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The Supreme Court declared on Thursday that it is unconstitutional for state governors to hold funds allocated for local government administrations. The seven-man panel, in the judgment delivered by Justice Emmanuel Agim, declared that the 774 local government councils in the country should manage their funds themselves. The apex court held that the power of the government is portioned into three arms of government, the federal, the state and the […]
Veteran Nollywood actor and filmmaker, Kanayo O Kanayo, has expressed displeasure with what he perceives as a lack of gratitude from people who receive financial favours. In a video he shared on Instagram on Monday, Kanayo criticised the response of “seen” after receiving money as a sign of ungratefulness. He said, “I have one question. Why are people very ungrateful? “You do somebody a favour by sending him or her […]
The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria. EFCC’s Chairman, Ola Olukayode, disclosed this while speaking in Abuja at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria. He pointed out that the banking sector was increasingly becoming a cesspool of fraudulent activities and this […]
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