archiveJuly 2023

Mmesoma Ejikeme has finally spoken out after facing allegations of forging her Unified Tertiary Matriculation Examination (UTME) result, denying frantically through viral video online. The Joint Admissions and Matriculation Board (JAMB) recently withdrew Ejikeme’s UTME result, citing suspected manipulation of her scores. In a video circulating online, Mmesoma can be...

The Nigerian Exchange (NGX) Limited opened the first day trading the month of July N534 billion gains. The market capitalization gained N534 billion to close at N33.731 trillion, 1.43 per cent rise as  against the N33.198 trillion recorded in the last trading session of last month. The market All-Share Index...

  Sterling One Foundation has announced partnership with the United Nations to host the Africa Social Impact Summit (ASIS) 2023 in August. The event which will hold on August 10-11 at the Eko Convention Center, Lagos, will bring together key stakeholders in the African development space, including corporate executives, impact...

The Transition Monitoring Group (TMG) has expressed concern over the dismissal of the European Union Electoral Report by the Independent National Electoral Commission (INEC) and the Federal Government. In a statement by the Chairman of the election monitoring group, Auwal Musa-Rasfanjani, said local observers and civil society groups working on...

The European Election Observation Mission (EU EOM) to Nigeria on Tuesday the 27th of June, published its final report on the federal and state elections of 25 February and 18 March. The Chief Observer, Barry Andrews, Member of the European Parliament, stated: “In the lead up to the 2023 general...

  The Federal Government, through the Federal Inland Revenue Service (FIRS), has announced plans to collect Value Added Taxes from the informal sector through the VAT Direct Initiative. The FIRS announced its collaboration with the Market Traders Association of Nigeria (MATAN) to collect and remit VAT from their members, particularly...

  describe him as a market colossus Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers (CIS) and other market stakeholders on Monday held a mock-trading session and Closing Gong Ceremony in honour of late Otunba Subomi Balogun, FCS, CON, the founder of FCMB Group. Speaking during the ceremony, the Chief...

Opposition parties including the Peoples Democratic Party (PDP) and the Labour Party (LP), have criticized the Presidency for rejecting the European Union’s (EU) final report on the February 25 presidential election. The EU Observer Mission had highlighted “enduring systemic weaknesses” in the election, which the PDP and LP claim were...

Saudi Arabia Government at the weekend unveiled a roadmap for the commencement of 2024 Hajj operations, just as the government declared the 2023 Hajji operations closed. The Saudi Minister of Hajj and Umrah, Dr. Tawfiq Al Rabiah, stated this  at headquarters of the Saudi Hajj and Umrah Ministry in Makkah...

The National Industrial Court (NIC) has ordered the Police Service Commission (PSC) to pay N40 million to Mbu Joseph Mbu, a retired assistant Inspector-General of Police (AIG). Osatohanmwen Obaseki-Osaghae, the judge, ruled that the retirement of Mbu through a press release in 2016 was “unlawful and unconstitutional”. In July 2016,...