archiveNovember 13, 2018

  CNN filed a lawsuit on Tuesday against the Trump administration over the revocation of press credentials for White House Correspondent Jim Acosta. Acosta’s questions and reporting has been a frequent target of criticism by President Donald Trump. “We have asked this court for an immediate restraining order requiring the...

  The Debt Management Office (DMO) has said that the Federal Government would auction by subscription N115 billion worth of bonds on Nov. 21. The DMO said in a circular on its website on Tuesday that the five-year bonds of N35 billion to mature in April 2023 was offered at...

The Nigeria Employers' Consultative Association (NECA) has expressed shock and utter dismay at the behaviour of Mr. Lanre Gbajabiamila, new D.G. of the National Lottery Regulatory Commission (NLRC) in shutting down the offices and business premises of Nigeria Brewery Plc across the nation. Organised businesses under the auspices of NECA...

The Bayelsa State House of Assembly has called on the Inspector General of Police, Ibrahim Idris to stop further deployment of police commissioners tothe state in order not to raise unnecessary tension. The lawmakers say the incessant deployment of police commissioners to the state is worrisome and necessitated its emergency...

.Says payment to verified depositors to commence soon The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji  Umaru Ibrahim on Tuesday said that the corporation has started the verification of insured depositors of 145 Microfinance Banks (MFBs), and six Primary Mortgage Banks (PMBs) that the Central Bank of Nigeria...

  The House of Representatives ad-hoc Committee on Emergency and Disaster Preparedness has insisted that Vice President Yemi Osinbajo has a case to answer over his alleged role in the disbursement of N5.865 billion Emergency Intervention Fund for the North-East. Osinbajo as the Chairman, Governing Board of National Emergency Management...

Trading activities on the Nigerian Stock Exchange (NSE) on Tuesday posted marginal growth of 0.03 per cent even as the All-Share Index rose by 9.49 points or 0.03 per cent to close at 32,152.90 compared with 32,143.41 posted on Monday. Also, the market capitalisation which opened at N11.734 trillion, grew...

  The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director of the Corporation, Alhaji Umaru Ibrahim, disclosed this in Benin City on Tuesday at the opening of a workshop for financial journalists organised by the NDIC. He said that...

  MSSN applauds the move The Lagos State Government on Tuesday ordered the Tutor-General and Permanent Secretaries and Principals to immediately permit use of Hijab, (Muslims headscarf) in public schools. According to Vanguard newspaper report,  the circular  which contained the directive titled: ‘Re: The Use of Hijab in Lagos State...

  Vice-President, Prof. Yemi Osinbajo, has said the N-Power programme of the Federal Government will be expanded to accommodate one million beneficiaries in the next phase. Osinbajo said this on Tuesday while responding to questions at a town-hall meeting in Abuja. The vice-president said that N-Power was borne out of...