Business
Woman Docked For Impersonating Mrs Jonathan’s Adviser
A businesswoman, Nnenna Anamowa, of no fixed address has appeared before an Abuja Chief Magistrate’s Court charged with impersonating as Special Adviser to the First Lady.
The Police prosecutor, Mr Chris Ojeh, told the court that information about the accused got to the police through a petition sent to the office of the Inspector-General of Police.
Ojeh said that on May 21, the accused conspired with one Fred Adi, who is now at large to falsely obtain N50,000 from one Nwokeke Nwabueze at Custom headquarters, Zone three, Abuja.
“On another occasion, she falsely collected N100,000 from one Ngozi Michael by presenting a fake identity card posing to be the Special Adviser to the First Lady of the Federal Republic of Nigeria,’’ Chris said.
He said that the two-count charge of criminal conspiracy and cheating against the accused were contrary to sections 97 and 324 of the Penal Code.
The accused who pleaded not guilty begged the court for leniency, claiming that she had just been diagnosed of three weeks old pregnancy and was also suffering from acute asthma.
Following this development, counsel to the accused, Mr O.O. Nwankwo, made an oral application for bail for the accused.
He urged the court to grant his request, adding that bail was at the discretion of the court putting into consideration the nature of the offence.
Nwankwo assured the court that the accused would not jump bail and would also provide a reasonable surety as ordered by the court.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
