senior police officer was shot dead after he opened fire on a magistrate in a Nairobi courtroom, following a ruling involving his wife, BBC reports.
Chief Inspector, Samson Kipchirchir Kipruto, who was in charge of a police station in Londiani, western Kenya, attacked Makadara Principal Magistrate, Monica Kivuti.
This occurred on Thursday shortly after she cancelled bail for Kipruto’s wife due to her failure to appear in court.
Infuriated by the decision, Kipruto pulled out a gun and shot Magistrate Kivuti, wounding her, as reported by the BBC.
Court officers were reported to have immediately intervened, and in the ensuing confrontation, Kipruto was shot dead.
Three other officers were also injured during the incident, according to a police report.
The judiciary confirmed that Magistrate Kivuti had revoked the bail for an accused person who had jumped bond and did not provide satisfactory reasons for doing so.
The judiciary’s statement read, “Immediately this decision was pronounced, a person shot at the magistrate and injured her on the hip.”
It noted initial reports that indicated “that the shooter is a police officer who is married to the suspect.”
The national police service mentioned that Kipruto was present in court for “unknown reasons,” and investigations are underway to determine the circumstances that led to the shooting.
The injured magistrate and officers were initially said to be receiving treatment in the hospital.
However, on Saturday, Justice Martha K Koome wrote on X, that Makadara Principal Magistrate Monica Kivuti had “lost the fight” against her “extensive injuries”.
“It is with a heavy heart that I inform the nation that Hon. Monica Kivuti, Principal Magistrate, Makadara Law Courts has lost the fight against the extensive injuries sustained during an open gun attack in Court.”
“The Judiciary family stands in solidarity during this deeply traumatic time and calls for sensitivity and compassion as we share in grief,” said Justice Koome.
A source at Nairobi Hospital told The Star newspaper that Ms Kivuti was shot in the chest and leg.
In response, the judiciary has vowed to enhance security measures, ensuring the safety of judicial staff and court attendees.
Chief Registrar of the Judiciary Winfridah Mokaya expressed sympathy, stating, “As the judiciary family, we wish our colleague a quick recovery. We also send our condolences to the family of the officer who lost his life in this unfortunate incident.”
‘A homeboy needed to lead Edo effectively,’ Shaibu endorses APC’s Okpebholo ahead of guber poll
The former Edo State Deputy Governor, Philip Shaibu, on Sunday, declared his support for the All Progressives Congress (APC) governorship candidate in the September 21 election in the state, Monday Okpebholo.
Shaibu, who was impeached in April following a dispute with Governor Godwin Obaseki over his succession bid, spoke at a Father’s Day celebration in Benin City.
He said Okpebholo embodies the qualities of a “homeboy” needed to lead Edo State effectively.
The former deputy governor described the Peoples Democratic Party (PDP) candidate, Asue Ighodalo, as a product of godfatherism which he claimed had been eradicated from Edo State’s political landscape.
Shaibu praised former Governor Adams Oshiomhole for championing the fight against godfatherism and revealed that he had learnt valuable political strategies from Governor Obaseki during their battle against godfatherism in the 2020 election.
READ ALSO:Court adjourns Shaibu’s suit challenging impeachment to June 28
He said: “I am a very good learner and learning is what is most important in our lives and we must continue to learn till we die. Governor Obaseki says he has the right to support whoever he wants to support but he also forgot that he doesn’t have the right to stop anybody from supporting whoever they wants to support. So, it is my right to also decide who I want to support.
“I will support a homeboy. I came into the contest to be governor of Edo State because I needed governance to return to a homeboy, somebody who understands our plight and somebody who understands what the people are feeling.
“We don’t want an outsider. We have experimented with an outsider and it is not working, so this time, we want a homeboy. We have only two home boys in the major political parties; one is in the Labour Party and one is in the All Progressives Congress.
“I chose to follow the homeboy in the APC. The man they are parading in the PDP is an outsider and we have also agreed that no more godfatherism in Edo. The man the PDP is parading is the godson of Obaseki and there is no way a godson can be governor of Edo State again.”
