archiveJune 18, 2020

Former governor of Oyo State, Abiola Ajimobi, has slipped into coma as a result of Coronavirus complications. According to SahareReporters, Ajimobi has been in Intensive Care Unit at First Cardiology Hospital, Ikoyi, Lagos, since he was rushed to the place few weeks ago after it emerged he had the virus....

The Federal Government says the Electricity Distribution Companies (DisCos) will soon be repositioned for effective service delivery. The Minister of State for Power, Mr Goddy Jedy-Agba, made this known while speaking with journalists after inspecting facilities at the Abuja Electricity Distribution Company (AEDC) on Thursday in Abuja. According to him,...

The Federal Government has asked Nigerians to prepare for difficult days ahead as cases of persons infected with COVID-19 continue to rise. The government noted that the effect of the rising numbers would be seen in three weeks through increased death figures as a result of the pandemic as Nigeria...

Transactions on the Nigerian Stock Exchange (NSE) returned to negative territory on Thursday with the market capitalisation dropping N21 billion. Specifically, the market capitalisation which opened trading at N13.027 trillion, shed N21 billion or 0.16 per cent to close at N13.006 trillion. Also, the All-Share Index lost 39.48 points or...

The Central Bank of Nigeria (CBN) has concluded plan to fund the value chains of nine commodities to the tune of N432 billion in the 2020 wet season. Mr Yila Yusuf, the Director, Development Finance Department of the CBN, disclosed this at a stakeholders meeting in Abuja on Thursday. Yusuf...

Nem Insurance Plc on Thursday announced gross premium of N19.8 billion and dividend payment of 15k per share for the financial year ended Dec. 31, 2019. The company made the announcement at its 2019 Annual General Meeting (AGM) by proxy held in Lagos. Addressing the shareholders at the meeting, Mr...

The Oyo State former Governor, Abiola Ajimobi, has been reported to have died on Thursday at a yet to be reviewed hospital after a brief illness in the country suspected to be COVID-19. A source close to the family of the former governor disclosed the development to our correspondent in...

An Ikeja High Court on Thursday found a barber, Sunday Kenneth, not guilty of the charges of conspiracy and armed robbery, six years after incarceration in the Kirikiri Medium Correctional Centre for the alleged crimes. The News Agency of Nigeria (NAN) reports that Justice Josephine Oyefeso, in a judgment read...

The Senate on Thursday, via its Committee on Aviation, said re-opening of nation’s airports for operation on June 21 was unrealistic, following concerns raised by workers in the aviation industry. Chairman of the Committee, Sen. Smart Adeyemi (APC Kogi), gave the position when the committee met with officials of Senior...

• urges police to expand forensic protocols against crime Wife of the Oyo State governor, Engineer Tamunominini Makinde, on Thursday, declared that the state government would harmonise all efforts to ensure that justice is served to all victims of sexual violence in the state. Mrs. Makinde, who gave this position...