archive2020

The Nigerian Employers Consultative Association (NECA) has rejected Nigerian government’s bid to take over shareholders’ unclaimed dividends totaling about N158 billion. NECA’s reaction followed the government’s move to establish an Unclaimed Dividends Trust Fund as a sub-fund of the COVID-19 Crisis Intervention Fund, through Section 39 of the draft Finance...

  Nigeria is back into a recession, the worst the country has experienced since 1987. This is according to the National Bureau of Statistics (NBS) which released new information on Saturday. The gross domestic product (GDP) figures released by the NBS show that the nation’s economy recorded a contraction of...

    TEXT OF THE PRESS CONFERENCE ADDRESSED BY THE HON. MINISTER OF INFORMATION AND CULTURE, ALHAJI LAI MOHAMMED, IN ABUJA ON THURSDAY, 19 NOV. 2020 ON THE ENDSARS PROTEST AND ITS AFTERMATH Good morning gentlemen, and welcome to this press conference. It's no longer news that the EndSARS protest...

  Justice Okon Abang of the Federal High Court, Abuja, on Thursday, November 19, 2020, adjourned hearing in the trial of Colonel Nicholas Ashinze, former aide of ex-National Security Adviser, Sambo Dasuki, till January 19, 2021. The adjournment followed the withdrawal of the seventh prosecution witness (PW7), Hassan Seidu by...

  The Nigeria Centre for Disease Control (NCDC) has said that Nigeria is not experiencing a spike in COVID-19 infections. The Director-General of NCDC, Dr Chikwe Ihekweazu, made the disclosure to the News Agency of Nigeria (NAN) on Thursday in Abuja while giving an update on the disease in the...

  Dr John Edor, the Chairman of Academic Staff Union of Universities (ASUU), University of Calabar (UniCal) branch, has debunked rumours that the union has called off its eight months old strike. Edor debunked the rumour in a telephone interview with the News Agency of Nigeria (NAN) in Calabar on...

  The Economic and Financial Crimes Commission (EFCC) has tasked the Corporate Affairs Commission, (CAC) on improved collaboration and partnership. Making the request was Head, Kaduna Zonal Office of the EFCC, Sanusi Abdullahi, while on a courtesy visit to the CAC on Thursday, November 19, 2020. Abdullahi, who stated that...

  The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) on Thursday, November 19, 2020, arraigned Uzoma Udemba, Chairman and Chief Executive Officer of Communication Trends Limited on a three-count charge bordering on copyright infringement before Justice Agatha Okeke of the Federal High Court sitting in Uyo,...

  The Lagos State Government on Thursday read the riot act to motorcyclists and tricycle operators in the state, insisting that restriction on Okada riders from plying bridges, major highways in the state was still in force. The government also tasked all law enforcement agencies in the state “to immediately...

The Economic and Financial Crimes Commission (EFCC) on November 19, 2020 arraigned one Murtala Sani before Justice Mohammed Bello Shinkafi of the Zamfara State High Court on a one count charge of Criminal Breach of Trust. The accused person allegedly collected rice from the complainant worth N26,945,000 (Twenty Six Million,...