archiveMay 2019

  A human rights lawyer and Senior Advocate of Nigeria (SAN), Mr. Femi Falana, has raised the alarm over the alleged diversion of Universal Basic Education (UBE) fund by the state governments. Falana in a statement yesterday said that  every Nigerian child is entitled to free and compulsory education from...

The Presidency said on Sunday that the Minister of Labour and Employment, Dr Chris Ngige, had the backing of President Muhammadu Buhari in all the actions he (the minister) had taken concerning the Nigeria Social Insurance Trust Fund, including the controversial appointment of Mr Austin Enejamo-Isire to “replace” Chief Frank...

The Vice-President, Prof Yemi Osinbajo, has said the Federal Government will deal decisively with individuals and organisations that are highly indebted to the Asset Management Corporation of Nigeria(AMCON) even as he said that the government will stop doing business such persons and orgnisations. He said they had made it impossible...

  The Central Bank of Nigeria (CBN) on Suday dismissed as false and misleading allegations of fraudulent transactions against its top officials with respect to a purported N150 billion bad loan in its accounts for 2018. Director, Corporate Communications, CBN, Isaac Okoroafor said  In a statement issued Sunday: “The Management...

  The slump in the international crude oil price took its toll on the Federal Account Allocation Committee (FAAC), as its disbursements between January and March 2019 dropped to $1.929 trillion as against N1.938 trillion disbursed for the same period in 2018; representing 0.45% reduction. This information is contained in...

The All-Share Index and Market Capitalization of the Nigerian Stock Exchange (NSE) depreciated by 1.25 per cent last week to close at 28,847.81 and N10.842 trillion respectively. In the week under review, 18 equities appreciated in prices, lower than 32 in the previous week even as 49 equities depreciated in...

The Presidency has listed the various measures and initiatives so far taken to address the spate of crime and criminality across the country, assuring that the “evildoers will be beaten, and badly, too.’’ The President’s Special Adviser on Media and Publicity, Mr Femi Adesina, who listed the initiatives in a...

Kano State Governor, Dr Abdullahi Ganduje, on Sunday presented staff of office to the four newly appointed emirs. The four new emirs are Aminu Ado-Bayero, Bichi; Tafida Ila, Rano; Ibrahim Abdulkadir, Gaya and; Ibrahim Abubakar ll, Karaye. The governor had on Saturday presented appointment letters to the new emirs, saying...

  …as employers hand immediate job placements to 28% of trainees   In furtherance of its commitment to build capacity and up-skill youths whilst empowering unemployed and underemployed persons in the state, the Lagos State Employment Trust Fund (LSETF) under its skills acquisition scheme, the Lagos State Employability Support Project...

  *Speaks of forthcoming expansion of Buhari's Social Investment   The successes recorded in the deployment of the Social Investment Programmes across the country and the planned expansion of the schemes in the Next Level reveals the Buhari administration’s commitment to the welfare of the common man, according to Vice...