archiveMarch 2021

The ongoing trial of Aisha Alkali Wakil popularly known as "Mama Boko Haram" for alleged N71 million fraud continued on Monday, March 15, 2021 before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri with the Economic and Financial Crimes Commission, EFCC, presenting its second witness. Wakil is being prosecuted...

says Task Force will serve as 'War Room' Governor 'Seyi Makinde of Oyo State, on Monday, inaugurated the state’s Security Task Force to tackle all forms of insecurity within the state. The governor, while inaugurating the Task Force inside his office at the Agodi Secretariat, Ibadan, said that the committee...

The trial of Ibrahim Kuforiji, Mojeed Raheem and Oladepo Habeeb continued on Monday, March 15, 2021 before Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos, with the Economic and Financial Crimes Commission (EFCC) presenting its first witness. The defendants, who were first arraigned on February 25,...

President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has expressed concern about the unbridled debt ratio of most countries in Africa to their Gross Domestic Product (GDP) , describing the debt profiles as unsustainable. Adesina expressed his worries about the countries’ growing level of indebtedness at the launch...

 The local bourse resumed the first trading week on a bearish note with key performance indicators dropping by 0.22 per cent, amid profit taking in 19 stocks. Speficially, the All-Share Index, which opened the week at 38,648.48 lost 86.64 or 0.22 per cent to close at 38,561.84. Consequently, the month-to-date...

  The Federal Government says the National Theatre in Lagos will be run by a competent management team to be known as Special Purpose Vehicle (SPV) for a period of 21 years after renovation.The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Monday in Lagos at a...

Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has called on Nigeria to move towards more value addition to its resources by expanding its manufacturing scale. She insisted that more manufacturing of the country’s abundant raw materials will lead to more creation of jobs which will reduce the exportation...

  The governors of the 36 states in Nigeria, under the umbrella of the Nigeria Governors’ Forum (NGF) will meet on Wednesday to discuss issues related to petrol subsidy and COVID-19 vaccines.The governors made the disclosure in a statement issued in Abuja on Monday by Mr Abdulrazaque Bello-Barkindo, the Head,...

  Lagos State Governor, Mr Babajide Sanwo-Olu on Monday,  approved a 21-year jail term for convicted cultists in the state. Sanwo-Olu approved the jail term as he signed the bill for the Prohibition of Unlawful Societies and Cultism 2021 into Law at Lagos House, Ikeja. He also signed three other...

Nigeria’s unemployment rate rose to 33.3 per cent in the fourth quarter of 2020 (Q4 2020) compared to 27.1 per cent in Q2, the National Bureau of Statistics (NBS) said Monday. This implies that 23.18 million persons of the country’s labour force either did nothing or worked for less than...