The post ‘A homeboy needed to lead Edo effectively,’ Shaibu endorses APC’s Okpebholo ahead of guber poll appeared first on Latest Nigeria News | Top Stories from TVN.
Zenith Bank, UBA, AccessCorp, Total top list of stocks to watch this week
Zenith Bank, United Bank for Africa (UBA), AccessCorp, and Total Plc topped the lists of stocks to watch when the market opens after the Eid-El-Kabir on Wednesday.
This followed their impressive performance last week with the Nigerian stock market closing the week positively, recording three gains in four trading sessions.
During the period, investors gained N398.4 billion as market capitalisation rose to N56.5 trillion from N56.4 trillion recorded the previous week as YTD return stood at +33.64%.
Similarly, the benchmark All-Share Index (ASI) rose +0.71% to close at 99,925.29 points from 99,221.14 points the previous week.
Kindly note that TVN Stocks to Watch is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
ZENITH BANK • 36.00 0.00
The current share price of Zenith Bank is N36.00.
ZENITH BANK closed its last trading day (Friday, June 14, 2024) at 36.00 NGN per share on the Nigerian Stock Exchange (NGX). Zenith began the year with a share price of 38.65 NGN but has since lost 6.86% off that price valuation, ranking it 118th on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 11% increase in ZENITH BANK share price since May 16th, which is the 25th best on NGX.
READ ALSO:Seplat, Nascon, Dangote Sugar, FBNH top list of stocks to watch this week
Zenith Bank is the fifth most traded stock on the Nigerian Stock Exchange over the past three months (Mar 11 – Jun 14, 2024). ZENITHBANK has traded a total volume of 2 billion shares—in 36,848 deals—valued at NGN 75.1 billion over the period, with an average of 31.7 million traded shares per session. A volume high of 162 million was achieved on April 4th, and a low of 4.86 million on May 17th, for the same period.
ACCESS CORP • 18.65 ▾ 0.35 (1.84%)
The current share price of Access Holdings Plc (ACCESSCORP) is NGN 18.65. ACCESS CORP closed its last trading day (Friday, June 14, 2024) at 18.65 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.8% drop from its previous closing price of 19.00 NGN. Access began the year with a share price of 23.15 NGN but has since lost 19.4% off that price valuation, ranking it 139th on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 10% increase of ACCESSCORP share price since May 16th, which is the 26th best on NGX.
Access Holdings is the #1 most traded stock on the Nigerian Stock Exchange over the past three months (Mar 11 – Jun 14, 2024). ACCESSCORP has traded a total volume of 3.01 billion shares—in 47,201 deals—valued at NGN 56.9 billion over the period, with an average of 47.7 million traded shares per session. A volume high of 201 million was achieved on May 20th, and a low of 8.27 million on June 5th, for the same period.
UBA • 22.35 ▾ 0.65 (2.83%)
The current share price of the United Bank for Africa (UBA) is NGN 22.35. UBA closed its last trading day (Friday, June 14, 2024) at 22.35 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.8% drop from its previous closing price of 23.00 NGN. United Bank for Africa began the year with a share price of 25.65 NGN but has since lost 12.9% off that price valuation, ranking it 127th on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 7% increase of UBA share price since May 16th, which is 37th best on NGX.
United Bank for Africa is the third most traded stock on the Nigerian Stock Exchange over the past three months (Mar 11 – Jun 14, 2024). UBA has traded a total volume of 2.37 billion shares—in 39,874 deals—valued at NGN 58.6 billion over the period, with an average of 37.6 million traded shares per session. A volume high of 149 million was achieved on April 12th, and a low of 5.63 million on May 17th, for the same period.
