archiveMay 21, 2020

The Lagos State Executive Council has approved review of the state’s 2020 Budget by 21 per cent. The state Commissioner for Economic Planning and Budget, Mr Sam Egube, made this known at a press briefing on Thursday in Lagos. Egube said that this was to help mitigate the economic and...

Shareholders of Sterling Bank Plc, Nigeria's leading commercial bank have commended its financial performance and dividend payout for the financial year ended December 31, 2019. They gave the commendation at the 58th Annual General Meeting (AGM) of the bank held virtually by proxy and streamed live from the MUSON Centre...

President of the Senate, Ahmad Lawan, has distributed food palliatives to thousands of residents in Damaturu and the six local government areas in Yobe North Senatorial District of Yobe State. The local governments are: Bade, Nguru, Jakusko, Yusufari, Karasuwa, and Machina, respectively. The gesture by Senator Lawan was aimed at...

  The Economic and Financial Crimes Commission, EFCC on Wednesday, May 20, 2020, secured the conviction of an internet fraudster, Lawal Sholaru, who bagged six months imprisonment or a N400,000 (Four Hundred Thousand Naira) option of fine for defrauding an American, Mr. David Geobel, of $1,200 in an online scam....

  The United Kingdom on Thursday said it would be investing up to 20 million Pounds in the African Union’s new ‘Africa anti-COVID-19 fund’ to slow down the spread of coronavirus and save lives. The British High Commission in Nigeria said in a statement that the funding was announced by...

The Federal Government says it has paid back state governments N98.3 billion tax liabilities owed them by Nigerian universities’ lecturers under the pay as you earn (PAYE) tax system. The Accountant-General of the Federation (AGF), Mr Ahmed Idris, said the settlement followed claims by state governments of underpayment of tax...

  The Lagos State Commissioner for Health, Prof. Akin Abayomi, said on Thursday that the state was in the process of regularising home isolation and treatment for positive COVID-19 patients in the state. The commissioner said the state was hoping to make home isolation and care “an official option for...

  A Federal High Court sitting in Yenagoa, the Bayelsa State capital has convicted Yunusa Dahiru for the abduction of Ese Oruru. Justice Jane Inyang sentenced Dahiru to 24 years in prison in a judgment she delivered on Thursday. The abduction of Ese, the youngest child of Charles Oruru and...

The National Bureau of Statistics (NBS) has revealed that Nigeria’s Consumer Price Index (CPI) which measures inflation further rose by 0.08 per cent  to 12.34 per cent (year-on-year) in April from  12.26 per cent in the preceding month. The composite food index rose to 15.03 per cent compared to 14.98...

 The Ondo State House of Assembly, on Thursday in Akure, said that it was not probing anyone in respect of the controversial N4.3 billion state government funds discovered in a secret bank account. The News Agency of Nigeria, (NAN) reports that the discovery was made public in the 2018 Audit...