Dailyreporters24

The Central Bank of Nigeria (CBN) has revoked the licences of 139 microfinance banks in the country, as well as four primary mortgage banks and three finance companies.

This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday.

According to the gazette, the licences of the financial institutions were revoked because they ceased to carry on in Nigeria, the type of business for which their licences were issued for a continuous period of six months.

The official gazette for the last batch stated that the banks have “Either remained inactive, insolvent, failed to render returns, closed shop, or ceased to carry on the type of banking business for which they were licensed for more than six months in contravention of the Banks and other Financial Institutions Act (BOFIA), 2020 and the Revised Regulatory and Supervisory Guidelines for Microfinance Banks in Nigeria.”

By Sani Dan Bala Gwarzo

Five days to the end of President Muhammadu Buhari’s tenure, ministers have commenced handing over to permanent secretaries in their ministries ahead of the dissolution of the cabinet, Daily Trust reports.

The eight-year tenure of President Buhari, which commenced on May 29, 2015, comes to an end on Monday, May 29, 2023.

Meanwhile, the FCT minister, Mallam Muhammad Bello, has ordered the demolition of the popular UTC market in Area 10, as well as houses in Gishiri among other places.

Daily Reporters report that the minister was still coming to the office and attending to official engagements.

He was said to have ordered the Task Force on City Sanitation to clear shops at the UTC market and carry out a comprehensive clearing exercise at Gishiri, a settlement opposite popular Nicon Junction.

Last week, he announced that the Federal Executive Council had approved some contracts running into billions of naira for the Federal Capital Territory.

Our correspondent, who was at the secretariat in the morning, observed that the minister left his Life Camp residence to attend a special FEC meeting at the Presidential Villa.

The Management of Maryam Abacha American University of Nigeria (MAAUN), Kano, on Wednesday, 17th May 2023, paid a condolence visit to a traditional title holder in Lagos, Sarki Over Roll Alimosho, Alhaji Ahmad Haruna Kuraja, who lost his wife, Halimatus Sadiya.

The team, which was led by the Founder and Chairman Governing Council of MAAUN, Prof. Adamu Abubakar Gwarzo, was in Lagos to condole the traditional ruler over the demise of Halimatus Sadiya.

Prof. Gwarzo and his entourage was received on arrival at Murtala Muhammed International Airport, Ikeja, Lagos by Alhaji Ibrahim Iro Tafida (Sarkin Samarin Agege, Lagos State), who later led them to the palace of the traditional ruler.

While condoling the traditional ruler, Prof. Gwarzo described the death of Halimatus Sadiya as a monumental loss and prayed to Almighty Allah to forgive the deceased and admit her in Jannatul Firdaus.

He also prayed to God to give the monarch and his family members the emotional strength to bear the huge loss adding that every soul shall taste death as it’s an inevitable end of all mortals.

During the condolence visit, a special prayer was offered for the deceased by Dr. Sada Jibia where he read some verses from the Holy Quaran.

Responding on behalf of the bereaved family, the Sarkin Samarin Agege, Lagos State, Alhaji Ibrahim Iro Tafida thanked Prof. Gwarzo for taking the pain to travel from far away Kano so as to pay the condolence visit.

He prayed God to reward him abundantly and return them home safely.

Other members of the team that paid the condolence visit include Dr. Kabiru Zamfara and Alhaji Abubakar Bello, among others.

By Nasir Ahmadu Bello,

Malam Aminu Kano International Airport, today recorded another event with the official inauguration of Rano Airline.

Rano Airline is owned by an independent oil marketer, Alhaji Auwalu Abdullahi Raño popularly known as AA Raño

The airline is licensed
by Nigerian Civil Aviation Authority (NCAA) and  mandated to provide the  Scheduled Passenger services, Cargo and  Charter Flight operations

The Airline acquired 5 numbers of EMB 145 Aircrafts, with its Operation base in Abuja, and its intended to operate into different locations in Nigeria and beyond but they are  starting with 8 stations: Abuja, Kano, Lagos, Sokoto, Maiduguri, Kaduna, Yola and Asaba.

Governor  Umar Abdullahi Ganduje while flagging off flight at the domestic wing of  the airport congratulates A A Rano for the development and call on wealthy Nigerians to emulate AA Rano by creating Jobs through there various investments in the country.

Dignitaries at the launching includes
Kano state governor, Abdullahi Umar Ganduje, Emir Of Rano Amb Alhaji Kabiru Muhammad Inuwa Autan Bawo, Kano state  Deputy Governor, Nasir Yusuf Gawuna, and others

Senator Bola Tinubu, the President-elect, has congratulated Prince Charles on his coronation as King of England, saying he looks forward to further engagements with the British Government.

He said this in his congratulatory letter as the President-elect of the Federal Republic of Nigeria, to the crowned King on Saturday in Abuja.

He noted that the splendour of British monarchy and its rich tradition came to the fore again and the world literally came to a standstill as Charles was crowned the new British King, with the appellation of King Charles III.

“By way of this letter, therefore, I convey to you my warmest congratulations on your coronation,” Tinubu said.

He said It was heartwarming that Charles’s accession to the throne came after the 70-year reign of his iconic mother: Queen Elizabeth II, whose death in September 2022 left the entire world in grief, given her eventful reign.

“Bearing your unique place in history as the first King to be inaugurated in Britain since 1937, I trust that you will follow in the glorious footsteps of your late mother and even surpass her achievements in United Kingdom and the Commonwealth.

“Particularly remarkable about you is your love for the environment, importantly your lifelong crusade for sustainability and biodiversity,” Tinubu said.

He expressed hope that the crowned King would continue to push for these initiatives with kind eyes on the situation and plight of the under-privileged people in Africa and around the world.

He also expressed hope that during his reign, the excellent bilateral relationship between Nigeria and Britain would continue and even become stronger in the interests of the two countries.

“I look forward to further engagements with you and the opportunity of a meeting in the nearest future as both of us had earlier indicated in discussions with mutual friends and associates.