TOTAL • 388.90 0.00
The current share price of Total Nigeria (TOTAL) is NGN 388.90. TOTAL closed its last trading day (Friday, June 14, 2024) at 388.90 NGN per share on the Nigerian Stock Exchange (NGX). Total began the year with a share price of 385.00 NGN and has since gained 1.01% on that price valuation, ranking it 66th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about TOTAL knowing the stock has accrued 21% over the past four-week period alone—10th best on NGX.
Total Nigeria is the 104th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 11 – Jun 14, 2024). TOTAL has traded a total volume of 3.13 million shares—in 2,580 deals—valued at NGN 1.09 billion over the period, with an average of 49,725 traded shares per session. A volume high of 463,079 was achieved on June 11th, and a low of 624 on June 6th, for the same period.
By: Babajide Okeowo
The post Zenith Bank, UBA, AccessCorp, Total top list of stocks to watch this week appeared first on Latest Nigeria News | Top Stories from TVN.
OKANGA ATTENDS AGILA PRAYERS AS HE PRESENTS COW AND CASH GIFT FOR TRADITIONAL THANKSGIVING, ANNUAL LAND PURIFICATION
The Honourable Member representing the good people of Ado, Ogbadibo and Okpokwu Federal Constituency, who is also the Deputy Spokesperson of the House of Representatives, Chief. Dr. Hon. Philip Agbese has donated a fat cow and some cash gift to the people of Agila in honour of their annual land purification and traditional thanksgiving known as “Otaje”.
Dr. Philip Agbese, was heavily represented by the Ado local government APC acting Chairman, Hon. Owobi Josiah, to make the presentation.
In his words, “I want to thank the Almighty God who created Agila in his benevolence and gave life to our forefathers, ancestors for his protection over every son and daughter irrespective of geographical location and for safeguarding the land despite all our adversaries in the past.
Our culture is our heritage, and we shall continue to uphold the customs and traditions that bind us together as one people together forever. It is God’s will and instructions that we should honour our father and mother so that our days on earth shall be long.
Receiving the cow and the cash gift on behalf of the “Itsogwa-Agila” was the ‘Otsonu-Agila,Chief Otse Orinya and Agada Otsepa, Chief Simon Attah Onminyi, who in their words thanked Chief Agbese for his love and magnanimous heart towards his people.
They said when the ancestors who are angels in heaven are happy, the Almighty God is also happy and will bless the land including every son and daughter of Agila with long life, prosperity and peace in their endeavours.
The traditional council prays for good health and sound mind for the Honourable member, in order to continue his good works for the people of Agila, Ado, and the entire ‘Eno’ne’.
~ ADO APC MEDIA TEAM
16/06/2024.
Top 10 stories from across Nigerian Newspapers, Monday, June 17, 2024
Here are the top 10 stories making headlines across the country.
1. Presidency fires back at New York Times, says Tinubu inherited “dead economy” in need of urgent surgery
The Presidency has launched a robust response to the New York Times’ report on Nigeria’s economic situation, characterizing the article as “jaundiced”, “misleading”, and “typical of the predetermined and derogatory manner” in which foreign media outlets often report on African countries.Read more
2. Police reacts to Sen Sani’s claim on EndSARS protesters still in detention
The Nigerian Police Force has denied comments by a former senator, Shehu Sani that some young Nigerians who were arrested during the EndSARS protest of 2020 were still in detention.Read more
3. SERAP threatens Nigerian govt over plans on minimum wage
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “ensure that his government’s proposed bill on new minimum wage for Nigerian workers is entirely consistent and compatible with Nigeria’s international obligations to promote and advance the right of workers to an adequate living wage.”Read more
4. Clark urges Tinubu to release Nnamdi Kanu, cites Bodejo’s case
In a detailed letter to President Bola Tinubu, Chief Edwin Clark, a former Federal Commissioner for Information and South-South leader, has urged the release of Nnamdi Kanu, the detained leader of the Indigenous People of Biafra (IPOB). Clark drew parallels with the case of Bello Bodejo, the President of Miyetti Allah Kautal Hore, who had terrorism charges dropped against him.Read more
