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Founder and General Overseer of the INRI Evangelical and Spiritual Church, Primate Ayodele Elijah, has delivered his prophecy for the second quarter of the year.

Ayodele, declared that President Muhammadu Buhari, will face serious political challenges, adding that the President will resign due to his health condition.

He also said that some Governors will gang up against the President.

Ayodele,however, lamented that his prophecies have not been given needed attention in the country.

He said he had prophesied the rejection of the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, the death of General Samuel Ogbemudia and that of General Adeyinka Adebayo, but his words were not taken seriously.

He warned that the Federal Government should be wary of its declaration that the Boko Haram attacks had been reduced, saying the proscribed terror group, would launch other attacks in a new fashion.

He also said the economy would improve between May and July this year.

He made the revelation in a chat with Tribune on Sunday.

Primate Ayodele said, “It is sad that we are not taken seriously when we warned earlier in newspapers and other media outlets. When a nation ignores God’s warning, certain things happen.

“I warned Nigeria of certain occurrences as published in the Daily Champion of December 30, 2015. In my book Warning to the Nations 2016/2017, I said there would be a new CAF president. I also warned of Magu’s rejection.

“It is on page 186 of the book. I also warned of the deaths of General Samuel Ogbemudia and General Adeyinka Adebayo.

“In the same vein, President Muhammadu Buhari still needs prayers because he may likely resign midway as a result of his health condition, unless prayers are intensified.

“Buhari will face political challenges. Some unexpected people will be removed from his cabinet. Some governors will gang up against him. In APC, there will be wrangling before and after the party convention.

“The crisis in the PDP will break it. Some northern governors will run into crisis that may jeopardise their political calculations. The economy will improve between May and July. Government should reform CBN and NNPC.

“The perpetrators of herdsmen killings will be exposed. Our security outfits should be alert as Boko Haram would devise new dimensions of attacks. There will be an increase in petrol product, as the price of petrol may change.

“Flour will be scarce. Charcoal will be expensive at the middle of the year. I see division in the National Assembly.

“The fight against corruption by the EFCC should be sustained but the former governor of Adamawa State, Mr James Ngilari, should be pardoned so that his political career will not be ruined,” he stated.

BIG STORY

JUST IN: CBN Increases Banks Capital Base To N500bn, N200bn For National Commercial Banks

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The capital basis for commercial banks with international permission has been raised to N500 billion by the Central Bank of Nigeria (CBN).

The policy change was confirmed by Mrs. Hakama Sidi Ali, CBN’s acting director of corporate communications. in a declaration.

She added that commercial banks with regional authorization are expected to reach a capital floor of N50 billion, while those with national authority must meet a ceiling of N200 billion.

Announced on Thursday, March 28, 2024, this comprehensive financial reform requires significant increases in banks’ minimum capital bases, which vary depending on the size of the bank.

The latest policy directive specifies that commercial banks with international authorization are now required to shore up their capital base to N500 billion.

In a bid to tighten the financial fabric, the CBN has not overlooked merchant banks, which are now subject to a N50 billion minimum capital requirement.

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BIG STORY

Detained Binance Executive Gambaryan Drags EFCC, NSA To Court

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Tigran Gambaryan, the CEO of Binance who is currently in detention, has claimed that he has been violated in his fundamental human rights by the Economic Financial Crimes Commission and Nuhu Ribadu, the National Security Adviser.

Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution.

He urged the court to order the NSA and the EFCC to release him from their custody and return his international travel passport with immediate effect.

Gambaryan also sought an order of perpetual injunction restraining the respondents and their agents from further detaining him in relation to any investigation into or demands from Binance.

He also urged the court to order the respondents to issue a public apology to him.

Gambaryan averred that he was in Nigeria alongside fleeing Nadeem Anjarwalla to honour the invitation of the ONSA and EFCC to discuss issues relating to Binance in Nigeria.

Anjarwalla escaped from the guest house where he and Gambaryan were being held

He argued that he had not committed any offence during the meeting, and neither was he informed in writing of any offence he personally committed in Nigeria at any other time.

“The only reason for his detention is because the government is requesting information from Binance and making demands on the company,” he added.

The fleeing Anjarwalla also filed a similar suit, marked: FHC/ABJ/CS/355/24.

At the proceedings on Thursday, T.J. Krukrubo (SAN) appeared for the plaintiffs, while the respondents had no representation.

Krukrubo informed the court that the respondents were served two days ago.

Shortly after that, he announced to the court that he was withdrawing from the matter as counsel for the fleeing Anjarwalla.

He did not give reasons for his withdrawal.

The trial judge, Justice Inyang Ekwo, adjourned the matter till April 8.

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BIG STORY

Federal Government To Arraign Binance Executives Over ‘Tax Evasion’ On April 4

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On April 4, the federal authorities will file charges against senior executives of the cryptocurrency company Binance, Tigran Gambaryan, and Nadeem Anjarwalla, for allegedly engaging in “tax evasion.”

Anjarwalla is Binance’s regional manager for Africa, while Gambaryan oversees the company’s compliance with financial crimes.

The Federal Inland Revenue Service (FIRS) charged Binance with a crime on March 25th for “tax evasion.”

The service claims that the action is intended to maintain national economic integrity and fiscal discipline.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, is said to “implicate Binance with a four-count tax evasion accusation”.

However, on Thursday, NAN reported the federal government will charge the three defendants before Emeka Nwite, the presiding judge, at the federal high court (FHC) in Abuja on a four-count charge.

Despite not being a vacation judge, according to the report, the chief judge granted the fiat for the judge to oversee the case during vacation because it is a matter of critical national interest.

The lawsuit comes a month after Anjarwalla and Gambaryan were detained by the Nigerian authorities.

Anjarwalla and Gambaryan had flown into Nigeria but had their passports seized by ONSA.

On March 12, Anjarwalla was transferred to a local hospital after he fell ill while in detention in Nigeria.

However, on March 25, Anjarwalla escaped from custody and fled Nigeria with a smuggled passport.

Meanwhile, Gambaryan, on March 28, sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC), alleging violation of his fundamental rights.

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