Category: FEATURED

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Stop Debtors From Contesting Election In Nigeria Justice Olatoregun Tells AMCON

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L-R: Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr Ahmed Lawan Kuru; Justice C.M.A. Olatoregun of the Federal High Court and Dr. Francis Chuka Agbu SAN, Lead partner at Lexavier Partners at the one day seminar for AMCON External Solicitors and Asset Management Partners (AMPs) of AMCON at Eko Hotels, Lagos….at the weekend. —————————————————————————————————————————————————- Now that the Asset Management Corporation of Nigeria (AMCON) (Amendment) Act 2019, has been signed into law by President Muhammadu Buhari, Hon. Justice C.M.A. Olatoregun of the Federal High Court at the weekend…

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Amended AMCON Act: Taking Recovery To The Next Level

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AMCON MD/CEO, Ahmed Lawan Kuru (ALK), stressing a point during one of his meetings with ICPC in Abuja ——————————————————————————————————————- By Bashir Ibrahim Hassan There has been noticeable rise in positive responses from obligors since constituting the task force on recovery of AMCON debt under the office of Vice President Yomi Osinbajo SAN and the subsequent signing of the Asset Management Corporation of Nigeria (Amendment No. 2) Act 2019 by President Muhammadu Buhari, which gave the committee the teeth to bite, last month. Finally, the jinx is broken at AMCON, so…

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Liverpool Starts Champions League Defense With 2 -0 Defeat At Napoli

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*Liverpool forward Mo Salah (right) sees an effort blocked by the outstretched leg of Napoli centre back Kostas Manolas —————————————————————————————————————————— A costly mistake by Virgil van Dijk, the world’s best defender was what led to a spot kick Napoli capitalized to open their account in this year’s Champions League group stage. But another goal by former Tottenham striker, Fernando Llorente who came off the bench to grab the second goal ensured that Napoli beat Liverpool 2 -0 on Tuesday. With that defeat, Liverpool became the first European champions to lose…

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AMCON Obligors In More Trouble As Presidency Inaugurates Inter-Agency Committee On Recovery

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*AMCON Boss, Ahmed Lawan Kuru at one of the meetings with ICPC office ——————————————————————————————————- As a follow-up to earlier warning that the Federal Government would leave no stone unturned in the pursuit of debtors of Asset Management Corporation of Nigeria (AMCON), the government has begun a move to recover the over N5 trillion outstanding debts owed AMCON by recalcitrant obligors. The government has formally inaugurated an inter-agency committee to speedily resolve the challenges in recovering the debts. Vice President Yemi Osinbajo SAN, who inaugurated the committee in Abuja on Monday…

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Air Rage: Dealing With Emerging Challenge For Airline Industry

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By Wole Shadare Indeed, air rage has become a global problem. Such unruly behaviour, threatening safety and security, adversely affects the travel experience of compliant passengers and disrupts operations that may result in flight delays, cancellations or diversions. Airline personnel have, increasingly, found it necessary to deal with unruly and disruptive passengers, some of whom display violent behaviour. This behaviour can result in serious injury to staff and passengers and can compromise the safety of the aircraft. Termed ‘Air Rage’, this phenomenon enjoys regular media attention and airlines, unions and…

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Antonio Guterres, UN Secretary General To Open 74th Session

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*Antonio Guterres, the Secretary General making a point at a previous function ——————————————————————————————– United Nations (UN) Secretary General, Antonio Guterres is set to open the 74th session of the UN General Assembly in New York today. The UN chief will welcome the incoming General Assembly president Tijjani Muhammad-Bande of Nigeria to his new role as head of the 193-member body. As is tradition, the new session begins one week before the assembly’s high-level debate kicks off on September 24 with the participation of world leaders. In a fast-changing world where…

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Rush Hour In Hong Kong: Train Derails, Injures People

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According to reports by AFP, a passenger train derailed during the morning rush hour in Hong Kong on Tuesday leaving eight people injured, authorities said. Images from the scene showed three carriages had left the tracks and were zigzagged across the rails near Hung Hom station in Kowloon — a busy interchange that provides services to mainland China. Passengers had to leave the train through a broken door and cross tracks on the East Rail line to make their way to safety. Five hundred passengers had been evacuated from the…

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Government Plotting Another Genocide In Abia – IPOB Claims

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Media and Publicity Secretary of the Indigenous People of Biafra (IPOB), Emma Powerful has raised a strong allegation, which claims that there is a plot to attack the home of its leader, Nnamdi Kanu, in Abia State. The statement also claimed the Abia State Governor, Okezie Ikpeazu, was spearheading the plot. The statement therefore called on international community to stop Ikpeazu. According to the statement, “Another round of genocide looms at the front of our leader’s compound in Isiama Afara Ukwu Ibeku, Umuahia, Abia State by Fulani terror group. “IPOB’s…

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Marginalisation: Igbo Nation Drags Buhari To United Nations

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Information reaching us has it that Igbo in Nigeria has formally taken their case of marginalisation and exclusion allegedly orchestrated against them by President Muhammadu Buhari-led to the United Nations (UN). The group urged world powers to pressure Buhari to re-write the wrongs meted against the Igbo ethnic nationality. They also alleged that there was a grand plot to deny the South East the nation’s presidency in 2023. It is no longer news that Tinubu is nursing the ambition of succeeding Buhari come 2023 and the group believes that because…

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Air Peace CEO’s Kind Gesture To Stranded Nigerians In SA Commendable – NCAC DG

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Allen Onyema (right in red cap) welcoming the South African returnees —————————————————————————————————————– The Director-General (DG), National Council for Arts and Culture (NCAC), Olusegun Runsewe, has joined millions of well-meaning Nigerians that are commending the Air Peace Chief Executive Officer, Mr Allen Onyema, for his generosity and prompt evacuation of Nigerians that were unfortunately caught up in the xenophobic attacks in South Africa. The commendation was contained in a statement by Runsewe’s media aide, Mr Frank Meke. He said many lost their means of livelihood to massive looting, while others were…

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