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Politics / Re: Disquiet In CBN Abuja After Reported Plan To Relocate Major Departments To Lagos by Sundaland: 5:38pm On Jan 13

What exactly are banks head offices doing in Lagos? Isn't Abuja the capital of Nigeria.

Like saying - what are corporate headquarters of various businesses doing in New York when Washington DC is the capital of USA 🤔

1 Like

Politics / Re: Disquiet In CBN Abuja After Reported Plan To Relocate Major Departments To Lagos by Sundaland: 5:00pm On Jan 13
My take on this is whatever is necessary for the system to work well and alleviate sufferings among all, let it happen!


Politics / Disquiet In CBN Abuja After Reported Plan To Relocate Major Departments To Lagos by Sundaland: 4:59pm On Jan 13
There is growing disquiet within the Central Bank of Nigeria (CBN) following revelations of plans by the new management to relocate major departments from the Abuja headquarters to the former headquarters in Lagos.

The decision, spearheaded by the newly appointed CBN Governor Yemi Cardoso who was a former commissioner in Lagos State, has reportedly unsettled staff members, particularly married women, leading to discontent within the institution.

The targeted departments for relocation include Banking Supervision (DBS), Other Financial Institutions Supervision (OFISD), Consumer Protection Department (CPD), Payment System Management Department (PSMD), and Financial Policy Regulations Department (FPRD).
A substantial workforce of 1,533 employees is expected to be affected by this massive redeployment.

Sources within the CBN expressed concerns about the potential consequences of such a move, emphasizing the pivotal roles these departments play in the institution.

Read on..

Politics / Re: "I’m Ready To Lead Coalition Against Tinubu, APC” – Atiku Vows To Contest Again by Sundaland: 8:12pm On Jan 12
2027 is the wrong time for atiku.

2031 is the best time.

Atiku shouldn’t waste money.

He's 77 now and will be 84 in 2031
Politics / Re: "I’m Ready To Lead Coalition Against Tinubu, APC” – Atiku Vows To Contest Again by Sundaland: 7:41pm On Jan 12
Once you get close to Aso Rock and see what the Nigerian President enjoys, the desire to become President becomes as desperate as Atiku's.

I see! Lol

1 Like

Politics / Re: "I’m Ready To Lead Coalition Against Tinubu, APC” – Atiku Vows To Contest Again by Sundaland: 7:04pm On Jan 12
How many times will Atiku contest?? Doesn't PDP have anyone else eh?? Lol

7 Likes 1 Share

Politics / "I’m Ready To Lead Coalition Against Tinubu, APC” – Atiku Vows To Contest Again by Sundaland: 7:03pm On Jan 12
Former Vice President and the 2023 presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has expressed readiness to lead a united opposition force to challenge the ruling All Progressives Congress (APC) in the 2027 general elections.

His declaration came amidst jubilation within the PDP following the Supreme Court’s affirmation of the victories of governors in Bauchi, Plateau, Cross River, and Zamfara states, all PDP strongholds.

In a statement issued by his media office, Atiku described the court’s decision as “a triumph for democracy and the rule of law,” further offering congratulations to Governor Abba Kabir Yusuf of Kano State, elected under the banner of the New Nigeria Peoples Party (NNPP).

“This is a moment for celebration, not just for the PDP and our governors, but for all Nigerians who value fairness and justice,” Atiku said. He again restated the role of a robust opposition in safeguarding democracy, stating, “To truly strengthen our democracy, we need a united front. I am prepared, as I have always been, to lead the charge alongside our leaders and governors for the good of our nation.”

While acknowledging the court’s verdict as “a testament to the good governance principles that the PDP champions,” Atiku also urged the governors – Bala Mohammed of Bauchi, Dauda Lawal of Zamfara, Caleb Muftwang of Plateau, and Umo Eno of Akwa Ibom – to leverage this victory as a springboard to “expand the scope of the positive change they have already initiated.”

With the legal challenges surrounding the 2023 elections settled, Atiku said the PDP is poised to play the role of the main opposition party.


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Politics / Re: President Tinubu Suspends All Programmes By NSIPA Over Alleged N44B Fraud by Sundaland: 6:32pm On Jan 12
Naija my country! We really need a total overhaul of the entire system. Fraud everywhere, what's going on??
Politics / President Tinubu Suspends All Programmes By NSIPA Over Alleged N44B Fraud by Sundaland: 6:31pm On Jan 12
President Bola Tinubu has ordered the immediate suspension of all programs administered by the National Social Investment Programme Agency (NSIPA).

