The Department of State Services says it is not currently recruiting and therefore cautions the public against falling into the hands of fraudsters. Dr. Peter Afunanya, Public Relations Officer of the service, made this known in a statement on Tuesday in Abuja. Afunanya said the clarification became necessary following desperate …
Read More »Veteran yoruba actress Orisabunmi dies at 60
Popular Yoruba actress, Mrs Folake Aremu, popularly known as Orisabunmi is dead. The veteran actress, a native of Olla in Kwara State, died at age 60 at her residence in Ibadan, Oyo State. She was said to have died after a brief illness. Born on October 10, 1960, in Ilu …
Read More »NERC says tariff increase not for low-income areas
The Nigerian Electricity Regulatory Commission (NERC) says the new electricity tariff increase will not affect low-income areas with lesser energy supply. The commission was reacting to reports of the new increase in tariff from January 1. In a series of Twitter post, the NERC said the tariff for customers on …
Read More »COVID-19: Nigerian govt says over 700 corps members tested positive
Boss Mustapha, chairman of the presidential task force on COVID-19, says 731 of the 34,418 Batch B members of the National Youth Service Corps (NYSC) in 2020, tested positive for coronavirus. Speaking at the briefing of the task force on Tuesday, Mustapha said corps members across the country took COVID-19 …
Read More »NCDC reports over 1,300 new COVID-19 infections, 712 in Lagos
Hours after the country hit its highest daily count with 1,204 COVID-19 infections, the Nigeria Centre for Disease Control (NCDC) has reported a new single-day record of cases with over 1,300 fresh samples confirmed positive. A total of 1,354 new cases were recorded across 20 states and the federal capital …
Read More »Court jails ex-Finbank MD over N10.9bn fraud
Lateefa Okunnu, judge of the Lagos state high court sitting in Ikeja, on Tuesday, convicted and sentenced Okey Nwosu, a former managing director, Finbank Plc, to three years imprisonment over N10 billion fraud. The Economic and Financial Crimes Commission (EFCC) had arraigned Nwosu alongside Dayo Famuroti, Agnes Ebubedike and Danjuma …
Read More »Zenith Bank loses director to COVID-19
Zenith Bank Plc has announced the death of one of its directors, Prof. Oyewusi Ibidapo-Obe. According to a regulatory filing by the lender to the Nigerian Stock Exchange, the late professor joined the bank in 2016 as an independent non-executive director. The statement read in part, “He was a distinguished …
Read More »FG seeks more MSME participation in N75bn fund
President Buhari The Federal Government has said it wants more micro, small and medium enterprises (MSMEs) to participate in its N75 billion economic recovery and stimulus programme in order to grow their respective businesses. Minister of Industry, Trade and Investment, Adeniyi Adebayo who made the request on Monday, called on …
Read More »#EndSARS: Lagos govt has paid for forensic examination of Lekki toll gate – Panel
The Lagos State Government has paid a huge sum of money to forensic experts to unearth the truth of what happened at the Lekki toll gate on October 20, 2020. This was disclosed by the Chairman of the Lagos State Judicial Panel on Restitution for victims of SARS and police …
Read More »NSE resumes with N459bn growth, index crosses 41,000 mark
The Nigerian Stock Exchange resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and dividend declaration. Specifically, the All-Share Index inched higher by 876.67 points or 2.18 per cent to close at 41,147.39 from …
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