archive2020

President Muhammadu Buhari says “harder times’’ await bandits whose disruptive activities have brought sorrow to Nigerians, kept many away from their means of livelihood, and heightened insecurity in parts of the country. The president stated this when he received a delegation of Eminent and Respected Citizens of Niger State led...

  The Economic and Financial Crimes Commission (EFCC) has launched a corruption investigation into the activities of the billionaire business mogul, Kessington Adebutu aka “Baba Ijebu.” According to Premium Times reports, detectives from the Commission’s office in Lagos on Tuesday arrested Segun, the son of the gambling mogul. He was...

seeks introduction of community policing President of the the Senate, Ahmad Ibrahim Lawan, has said the Ninth Senate will summon the Inspector-General of Police, Mohammed Abubakar Adamu to brief the upper chamber on efforts in progress to address the escalating cases of insecurity in the country. This was even as...

  President of the Senate, Ahmad Lawan has reassured Nigerians that the ninth National Assembly will not pass any law to the detriment of the country. Lawan gave the assurance on Tuesday when members of the Board and Management of the African Independent Television (AIT) paid him a courtesy call...

  The Nigeria Deposit Insurance Corporation (NDIC) has responded to technological innovations and applications in financial services with the establishment of a new “Fintech and Innovations Unit” to align with contemporary trends in advanced economies. The development is also in consonance with the Corporation’s Strategic Vision, which is to become...

    …says sacked desperate LG chairmen targeting LGs funds Oyo State Governor, Engineer Seyi Makinde, on Tuesday, declared that his administration would ensure that the State’s Internally Generated Revenue (IGR) is able to offset its recurrent expenditure before the end of his current tenure. Governor Makinde, who made the...

  A 53-year-old man, Saleh Magaji, has been sentenced to death by hanging by a court in Kaduna for slaughtering four of his children after a quarrel with his wife in November 2015. Saleh and his wife had an issue the night before the dastard act but she fled the...

Operators in the Nigerian stock market on Tuesday attributed low participation of Pension Fund Administrators (PFAs) in equities market to unimpressive returns. They told the News Agency of Nigeria (NAN) in Lagos that negative returns recorded by the Nigerian Stock Exchange (NSE) in 2018 and 2019 made PFAs to reduce...

to get $417m from Global Fund to tackle Malaria   The National Coordinator, National Malaria Elimination Programme (NMEP), Dr Audu Mohammed, on Tuesday said Nigeria would get three-year grant of $417 million from the Global Fund to tackle malaria. Mohammed told the News Agency of Nigeria (NAN) in Abuja that...

Come Wednesday, 29 January 2020, The Nigerian Stock Exchange (NSE) will launch its Growth Board at The Exchange, in Lagos. According to a statement from The Exchange, the launch of the Growth Board provides issuers with the opportunity to leverage on the Exchange for listing, raising long-term capital and facilitating...