The motive behind the extension of service for Ms. Abimbola Alale in 2019 as the Managing Director and Chief Executive Officer of NIGCOMSAT for another 4-year term may be gradually unfolding, as it is now obvious that though she is the only African on the board of Space Generation Advisory …
Read More »CBN freezes another 194 accounts of firms, BDCs, others
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms and Bureaux de Change to enable it to conduct investigations into suspicious activities. It disclosed this on Thursday in three separate documents on its …
Read More »Lagos to close Ikeja road for 15 months
The Lagos State Government will be diverting the traffic on Adegbola Street from Sunday 11th April, 2021 for 15 months. This is to enable the construction of Ikeja Overpass for the Red Line Project of the Lagos Rail Mass Transit. Commissioner for Transportation Dr. Frederic Oladeinde, in a statement, explained …
Read More »Dangote Sugar denies involvement in price fixing, asserts its strong participation in the NSMP
Dangote Sugar Refinery PLC (DSR) is aware of an online publication claiming that Dangote Sugar Refinery PLC is engaging in price-fixing and is not honestly engaged in any Backward Integration Programme as claimed. DSR wishes to vehemently refute the allegations and assertions in their entirety as the false allegations are …
Read More »OPENING SPEECH DELIVERED BY DR DEMOLA SOGUNLE, CHIEF EXECUTIVE, STANBIC IBTC HOLDINGS PLC, AT THE 2021 EDITION OF THE YOUTH LEADERSHIP SERIES HOLDING ON THURSDAY, 08 APRIL
Distinguished guests, esteemed speakers and valued youth joining us from every part of Nigeria and the world, it is with great pleasure that I welcome you to the 2021 edition of the Youth Leadership Series (YLS). In 2018, the YLS was birthed as an avenue to engage and empower young …
Read More »Jumia, others inaugurate e-commerce sectoral group under LCCI to grow private enterprises
……….as CBN Governor says digital economy will open up the economy Jumia and other e-commerce players within the Nigerian tech ecosystem have inaugurated an e-commerce sectoral group under the banners of the Lagos Chamber of Commerce and Industry (LCCI). Meanwhile, the CBN Governor, Godwin Emiefiele had recently stated that the …
Read More »Dangote launches driver’s training centre to curtail crashes
As part of its measures to curb Road Traffic Crashes (RTC), the Dangote Cement Plc has launched a Drivers’ Training Centre located at the Dangote Cement Plant (DCP), Obajana, Kogi State. The new Centre is charged with the responsibility of attending to all training needs of the Dangote Cement Plc’s …
Read More »Why Buhari terminated Adamu’s tenure extension
Minister of Police Affairs Maigari Dingyadi, said the three-month tenure extension of the outgoing Inspector-General of Police Muhammad Adamu was terminated following completion of the selection process for a new I-G. Usman’s appointment is with immediate effect. Buhari had on Feb. 4 extended the tenure of Adamu as the IGP …
Read More »How military, politicians kill LG administration – Obasanjo
Former President Olusegun Obasanjo said the rot now experienced in the local government administration in Nigeria started with the military regime and further worsen by politicians. The ex-President stated this on Tuesday when he played host to the new President of the National Union of Local Government Employees, Comrade …
Read More »BREAKING: Buhari appoints new acting IGP
President Muhammadu Buhari has approved the appointment of Usman Alkali Baba as the acting inspector-general of police (IGP). Maigari Dingyadi, minister of police affairs, communicated the president’s directive to state house correspondents at the presidential villa on Tuesday. Alkali will replace Mohammed Abubakar Adamu. More to come..
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