Chief Justice of Nigeria Tanko Muhammad Resigns

By Adedapo Adesanya The Nigeria Labour Congress (NLC) is set to embark on its planned strike as it said it does not have any agreement with the federal government to shelve the action. This came from its Head of Information and Public Affairs, Mr Benson Upah, who countered a statement by the Ministry of Labour and Employment. Mr Upah also said the NLC did not have any date for a meeting with the government that may lead to the suspension of the proposed strike. “We do not have any agreement with the government to suspend the planned strike action. Neither

By Adedapo Adesanya Nigeria faces a crippling fertiliser shortage as 34,000 metric tonnes of Russian Fertiliser meant for Nigeria is stuck at ports in the European Union (EU) as a result of continued war in Ukraine. Russia’s Foreign Minister, Mr Sergey Lavrov, confirmed this development on Saturday at the 78th United Nations General Assembly (UNGA) in New York, noting that 260,000 metric tonnes of Russian fertilisers have been stranded in EU ports since 2022. According to Russian News Agency, TASS, Mr Lavrov informed reporters that, “We are ready to give these fertilisers to African countries for free. It took six

By Adedapo Adesanya The federal government has declared Monday, October 2, 2023, a public holiday to celebrate Nigeria’s 63rd Independence Day, which falls on Sunday, October 1. The Minister of Interior, Mr Olubunmi Tunji-Ojo, made this known in a statement signed by the ministry’s Permanent Secretary, Mrs Oluwatoyin Akinlade, in Abuja on Thursday. Mr Olubunmi acknowledged the global socio-economic hardship, noting that Nigeria is not excluded. He, however, reasserted the government’s commitment to tackling the issues facing the country to reassure Nigerians. “It is today a known fact that difficult Socio-Economic and Security challenges are global, and Nigeria is not

By The Trade Coin Club When Bitcoin came into the limelight, it was barely nothing. I remember an article in 2013 where a man bought a burger with 10,000 Bitcoin. If that individual still has the 10,000 Bitcoin (or BTC) in 2017, then he would be $10,344,400 (NGN 3,620,540,000) richer. I guess the man’s second and even third generation won’t need to labour so much. To cut the long story short, if you have not invested in Bitcoins yet, you need to. In the next couple of years, Bitcoin is going to be worth up to $2000 per Bitcoin; as

By Adedapo Adesanya The board of Air Liquide Nigeria Plc has expressed its desire to raise fresh capital from the capital market through a rights issue. A notice from the NASD Over-The-Counter Securities Exchange disclosed that the company intends to raise the sum of N2.07 billion from its existing shareholders. Air Liquide is a world leader in gases, technologies and services for industry and health. The company has presence in 80 countries with approximately 66,000 employees and serves more than 3.6 million customers and patients. In the NASD notice, it was stated that Air Liquide, through its stockbroker, Stanbic IBTC

By Adedapo Adesanya Following the invasion of Ukraine by Russia, top tech giants, including Twitter and Facebook have announced measures by blocking Russian media outlets from earning Dollars from adverts. Twitter took action by temporarily pausing all ads in Ukraine and Russia “to ensure critical public safety information is elevated and ads don’t detract from it.” In a tweet – TwitterSafety wrote that “We’re temporarily pausing advertisements in Ukraine and Russia to ensure critical public safety information is elevated and ads don’t detract from it.” Facebook also announced on Twitter that the social media giant has restricted Russian state media’s

By Modupe Gbadeyanka UBA Foundation, the Corporate Social Responsibility Arm of Pan- African financial institution, United Bank for Africa (UBA) Plc, has completed the construction of a pedestrian bridge primarily for students of the Usman Danfodiyo University, Sokoto State, thus bringing comfort to students of the institution. The construction of the bridge, valued at about N13m was commissioned on Monday, by the Governor of Sokoto State, Mr Aminu Waziri Tambuwal, For over four decades, the students of UDUS, especially those living off-campus had found it tedious to connect the campus as the area was impassable, especially during rainy season. They

By Ahmed Rahma The Women In Successful Career (WISCAR) has announced the appointment of Ms Fabia Ogunmekan as an Executive Director. Her appointment was announced as part of the activities to celebrate the association’s 13th anniversary. She was WISCAR’s pioneer Executive Secretary in March 2018 and has since led the executive management team, contributing significantly to the organization’s growth. In her role as Executive Director, she will continue to work strategically with the advisory board towards delivering on WISCAR’s strategic vision. This vision includes strengthening governance, managing talent and succession, scaling WISCAR’s structured mentoring methodology, and gender advocacy efforts for

By Jerome-Mario Chijioke Utomi It is no longer news that the Speaker of the Delta State House of Assembly, Sheriff Oborevwori, has emerged as the gubernatorial candidate of the Peoples Democratic Party (PDP) in the state. It is equally relevant to the present discourse to underline that Oborevwori, who is also the National Deputy Chairman of the Conference of Speakers of State Legislatures of Nigeria, displayed uncommon resilience to clinch the ticket and presently celebrates his landslide victory with a call on Deltans to ensure they all have their Permanent Voter Cards (PVCs) before the 2023 general elections. Expectedly, his

By Adedapo Adesanya President Muhammadu Buhari has written to the National Assembly to extend the date for the implementation of the 2022 Budget to March 31, 2023. The letter was read at the joint plenary by the Senate President, Mr Ahmad Lawan, and the Speaker of the House of Representatives, Mr Femi Gbajamiabila, on Wednesday, December 28. The National Assembly had passed a revised budget of N17.31 trillion for the fiscal year 2022 following the president’s earlier request to make adjustments to the 2022 budget. This is coming exactly a week after Mr Buhari wrote the lawmaking arm of the

By Dipo Olowookere For the first time in eight consecutive trading sessions, the Nigerian Stock Exchange (NSE) closed in the negative territory on Thursday at the close of trading activities. This was the handiwork of Dangote Cement, Fidson, Access Bank and 16 other price losers, which invited the bears to the market to oust the bulls. As a result, the market crumbled by 0.10 per cent and expanded the year-to-date loss to 5.73 per cent. Dangote Cement was the biggest price decliner yesterday as its shares went down by 80 kobo to trade at N134.20 per unit, while Fidson depreciated