This comes on the heels of revelations involving the suspected embezzlement of N44.8 billion from the agency’s coffers.

The suspension was announced in a statement on Friday, by the Director Information, Secretary to the Government of the Federation, Segun Imohiosen.

He said the presidential decision was in view of the “ongoing investigation of alleged malfeasance in the management of the agency and its programmes.”

“All four (4) Programmes administered by NSIPA, viz; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme (the “Programs”) have been suspended for a period of six weeks in the first instance,” the statement read.

Read on..

Politics / Re: Customs Generates N3.2 Trillion Revenue In 2023 by Sundaland: 7:11am On Jan 12
Mike Adenuga Returns As Second Richest Nigerian After His Net Worth Hit $7.4B!

2 Likes 1 Share

Politics / Re: Mike Adenuga Returns As Second Richest Nigerian After His Net Worth Hit $7.4B by Sundaland: 6:38am On Jan 12
Let’s convert it to Naira so some people will know what we’re talking about. That’s over
N8,880,000,000,000 for one person! grin

2 Likes 1 Share

Politics / Mike Adenuga Returns As Second Richest Nigerian After His Net Worth Hit $7.4B by Sundaland: 6:38am On Jan 12
Renowned Nigerian telecom and oil tycoon, Mike Adenuga, has reclaimed the title of Nigeria’s second-richest individual, surpassing Abdul Samad Rabiu after Forbes reevaluated the worth of his mobile phone network, Globacom.

Adenuga’s current net worth stands at $7.4 billion, reinforcing his prominent position in Africa’s business landscape.

Founder of the third-largest telecom service provider in Nigeria, Globacom, Adenuga had temporarily lost the second-richest position to Rabiu a year and a half ago.

However, following Forbes‘ recent reassessment, he now holds the title of Nigeria’s second-richest person, trailing only behind Aliko Dangote.

The Chairman of Conoil and founder of Globacom has experienced fluctuations in his net worth over the years, with it reaching $7.3 billion in 2022 and attaining its pinnacle at an impressive $10 billion in 2015.

Recall that Adenuga’s networth was reported to have fallen to $3.6 billion in June 2023 before bouncing back. The decline, from the initial $6.3 billion recorded in January last year according to Forbes, was influenced by multiple factors.

Read on..

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Jobs/Vacancies / Re: Kuda, A Comprehensive App-based Digital Bank Is Hiring!! Apply Now by Sundaland: 6:03am On Jan 12
A great way to start the year with a new job
Jobs/Vacancies / Kuda, A Comprehensive App-based Digital Bank Is Hiring!! Apply Now by Sundaland: 6:02am On Jan 12
Kuda, a comprehensive app-based digital bank, strives to be the preferred banking option not only for individuals residing on the African continent but also for the African diaspora globally. Our commitment extends beyond geographical boundaries, offering a banking experience devoid of exorbitant fees and excelling in assisting customers with budgeting, smart spending, and increased savings.

Having secured the largest seed round in Africa and successfully concluding a Series A funding round in February 2021, led by renowned venture capital investors, Kuda has rapidly emerged as the premier ‘Neobank’ for Africans. Headquartered in London, with additional offices in Lagos and Cape Town, and plans for expansion across Africa in 2021, Kuda is positioned as a transformative force in reshaping access to financial products and services.

To catalyze our growth and contribute to bringing meaningful change to financial accessibility across Africa, we actively seek dynamic, talented, and passionate individuals who resonate with our mission. If you find this an inspiring opportunity to invest your time, we encourage you to reach out to us.

We are currently recruiting for the following positions:

See the positions and apply...

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Education / 107 Private Universities To Be Investigated By FG's Panel by Sundaland: 9:00am On Jan 10
The Federal Government, through the Federal Ministry of Education, has initiated the formation of an inter-ministerial committee to investigate the activities of private and foreign universities operating in Nigeria. The committee includes members such as the Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof. Ishaq Oloyede, the Minister of Youths, Jamila Bio-Ibrahim, and the Minister of Foreign Affairs, Yusuf Tuggar, among others.

One of the committee’s key terms of reference is to examine private universities established in the last 15 years. The focus is on assessing whether these institutions have the required facilities, appropriate management structures, adequate funding for programs, and the necessary staff (full-time, contract, adjunct, visiting, among other types). The National Universities Commission (NUC) periodically conducts accreditation exercises, but this additional scrutiny aims to ensure compliance with specific criteria.

