Investogist
No Result
View All Result
Sunday, March 29, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Abuja-Kaduna Train Derails, Several Injured

    Abuja-Kaduna Train Derails, Several Injured

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Gets SEC Approval for ₦5.8 Billion Rights Issue

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Plc Signs ₦5.8 Billion Rights Issue

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Shell Confirms Ongoing Exit from South Africa

    Shell Confirms Ongoing Exit from South Africa

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Abuja-Kaduna Train Derails, Several Injured

    Abuja-Kaduna Train Derails, Several Injured

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Gets SEC Approval for ₦5.8 Billion Rights Issue

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Grants International Oil Companies Full Access to Export Forex Earnings

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Plc Signs ₦5.8 Billion Rights Issue

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Shell Confirms Ongoing Exit from South Africa

    Shell Confirms Ongoing Exit from South Africa

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

JUST IN: Tinubu suspends Betta Edu, directs EFCC to investigate her

Monday, 8 January 2024, 4:32 pm
in News, Nigeria
0
JUST IN: Tinubu suspends Betta Edu, directs EFCC to investigate her
Share Share Share Share Send as Email

President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office.

The Special Adviser to the President on Media and Publicity, Ajuri Ngelale who disclosed the suspension said it was with immediate effect.

Her suspension followed criticisms that trailed her leaked letter instructing the Accountant-General of the Federation, Oluwatoyin Madein, to pay N585 million into a private account managed by United Bank of Africa (UBA) and owned by Oniyelu Bridget Mojisola.

Edu confirmed the payment through a statement by her media aide, Rasheed Zubair, and said the fund was for the payment of grants to vulnerable groups in Akwa Ibom, Cross River, Ogun, and Lagos states.

Ngelale’s statement read in part “The President further directs the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) to conduct a thorough investigation into all aspects of the financial transactions involving the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, as well as one or more agencies thereunder.

“The suspended Minister is hereby directed to hand over to the Permanent Secretary of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.

“And she is further directed by the President to fully cooperate with the investigating authorities as they conduct their investigation.

“Furthermore, the President has tasked a panel that is headed by the Coordinating Minister of the Economy and Minister of Finance to, among other functions, conduct a comprehensive diagnostic on the financial architecture and framework of the social investment programmes to conclusively reform the relevant institutions and programmes in a determined bid to eliminate all institutional frailties for the exclusive benefit of disadvantaged households and win back lost public confidence in the initiative.

“These directives of the President take immediate effect.”

According to the Nigeria’s Public Sector Financial Regulation Act (2009), Section 713 of the Act (under Chapter Seven) states: “Personal money shall in no circumstances be paid into a government bank account, nor shall any public money be paid into a private bank account. An officer who pays public money into a private account is deemed to have done so with fraudulent intention.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Alakija
    Covid-19 PCR test fraudulent, investigate NCDC,…
  • Tinubu suspend Bawa
    Breaking: President Tinubu suspends EFCC Chairman…
  • Tinubu signing
    UNGA: Tinubu directs exclusion of officials with no…
  • Tinubu Amb Recall
    President Tinubu directs total recall of all…
Previous Post

Supreme Court grants FG sole control of inland waterways

Next Post

Former Obi-Datti Presidential Campaign Director-General quits Labour Party

Next Post
BREAKING: Doyin Okupe resigns as DG of Peter Obi presidential campaign

Former Obi-Datti Presidential Campaign Director-General quits Labour Party

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

US economy adds 528,000 Jobs in July, exceeding expectations

US economy adds 528,000 Jobs in July, exceeding expectations

NEIMETH lists additional 2.37 billion shares on NGX

Neimeth Seeks NGX Approval for ₦4 per share Rights Issue as Shares Trade at ₦10.10

Switching to ruble payments for Russian gas will take time – Kremlim

EU States purchased more LNG from Russia btw Jan-Jul 2023 than in 2022 and 2021

Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

Guinea Insurance Gets SEC Approval for ₦5.8 Billion Rights Issue

FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

Dangote Refinery Slashes Petrol Gantry Price to ₦1,200/litre

CBN Bars Large Loan Defaulters from New Credit and Guarantees

CBN Grants International Oil Companies Full Access to Export Forex Earnings

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved