archiveFebruary 2022

Registered Micro, Small and Medium Enterprises (MSMES) in Nigeria has hit three million capacity. The sector’s growth output has also accounted for 90 per cent of Nigeria’s employment rate through national policy on MSMEs. The Chairman of the Governing Board of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN),...

  A Senior Advocate of Nigeria (SAN), Ebun-Olu Adegboruwa, believes Nigerian police authorities are treating Abba Kyari’s case with levity, arguing that the suspended officer may soon be reabsorbed into the force. The handling of Kyari’s extradition request by the US, he said, points to the fact that the case...

The National Drug Law Enforcement Agency (NDLEA) has said that it has no reason to shield anyone who may be indicted in the course of the ongoing investigation of a 25kg cocaine deal involving a gang headed by suspended ‘supercop’ DCP Abba Kyari. The Agency made this declaration on Wednesday...

The Nigeria National Petroleum Corporation (NNPC) Ltd has announced Tuesday that adequate measures have been put in place to accelerate nationwide distribution of PMS (Petrol) earlier disrupted by the quarantine of methanol-blended petrol. The NNPC also said that it now has over one billion litres of certified PMS stock that...

…wants bankers, stock brokers, pension administrators to declare assets The Senate on a Tuesday considered a bill seeking to amend the 35-year old Bank Employees Declaration of Assets (BEDA) Act 1986. “The Bill For An Act To Amend The Bank Employees (Declaration of Assets) Act CAP B1 Laws of The...

The Nigerian equities market traded with mixed sentiments on Tuesday albeit with a bullish tilt as bargain hunting in MTNN (+0.3%) and BUAFOODS (+0.8%) underpinned the market’s performance. Thus, the All-Share Index traded flat at 47,064.82 points with the Month-to-Date and Year-to-Date returns unchanged at +0.9% and +10.2%, respectively. The...

Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has reiterated the Commission’s faith in the Bimodal Voter Accreditation System (BVAS), even as he vowed to tackle all the observed challenges associated with its field performance on election day. Speaking at the Commission’s meeting with Resident Electoral Commissioners...

The Osun State Chapter of the All Progressives Congress (APC) has called on the presidency to caution the Minister of Interior, Rauf Aregbesola. Osun APC made the call in a statement by its Chairman, Gboyega Famodun, on Tuesday. It was reported that there was panic in Osun State on Monday...

Justice N.E. Maha of the Federal High Court on Monday February 14, ordered the final forfeiture of 24 properties held by fronts and proxies to a top military officer, to the Federal Government of Nigeria. The Order was pursuant to a forfeiture application by the Economic and Financial Crimes Commission...

NYSC Director-General, Major General Shuaibu Ibrahim, has appealed to members of the public to send memoranda to the House Committee on Youth and Sports, as well as make physical appearance at the public hearing to drum support for the establishment of NYSC Trust Fund. He said the public hearing on...