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In a marathon judgment, Justice Lateefat Okunnu of the Ikeja High Court sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion. The judgment on Wednesday drew the curtains on the 10 year trial. In the 12-hour judgment, Justice…
June 17, 2021
Nigeria’s Consumer Price Index (CPI), which measures inflation has dropped to 17.93% in May 2021, according to the lastest report by National Bureau of Statistics (NBS). The recent figure dropped by 0.19% compared to 18.12% inflation rate recorded in April, 2021. Further breakdown revealed that the urban inflation rate increased by 18.51%(year-on-year basis) in May…
June 16, 2021
Calls For Law To Try Anyone Stealing Rail Track For Manslaughter Minister of Transportation, Rt. Hon. Rotimi Amaechi has disclosed that work on the Port Harcourt-Maiduguri rail line would commence in June, 2021. According to the Minister, the Kano-Maradi rail project would also kickstart before the end of June. Amaechi made this disclosure while speaking…
June 14, 2021
Global Climate Activists React To Report, Slam Polluting Entities A new report has shined light on how polluting industries are pushing a “net zero” agenda to become the presumed centerpiece of global climate plans and to further delay action and mislead the rest of the world on the real solution to the existential threats of…
June 10, 2021
Social media company, Twitter must register in Nigeria before the ban slammed on its operations in the country is lifted, the Nigerian government has announced. It also said Facebook, Instagram and other social media giants must register in Nigeria, if they're to avoid hindrance in their operations in Africa's most populous country. Minister of Information…
June 9, 2021
The maiden edition of the African Local Content Roundtable ended on Friday at the Nigerian Content Tower in Yenagoa, Bayelsa State, with a strong push by Nigeria and other members of the African Petroleum Producers Association (APPO) to develop regional oil and gas investments and renegotiate the COP-21 Climate Change Agreement which is driving the…
June 7, 2021
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has suspended interenet access to Twitter. In other words, all Tweeps using MTN, Airtel, Glo, 9mobile in the country cannot have access to Twitter currently via the networks. According to the ALTON, this is in compliance to the directive of the Federal Government on Friday. This…
June 5, 2021
The Federal Government has halted the operations of micro-blogging platform, Twitter in Nigeria indefinitely. In a statement released on Twitter by the Minister of Information and Culture, Alhaji Lai Mohammed, the government says the Microblogging and social networking service has been used to persistently undermine Nigeria’s corporate existence. “The Minister said the Federal Government has…
June 4, 2021
Africa’s leading sugar manufacturer, the Dangote Sugar Refinery (DSR) has unveiled an innovative sugar brand, tagged: New Look, Same Great Quality. The ceremony for the unveiling of the white granulated white sugar was conducted on Thursday at the ongoing Kaduna 42nd International Trade Fair. The vitamin A fortified sugar excited participants who thronged the Dangote…
June 4, 2021
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In a marathon judgment, Justice Lateefat Okunnu of the Ikeja High Court sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion. The judgment on Wednesday drew the curtains on the 10 year trial. In the 12-hour judgment, Justice…
June 17, 2021
Nigeria’s Consumer Price Index (CPI), which measures inflation has dropped to 17.93% in May 2021, according to the lastest report by National Bureau of Statistics (NBS). The recent figure dropped by 0.19% compared to 18.12% inflation rate recorded in April, 2021. Further breakdown revealed that the urban inflation rate increased by 18.51%(year-on-year basis) in May…
June 16, 2021
Calls For Law To Try Anyone Stealing Rail Track For Manslaughter Minister of Transportation, Rt. Hon. Rotimi Amaechi has disclosed that work on the Port Harcourt-Maiduguri rail line would commence in June, 2021. According to the Minister, the Kano-Maradi rail project would also kickstart before the end of June. Amaechi made this disclosure while speaking…
June 14, 2021
Global Climate Activists React To Report, Slam Polluting Entities A new report has shined light on how polluting industries are pushing a “net zero” agenda to become the presumed centerpiece of global climate plans and to further delay action and mislead the rest of the world on the real solution to the existential threats of…
June 10, 2021
Social media company, Twitter must register in Nigeria before the ban slammed on its operations in the country is lifted, the Nigerian government has announced. It also said Facebook, Instagram and other social media giants must register in Nigeria, if they're to avoid hindrance in their operations in Africa's most populous country. Minister of Information…
June 9, 2021
The maiden edition of the African Local Content Roundtable ended on Friday at the Nigerian Content Tower in Yenagoa, Bayelsa State, with a strong push by Nigeria and other members of the African Petroleum Producers Association (APPO) to develop regional oil and gas investments and renegotiate the COP-21 Climate Change Agreement which is driving the…
June 7, 2021
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) has suspended interenet access to Twitter. In other words, all Tweeps using MTN, Airtel, Glo, 9mobile in the country cannot have access to Twitter currently via the networks. According to the ALTON, this is in compliance to the directive of the Federal Government on Friday. This…
June 5, 2021
The Federal Government has halted the operations of micro-blogging platform, Twitter in Nigeria indefinitely. In a statement released on Twitter by the Minister of Information and Culture, Alhaji Lai Mohammed, the government says the Microblogging and social networking service has been used to persistently undermine Nigeria’s corporate existence. “The Minister said the Federal Government has…
June 4, 2021
Africa’s leading sugar manufacturer, the Dangote Sugar Refinery (DSR) has unveiled an innovative sugar brand, tagged: New Look, Same Great Quality. The ceremony for the unveiling of the white granulated white sugar was conducted on Thursday at the ongoing Kaduna 42nd International Trade Fair. The vitamin A fortified sugar excited participants who thronged the Dangote…
June 4, 2021
