President Bola Tinubu has sworn in Muttaqha Darma as the new Minister of Housing and Urban Development after his Senate clearance. Darma from Katsina State replaced Ahmed Musa Dangiwa, who recently resigned. This is contained in a statement by the Senior Special Assistant to the President on Information and Strategy, Bayo Onanuga, on Friday. The president congratulated Dr Darma for coming on board at this very challenging time of national development. “You have a very rich and interesting background. As a leader, we need competent hands like yours. “There is no doubt that you have rendered valuable services in all the assignments you have embarked upon; You are a fitting peg in the right position,” he said. The President urged the new Minister to be ready to serve in any capacity in which he is called upon. It was reported that Darma is a distinguished Nigerian scholar, administrator, and development expert who holds a Doctor of Business Administration degree from the University of Liv...
The Economic and Financial Crimes Commission (EFCC) has arrested a former chairman of the defunct Skye Bank Plc, Tunde Ayeni , over an alleged multi-billion naira fraud. The businessman is alleged to be at the centre of an investigation of the alleged diversion and misappropriation of funds estimated at ₦36.5 billion and $30 million, said to have been obtained from Polaris Bank Plc through companies linked to him. According to The Cable, Ayeni was picked up in Abuja on Thursday and is currently in EFCC custody as investigations continue. Details Later…