archiveAugust 2020

The Federal Executive Council (FEC) on Wednesday approved N5.49 billion for revised costing of federal secretariat projects in five states and a dam project in the Federal Capital Territory (FCT), Abuja. This was disclosed to State House Correspondents at the close of the week’s FEC meeting, presided over by President...

The Inspector-General of Police, Mohammed Adamu, has deployed additional investigative aids to Oyo State to complement the efforts of the Oyo State Police Command in the ongoing manhunt and efforts at re-arresting Sunday Shodipe, a prime suspect in the multiple murder of innocent citizens in Moniya, Akinyele Local Government Area...

The Academic Staff Union of Universities (ASUU) has lambasted the University of Lagos (UNILAG) Governing Council Chairman, Wale Babalakin, telling him that to hire and fire of a Vice-Chancellor was not his sole right. The council had sacked UNILAG VC, Prof. Oluwatoyin Ogundipe and named Prof. Theophilus Omololu Soyombo (Faculty...

Mali has been suspended from the Economic Community of West African States (ECOWAS) decision making bodies with immediate effect. ECOWAS decision followed the recent military forceful takeover of government in that country. Besides, the Coupist have been denied all kind of legitimacy by the regional body, while also demanding the...

South African authorities are investigating government departments for graft over irregularities in coronavirus-related tenders worth 290 million dollars (5 billion rand), the head of its Special Investigating Unit (SIU) told lawmakers on Wednesday. The figure is likely to add to pressure on President Cyril Ramaphosa and the ruling African National...

The Federal High Court, Abuja, on Wednesday, ordered the Governor of Taraba, Darius Ishaku, to appear before it over allegations of bias levelled against him in setting up a probe panel on the incessant communal clashes between the Jukun and Tiv Tribes in the state. Also summoned are the four...

Prudential Zenith Life Insurance has donated $100,000 (N38 million) to Slum2school Africa, to help cushion the impacts of the COVID-19 pandemic on education in disadvantaged communities across Nigeria. Mr Chuks Igumbor, Managing Director and Chief Executive Officer, Prudential Zenith Life Insurance Ltd., made this known in a statement in Lagos...

  Following the successful launch of the Financial Centre for Sustainability Lagos, an initiative set on inspiring a greener Nigeria through sustainability principles, in collaboration with market stakeholders, a Declaration was co-signed by the Executive Governor, Lagos State, Mr. Babajide Sanwo-Olu and the Chairman, FC4S Lagos, Mr. Bola Onadele. Koko....

  The Nigerian Communications Commission (NCC) has been described as the most useless regulatory agency of the Federal Government of Nigeria. A forensic accountant, Mogaji Ori Adeyemo, in an interview with Business247News Online in Lagos expressed a strong view on the poor performance of the regulator of the telecommunication sector...

Central China’s Hunan Province on Wednesday opened a cocoa trading centre to connect Africa, the world’s leading cocoa producer, to China’s fast-growing appetite for chocolate. The African Cocoa Marketing Centre, established in Changsha, the provincial capital of Hunan, will start by selling cocoa mainly from Ghana before bringing in products...