archiveJuly 2022

  as Exchange goes live   Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a crude oil dependent economy to other critical economic sectors. This was revealed at the...

Innovative telecommunications company 9mobile has restated its commitment to enabling the growth of Nigerian businesses and fostering inter-sectoral collaboration to further boost economic development in the country. Chief Financial Officer, 9mobile, Phillips Oki, who represented the CEO of 9mobile, Juergen Peschel, gave the assurance on Thursday when he led the...

The Federal Government has disclosed that telecommunications subscribers would pay a 5 per cent tax on call, SMS, and data services. Indications to this development were dropped during a Nigerian Communications Commission (NCC) Stakeholders Forum on the Implementation of Excise Duty on all Telecommunications Services’ held on Thursday in Abuja....

Veteran flutist, Tee Mac, has advised Nigerians against the choice of All Progressives Congress presidential candidate, Bola Tinubu, to succeed President Muhammadu Buhari. Born Omatshola Iseli, the artiste who claimed Tinubu is his in-law, explained that it was important for Nigerians to reflect deeply and consider their choice of next...

The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of moves to reposition the industry. The Deputy Commissioner, Technical, NAICOM, Mr. Sabiu Abubakar, made this known at the Chartered Insurance Institute of Nigeria (CIIN), Second Edition of 2022 Business Outlook Seminar...

  The People’s Democratic Party (PDP) caucus of the House of Representatives has backed their colleagues in the Senate over the call for the impeachment of President Muhammadu Buhari. According to The Punch, the backing came during a joint meeting on Thursday, where the PDP lawmakers said the state of...

  The Defence Headquarters says the military troops have eliminated 30 of the terrorists who attacked troops of the Guards Brigade in Bwari area of the Federal Capital Territory (FCT) on Sunday. The Director, Defence Media Operations, Maj.-Gen. Bernard Onyeuko, made this known at the Bi-Weekly news conference on military...

  Ondo State Governor, Arakunrin Oluwarotimi Akeredolu (SAN) has approved the appointment of Pastor Kayode Olaniyi Ogundele as the Head of the Ondo State Public Service. The appointment is in recognition of Ogundele’s rich experience in the State Public Service and his track records of years of dedication and efficiency....

  The Oodua Peoples Congress (OPC) said recurring terror attacks may cause another war in Nigeria. The organization gave the warning following the plot by terrorists to attack some states in the country. The Nigeria Security and Civil Defence Corps (NSCDC) revealed that Boko Haram, ISWAP, and bandit groups were...

First Republic Aviation Minister, Mbazulike Amaechi, has stated has stated that the conclusion will be that God created Nigeria to suffer should Labour Party’s presidential candidate Peter Obi fail to win the 2023 presidential election. The nonagenarian disclosed this as he endorsed the former Anambra State governor for the 2023...