archive2020

  The Economic and Financial Crimes Commission (EFCC) on Monday, December 7, 2020, urged Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos to dismiss the no-case submission filed by Abdullahi Babalele, a son-in-law to a former Vice President, Atiku Abubakar. Babalele was re-arraigned on Thursday, October...

  President Muhammadu Buhari Monday renewed the appointment of Ahmed Kuru as the Managing Director of Asset Management Corporation of Nigeria (AMCON) even as he has also appointed Bello Hassan and Mustapha Muhammad Ibrahim as the Managing Director and Executive Director of the Nigeria Deposit Insurance Corporation (NDIC). He also...

  President Muhammadu Buhari is scheduled to address a joint session of the National Assembly on Thursday, December 10, 2020. Personal Assistant to the President on Social Media, Lauretta Onochie, disclosed this on her verified Twitter handle, @Laurestar, on Monday. The President is expected to brief the federal legislators on...

 The nation’s bourse opened trading for the week on Monday with a loss of N38 billion due to profit taking on Ecobank Transnational Incoporated (ETI), Zenith Bank and Nigerian Breweries. Specifically, the market capitalisation shed N38 billion or 0.21 per cent to close at N18.327 trillion from N18.365 trillion achieved...

 Centre for International Private Enterprise (CIPE) has said that huge sums lost to corruption in Africa was enough to provide 24 hours uninterrupted power supply for three years. Andrew Wilson, CIPE Executive Director, stated this at the 2020 edition of the Africa Business Ethics Conference (ABEC) on Monday in Lagos....

  The total value of Nigeria’s merchandise trade from January to date is to N23.2 trillion, while trade in the third quarter of 2020 (Q3 2020) stood at N8.37 trillion. The National Bureau of Statistics (NBS) said this in its “Foreign Trade in Goods Statistics Q3, 2020” published on its...

  The Nigeria Railway Corporation on Monday announced the commencement of rail service operations on the Lagos-Abeokuta-Ibadan standard gauge train. The Railway District Manager, Mr Jerry Oche, made the disclosure in a statement in Lagos. Oche explained that the newly introduced service provided fully air-conditioned train services in different categories....

  dedicates the award to his Distinguished colleagues in Senate   President of the Senate, Ahmad Lawan was on Sunday night awarded the 2019 Zik Prize in Political Leadership. Lawan's Chief of Staff, Dr Babagana Muhammad-Aji was at the impressive ceremony in Lagos to receive the award on behalf of...

Ghana is set to elect a parliament and president in a race dubbed the battle of two giants. Incumbent Nana Addo Akufo-Addo of the ruling New Patriotic Party (NPP) faces off against former president John Dramani Mahama, leader of the National Democratic Congress (NDC). It is the third time Akufo-Addo...

President Muhammadu Buhari Monday said Nigerians are at liberty to freely express themselves in a democracy but the government will not tolerate any acts of hooliganism. He said hooligans hiding behind lawful and peaceful protests will be dealt with decisively to ensure peace and stability in the country. The warning...