Category: National
Traditional rulers key stakeholders in fight against SGBV -Ijimakinwa
The Lagos state Project Coordinator, Rule of Law and Anti-Corruption Programme (RoLAC), Mrs. Ajibola Ijimakinwa, says traditional rulers are a key stakeholders in the fight against Sexual and Gender-Based Violence (SGBV). She said for the fight against SGBV to succeed the traditional institution must be at the forefront because of their influence in communities. According…
Recapitalisation: SEC tasks banks on corporate governance
The Securities and Exchange Commission (SEC) has urged banks to strengthen their corporate governance principles and risk management framework to enhance investors’ confidence in the ongoing recapitalisation exercise. At the just concluded yearly workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN) held in Lagos at the weekend, SEC Director-General, Dr Emomotimi Agama,…
16 days activism: RoLAC urges traditional rulers to take centre stage in fight against SGBV
Traditional rulers have been urged to use their positions and influence to end the mennace sexual and gender-based violence (SGBV) in the society. Lagos State Project Coordinator, the Rule of Law and Anti-Corruption Programme (RoLAC) Mrs. Ajibola Ijimakinwa,said it has now become imperative more than ever before for traditional rulers to take a leading role…
FG sold milled rice to media organisations in Kaduna at N40,000 per 50kg – Official
The Federal Government in November sold milled rice to staff of various media organisations in Kaduna at N40,000.00 per 50kg bag. The exercise, according to the federal government was to ameliorate the prevailing food crisis and as well cushion the effects of high cost of food commodities in the country. The media outlets were allocated…
KWASU slashes N100, 000 fees for students with disabilities
The Vice Chancellor, Kwara State University, Malete, Professor Shaykh-Luqman Jimoh, Sunday announced a school fee waiver of ₦100,000 for all students of the institutions that are leaving with disabilities. Similarly, the institution is implementing ₦50,000 monthly allowance for staff with disabilities with increased employment opportunities for sign language interpreters. Professor Jimoh made the disclosure while…
Any PPP agreements signed without compliance with Act illegal – ICRC
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) of Government to comply with the National Policy on Public Private Partnerships (N4P) of the Infrastructure Concession Regulatory Commission (ICRC) in conducting any form of Public Private Partnership (PPP) arrangement. In a circular titled “FGN 2025 Budget Call Circular”, issued by the Federal Ministry…
Troops thwart attempts at vandalising pipelines in Port Harcourt
Troops of 6 Division, Nigerian Army has conducted operations at several fronts, denying economic saboteurs freedom of action to compromise pipelines in Rivers state. The operations also resulted in the dismantling of 19 illegal refining sites, arrest of several oil thieves, demobilisation of 21 boats, used for crude theft as well as confiscation of over…
Chevron awarded Energy Company of the year for environmental sustainability, CSR
Chevron Nigeria Limited (CNL), on Friday received the “Energy company of the year (2024)” award for its Environmental Sustainability and Corporate Responsibility accomplishments. The award presented by the Nigerian News Direct newspaper, was received by Mr. Victor Anyaegbudike, Manager Communications, Chevron Nigeria and Mid-Africa Business Unit at a colourful event held at the Grand Ballroom…
Structural inequalities slowing down Africa’s progress in curbing poverty – World Bank report
Structural inequalities in societal laws and institutions are at the core of Africa’s slow progress in scaling back extreme poverty, a new report by the World Bank Group has said. The flagship publication titled: ‘Leveling the Playing Field: Addressing Structural Inequalities to Accelerate Poverty in Africa’ noted that growth in the region, which accounts…
Group inaugurate committee to review tax reform bill
The League of Northern Democrats (LND) says it has inaugurated a distinguished Technical Committee tasked with reviewing the four tax reform bills clause-by-clause so as to reach an informed position on each clause. In a statement signed by spokesman of League of Northern Democrats, Dr. Ladan Salihu, the move underscores its commitment to ensuring that…
