archive2020

Ekiti State House of Assembly, on Friday, passed the bill for the establishment of Ekiti State Security Network Agency and Amotekun Corps into law. The Speaker, Funminiyi Afuye, said, “Having passed through the third reading, the bill has become a law.” Afuye, who lauded the lawmakers for their “leadership and...

    Some 7,700 attacks are found to have been unleashed on Nigerians, South Africans and Kenyans by cybercriminals. The attacks, targeted at lovers celebrating this year’s Valentine Day’s celebration, come through apps downloading. Russian cybersecurity outfit, Kaspersky, which discovered these breaches, disclosed that its analysis showed that within 2019,...

  The Independent National Electoral Electoral Commission (INEC) on Friday declared the candidate of the Peoples Democratic Party (PDP), Douye Diri, as the winner of the November 16 governorship election of Bayelsa State. The chairman of INEC, Prof. Mahmood Yakubu, said the commission would give him the Certificate of Return...

  P&G to open new multi-million dollar plant in Nigeria The Federal Government will support any partnership that addresses literacy and educational challenges including the problem of out of school children and girl child education in Nigeria, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this on Thursday...

Capital market operators should be bracing up for recapitalisation programme as indications emerged on Thursday that the Securities and Exchange Commission (SEC) may introduce  new minimum capital requirements. Mr Reginald Karawusa, SEC acting Executive Commissioner, Legal and Enforcement, gave the indication at a media session with Business Editors in Lagos...

  The World Bank on Thursday pledged to support Africa to expand credit to small and medium enterprises (SMEs). Luz Salamina, the Lead Financial Sector Specialists of World Bank said this at the 5th Africa Credit Information Sharing Conference 2020 that aimed at taking stock of the progress achieved in...

    Osun Government on Thursday endorsed the draft bill for the establishment of Western Nigeria Security Network (WNSN) codenamed “Operation Amotekun”. The Chief Press Secretary to Gov. Gboyega Oyetola, Mr Ismail Omipidan, confirmed the endorsement to newsmen in Osogbo, adding that the decision was taken at an emergency meeting...

The Speaker, Lagos State House of Assembly, Mr Mudashiru Obasa, on Thursday said the restriction and ban placed on operation of motorcycles and tricycles in some major highways was for safety of the citizenry. Obasa made this known at a meeting he held with the Associations of Motorcycles and Tricycles...

  The National Agency for Food and Drugs Administration and Control (NAFDAC) has warned food vendors and others against the use of paracetamol as tenderiser in cooking meat and beans, saying it can cause kidney and liver failure. Mrs Roseline Ajayi, the Kwara Coordinator of NAFDAC, said this on Thursday...

The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) shared N8.15 trillion  in 2019. NEITI disclosed this on it quarterly report released in Abuja, on Thursday. It said the figure is N377billion or 4.42...