archiveOctober 2018

A former works minister, Tony Anenih, is dead. According to Premium Times, his death was confirmed by multiple sources including his son who said the family would release a statement later tonight. Anenih, 85, died on Sunday evening at an Abuja hospital where he was receiving treatment for an undisclosed...

The Vice-President Yemi Osinbajo (SAN) has been accused of trying to revise history over the role Atiku Abubakar played in the actualizing of restructuring. The Atiku campaign organization reacting Osinbajo’s statement in Ibadan were he said Atiku Abubakar, the Peoples Democratic Party (PDP) presidential candidate opposed restructuring of the country...

The Board of Directors of Nigerian Breweries Plc has approved an interim dividend of N4,798, 141, 231 (four billion, seven hundred and ninety eight million, one hundred and forty one thousand, two hundred and thirty one Naira), that is, 60 (sixty) kobo per Ordinary Share of 50 kobo in the...

The Lagos State Police Command has launched a joint operation with other sister agencies to seriously tackle the upsurge in traffic gridlock on roads across the State caused by lawlessness on the part of some motorists, among other factors. Tagged Operation Restore Sanity On Lagos Roads/Operation Velvet, the police said...

  Vice President Yemi Osinbajo, SAN, is to attend the 20th Annual Global Child Nutrition Forum taking place in Tunis, Tunisia. The theme of the forum titled: "National School Meal Programmes for Food and Nutrition Security and Multiple Social Benefits" resonates with Nigeria's Homegrown School Feeding Programme of President Buhari’s...

  A Federal High Court sitting in Ado-Ekiti, Ekiti State has sentenced a man, Ayan Olubunmi, to two years imprisonment for posting nude pictures of his ex-lover, Asare Monica on the social media. Justice Taiwo Taiwoon Wednesday in his judgment also imposed a fine of N500,000 besides the two-year jail,...

The bears resurfaced strongly in the Nigerian equities market, as the market All-Share Index (ASI) fell by 2.37 per cent to 32,403.60 points, following significant sell pressure in the market’s heavyweight, Dangote Cement. Consequently, the Month-to-Date (-1.11 per cent) return turned negative, while the Year-to-Date loss increased to -15.27 per...

  The Federal Executive Council (FEC) on Wednesday approved a budgetary proposal of N8.73 trillion for 2019 fiscal year, N400 billion lower than the 2018 budget. The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, made this known while briefing State House correspondents at the end of the...

  The Nigeria Labour Congress(NLC) has resolved to report the Federal Government to the International Labour Organisation (ILO) over its White Paper on “No work, no pay’’ policy. This formed part of the resolutions in a communiqué issued at the end of an emergency meeting of the NLC National Executive...

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has again said that the decision of the Bank to restrict access to the foreign exchange official window for the importation of 41 items is in the best interest of the Nigerian economy. Emefiele stated this in Lokoja, Kogi State,...