archiveOctober 2021

The links to all three apps of WhatsApp, Instagram and Facebook, Monday evening, went down globally, making it difficult for its global users, Nigerians inclusive, to access the apps. All three apps, which are owned by Facebook and run on shared infrastructure, stopped working completely Monday before 5pm Nigerian time....

A Federal High Court, Abuja on Monday fixed Jan. 24, 2022 for a suit filed by the Asset Management Corporation of Nigeria (AMCON), seeking a stay of execution of orders it granted the businessman, Jimoh Ibrahim, over alleged N69 billion debt.   Justice Okon Abang fixed the date, following AMCON’s...

The South-South Governors’ Forum, also known as BRACED Governors’ Council said it has approved a joint regional security outfit which would be floated soon. Chairman of the Forum and Delta State Governor Ifeanyi Okowa said this was part of the resolution reached at the end of their meeting held at...

  Central Securities Clearing System (CSCS) Plc, Nigeria’s capital market infrastructure, today, celebrates its teeming customers, including retail and institutional investors in the financial market, Securities Exchanges, stock brokerage participants, investment banks, custodians, registrars and issuers of securities, noting it will continue to leverage strong foundation and mutual trust in...

  Trading in the domestic stock market resumed on Monday bullish with a gain of 0.05 per cent on investors’ interest in Eterna and 22 others.Precisely, the benchmark index rose by 21.88 points or 0.05 per cent to close at 40,243.05 from 40,221.17 achieved on Thursday. Accordingly, month-to-date and year-to-date...

 A former President of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has commended the National Association of Resident Doctors (NARD) for suspending its six weeks strike.Nzekwe gave the commendation in an interview with the News Agency of Nigeria (NAN) on Monday in Sango Ota, Ogun. He...

  assures residents of safety Oyo State Governor, ‘Seyi Makinde, on Monday, flagged off Exercise Still Waters being undertaken in the state by the Oyo State 2nd Mechanised Division, Ibadan. The governor, who commended the vision of the Chief of Army Staff who midwifed the Exercise, said that the measure...

The Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) today, Monday, October 4, 2021 secured the conviction and sentencing of one Dije Sale to thirty-four years imprisonment before Justice Umaru Fadawu of the State High Court, Maiduguri for forgery, use of false document and obtaining under false...

A number of high-profile persons in Nigerians have been named in the Pandora Papers scandal for flouting “extant laws and legislations as they hide these assets,” Premium Times reported. Pandora Papers investigation — involving some 600 journalists from media including The Washington Post, the BBC, The Guardian, and Nigeria’s Premium...

Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday, said that the review of the current revenue allocation formula was long overdue. He also reiterated the call for the State to be accorded a special status in recognition of its huge financial commitments to infrastructure and provision of basic amenities for...