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The Central Bank of Nigeria Governor, Godwin Emefiele has called on risk professionals in the financial industry to broaden their scope of risk management practices in order to guard against emerging risks.Emefiele who was represented by the Director of Risk Management Department, Dr Blaise Ijebor at the formal inauguration of the Chartered Risk Management Institute of Nigeria, in Lagos, stressed that the apex bank is committed to fostering robust risk management culture wit...

The Minister of Interior, Rauf Aregbesola has said henceforth, state governments are to provide feeding and accommodation to inmates in their states.Speaking at a two-day High-Level Conference on Decongestion and Corrections Management held in Abuja, he said the Federal Government would no longer bear such burdens.According to him, with the amendment of the 1999 constitution which has now placed the issue of correctional services on the concurrent list, sta...

President Muhammadu Buhari has joined the Afenifere cultural group, friends and family in celebrating with Pa Reuben Fasoranti on his 97th birthday.The president, in a statement by his spokesman, Femi Adesina, expressed his admiration for the courage, wisdom, resilience and visionary leadership that the nonagenarian had continued to provide.He said Fasoranti’s personal profile conveyed the remarkable history of Nigeria from independence, with his part...

President Muhammadu Buhari has appointed the retiring Assistant Inspector General of Police, Garba Umar as a Senior Security Adviser on International Police Cooperation and counter-terrorism in the office of the Minister of Police Affairs.The Senior Special Assistant on Media and Publicity, Garba Shehu, in a statement said the appointment is to enable Nigeria keep the important position and make way for him to complete his nationally beneficial tenure as an Executive Member ...

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Workers in the Edo State have commended Governor Godwin Obaseki's approval for the payment of 13th-month salary to Edo civil and public servants this year.They gave the commendation while reacting to inquiries by Super FM on the significance of the approval given by the governor.According to them, the current economic realities suggest that Nigerian workers are underpaid and the governor's gesture will help to ameliorate their challenges....

Edo State Governor, Godwin Obaseki, has said the state is partnering with forest rangers and security agencies in the state to launch a three-month operation to rid Okomu Forest, Gelegele Forest and Okomu National Park of illegal and other criminal elements.Governor Obaseki revealed this to journalists after a meeting with delegates of Africa Natural Investors Foundation, the newly trained forest rangers and other security agencies to bring a lasting solution to the issue in...

The Central Bank of Nigeria has said it will sanction banks assisting the operations of unlicensed foreign firms.It stated this in its ‘Guidelines for the regulation of representative offices of foreign banks in Nigeria’, signed by the Director, Financial Policy and Regulation Department, Muhammad Musa.According to the guidelines, representative offices of foreign banks serve an important purpose of showcasing the brand and services of its paren...

The House of Representatives has queried the Nigerian Communication Commission over the 1,014 projects under the Universal Service Provision Fund for an e-library project that was executed for over two billion naira.The House frowned at a request by the commission for 700 billion naira to ensure that 27 million Nigerians who do not have access to telecommunications get coverage.The House raised the queries when the Executive Vice Chairman of the NCC, Profes...

Senate President, Ahmad Lawan, says President Muhammadu Buhari gave assent to 104 out of the 162 bills passed to him by the 9th Senate.Lawan and Speaker of the House of Representatives, Femi Gbajabiamila, declared that the 9th National Assembly performed far better than five others before it, since 1999.The 9th Assembly presiding officers also lamented the misperception and misunderstanding of the 9th National Assembly by some Nigerians who wrongly labelled...