archiveMay 28, 2019

A Chief Magistrates’ Court in Kano, on Tuesday, ordered the arrest of three persons including: Mannir Sanusi, the Chief of Staff to the Emir of Kano, Muhammadu Sanusi II. NAN reports that the three were dragged before the court by the Kano State Public Complainant and Anti-corruption Commission for failing...

Outgoing Lagos State Governor, Akinwunmi Ambode, has bade farewell to the people of the state, as his tenure ends tomorrow, May 29, 2019. He lost his re-election bid after he failed to win the primaries of his party, the All Progressives Congress (APC) in Lagos last year. Senator, Bola Tinubu,...

Pan-African banking group EcobankTransnational Inc. has mandated four financial institutions to help it raise $50 million from the International Capital Market (ICM) to boost its operations in the continent. The lender in a filing to the Nigerian Stock Exchange (NSE) on Tuesday said it has appointed Deutsche Bank, Renaissance Capital,...

  I will not abandon Ambode’s projects The Lagos State governor-elect, Babajide Sanwo-Olu, has assured people of the state that his administration would be transparent, accessible and be a listening one. Sanwo-Olu said his administration would be opened to ideas from the people who may not “necessarily have their way”....

  A Pan Yoruba socio-political group, Afenifere has called on the Federal Government to urgently address the growing trend of insecurity in the country, particularly the attacks by suspected Fulani herdsmen within the South West states, which the group stated that it was targeted primarily at non-Fulanis. The group made...

  The Securities and Exchange Commission (SEC) yesterday said it did not invite the Economic and Financial Crimes Commission (EFCC) into its ongoing investigation of the process that led to the listing of MTN Nigeria Communications Plc’s shares on the Nigerian Stock Exchange (NSE). A top official of the Commission,...

  A report released by the National Bureau of Statistics (NBS) has revealed that a sum of N289.04 billion was generated as Value Added Tax (VAT) in first quarter 2019. The Sectoral distribution of VAT data for Q1 2019 which was released on NBS website on Monday revealed that the...

  In a bid to free Nigeria from the menace of open defecation, the Federal Government on Monday pledged to provide public toilet facilities across the nation. The Minister of Water Resources, Mr Suleiman Adamu, made the disclosure when he formally inaugurated the Clean Nigeria Campaign Secretariat in Abuja. Adamu...

The Securities and Exchange Commission (SEC) has warned operators in the nation’s capital market to desist from unethical practices that can lead to strict regulatory actions. The was contained in a statement on Monday SEC’s Head of Media, Mrs Efe Ebelo, stressing that the attention of the commission had been...

The Federal Government of Nigeria (FGN) has disclosed plans to issue a second Green Bond of up to N15 billion. This was disclosed in a statement on Monday by the Debt Management Office (DMO). The statement reads, “Following the Federal Government of Nigeria’s (FGN’s) successful debut Green Bond Issuance of...