archiveAugust 2020

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has organised a three-day training workshop for Business Membership Organisations (BMOs), Non-Governmental Organisations (NGOs) and Trade Associations, on ways of addressing challenges facing business environment in the country. Speaking at the event in Jos on Tuesday, Dr Dikko Radda, the...

Ismaila Mustapha, alias Mompha, who is facing money laundering charges, has asked the Federal High Court in Lagos to compel the anti-graft agency to pay him N5 million for what he termed his “unlawful re-arrest and detention.” Mompha who is standing trial for N32 billion fraud charges, was re-arrested last...

The European Union delegation in Nigeria has promised to support the country in tackling climate change in an effort to ensure environmental stability and achieve its objectives by the year 2030. Kathryn Mulvad Thomson, Team Leader and Head of Economic Development/Energy section, made this known in a video session on...

The Presiding Bishop of the Living Faith Church Worldwide, also known as the Winners Chapel, David Oyedepo, has told those insulting him that they are wasting their time. Oyedepo has come under criticism for warning the Federal Government on some provisions of the newly-signed Companies and Allied Matters Acts (CAMA)...

  Former President Goodluck Jonathan, who is the Economic Community of West African States’ Special Envoy to the Republic of Mali, on Tuesday, met with the President  Muhammadu Buhari at the Presidential Villa, Abuja. At the meeting held behind closed doors, Jonathan told his successor that the country’s main opposition...

Prof. Adesoji Adesugba, Managing Director, Nigeria Export Processing Zones Authority (NEPZA), has described the Dangote Petrochemical Free Trade Zone Enterprise as a ‘one-world project’, capable of fast- tracking the country’s industrialisation process. Adesugba made the remark in a statement issued by NEPZA’s Head, Corporate Communications, Martins Odeh, on Tuesday in...

Justice Oluwatoyin Taiwo of the Lagos State Special Offences Court, Ikeja has convicted and sentenced Abiona Akinyemi Festus to two-year imprisonment for internet fraud. The convict who was prosecuted by the Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) on a two-count charge of internet fraud was...

  The Nigeria Union of Journalists (NUJ) has condemned the imposition of N5 million fine on Nigeria Info radio stationby the National Broadcasting Commission (NBC) over an alleged hate speech. The National President of NUJ, Comrade Chris Isiguzo in a statement issued on Tuesday demanded that the NBC withdraw the...

The House of Representatives on Tuesday suspended its investigative hearing on Nigeria’s external borrowings and commercial agreements with other countries, especially China. The House Committee on Treaties, Protocols, and Agreements had invited several ministers and top officials of the Federal Government to the third hearing on Tuesday. Expected at the...

Access Bank Plc said it has secured a Subordinated Syndicated Loan Agreement with the Dutch development bank FMO, the French private sector development bank Proparco, and a leading investment firm, Symbiotics amounting to $93.8 million. The lender said the tier-II capital facility was structured as a “10 years non-call 5...