Board Member
Ex-Nigerian ambassador Bolere Ketebu passes on
Dr. Bolere Elizabeth Ketebu, former Nigerian Ambassador to Ireland is dead. She was 66 years old. Her death was made known by President Muhammadu Buhari on Sunday. In a statement, Buhari condoled with the Ketebu family, the Bayelsa State government, as well as friends and professional colleagues of Dr Bolere Ketebu, The President said the former ambassador served her country creditably in several capacities. She was at one time President National Council of Women Societies, Secretary to Bayelsa State government and a member House of Representatives between 1992 and 1993. In September 2001, she was elected Advisor, Habitat to the International Council of Women (ICW). She was elected in 2003 as International Board Member to ICW, position she held till 2009. As a board member, she coordinated...
CIBN urges banks to strengthen cyber-security
The Chartered Institute of Bankers of Nigeria (CIBN) has urged the banks to strengthen their cyber-security architecture in order to prevent attacks by fraudsters. President/Chairman of Council of the institute, Mr. Bayo Olugbemi, made the call while delivering his remarks at the 2020 CIBN Fellowship Investiture in Lagos, at the weekend. The CIBN at its investiture formally conferred its honorary fellowship awards on 19 distinguished bankers in recognition of their contributions to the banking industry and the economy; 77 associates as elected Fellows while 105 senior management staff of banks and the academia became Honorary Senior Members of the institute at the event with the theme: ‘Financial Services in a post COVID 19 Environment: Strategic Imperative’. Some that were conferred with ...
Auditor-General denies illegal withdrawal of N10 billion from NHIS account
The Auditor-General of the Federation, Mr. Anthony Ayine, Monday, described as false and mischievous, allegations that he connived with Vice President Yemi Osinbajo to illegally withdraw N10 billion from the account of the National Health Insurance Scheme, NHIS. In a statement from the Office of the Auditor-General of the Federation, OAUGF, in Abuja, Ayine said in the allegation, it was stated that the first withdrawal of N5 billion from the NHIS account was made by Osinbajo and himself, in December 2016, noting that he actually resumed office in January 2017. According to him, the whole allegation, therefore, is not only illogical, highly embarrassing, scandalous, frivolous and unreasonable, but it is also calculated to smear the OAuGF and the person of the Auditor-General for the Federat...
Cross River Basin Authority managing director suspended
The Managing Director of Cross River Basin Development Authority has been suspended from office by the board of the agency. Bassey Nkposong was suspended on Thursday after an ad-hoc committee which looked into how the agency was being run accused him of irregularities in the award of N250 million worth of contracts and other “breaches.” The committee was set up by the board in September 2019. “The committee observed from the various breaches that the Managing Director has advertently arrogated to himself the status of a sole administrator regardless of the extant provisions of the Establishment Act of the Authority,” the committee noted in its report which was submitted in February 2020, five months after it was set up. “The above scenario has led to many breaches where contracts which cle...
