archiveSeptember 17, 2020

The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 Federation Account revenue to the Federal, States and Local Government Councils and agencies. This was made known after the monthly FAAC meeting for September 2020 held through virtual conferencing, chaired by Dr. Mahmud Isa-Dutse, Permanent...

Negative sentiment continued on the Nigerian Stock Exchange (NSE) on Thursday with the market capitalisation declining further by N8 billion. The market capitalisation lost N8 billion to close at N13.344 trillion against N13.352 trillion achieved on Wednesday. Also, the All-Share Index dipped 17.57 points or 0.07 per cent to close...

Justice Sikiru Oyinloye of the Kwara State High Court on Wednesday, September 16, 2020, convicted and sentenced 29-year-old Usman Muhammed to prison for romance scam. The convict was prosecuted by the Ilorin zonal office of the Economic and Financial Crimes Commission (EFCC) on one-count charge of impersonation. The charge read,...

Suspension of Budget Support Facility deductions from States to continue till April, 2021 In a bid to prevent a complacent attitude in confronting the COVID-19 pandemic in the country, the National Economic Council rose from its September meeting urging Nigerians to remain alert and maintain the precautions necessary to fight...

  *We‘ve approved N1.65 billion for remodeling of 351 PHCs; N1bn for Teachers’ leave bonus- Makinde ...says Oyo will continue people-centred projects '...we won’t chase away street traders without providing alternatives' Governor of Oyo State, Engineer Seyi Makinde, on Thursday, led top government functionaries and other stakeholders to host the...

The Corps Marshall and Chief Executive Officer, Kaduna State Traffic Law Enforcement Authority, (KASTLEA), Major Garba Yahaya (rtd), has called for the inclusion of anti-corruption studies, in schools' curricula, from primary level to university level, as a veritable means of minimising the effects of corruption in Nigeria. He made this...

President Muhammadu Buhari has signed into law the Nigeria Police Bill, 2020. The Act repeals the Police Act Cap. P19. Laws of the Federation, 2004, and provides for a more effective and well-organized Police Force, driven by the principles of transparency and accountability in its operations and management of its...

  The Federal Government on Thursday launched the Central Database on Recovered Asset and the Central Criminal Justice Information System (CCJIS)  to enhance transparency in its fight against corruption in the country. The tools, offshoot of the Asset Tracing, Recovery and Management Regulations, 2019 and the National Anti-Corruption Strategy, is...

Popular Yoruba actor, producer and singer, Jimoh Aliu, is dead. Aliu, popularly called Aworo, died on Thursday at the age of 81 in Ado-Ekiti, the Ekiti State capital after an undisclosed illness. One of his sons, Rasaq Aliu, confirmed the death to. The deceased was born on November 11, 1939...

  The Pro-Chancellor, University of Lagos, Dr. Wale Babalakin, has tendered his resignation. This followed the alleged disagreement with the federal government’s visitation panel sent to the university. The Senior Advocate of Nigeria (SAN) was recently replaced with media mogul, John Momoh. Babalakin said there were too many vested interests...