NOC patrons investiture: Elegushi’s Palace wears new look

All is now set for the investiture of new patrons of the Nigeria Olympic Committee. The event has been fixed for Tuesday, 23 rd October, 2018 at the Elegushi’s Palace in Ikate, off Lekki-Epe Expressway from 12 noon.

Fun-seekers reveling at the Elegushi, VI, Lagos. Photos: Akeem Salau The Elegushi’s Palace is wearing a new look and palace sources informed that security is top notch. Those to be honoured include the national leader of the ruling All Progressive Alliance, APC and one-time Governor of Lagos State Senator Asiwaju Ahmed Tinubu, His Royal Majesty, Oba S. A. Elegushi, former Governor of Delta State Dr Emmanuel Uduaghan, Chief (Mrs) Kofoworola Adejoke Nwokedi and Sir Marc Wabara. A statement by the NOC indicate that after the investiture ceremony for Patrons from the South on Tuesday, there will be another ceremony for those in the northern part of the country on November 1 in Abuja.

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IMF making progress on new Argentina crisis loan deal

Worldwide Monetary Fund authorities are "gaining vital ground" on another emergency credit bargain for disturbed Argentina, which keeps on observing its money decay, the reserve said Monday. The group in Buenos Aires proceeds with work to concur on another bundle of measures that would permit quick endorsement by the leading group of the loaning organization, the IMF said in an announcement. The IMF and Buenos Aires concurred in June on a three-year, $50 billion safeguard loaning program however Argentina has since requested a more quick payment. The IMF mission has held meetings with the economic team and central bank in Buenos Aires over the past week and “important progress is being made toward strengthening Argentina’s economic policy plan, supported by a Stand-By Arrangement with the IMF,” the statement said. “We are working hard to conclude these staff-level talks in short order and present a proposal to the IMF Executive Board.” Buenos Aires has received $15 billion so...

Obaseki rallies EU museums, others for return of Benin stolen artefacts

…assures timely completion of Benin Royal Museum The Edo State Governor, Mr. Godwin Obaseki, has stepped up the campaign for the return of prized Benin heritage objects looted from the Benin Kingdom during the British invasion of the kingdom in 1897. To assuage the worries of global stakeholders over the safety of the artefacts when returned, Obaseki has reiterated that work on the Royal Benin Museum will be expedited to house the artefacts. According to the governor, “We will not relent in our quest and clamour for the return of these valuable works that were carted away from our state in 1897. “The objects mean a lot to our people as they represent our history, culture, our creative ability and in some quarters, these art works mean much more.” He further said that consultations with all the interest groups will continue to ensure that the return process is seamless. Recall that the governor gave similar assurance during the second coronation anniversary of ...

EFCC, Customs Place Fayose On Watch List

Expecting that the Ekiti State senator, Ayodele Fayose, could escape the nation to escape arraignment, the Economic and Financial Crimes Commission (EFCC) and the Nigeria Customs Service have set the active representative on its watch list and is prepared to capture him on the off chance that he attempts to leave the nation. This became known after a letter composed by the EFCC to the Nigeria Customs Service requesting that Fayose be watch-recorded for affirmed offenses verging on manhandle of office, tax evasion, burglary et cetera. The letter, dated September 12, 2018 and marked by the acting EFCC director, Ibrahim Magu, was gotten on September 13 and followed up on September 14. Some portion of the letter routed to the controller general of traditions noticed that "there is a sensible doubt recommending that he (Fayose) may probably leave the nation either through the land outskirts, air terminals or seaports with a specific end goal to dodge examination. Thus, you are compassi...

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