Fake News: TMTR Training Room Trains Journalists in Lagos

By Bliss Okperan The Deputy Governor of Edo State, Mr Philip Shaibu, has announced his interest in the governorship election slated for 2024. Mr Shaibu, who fell out with former Governor Adams Oshiomhole to pitch his tenth with Governor Godwin Obaseki, declared his interest in the number one office of the state on Monday. In a televised announcement, the former student union leader said he intends to govern the state because of his desire to transform the Heartbeat of the Nation. According to him, his past records will make it easy for him to clinch the sole ticket of the

By Modupe Gbadeyanka A key suspect in the Dangote Cement price slash scam, Mr Benjamin Ezeukwe, has been arraigned in court by the police in Lagos State. A statement issued by the spokesman of the Lagos Command of the Nigeria Police Force (NPF), Mr Benjamin Hundeyin, disclosed that the accused person was taken to court for prosecution after he was arrested in Rivers State. The Police Public Relations Officer, who is a Superintendent of Police (SP), disclosed that Mr Ezeukwe was picked up by police operatives on Thursday, October 19, 2023, in the Rumuolumeni area of Obio/Akpor local government area

By Adedapo Adesanya  The Kwara State Government has announced the signing of a Memorandum of Understanding (MoU) with IHS Nigeria for the development of a technology innovation facility in the state. In a statement released by the government’s spokesperson, Mr Rafiu Ajakaye, it was said that Mr AbdulRahman AbdulRazaq, the governor of the state, signed the MoU alongside IHS Nigeria CEO, Mr Mohamad Darwish, at a brief ceremony attended by several officials in Ilorin, Kwara State on Saturday, November 18, 2023. The project tagged Ilorin Innovation Hub is part of the state government’s efforts to stimulate and deepen the alignment

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Dipo Olowookere Last week, a total turnover of 2.051 billion shares worth N16.126 billion in 13,508 deals were traded by investors on the floor of the Nigerian Stock Exchange (NSE), lower than the total of 896.610 million shares valued at N16.561 billion that exchanged hands the previous week in 12,638 deals. During the week, stocks in the financial services sector led the activity chart by volume with 1.784 billion shares valued at N12.588 billion traded in 8,469 deals, contributing 87.00 percent and 78.06 percent to the total equity turnover volume and value respectively. This was trailed by equities in

The Tertiary Education Trust Fund (TETFund) and the Federal Ministry of Science and Technology have signed a Memorandum of Understanding to boost research and development in the country; so as to promote national development. Speaking at the ceremony on Tuesday, the Executive Secretary of TETFund, Prof. Elias Sulaiman Bogoro, said that the federal government released N5 billion last year to his agency to fund research and expressed hope that the grant will be increased to further enable it intensify on funding research. He also said that Science, Technology, Engineering and Mathematics (STEM) is the nerve centre for developed nations and

By Adedapo Adesanya The Naira continued its free fall against the American Dollar at the black market on Tuesday, with a further lose of N5. The domestic currency wrapped up the second day of the week at N460/$1 compared with the N455/$1 it traded at the segment of the foreign exchange (forex) market on Monday. However, at the same segment, the local currency closed flat against the Euro at N465/€1 while against the Pound, it appreciated by N5 to close at N540/£1 in contrast to N545/£1 it exchanged at the previous session. At the Investors and Exporters (I&E) window of

By Adedapo Adesanya The Federation of International Football Association (FIFA) has launched a new streaming video service, FIFA+, that will see football fans enjoy live football games from domestic leagues across the globe, as well as archive clips and games, original content in the form of documentaries, and a match centre for results and statistics. Launched earlier this week, FIFA+ is a free, ad-supported platform that will be released as an app (iOS and Android) and website. The free cost might be temporary, according to Variety, and there could be a subscription fee going forward. According to FIFA President, Mr

By Aduragbemi Omiyale To uplift the girl-child through education and made them better persons in society, Pacegate Limited, a leading manufacturer of UN Certified Steel Drums and distributor of Adipro Lubricant Additives, has collaborated with Polaris Bank. It was gathered that the two organisations partnered to promote human capital development and combat climate change in Nigeria through the provision of essential school supplies such as; school bags, pens, books, sandals, and uniforms to over 1,400 schoolgirls in secondary schools in Kano, Lagos and Imo States. This gesture, they believe, will boost inclusive quality education and lifelong learning opportunities for all,

By Adedapo Adesanya ***reaffirms commitment to global standard law practice in Nigeria. G.Elias, a leading Nigerian business law firm, has announced the appointment of executive partners to lead the management team and oversee the business. Effective April 1, 2023, Mr Fidelis Adewole and Okechukwu Okoro became the firm’s Managing Partner and Deputy Managing Partner, respectively. Each of them has been responsible for managing critical multinational and other clients and is recognized in international directories of lawyers. Mr Adewole has over 17 years of experience in the areas of corporate law (including serial mergers), litigation and arbitration. On his part, Mr

By Dipo Olowookere Founder and Executive Vice Chairman of CWG Plc, Mr Austin Okere, has pointed out that the biggest threat to banks are not financial technology companies otherwise known as Fintechs. According Mr Okere, the banks are their own biggest threat. While delivering his paper entitled ‘Big data, Fintech and the future of banking’ at the 2018 Lagos Bankers & Stakeholders’ Nite organised by Lagos branch of the Chartered Institute of Bankers (CIBN), Mr Okere said banks believe they can always make profits even in times of economic downturn when the real sector of the economy suffered the most.

By Adedapo Adesanya The Department of Petroleum Resources (DPR) has assured Nigerians that petroleum products would be available during the Easter holidays. This was disclosed by the Head, Public Affairs, DPR, Mr Paul Osu, in a statement issued in Abuja on Wednesday, adding that there was product sufficiency nationwide and advised marketers against hoarding and creating artificial scarcity. He said DPR would intensify its monitoring and surveillance of petroleum products outlets to ensure compliance with quality, quantity, integrity and safety of operations in line with its regulatory mandate. Mr Osu advised consumers to report any infraction such as under dispensing