archiveMay 2020

  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...

Vice President Yemi Osinbajo on Thursday, presided over the first ever virtual meeting of the National Economic Council (NEC) at the Presidential Villa, Abuja. The meeting anchored from the Yellow Room, Office of the Vice President, was the fourth for the year as the nation strives to contain the spread...

The World Health Organisation (WHO) on Thursday reported that COVID-19 cases in Africa as at May 21, had risen to over 95, 000. WHO Regional Office for Africa in Brazzaville, Congo, gave the update on its official twitter account @WHOAFRO. “There are over 95,000 confirmed COVID-19 cases on the African...

  Leading Nigerian agribusiness company, Notore Chemical Industries Plc, has cushioned the socio-economic effects of the coronavirus (COVID-19) pandemic in Rivers State, with the donation of truckloads of food items and relief materials to its host communities in the state and the Rivers State Government.  The Group Managing Director of...