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By Tope Amusan  The Central Bank of Nigeria has said there is no plan to revoke the licenses of Fidelity, Wema, Polaris and Unity Banks. The acting Director of the Corporate Communications Department, Mrs Hakama Sidi Ali, on Monday, made this clarification in a statement. Recall that a circular made the round on Monday suggesting that the apex bank has dissolved the boards of the three banks barely after revoking the license of Heritage Bank. However, the apex bank spokesperson described the claim as…

By Tope Amusan State governors have called on the federal government to enforce a “no-meter, no-service” policy for all new electricity connections in the country. The plea was outlined in the Development of the National Integrated Electricity Policy & Strategic Implementation Plan: Policy Recommendations by State Governments to the Federal Ministry of Power document from the Nigeria Governors’ Forum, seen by newsmen on Monday. In the document, state governments highlighted the…

Jude grew up in a family with strict rules and forbidden practices; not once or twice did he consider going against these rules in his formative years. However, he eventually succumbed to one of the most addictive vices- e-cigarettes- because he could conveniently hide it from his family and community, it left no trace of usage and made him feel more sophisticated than those who were warned outrightly about the danger of smoking. Jude believed his preference was a marvel of technological ingenuity,…

The Economic and Financial Crimes Commission (EFCC) on Thursday filed a six-count charge against Idris Olanrewaju Okuneye popularly known as Bobrisky. Bobrisky will be arraigned on Friday before Justice Abimbola Awogboro of the Federal High Court, Lagos. While the first four counts of the charge border on abuse of the Naira, the last two counts border on alleged money laundering. In the charge sheet filed by EFCC Prosecutor, Senior Advocate of Nigeria Rotimi Oyedepo, alongside seven other lawyers, Bobrisky in the…