archiveJune 16, 2020

.....says report will aid anti-corruption drive .....procures truck drilling rigs to maximise water provision The Oyo State government, on Tuesday, adopted the report of the committee set up to review projects and contracts signed between 2017 and 2019 by the last administration in the state. This disclosure was made by...

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, has arrested five alleged internet fraudsters, including one Adedamola Adewale, a self-acclaimed social media influencer, for their alleged involvement in internet-related fraud. The five suspects were apprehended in different areas of Lagos during a raid by operatives. While Adewale, 20,...

The concerned youths of the Osun State chapter of the Peoples Democratic Party (PDP) have kicked against the removal of the party Chairman, Hon. Olasoji Adagunodo. The youths at a press briefing addressed by Comrade Adekanmi Solomon, at Osogbo on Tuesday, the youths claimed that all allegations levelled against him...

The Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested a staff of First Bank of Nigeria Plc, Philips Orumade. He was picked up for allegedly stealing the sum of N18,900,000 from the bank. The staff was in charge of ATM gallery keys at Aduwawa branch...

The Abuja division of the Court of Appeal on Tuesday affirmed the suspension of the National Chairman of the All Progressive Congress (APC), Mr. Adams Oshiomhole. In a unanimous judgment, a three-man panel of the appellate court dismissed Oshiomhole’s appeal as lacking in merit. Justice Danlami Senchi of the High...

The European Union on Wednesday promised to stand by Nigeria and its people in the face of increased violence and instability by armed groups in the northern part of the country. The EU High Representative/Vice President, Josep Borrell, and Commissioner for Crisis Management, Janez Lenarčič, made the promised in a...

The Chartered Institute of Stockbrokers (CIS) has unfolded interim measures to boost its income stream and grow membership base in order to strengthen its operations. CIS had late last year approved recovery strategy for the huge outstanding membership annual dues and other applicable fees with graduated sanctions for defaulters. But...

The Economic Sustainability Committee (ESC) led by Vice President Yemi Osinbajo has called on the federal government to consider suspending the National Youth Service Corps (NYSC) orientation camp exercises for two years. In its report presented to President Muhammadu Buhari last week, the committee recommended the consideration of suspension of...

Prof. Is-haq Oloyede, the Registrar of the Joint Admissions and Matriculation Board (JAMB), on Tuesday said that 612, 557 candidates were offered admission into various tertiary institutions in 2019. Oloyede disclosed this in Abuja at the 2020 Policy Meeting on Admissions to Tertiary Institutions in Nigeria. He said about 510,...

Trading on the Nigerian Stock Exchange (NSE) maintained a negative trend on Tuesday with the market capitalisation dropping by N12 billion. Specifically, the market capitalisation, which opened at N13.017 trillion, lost N12 billion or 0.09 per cent to close at N13.005 trillion. Also, the All-Share Index (ASI) dipped by 23.44...