archiveAugust 2020

• Address senseless killings, economic hardship, SANs, lawyers’ body, others tell govt The Nigerian Bar Association, senior lawyers and human rights groups on Tuesday took a swipe at the Federal Government for raising the fine for hate speech from N500,000 to N5m. The NBA and others, in separate interviews with...

The United Bank for Africa Plc (UBA), the leading pan-African financial services group, has acted as the lead arranger of a consortium of Nigerian commercial and international banks in a $1.5 billion pre-export finance facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development...

Gov. Godwin Obaseki of Edo has denied the allegation of bloated contracts, using his company, Afrinvest Ltd., to siphon state’s funds. Obaseki’s denial is contained in a statement issued by his Special Adviser on Media and Communication Strategy, Crusoe Osagie and made available to the News Agency of (NAN) on...

Rescue workers, on Wednesday continued their search for people missing under the rubble of collapsed buildings, a day after a massive blast at the port of Beirut killed 100 people. Some 4,000 people have been injured, many suffering from moderate to serious wounds, the Lebanese Red Cross said. Lebanese Red...

Petroleum dealers in Anambra have threatened to shut down operations in 21 days over alleged government multiple levies and indebtedness. The operators under the aegis of NNPC Enugu Depot Community issued the warning in a communiqué issued after an all stakeholders’ meeting held in Awka on Tuesday. Members of the...

The Federal Inland Revenue Service (FIRS), says the claim by Chairperson of NIPOST Board, Hajiya Maimuna Abubakar, that both the Service and the National Assembly appropriated NIPOST’s ideas about stamp duty to the exclusion of the postal service is untrue. Mr Abdullahi Ismaila Ahmad, Director, Communications and Liaison Department of...

The Lagos Chamber of Commerce and Industry (LCCI) said on Tuesday that it had concluded plans to host virtual Presidential Policy Dialogue, futuring Vice President Yemi Osinbajo as the Keynote Speaker. Dr Muda Yusuf, LCCI’s Director-General, said in a report that the dialogue scheduled to hold on Friday, would deliberate...

Activities on the Nigerian Stock Exchange (NSE) extended positive trend on Tuesday with key market indices appreciating further by 0.31 per cent. Specifically, the All Share Index (ASI) rose by 75.82 points or 0.31 per cent to close at 24,841.94 compared with 24,766.12 recorded on Monday. Similarly, the market capitalisation,...

President Muhammadu Buhari has again challenged the nation security agencies to rejig their strategies in the ongoing battle against insurgency, banditry and other violent crimes in some parts of the country. The National Security Adviser (NSA) to the President, retired Maj-Gen. Babagana Mongonu, revealed this when he briefed State House...

Residents of Ikire community in Irewole Local Government area of Osun have appealed to the state government to intervene in the 37-year-old kingship tussle in the town. Some of the residents, who spoke with the News Agency of Nigeria (NAN) in Ikire on Tuesday, said that the tension, which the...