archiveJanuary 2019

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate (MPR) unchanged at 14 per cent. The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the CBN’s headquarters...

Aliu Umar, the Nigerian government prosecutor in the ongoing trial of Chief Justice Walter Onnoghen, said on Tuesday that the government wants the judge out of office. Umar, in his opening address at the resumed hearing in the matter, said Mr Onnoghen had been written, and wondered whether he had...

The Federal Government said it has released N163 billion to the universities from the Tertiary Education Trust Fund (TETFund), but striking academics are stalling in calling off their strike. Sen. Chris Ngige, Minister of Labour and Employment, said this while addressing newsmen after a closed door reconciliatory meeting with leaders...

University administrator, Chief Afe Babalola (SAN), has suggested to the National Universities Commission (NUC) and the Federal Ministry of Education to adopt unified examinations for final year students in every course in Nigerian universities. The eminent lawyer, who spoke yesterday at the 10th matriculation ceremony and award for Afe Babalola...

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director. Oteh recently joined Oxford University as an Academic Scholar at St. Antony’s College and an Executive-in-Residence at SAID Business School. Her research areas of focus are...

President Muhammadu Buhari has ordered the Minister of Labour and Employment, Chris Ngige, to end the three-month-old strike by Nigerian university teachers at the ongoing meeting with the teachers. Ngige disclosed this in a statement issued during the resumed negotiation with the leadership of the Academic Staff Union of Universities...

The statement purportedly attributed to former president Olusegun Obasanjo regarding Vice President Yemi Osinbajo, SAN, and the Federal Government's TraderMoni microcredit scheme if, indeed true and accurate, is most unfortunate, according to the Senior Special Assistant to the President on Media & Publicity, Mr. Laolu Akande. While responding to media...

The Nigerian Bar Association (NBA) has asked the Federal Government to discontinue the trial of the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen before the Code of Conduct Tribunal (CCT). NBA President, Paul Usoro (SAN) in a statement on Monday claimed that it was now obvious that the actual...

The wife of the All Progressives Congress (APC) governorship candidate in Lagos State, Dr. Ibijoke Sanwo-Olu, has said retired medical practitioners would be engaged to achieve efficient healthcare delivery in the state, if her husband is elected. Sanwo-Olu, who is a medical practitioner, said improved healthcare would be a major...

eTranzact International PLC, Africa’s premier electronic payment solutions provider has gotten the express approval of shareholders of the company to raise its Authorized Share Capital from N2.1 billion  to N9.1 billion. The capital raise proposal of N7 billion was tabled by the Mr. Wole Abegunde, Chairman of eTranzact, at an...