archiveNovember 2016

By ABDUL OLALEKAN The National Insurance Commission (NAICOM) has written to the Federal Ministry of Labour & Employment, urging it to intervene in the ongoing industrial action embarked upon by the staff of the commission. The protesting staff, under the auspices of the Amalgamated Union of Public Corporations, Civil Service,...

Barely 72 hours to the Ondo State governorship election,  Jimoh Ibrahim, factional Peoples Democratic Party (PDP) governorship candidate in the Saturday election has rejected the ruling of an Appeal Court ordering the Independent National Electoral Commission (INEC) to replace him with that of Eyitayo Jegede. In a statement he issued...

Lecture by His Excellency, Former President Olusegun Obasanjo At the First Akintola Williams Annual Lecture Lagos, November 23, 2016 Protocol When my sister, ’Toyin Olakunri, phoned to alert me about this Lecture, the telephone connection was poor and I could hardly hear her but I got the name of Mr....

Former President, Chief Olusegun Obasanjo has advised President Muhammadu Buhari to concentrate efforts at fixing the nation’s economy rather than dwelling on the past, adding that since he was elected to change the country, he should concentrate on clearing the mess he inherited. Delivering a lecture titled “Nigeria Yesterday, Today...

The bulls resurfaced in the equities market of The Nigerian Stock Exchange (NSE) on Wednesday to halt an eight consecutive day of losing spree, with the All Share Index rising by 0.22per cent. The equities market benchmark, All Share Index added 0.22 per cent or 55.66 basis points to settle...

Sequel to the Court of Appeal sitting in Lagos declaring the Lagos State monthly environmental sanitation exercise held between 7:00a.m. and 10:00a.m. on the last Saturday of every month unconstitutional, the State Government on Wednesday announced its abolition. This was contained in a statement the Commissioner for Information & Strategy,...

Federal, state and local governments of the federation shared a total of N420 billion as Federal Allocation for the month of October 2016. This was made known after the monthly meeting of the Federation Account Allocation Committee (FAAC) in Abuja. According to the figures released by Office of the Accountant...

The Chief financial officer, Skye Bank Plc, Pius Olaoye has said the lender might sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting its capital adequacy. The Central Bank of Nigeria (CBN) shored up Skye Bank in July...

...to re-organise, promote effective service delivery The Bayelsa State Government on Wednesday inaugurated four Permanent Secretaries, including the principal of a secondary school, with a declaration that it will unfold some strategies in the first quarter of 2017 towards re-organizing the public service for effective service delivery. According to him,...

The Chief Executive Officer (CEO) of Channels Television, Mr John Momoh, has been sworn-in as the Chairman of the Broadcasting Organisation of Nigeria (BON). According to News Agency of Nigeria’s (NAN) report, Momoh promised that he will focus on education and continuous training of members during his tenure. He made...