Ondo Amotekun uncovers plot to attack state, impounds 50 tinted, unregistered Vehicles
The Ondo State Security outfit codenamed Amotekun said it has uncovered a sinister plot by bandits to attack the state.
CSOs condemn alleged fake news on Buhari’s rejection of Electoral Bill
CIVIL Society Organisations, CSOs, Thursday, condemned alleged fake news over rejection of Electoral Act Amendment Bill by President Muhammadu Buhari, allegedly published by one of the national dailies.
NCF ‘ll offer viable solutions to get Nigeria out of the woods, says Adewole Adebayo
A leading member of the Steering Committee of the National Consultative Front (NCF), Adewole Adebayo, has promised that his party will offer a clear alternative and viable solutions to get Nigeria out of the woods.
Nigeria’s net foreign exchange inflow rises 77%
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow recorded a massive increase of 77 per cent to $6.31 billion in July from $3.55 billion in June, thus reversing the negative trend recorded in the previous months since January, 2021. The breakdown of the Central Bank of Nigeria’s data release on the external sector for the […]
BUA Foods consolidate, to list on stock exchange soon
By Peter Egwuatu BUA Group has consolidated its food conglomerates and has commenced the process of taking the Company to the stock market for listing by introduction. The Chairman of BUA Group, Alhaji Abdul Samad Rabiu, yesterday, disclosed this during an interview shortly after the formal launch of the newly consolidated BUA Foods Plc, stating, “Nigerian […]
Omicron: Sanwo-Olu suspends planned EndSARS peace walk
Lagos State Governor, Babajide Sanwo-Olu, has suspended the proposed walk for peace rally due to the discovery of the Omicron variant pandemic in Nigeria.
UTM, Afreximbank sign $5bn MoU for Nigeria’s first floating LNG
Nigeria’s marine and services group, UTM Offshore Limited, and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to raise $5 billion for the development of Nigeria’s first floating liquefied natural gas (FLNG) project. The deal that is in two parts would see the continental bank raising $2 billion to support the first phase […]
Construction sector defaults trigger rise in banks’ bad loans — CBN
Bad loans rise 13.6% to N2.76trn •Non-performing loan ratio exceeds CBN benchmark By Babajide Komolafe The banking industry recorded a 13.6 per cent, month-on-month, MoM, increase in bad loans to N2.76 trillion in August, 2021, a development attributed to rising loan defaults in the construction sector. READ ALSOReps probe NYSC refusal to reopen Maiduguri orientation camp […]
Omicron variant: Sanwo-Olu suspends planned EndSARS walk for peace rally
Says let’s pivot to work for peace By Olasunkanmi Akoni Lagos State Governor, Babajide Sanwo-Olu, has suspended the proposed walk for peace rally due to discovery of Omicron variant pandemic in Nigeria. Sanwo-Olu, announced the suspension in a statement he personally signed on Thursday, The statement read in part: ‘Since my last address to you, […]
EU, Yobe takes fight to 170 communities against SGBV
The European Union (EU), in collaboration with the Yobe State Government has taken the fight against Sexual and Gender-Based Violence (SGBV) to 170 communities
23,638 sign petition asking States to domesticate VAPP Act
As stakeholders call for action to end violence against women in Nigeria By Luminous Jannamike As this year’s 16 Days of Activism against gender-based violence draw to a close tomorrow, at least 23,000 people have signed a petition calling on State Governments to domesticate the Violence Against People Prohibition (VAPP) Act. The petition, which was […]
