Day: December 9, 2022

Group Sues Gov. Ugwuanyi For Political Appointments, Demands Domestication Of Disability Act

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By Tony Adibe The Joint National Association of Persons with Disability (JONAPWD), Enugu State chapter has appealed to the Enugu State Governor Ifeanyi Ugwuanyi to consider their members for political appointments. The Association, which made the appeal on Thursday at the celebration of 2022 International Day of the Disabled held at the FSP Centre, Enugu also asked   Governor Ugwuanyi to quickly domesticate the Disability Act that has reached public hearing stage at the Enugu State House of Assembly. The JONAPWD chairman in Enugu State, Comrade Onyebuchi Mba, who made the…

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CBN, AMCON, NFIU, EFCC, Other FG Agencies Endorse Amendment Of NDIC Bill

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By NewsBits A consortium of stakeholders in the financial sector including Central Bank of Nigeria (CBN), Nigerian Financial and Intelligence Unit (NFIU); the Asset Management Corporation of Nigeria (AMCON), and the Economic and Financial Crimes Commission (EFCC) have endorsed the Nigeria Deposit Insurance Corporation (NDIC) Amendment Bill, 2022. Development was made known on Wednesday at public hearing organised by the Senate Committee on Banking, Insurance and other Financial Instructions in Abuja. Mr Godwin Emefiele, the CBN Governor lauded the bill saying it would help to reposition the NDIC for better…

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Debt Recovery: Appeal Court Nullifies Sale Of Intercontinental Hotel, Lagos

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By NewsBits The Court of Appeal sitting in Lagos has finally nullified the sale of Intercontinental Hotels in Victoria Island, Lagos jointly sold by the Asset Management Corporation of Nigeria (AMCON) and Polaris Bank, and ordered a return of the facility to the original owner, the Milan Industries Limited. In a-77-page judgment in suit No. CA/LAG/CV/476/2021 delivered by three Justices of the Appeal Court: Jimi Olukayode Bada, who read the lead judgment; Muhammad Ibrahim Sirajo and Peter Oyinkenimiemi Affen, the appellate court ruled that Milan Industries Limited had fully paid…

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