archiveAugust 2020

The Polytechnic,  Ibadan, says preparations were underway to reopen the institution several months after it was closed due to the outbreak of the COVID-19 pandemic. The Registrar of the institution, Mrs Modupe Fawale, said this in a statement issued by the institution’s Public Relations Officer, Mr Solafoye Adewole, on Sunday in...

A Plant Physiologist, Dr Olufunmilayo Idowu, has advised Nigerians to eat mushrooms because of its antioxidants content that could protect the human body against cancer. In an interview with the News Agency of Nigeria (NAN) in Ibadan on Monday, Idowu of the National Horticultural Research Institute (NIHORT) said some species...

Justice Ahmed Mohammed of the Abuja Division of the Federal High Court has ordered the freezing of 65 bank accounts of 12 firms and a man over alleged manipulation of the Nigeria’s foreign exchange market. The order was sequel to an exparte application brought by the Central Bank of Nigeria...

Report by Amnesty International Nigeria has revealed that at least 1,126 villagers were killed by bandits while no less than 380 persons were kidnapped from January to June 2020. In the report, Amnesty International blamed the inactions of the government, saying their failings left the rural communities at the mercy...

Nigeria’s Gross Domestic Product (GDP) in the second quarter decreased by six per cent, a new report by the National Bureau of Statistics (NBS) revealed on Monday. Announcing the release of the report, the Statistician-General of Nigeria, Dr Yemi Kale, said, “Industry real GDP contracted by -12.05% compared to 2.26%...

Enugu State Police Command has confirmed two Department of State Security (DSS) operatives and four others dead in a clash with members of the proscribed Indigenous Peoples of Biafra (IPOB) on Sunday. A statement explained police moved in following credible information that suspected IPOB numbering over 500 had gone on...

    A total of 1,002 persons have died of Coronavirus in Nigeria. According to a tweet by the Nigeria Center for Disease Control (NCDC) released on Sunday night, 322 new cases were recorded across the country. So far, Nigeria has 52,227 confirmed cases with 38,945 persons discharged. Lagos State...

Lagos Commissioner for Health, Professor Akin Abayomi, has tested positive for coronavirus. Commissioner for Information and Strategy Gbenga Omotoso announced this on Monday via Twitter. He said: “Subsequent to close contact with persons feeling unwell and testing positive for the COVID-19 infection, the Honourable Commissioner for Health, Professor Akin Abayomi,...

Mogaji Ori Adeyemo, the Managing Consultant of Forensic Consulting, a Nigerian foremost forensic accountant, played host to the Business247News Online team in an engaging one-on-one interview at the weekend. The Ibadan high chief was in his elements as he responded to various issues put before him. Happy reading. What would...

Lasaco Assurance Plc says it has proposed to pay its shareholders a dividend of 5k for the financial year ended Dec. 31, 2019. The insurance firm, said in a statement made available to newsmen in Lagos that the decision to reward the shareholders in view of harsh operating environment was reached...