archiveJuly 2020

U.S. President Donald Trump’s decision to officially quit the World Health Organisation (WHO) has sparked outrage among U.S. lawmakers, raising concerns over the ongoing global fight against the coronavirus pandemic. “To call Trump’s response to COVID-9 chaotic and incoherent doesn’t do it justice. “This won’t protect American lives or interests...

The former U.S. police officer charged in the death of George Floyd told him to stop shouting and save his breath as he knelt on his neck and Floyd gasped for air, according to a newly released transcript of police body camera footage. The death of Floyd, a Black man,...

A former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, has told an Abuja Federal High Court that the cash the Economic and Financial Crimes Commission (EFCC) seized from him, were gifts he received after he left office. In February 2017, the EFCC recovered $9.7 million...

By Olukayode Kolawole E-commerce platforms have proven to be critical enablers of economic growth and social development for Nigeria in spite of the myriad challenges occasioned by the tough operating environment. A key player, Jumia is fostering cashless and financial inclusion by encouraging Nigerians to move from brick-and-mortar malls to...

The Federal Government on Wednesday said about 600 companies have applied to be pre-qualified for the ongoing bid rounds of 57 marginal oil fields. The Director/CEO, Department of Petroleum Resources (DPR), Sarki Auwalu, during the fourth Webinar series organised by the Nigerian Association of Petroleum Explorationists (NAPE), themed; “Nigerian Marginal...

Ivory Coast’s Prime Minister Amadou Gon Coulibaly has died after falling ill at a ministerial meeting. The 61-year-old had been chosen as the ruling party’s candidate for October’s presidential election, after Alassane Ouattara said he would not seek a third term in office. Gon Coulibaly had only just returned from...

As the acting chairman of the EFCC faces presidential panel over alleged diversion of recovered loots, an unconfirmed report broke out on social media. The report claimed that the Economic and Financial Crime Commission (EFCC) boss, Ibrahim Magu told the panel that he gave Vice President Yemi Osinbajo N4 billion....

Access Bank Plc has commenced discussion towards full acquisition of Zambia-based financial institution, Cavmont Bank Limited through its Zambian subsidiary, Access Bank Zambia Limited. Access Bank in a regulatory filing at the Nigerian Stock Exchange (NSE), stated that it has started entered discussions to acquire 100 per cent equity stake...

The Federal Executive Council (FEC) meeting on Wednesday approved projects worth a total of N109,187,264,000 for Ministry of Works and Housing and the Ministry of Education. The meeting, presided over by President Muhammed Buhari, had received two memoranda from the Ministry of Works and Housing and one from Education. These...

The penalty and interest waiver window on tax debts, owed by businesses and persons, earlier due on 30th June would now run out by 31st August, the Federal Inland Revenue Service (FIRS) said Wednesday. The extension forms part of the buffers offered by the fiscal authority, FIRS Chair Mr Muhammadu...