Buhari Returns from 10-Day London Vacation

By Bliss Okperan The Nasarawa State House of Assembly has announced its election of Danladi Jatau, representing Kokona West Constituency, as the new Speaker. The state parliament also disclosed on Friday that it now has a new Deputy Speaker, who is Mohammed Oyanki, the lawmaker representing Doma North Constituency. The election of the two principal officers of the legislative arm of the state followed the sacking of its former Speaker, Mr Ibrahim Abdullahi, by the Appeal Court sitting in Abuja on Tuesday. While the new Speaker is a member of the All Progressives Congress (APC), his deputy is a member

By Adedapo Adesanya A Federal Capital Territory High Court, Abuja, has adjourned an alleged procurement fraud case involving ex-Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to January 18 and 19, 2024, for continuation of trial. Mr Emefiele is standing trial on a six-count amended charge on alleged procurement of vehicles to the tune of N1.6 billion. He had pleaded not guilty to the charges. He was granted bail on November 17, 2023, to the tune of N300 million, and two sureties and remanded at the Kuje Correctional Centre, pending when he meets his bail conditions. However,

By Dipo Olowookere President Bola Tinubu has arrived at the National Assembly to present the 2024 Appropriation Bill to the federal lawmakers. The President got to the parliament at about a few minutes past 11 am on Wednesday, November 29, 2023, and was accompanied by the Vice President, Mr Kashim Shettima; his Chief of Staff, Mr Femi Gbajabiamila; the National Chairman of the ruling All Progressives Congress (APC), Mr Abdullahi Gandoje; and the Secretary to the Government of the Federation (SGF), Mr George Akume; among others. He is expected to present the 2024 budget of N27.5 trillion to a joint

By Adedapo Adesanya President Bola Tinubu on Wednesday departed Abuja for Dubai, the United Arab Emirates, to attend the COP28 Climate Summit which takes place from December 1 —2, 2023, with the theme Unite, Act, and Deliver. According to the presidential spokesman, Mr Ajuri Ngelale, the President will be using the platform to advocate for funding as well as technical support to tackle the array of climate problems facing the country. He said Mr Tinubu was “mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, will maximise

By Dipo Olowookere The volume of trades on the floor of the Nigerian Exchange (NGX) Limited recorded a significant increase on Tuesday on renewed bargain-hunting. Business Post reports that investors were interested in domestic stocks during the session as they cherry-picked equities trading at relatively cheap prices. Shares of companies on Customs Street, Lagos, have been trading at low prices in the past months amid fears of uncertainties in the country, especially as Nigeria prepares for the 2023 general elections in February. But today, the trading volume rose by 204.59 per cent as investors exchanged 420.3 million shares worth N3.6

By Aduragbemi Omiyale The Norwegian Investment Fund for developing countries, Norfund, has described Nigeria as Norway’s most important market in Africa, noting that efforts are being made to increase investments in the giant of the continent. Nigeria is one of the biggest economies in Africa and has the largest market because of its population of over 200 million, according to the government. At an event held in Lagos recently, Norfund said it intends to drive development in Nigeria and create jobs through investments in the private sector. “Set to become the world’s third most populated country, Nigeria is Norway’s most

By Modupe Gbadeyanka On Friday, November 25, 2022, stakeholders will converge on the Zone Tech Park, Gbagada, Lagos, by 10 am to discuss the use of digital technology to increase sales or revenue in a fast-evolving digital world. The programme, called the Lagos Digital Summit, in its sixth edition, is being packaged by Mustardels Media and Expoze Nigeria. It is a gathering of digital communication adopters, professionals and enthusiasts for the accelerated development of their businesses and the attainment of consistent value-add to various sectors and spheres of existence in Nigeria. “Over 1,000 attendees are expected to attend the event,

By Aduragbemi Omiyale In its determination to make its latest toothpaste variant, Closeup Triple Fresh Formula, accessible and available to consumers across Nigeria at the best market prices, Unilever has partnered with Jumia Nigeria. The global fast-moving consumer goods manufacturer explained that it collaborated with Jumia to reach millions of Nigerian customers through an online platform with the widest reach in the country. Also, with the partnership, Unilever is offering customers free delivery on its laundry, hygiene and seasoning products on Jumia Express which makes delivery within 24-48 hours possible. “As Nigeria’s leading e-commerce platform, the partnership with Jumia will

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over his refusal to publish names of suspected looters of N6 trillion Niger Delta Development Commission (NDDC) funds between 2000 and 2019, as documented in the recent Forensic Audit Report on the agency. In the suit filed at the Federal High Court, Abuja, SERAP is seeking “an order of mandamus to direct and compel President Buhari to publish the names of those indicted in the alleged misappropriation of over N6trn in the running of the Niger Delta Development Commission (NDDC) between 2000

By Adedapo Adesanya For Helen Eyo, hospitality has been entrenched in her from a young age. For the last child in a family of six, taking care of others came naturally just as her acumen for business. It was this that laid a foundation for her to establish Elen Homes, a shortlets company in Lagos with a vision to provide affordable housing to meet the surging demand. Raised by hardworking parents with her father, a logistic consultant and a mother who is a fashion designer, Helen was taught to never limit herself to what existed in the periphery and she

By Dipo Olowookere Six best WASCE students in 2015 and 2016 from schools in the three senatorial zones of Abia State have each received scholarship to further their education in any Nigerian university of their choice. The kind gesture was made by the state Governor, Mr Okezie Ikpeazu, at an interactive session with students from the state. The occasion was the official opening of an ultra-modern e-library in Abia State. The Governor explained that he doled out the scholarships to the beneficiaries as part of his commitment to boost education in the state as well as encourage others to want

By Dipo Olowookere Former spokesman of the President Goodluck Jonathan Campaign Organisation, Mr Femi Fani-Kayode, has been granted bail by a Federal High Court. Mr Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge bordering on money laundering to the tune of N26 million. He was arrested at the premises of a high court in Lagos last month, where he is facing a 17-count charge of money laundering ‎to the tune of N4.9 billion and then taken to Abuja by the EFCC. However, the Osun State-born politician was granted bail on Thursday by Justice