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National Assembly Will Work With AMCON On Debt Recovery – Nwokolo

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Members of the House Committee on Banking and Currency, the executive management and top officials of Asset Management Corporation of Nigeria (AMCON) and the facilitators of the retreat in a group photograph during the retreat in Lagos ——————————————————————————————————————————— Federal House of Representatives Committee Chairman on Banking and Currency, Hon. Victor Nwokolo has assured Nigerians that the 9th National Assembly would take all necessary measures that would support the Asset Management Corporation of Nigeria (AMCON) in realizing the huge outstanding debt of over N5.4trillioon owed it by obligors before its sunset.…

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Germany Marks 30th Anniversary Of Fall Of Berlin Wall

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Germany is marking the 30th anniversary since the fall of the Berlin Wall today (November 9, 2019) with a series of events to commemorate one of the defining moments of modern European history. The breaching of the wall on November 9, 1989, followed a peaceful and popular uprising across the then communist East Germany amid moves among nations in Soviet-controlled Central Europe to break away from Moscow and shift toward Western-style democracies. About 200 events have been held over the last week in Berlin alone, including footage beamed onto a…

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Toyota Begin Recalling Of 679 Imported Lexus Cars November 16

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This is not the best time for the Toyota brand as reports have it that the Japanese automaker, Toyota will begin recalling 679 imported Lexus cars from November 16, 2019 due to defective Pneumatic Rods, according to China’s market regulator. Filed by Toyota Motor (China) Investment Co., the recall will involve Lexus CT200h models manufactured between January 30 and March 12, 2019, the State Administration of Market Regulation was quoted to have said in a statement. Due to defective electroplating process by suppliers, surface of the Pneumatic Rods on the…

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Despite Afunanya’s Claims, DSS Yet To Release Sowore, RevolutionNow Convener

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Minor protest broke out at the headquarters of the Department of State Services (DSS) on early Saturday over the continued “illegal” detention of Omoyele Sowore, Publisher of SaharaReporters and convener of RevolutionNow Movement. The international journalist – Sowore was arrested in Lagos since August 3, 2019 and subsequently flown to Abuja where he has been detained since then. Last month however, a Federal High Court (FHC) sitting in Abuja granted him bail but the DSS refused to release him even as he met the bail conditions. When Nigerians reacted to…

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Hard Times For WAEC & NEC Candidates Over Examination Malpractice

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Finally, the Nigeria Examinations Committee (NEC) of the West African Examinations Council (WAEC) has announced that it has approved appropriate sanctions for all established cases of malpractice, as prescribed by the rules and regulations governing the conduct of its examinations. In a similar development, the council also approved that the entire results of candidates involved in proven cases, which attract Cancellation of Entire Results (CER), be cancelled, while subject results of those involved in proven cases, which attract Cancellation of Subject Results (CSR), be similarly cancelled. Mr. Demianus Ojijeogu, Head,…

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Like Zuckerberg Of Facebook, Twitter CEO, Dorsey Visits Lagos Nigeria

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Mr Jack Dorsey, the Co-founder/Chief Executive Officer of Twitter, was at the popular Information Technology Co-Creation Hub (CCHub) in Yaba, Lagos, Friday morning, as part of his tour of four African countries. Dorsey planned to visit Nigeria, Ghana, Ethiopia, and South Africa. He arrived Nigeria Thursday. He had announced via his Twitter handle earlier in October that he was “headed to Africa for all of November- Ethiopia, Ghana, Nigeria, and South Africa; going to spend a lot of time with entrepreneurs.” He twitted “So grateful to finally be in Nigeria,”…

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Buhari Ordered Sack Of Osinbajo Aides, Presidency Confirms; Don’t Resign, YCE Urge Osinbajo

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By Andrew Onyejuruuwa Following the rumoured rift brewing between President Muhammadu Buhari and his Vice, Prof. Yemi Osinbaji, the Yoruba Council of Elders (YCEs) has called on Prof. Osinbajo not to resign his position as Vice President of the Federal Republic of Nigeria on the grounds of the alleged war against him by a cabal in the Presidency. YCE also reminded Buhari to remember Osinbajo’s loyalty to him and to shun the evil move by some powers that be against his Vice President. Dr. Kunle Olajide, Secretary General of YCE,…

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Arsenal Plan To Offload Club Captain, Granit Xhaka Soon

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Arsenal will target the Bundesliga when they look to sell Granit Xhaka in January after the midfielder indicated he no longer sees a future in north London. Xhaka was stripped of the club captaincy this week following a furious tirade against his own supporters as he was being substituted against Crystal Palace. Arsenal have come to the realisation that Xhaka no longer has a long-term future at the club now an already fragile relationship with fans has hit rock bottom. Likewise, it is understood the Switzerland international has intimated to…

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Christmas: Govt. To Remove Construction Obstructions On Lagos – Ibadan Expressway

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The Director of the Federal Highways, South-West, Mr Funso Adebiyi has stated that the Federal Government will remove all diversions around construction zones on the Lagos-Ibadan Expressway to motorists from December 15, 2019. Usually, that corridor witnesses increased activities during yuletide. Adebiyi, made the disclosure during interaction with truck drivers in Ogere, Ogun State. He said the decision was to ensure free flow of traffic during the Christmas period, adding that work would resume after the season. “We are going to open the entire road by the time Christmas approaches…

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Inter-Agency Committee On Recovery Of AMCON Debt

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DEBT RECOVERY ON THEIR MIND: Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru (left) in a handshake with the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu during one of the strategic meetings of the Presidential Inter-Agency Committee on the Recovery of AMCON Debt in Abuja….recently

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