[b]Nigeria currently has a total of 147 private universities, as indicated on the NUC website. Analysis reveals that 107 of these private universities were established within the last 15 years. As a result, this article by PUNCH online will highlight the private universities established in the last 15 years that may come under the scrutiny of the Federal Government’s investigative panel.
They are;

1. Adeleke University, Ede, Osun State

2. Baze University, FCT Abuja

3. Landmark University, Omu-Aran, Kwara State

4. Glorious Vision University (formerly Samuel Adegboyega University), Ogwa, Edo State

5. McPherson University, Seriki Sotayo, Ajebo, Ogun State

6. Elizade University, Ilara-Mokin, Ondo State

7. Southwestern University, Oku Owa, Ogun State

8. Evangel University, Ebonyi State

9. Gregory University, Uturu, Abia State

10. Augustine University, Ilara, Lagos State

11. Chrisland University, Owode, Ogun State

12. Christopher University, Mowe, Ogun State
13. Hallmark University, Ijebu-Itele, Ogun State

14. Kings University Ode-Omu, Osun State

16. Mountain Top University, Makogi/Oba, Ogun State

17. Ritman University, Ikot Ekpene, Akwalbom State

18. Summit University, Offa, Kwara State

19. Edwin Clark University, Kiagbodo, Delta State

20. Hezekiah University, Umudi, Imo State

21. Anchor University, Ayobo, Lagos State

22. Arthur Jarvis University, Akpabuyo, Cross River State

23. Clifford University, Abia State

24. Coal City University, Enugu state

25. Ojaja University, Ilorin, Kwara state

26. Dominican University, Ibadan, Oyo State
27. Kola Daisi University., Ibadan, Oyo State

28. Legacy University, Okija, Anambra State

29. Spiritan University, Neochi, Abia State

31. PAMO University of Medical Sciences, Port-Harcourt, Rivers State

32. Atiba University, Oyo, Oyo State

33. Eko University of Medical Sciences, Ijanikin, Lagos

34. Skyline University, Nigeria, Kano, Kano State

35. Greenfield University, Kasarami-Kaduna, Kaduna State

36. Dominion University, Ibadan, Oyo State

38. Westland University, Iwo, Osun State

39. Topfaith University, Mkpatak, Akwa-Ibom State

40. Thomas Adewumi University, Oko-Irese, Kwara State

41. Maranatha University, Lekki, Lagos State

42. Ave-Maria University, Piyanko, Nasarawa State

43.AL-Istigama University, Sumaila, Kano State

45. Havilla University, Nde-Ikom, Cross River State

46. Claretian University of Nigeria, Nekede, Imo State

47. Karl-Kumm University, Vom, Plateau State

48. Nok University, Kachia, Kaduna State

49. James Hope University, Lekki, Lagos state

50. Maryam Abacha American University of Nigeria, Kano, Kano State

51. Capital City University, Kano, Kano State

52. Ahman Pategi University, Patigi, Kwara State

53. University of Offa, Offa, Kwara State

54. Mewar University, Masaka, Nasarawa State

55. Edusoko University, Bida, Niger State

56. Philomath University, Kuje, Abuja

57. Khadija University, Majia, Jigawa State

58. ANAN University, Kwall, Plateau State

59. Pen Resource University, Gombe, Gombe State

60.Al-Ansar University, Maiduguri, Borno

61. Margaret Lawrence University, Galilee, Delta State

62. Khalifa Isiyaku Rabiu University, Kano, Kano State

63. Sports University, Idumuje, Ugboko, Delta State

64. Baba-Ahmed University, Kano, Kano State

66. Nigerian British University, Asa, Abia State

67. Peter University, Achina-Onneh, Anambra State

68. Newgate University, Minna, Niger State

69. European University of Nigeria, Abuja, FCT

70. Northwest University, Sokoto, Sokoto State

71. Rayhaan University, Kebbi State

73. Sam Maris University, Supare, Ondo State

74. Aletheia University, Ago-Iwoye, Ogun State

75. Lux Mundi University, Umuahia, Abia State

76. Maduka University, Ekwegbe, Enugu State

77. Peaceland University, Enugu, Enugu State

78. Amadeus University, Amizi, Abia State

80. Azman University, Kano, Kano State

81. Huda University, Gusau, Zamfara State

82. Franco British International University, Kaduna, Kaduna State

83. Canadian University of Nigeria, Abuja, FCT

84. Miva Open University, Abuja, FCT

85. Gerar University of Medical Sciences, Imope-ljebu, Ogun State

87. Hensard University, Toru-Orua, Bayelsa State

88.Phoenix University, Agwada, Nasarawa State

89. Wigwe University, Isiokpo, Rivers State

90. Hillside University of Science and Technology, Okemesi Ekiti, Ekiti State

91. University on the Niger, Umunya, Anambra State

92. Elrazi University of Medical Sciences, Kano Kano State

94 Shanahan University, Onitsha, Anambra State

