Lagos court remands fisherman for allegedly killing his newborn baby

A 27-year-old fisherman, Fatai Yussuf, has been remanded in a custodial centre in Lagos over alleged killing of his six-week-old daughter whom he threw into a lagoon because she was sick. The Chief Magistrate, P.E. Nwaka, gave the remand order at a Magistrates’ Court in Yaba, Lagos on Wednesday. Yussuf is facing a count charge […]
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Buhari presides over 33rd virtual FEC meeting

By Johnbosco Agbakwuru – Abuja President Muhammadu Buhari is currently presiding over the 33rd virtual Federal Executive Council, FEC, meeting at the Council Chamber, Presidential Villa, Abuja. Physically present at the meeting that started by 10 am are Vice President Yemi Osinbajo, Secretary to the Government of the Federation, SGF, Boss Mustapha and Chief of […]

Reversing the downward trend in Foreign Investment inflow 

By Babajide Komolafe From 2017 to 2019, Nigeria enjoyed a  strong romance with foreign investors. During this period foreign investors injected $53 billion into the nation’s economy. Driven by a series of foreign exchange market reforms introduced by the Central Bank of Nigeria (CBN)  between 2016 and 2017, including the introduction of the Investors and […]

COVID-19: Insurers warn against another lockdown

By Cynthia Alo Insurers have warned against the devastating impact of another lockdown on the insurance industry. The warning is coming on the heels of a similar position by the Central Bank of Nigeria, CBN, which warned that imposing another lockdown will be catastrophic to the economy. While noting the necessity of the decision of […]

Rate cutting undermining patronage for mobile insurance — Operators

By Rosemary Iwunze The expected increase in the sale of third party motor insurance through the Unstructured Supplementary Service Data, USSD, channel, otherwise known as mobile insurance, is being undermined by the reoccurring menace of rate cutting. This, according to insurance practitioners, is due to the fact that some insurance companies still sell third party […]

3 groups slam Ortom for allegedly attacking Buhari

Three civil society groups have condemned the attack on President Muhammadu Buhari by Gov. Samuel Ortom of Benue over the activities of criminal herdsmen in the country. The groups are Nigeria Project Initiative; Initiative to Save Democracy and Global Economic Policy Initiative. Ortom was reported to have accused the president of being “lenient’’ towards criminal […]

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