NDE launches renewed hope employment initiative for 3, 318 Akwa Ibom youth
The National Directorate of Employment (NDE) weekend launched the Renewed Hope Employment Initiative for 3,318 youth in Akwa Ibom state The programme is aimed at providing skills, training and job placement opportunities for unskilled and unemployed youth in the state. The director general of NDE, Mr. Silas Agara, stated this during the flag off…
Nigeria’s export climbs to N20.5trn
Nigeria enjoyed a robust trade surplus in the third quarter of 2024, exporting goods valued at N24.5 trillion in a total merchandise trade of N35.16 trillion. The N35.16 trillion represents a remarkable 81.35 per cent increase compared to the same period in 2023 and a 13.26 per cent rise from the preceding quarter. The galloping…
Tinubu Renewed Hope initiative: NDE engages 1,680 unskilled, unemployed persons in Taraba
The National Directorate of Employment (NDE) Sunday stated that it has engaged 1,680 unskilled and unemployed Tarabans under the President Bola Tinubu’s Renewed Hope Empowerment Initiative in the state. The director- general of NDE, Silas Agara, who stated this weekend while commencing orientation for 1,680 unskilled and unemployed persons in the state said they…
Expert advocates deployment of IT, BVN to fast track offer verification
Experts have stressed the need for the Central Bank of Nigeria (CBN) to deploy available Infrastructure technology and Bank Verification Numbers (BVN) to tackle delay in the verification of banks’ offers and ensure speedy conclusion of the process. Managing Director Cowry Assets Management, Mr Johnson Chukwu, said the delay in the apex bank’s verification process…
Senators, Reps members against tax reforms ignorant – Shehu Sani
Human Rights activist and former lawmaker, Shehu Sani, has posited that many lawmakers who are against the current tax reforms are ignorant of the provisions of the bills. According to him, “The other day I saw a senator speaking about the bill on a national television. From what he said, it is clear that he is not…
NDLEA nabs 65-yr- old grandma with opioids in Lagos
Operatives of National Drug Law and Enforcement Agency (NDLEA) weekend nabbed a 65-year-old grandmother, identified as Ramata Bola Adeyemo, who was arrested by NDLEA operatives at 62 Odunfa street, Lagos Island, where 20.6 litres of codeine-based syrup were recovered from her. Also arrested in Lagos was Alhaji Lawan Manga who was picked up at Ogundana Street,…
FCMB Group reports 67% profit before tax growth
The FCMB Group Plc has announced a 67% growth in Profit Before Tax (PBT) to ₦91.8 billion for the nine months ended September 30, 2024, reflecting robust financial and operational performance across its business divisions. The Group recorded a 67.2% increase in gross revenue to ₦587.8 billion, compared to ₦351.5 billion in the same…
Tax Reform Bills crucial, democracy in action – Idris, Bagudu
Debate around the Tax Reform Bills currently before the National Assembly continues as the Minister of Budget and Economic Planning, Senator Atiku Bagudu, described the seeming controversy as showing democracy is alive in Nigeria. Speaking to journalists after the bankers committee meeting in Abuja, Bagudu said the interest generated by the bill revealed that there…
Divorce cases on the rise because of lack of understanding – Pastor Jeremiah
The pastor of Great House Assembly, Minna, and Convener of Vessels of Gold, Pastor Bisi Jeremiah, has stated that the increasing volume of divorce in the country is caused by lack of understanding by women and their spouses that it is God that brought them together in order to preserve family values. Pastor Jeremiah…
Naira strengthens amid new forex system rollout, Eurobond success
The Nigerian naira made significant gains last week, breaking resistance levels at the Nigerian Autonomous Foreign Exchange Market (NAFEM) following the launch of the Central Bank of Nigeria’s (CBN) new Electronic Foreign Exchange Matching System (EFEMS). The naira started the week at N1,663/$ and closed at N1,537/$ by Friday, achieving a sharp appreciation of N126/$.…