5. IPOB alleges indiscriminate arrest of Igbo youths over killing of soldiers
The proscribed Igbo separatist group, Indigenous People of Biafra (IPOB), has condemned what it described as the indiscriminate arrest of innocent Igbo youths in Abia State over the killing of soldiers in the state on May 30 by gunmen during the Biafra Day commemoration.Read more
READ ALSO:Top 10 stories from across Nigerian Newspapers, Saturday, June 15, 2024
6. 160,000 kids living with HIV in Nigeria’, Christian body says
The Christian Council of Nigeria (CCN) has urged the government and relevant stakeholders to intensify efforts to combat the spread of HIV/AIDS among children in the country.Read more
7. Nigeria, other African countries’ mounting debt profile forces AfDB to inaugurate ADMIN
The mounting debt profile of Nigeria and other African countries has forced the African Development Bank (AfDB) to launch the African Debt Managers Initiative Network (ADMIN) to spur home-grown solutions to the continent’s debt challenges.Read more
8. NDLEA bust warehouse, seize N4.7bn worth of drugs, arrests siblings in Aba
The National Drug Law Enforcement Agency (NDLEA), has busted a drugs warehouse run by a cartel controlled by a drug baron identified as 49-year-old Kelechi Monday Nwaobasi and his 50-year-old elder sister, Chinwe Rose Nwaobasi.Read more
9. Sallah Day Tragedy: Gunmen attack Sokoto village, kill 10, abduct scores
At least 10 people have been confirmed killed while scores of others were abducted when gunmen suspected to be bandits attacked a village in Gwadabawa Local Government Area of Sokoto State on Sunday morning as Muslim faithful prepared to celebrate the Eid-el-Kabir.Read more
10. Champions! Enugu Rangers win eighth NPFL title
Enugu Rangers have emerged winners of the 2023-24 Nigeria Premier Football League (NPFL) title.Read more
The post Top 10 stories from across Nigerian Newspapers, Monday, June 17, 2024 appeared first on Latest Nigeria News | Top Stories from TVN.
Lagos court jails two fake EFCC officials 46 years
The Special Offences Court sitting in Ikeja, Lagos State, has sentenced two men, Ugwu Chijioke and Ibrahim Adekunle, to a 46 years combined jail term for impersonating operatives of the Economic and Financial Crimes Commission and executing a fake court order.
This is according to a statement by the EFCC on its Facebook page on Sunday.
According to the anti-graft agency, the convicts were arrested in May 2021 at New Horizon Estate, Lekki, Lagos, following credible intelligence received by the commission during which they were carrying out an illegal operation.
At the time of their arrest, exhibits such as fake EFCC identity cards, jackets, and a court order allegedly from Mushin Magistrate Court were recovered from them.
Following their arrest, they were arraigned before Justice O.O. Abike-Fadipe on October 12, 2021, by the Lagos Command of the EFCC on an amended five counts including impersonation, attempted property fraud, possession of false documents, and unlawful wearing of the EFCC uniform.
The statement read in part, “That you, Ugwu Pascal Chijioke and Ibrahim Sadiq Adekunle, on or about the 12th day of May 2021 in Lagos, within the jurisdiction of this Honourable Court, by false pretence and with intent to defraud, attempted to obtain property from one Oriyomi Johnson under the pretext that the ‘Chief Magistrate Court, Lagos State Judiciary, Mushin, Lagos’ issued an order to the effect that the property located at New Horizon Estate, Lekki- Ikate, Lagos be seized and the said apartment sealed pending the arrival of the said Oriyomi Johnson, which representation you knew to be false and committed an offence of attempt to obtain property by false pretence contrary to Sections 8(b) of the Advanced Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section11(3) of the same Act.
“That you, Ugwu Pascal Chijioke and Ibrahim Sadiq Adekunle, on or about May 12, 2021, in Lagos, within the jurisdiction of this Honourable Court not being a person holding any office in or authority of the Economic and Financial Crimes Commission, wore a jacket bearing the official mark of the commission, which was calculated to convey the impression that you held such authority and committed an offence of unlawfully wearing the uniform of the Economic and Financial Crimes Commission contrary to Section 79(1) (b) of the Criminal Law of Lagos State, 2011.”