95. Duke Medical University, Calabar, Cross River State

96. Mercy Medical University, Iwara, Iwo, Osun State

97.Cosmopolitan University, Abuja, FCT

98. Iconic Open University, Sokoto, Sokoto State

99. West Midland Open University, Ibadan, Oyo State

101. Prime University, Abuja, FCT

102. El-Amin University, Niger State

103. College of Petroleum and Energy Studies, Kaduna, Kaduna State

104. Jewel University, Gombe, Gombe State

105. Nigerian University of Technology and Management, Apapa, Lagos State

106. Al-Muhibbah Open University, Abuja, FCT


Politics / Re: 'Nigerians Are In The Dark’ – Peter Obi Reacts To FG’s “Excessive” Borrowing by Sundaland: 9:51pm On Jan 09
Very unfortunate


Politics / Re: 'Nigerians Are In The Dark’ – Peter Obi Reacts To FG’s “Excessive” Borrowing by Sundaland: 9:19pm On Jan 09
If we borrow and invest the money wisely to improve lives and also generate revenues, that would be great! But the problem is that we've been hearing and reading on the news that the borrowed fund that are allocated to different Government Agencies / Ministries are being diverted into personal bank accounts. That's really sad!

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Politics / 'Nigerians Are In The Dark’ – Peter Obi Reacts To FG’s “Excessive” Borrowing by Sundaland: 9:18pm On Jan 09
Peter Obi, presidential candidate of the Labour Party in 2023, has accused President Bola Tinubu of abandoning Nigeria’s economic issues.

In a tweet on Tuesday, Obi knocked Tinubu’s economic management style adding that the recent National Assembly’s approval of president request for the securitisation of outstanding N7.3 trillion ‘Ways and Means’ debt balance was a violation of the CBN act.

Ways and Means is a loan facility through which the Central Bank of Nigeria (CBN) provides short-term financing to cover the government’s budget shortfalls.

“This is the time when we need to go beyond politics and partisan grandstanding to address the fundamental issues of rational economic management. I am afraid that the current administration is not paying sufficient attention to issues of rational economic management,” Obi said.

“In seven years, CBN lending to the Buhari government had climbed 2700% in flagrant violation of the CBN Act.

“Indifferent to the illegality of the excessive ways and means borrowing, the national assembly still approved the new Tinubu administration’s request for an N7.3 trn securitization of the existing ways and means facility just before considering the 2024 budget proposals.

“No questions asked. No explanations were sought as to the precise purpose of these borrowings all within the seven-month tenure of this government.


56 Likes 7 Shares

Politics / Re: Despite Suspension, Ex-minister Betta Edu Refuses To Handover As Instructed by Sundaland: 12:18am On Jan 09
Nawa o!
Politics / Despite Suspension, Ex-minister Betta Edu Refuses To Handover As Instructed by Sundaland: 12:17am On Jan 09
Suspended Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, defied President Bola Tinubu’s directive to hand over to the Permanent Secretary on Monday evening as instructed.

Barely minutes after the official announcement of her suspension, which carried a clear instruction to hand over and “fully cooperate with investigating authorities,” it has been observed that no immediate handover activity has taken place at the ministry.

Instead, staff confirmed that Dr. Edu left the office shortly after receiving the suspension letter delivered by a State House official. It was also learnt that all security and protocol personnel assigned to her were also recalled, following standard procedure.

However, questions arose about the official handover as an unnamed Ministry official familiar with public service operations said the Permanent Secretary requires an official memo, not just a media report, to act on a suspension directive.

Read on

Politics / Re: Anger As Legislators Allocate N197B From Budget For National Assembly Members by Sundaland: 9:28pm On Jan 07
But what are they planning to do with the money?
Jobs/Vacancies / Re: Apple Jobs: Opportunities Are Available For Employees From ‘All Walks Of Life" by Sundaland: 7:08pm On Jan 07
Is it possible to get an offer with Apple from Nigeria?

Why not! Did you read the full post? Just give them a try if you qualify.
Politics / Re: Anger As Legislators Allocate N197B From Budget For National Assembly Members by Sundaland: 6:10pm On Jan 07
It is well

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