archiveSeptember 2020

  President Muhammadu Buhari says his administration has embarked on implementation of policies, programmes and projects aimed at closing the gap between the different classes to bring joy to a greater number of the citizens. The president stated this in Abuja on Tuesday at the end of the two-day First...

 Union Bank of Nigeria Plc has informed the Nigerian Stock Exchange (NSE), shareholders and the investing public of the appointment of  Mr Emeka Ogbechie as a Non-Executive Director of the bank, replacing Mr Dick Kramer, who retired in September 2019, on its Board of Directors.The bank gave the information in...

N637.2B for Agric ESP to create 5m jobs N152.4B for Solar projects to power 5m homes, covering 25m Nigerians & creating 250,000 jobs N217.3B for 300,000 Mass Housing, & 1.5m jobs N52B Public Works for 774,000 jobs N100B to create half a million MSMEs jobs Though the Federal Government has...

The Economic and Financial Crimes Commission (EFCC) on Tuesday, September 8, 2020 re-arraigned Malabu Oil & Gas Limited, Aliyu Abubakar and six others before Justice I.E. Ekwo of the Federal High Court sitting in Abuja, on sixty-seven amended charges, bordering on money laundering to the tune of $875,740,000( Eight Hundred...

The Economic and Financial Crimes Commission (EFCC) Sokoto Zonal Office has arraigned a banker, Ezeagbor Chijioke and two others: Anthony Chidiebere Nneji and Ibenegbu Chukwudi Francis before Justice Muhammad Muhammad of the Sokoto State High Court on four -count charges bordering on conspiracy, forgery and obtaining money by false pretences...

 European football faces further financial setback amid the coronavirus pandemic as governing body UEFA is returning about 575 million euros (about 259 billion Naira) to broadcasters. European Club Association (ECA) chairman Andrea Agnelli said on Tuesday that UEFA is repaying 575 million euros (680 million dollars). He said this was because...

Trading on the Nigerian Stock Exchange (NSE) maintained negative mood on Tuesday with the All-Share Index losing 0.33 per cent, amid sell pressure in banking equities. Specifically, the NSE All-Share which opened at 25,582.23 lost 84.91 points or 0.33 per cent to close at 25,497.32. Similarly, the market capitalisation shed...

The Standards Organisation of Nigeria (SON) has destroyed four truck loads of substandard electric cables. Director-General, SON, Mr Osita Aboloma, at the destruction exercise on Tuesday explained that the substandard electric cables with no economic value were dangerous to both lives and property. Aboloma represented by the Director, Inspectorate and...

The Peoples Democratic Party (PDP) on Tuesday said Nigerians may not survive the increment in electricity tariff and price of petrol. PDP explained that the level of poverty in Nigeria was much, hence it would be difficult for Nigerians to survive the new increment. A statement by PDP’s spokesman, Kola...

    The Oodua Peoples Congress (OPC) has warned the Nigerian Government that the increase in the price of petrol and electricity would inflict hardship on ordinary citizens, stressing that the removal of the subsidy was wrongly timed. OPC in a statement by its Publicity Secretary, Yinka Oguntimehin, described the...