archiveMay 2021

  The World Health Organisation (WHO) has issued essential standards for future research and development of genetically modified mosquitoes as part of efforts to make the fight against malaria and other vector-borne diseases more engaging. WHI said in a statement that the new standards would address issues relating to ethics,...

  Amb. Lot Egopija, Consul-General of Nigeria in New York has described bee farming in as an ” untapped gold mine” in Nigeria capable of generating more than 10 billion dollars in annual revenue for the country. Egopija said this in a message to the World Bee Conference organised by...

The Lagos State Government says it is executing 377 different capital projects in the 377 wards across the state. The Commissioner for Economic Planning and Budget, Mr Samuel Egube, made the disclosure at Ikeja on Thursday  during  the 2021 Ministerial Press Briefing to Commemorate the Second Year of Babajide Sanwo-Olu’s...

Data from the Securities and Exchange Commission (SEC) Nigerian has shown that companies raised a total of N258.59 billion from bond market in 2020 despite the effect of COVID-19 pandemic According to the SEC data, the corporate bonds issued in 2020 rose by 45.91 per cent from the N177.22 billion...

  Prof. Mervyn King, Chair Emeritus, International Integrated Reporting Council (IIRC), has charged Directors of Boards on concise, accountable and understandable business reporting in line with sustainability standards for improved enterprise value creation.King spoke at the Institute of Directors (IoD)’s  2021 Biennial Lecture with theme as : Enterprise Value Creation”...

  The move will enable the NCC have the IMEI numbers, NIN, and mobile numbers of every Nigerian The Nigerian Communications Commission (NCC) has said that from July this year, Nigerians will have to submit the International Mobile Equipment Identity (IDs) of their phones to it. The was disclosed in...

The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) to suspend the planned review electricity tariff in June, eve as it condemned electricity distribution companies for transferring debts incurred by former occupants of building to the new occupants or tenants. Thhe House adopted a motion moved by...

The Lagos State Government on Thursday said that it recovered a total of N1.2 billion in excess of bank charges over a period of six years. The Commissioner for Finance, Dr. Rabiu Olowo, made this known in Ikeja, during the 2021 Ministerial Press Briefing in Commemoration of the Second Year...

  Justice Ijeoma Ojukwu, of the Federal High Court, on Thursday in Abuja, ordered the Economic and Financial Crimes Commission (EFCC), to pay N1 million to Mr Babajide Adelekan, for violation of his right. Adelekan, who was arrested when he visited his bank in 2018, to find out why his...

  A gas explosion at the Olusegun Obasanjo Presidential Library has led to the death of a technician and the serious injury of another. Confirming the incident in a statement issued on Thursday in Abeokuta, Mr Vitalis Ortese, the Managing Director, OOPL Ventures, said that the explosion occurred at the...