The suspects pleaded guilty to the offences when read to them, and following their guilty pleas, prosecution counsel, Abdulhamid Tukur, presented a review of the case facts, requested the court to deliver a guilty verdict and impose the corresponding sentences.
Justice Abike-Fadipe found them guilty as charged on counts one, two, three, four and five.
The defendants, however, pleaded with the judge for mercy.
In her judgment, Justice Abike-Fadipe convicted Chijioke and Adekunle to seven years each on counts one to three, one year on count four and eight months on count five.
“Delivering judgment, Justice Abike-Fadipe sentenced the defendants each to seven years on counts one to three each, one year on count four and eight months on count five.
“The sentences are to run concurrently.”
According Online reported on May 2 that the Nasarawa State Police Command arrested three fake officials of the EFCC in the Nasarawa Local Government Area of the State.
The state Police Public Relations Officer, Ramhan Nansel, had disclosed that the suspects had launched an attack around the Federal Polytechnic in the Nasarawa LGA where they robbed people of their belongings and subsequently abducted a National Diploma student of the institution, Adudu Kingsley.
He further explained that the victim was released and the suspects were arrested following painstaking efforts by officers of the command.
Six killed, scores abducted in Sokoto Sallah day attack
No fewer than six persons have been reportedly killed with more than 100 persons also abducted as suspected gunmen attacked a community in Sokoto State in the early hours of Sunday.
The police in Sokoto, through their spokesman, Ahmed Rufai, confirmed the killing of over six persons and abduction of scores of residents at Tudun Doki, Gwadabawa Local Government Area of Sokoto.
Rufai said though information about the attack was still sketchy, six people were confirmed killed.
According to him, the Divisional Police Officer attached to Gwadabawa led a team of policemen to the community to assess the situation and restore normalcy.
“Six dead bodies were recovered by a search team and effort is still ongoing to recover other missing persons,” the police spokesman said.
According to villagers, the assailants, numbering about seven, attacked the community around 1.30 am armed with sophisticated firearms. They shot at anybody on sight and abducted many members of the community.
Gwadabawa, one of the local governments in the Eastern Senatorial District of Sokoto State, had been peaceful until the Sunday morning attack.
Meanwhile, troops of Operation Whirl Punch continued the raid and clearance patrols in Kaduna State as they killed three bandits on the Gonna Rogo-Eka axis of Kajuru Local Government Area of Kaduna State.
The Commissioner for Internal Security and Home Affairs, Samuel Aruwan, disclosed this in a statement on Sunday.
The According reports that the troops, on June 14, killed 36 bandits, including Buhari Alhaji Halidu, otherwise known as “Buharin Yadi,” one of the deadliest bandit leaders terrorising the North.
Following the killings, residents of Kaduna-Katsina border communities went into wild jubilation.
In the latest raid, the commissioner said, “Troops conducting clearance patrols neutralised three bandits along the Gonna Rogo-Eka axis of Kajuru LGA.”
He added that two AK-47 rifles, four AK-47 magazines and 81 rounds of 7.62mm ammunition were recovered after a fierce battle with the bandits.
“According to operational feedback to the Kaduna State Government, the troops conducted special clearance patrols in the area and made contact with bandits. After an exchange of fire, three of the criminals were summarily neutralised.
“The troops scoured the immediate vicinity and recovered two AK-47 rifles, four AK-47 magazines and 81 rounds of 7.62mm ammunition.”
Governor Uba Sani, speaking on the development, thanked the security forces and commended the troops, under the command of the General Officer Commanding, 1 Division, Nigerian Army, Maj. Gen. M.L.D Saraso, for intensifying efforts to ensure a peaceful Eid celebration for citizens.
“The troops will continue special fighting patrols within the general area and other locations of interest,” the statement added.
