archiveJanuary 2022

The House of Representatives has passed for second reading a bill seeking to repeal the Investment and Securities Act 2007, and to enact the Investments and Securities Act, 2021, to empower the Securities and Exchange Commission (SEC) to address the challenges of Ponzi schemes such as enter and seal up...

  The Inspector General of Police (IGP) Alkali Usman Baba has appointed Abiodun Alabi to take over from Hakeem Odumosu as Lagos State commissioner. Odumosu was recently promoted to the rank of AIG and with the promotion, he was expected to be redeployed from the Lagos State Command as the...

The Kano State Government has shut Noble Kids Academy,in Nassarawa Local Government Area, where an abducted pupil, Hanifa Abubakar, was killed and buried. Five-year-old Hanifa was abducted on 4 December by her teacher, Abdulmalik Mohammed Tanko, who has been arrested by the police. Abdulmalik demanded a ransom of N6 million...

The Nigerai Union of Journalists (NUJ) has applauded the Nigerian Senate for the successful first reading of a bill entitled Advanced Rent (Residential Apartments, Office Spaces, etc) Regulation Bill 2022 which seeks to regulate the payment of rent being imposed by landlords. A statement dated January 21 signed and released...

Business mogul, Chief Femi Otedola, has promised the Super Eagles of Nigeria $250,000 by if they win the 2021 AFCON trophy. Otedola made the promise when he was at the Super Eagles’ Hotel la Rabidou camp in Garoua alongside Central Bank Governor, Godwin Emefiele and Alhaji Aliko Dangote on Wednesday....

Translations of the Nigerian Constitution into Igbo, Yoruba and Hausa will be launched on Thursday 3 February, 2022. Also, another book, I Love My Country, will be presented to the public. The brain behind it is Prince Ade Ajayi Foundation (PAAF) Centre for Constitutional Literacy and Civic Education. This will...

  The World Health Organisation (WHO) has reported that the weekly number of Covid-19 cases in Africa has “dropped considerably” and the number of deaths has also fallen, for the first time since the peak of the fourth wave sparked by the Omicron variant. WHO stated this in a statement...

The Benue Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Thursday, January 20, 2022, arraigned the duo of Francis Orterse and Tertsea Kema on separate charges before Justice A. I. Ityonyiman of the Benue State High Court, Makurdi. Orterse was arraigned on one count of dishonestly obtaining...

The Debt Management Office (DMO) says its just concluded Federal Government of Nigeria (FGN) bond auction for January was oversubscribed. DMO, which made this known in a statement on Thursday, stated that the auction received a total of 160 bids, revealing some minor adjustments in the bonds offer during the...

Former President Olusegun Obasanjo is now a proud father of a Brigadier General in the Armed Forces of Nigeria (AFN). The retired General decorated his son, Adeboye Obasanjo, with the new rank after the recent Nigerian Army (NA) promotion. Although the decoration is usually done by the spouse and a...