FG Declares June 12 Public Holiday

By Adedapo Adesanya President Bola Tinubu has increased the initially proposed monthly allowance for federal civil servants from N25,000 to N35,000. The money is still to be paid monthly for six months. The increment was announced in a statement by the Minister of Information, Mr Mohammed Idris. This development came less than 24 hours after Mr Tinubu on his first Independence Day broadcast on Sunday morning announced the monthly payment of N25,000 allowance to junior civil servants to cushion the effect of the impact of petrol subsidy removal. He said the allowance would be paid for six months. However, after

By Bliss Okperan A news report filtering in indicates that a part of the Supreme Court complex in Abuja has been gutted by fire. The incident, according to what Business Post gathered, happened on Monday morning. It was said that offices of three justices were affected by the inferno, whose cause is yet unknown at the time of filing this report. Details later…

By Adedapo Adesanya  The Senate and the House of Representatives will on Tuesday resume plenary after weeks of vacation with expectations that they will attend to correspondences from President Bola Tinubu. The upper chamber adjourned for a six-week annual recess on August 17 after confirmating 45 out of the 48 ministerial nominees of President Tinubu. The Senate President, Mr Godswill Akpabio, also announced the composition of 74 standing committees on that day. Upon resumption, the Senate will commence its legislative duties by attending to correspondences from the President requesting the confirmation of some appointments he made. The appointments include those

By Adedapo Adesanya An initiative to boost youth employment and shore up Nigeria’s foreign exchange (FX) earnings has been introduced by the Nigerian government. The scheme, the National Talent Export Programme (NATEP), was unveiled over the weekend at the Microsoft Office in New York, United States of America by the Minister of Industry, Trade and Investment, Mrs Doris Uzoka-Anite. She said the programme would position Nigeria as an export hub for talent outsourcing in Africa following the example of India, Bangladesh, Mexico and The Philippines. Mrs Uzoka-Anite noted that NATEP is a key national initiative that will serve as a

By Adedapo Adesanya The suspended Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Tuesday, approached the Federal Capital Territory High Court, Abuja, to challenge his detention by the Department of State Services (DSS). In his originating motion on notice, Mr Emefiele begged the court to enforce his right to liberty and freedom of movement, as there is no basis for his continuous detention. However, the federal government and the DSS have insisted that the detention of the suspended CBN Governor is lawful. In a preliminary objection filed against the fundamental rights enforcement suit instituted by Mr

By Dipo Olowookere Mara Corporation Limited (MC) has disclosed that it plans to launch its Mara X for the African market in the second quarter of 2018. The Mara X, according to the firm, will be a one-of-a-kind high-quality smartphone in partnership with Google. A statement issued by Mara Corporation explained that the Mara X will be launched as part of Google’s Android One portfolio, getting a software experience designed by Google to be smart, secure and simply amazing. It comes with the latest innovations from Google and will run the latest operating system, Android 8.0 Oreo; with two years

By Modupe Gbadeyanka The 2017 edition of Maltina Teacher of the Year award has been flagged-off by Nigerian Breweries Plc, organiser of the event. According to our correspondent, the grand finale of the ceremony is slated to hold on Thursday, October 12, 2017 in Lagos. Like in 2016, each state champion will get N500,000 and the top 10 teachers will be recognized before the grand winners are announced. Also, the 2nd and 1st runners-up will receive trophies and an additional N750,000 and N1 million respectively, while winner of the Maltina Teacher of the Year 2017 will get an additional N1

By Ahmed Rahma Over 100 farm landowners in Kumbotso local government area of Kano State will share the sum of N42.5 million for forfeiting their lands to the federal government for the proposed 10kw Solar Project. Already, the money has been released for disbursement to the beneficiaries by the Kano State government. According to the Managing Director of Kano State Investment and Properties Company Ltd, Dr Jibrilla Muhammad, the compensation was to assist the farmers to get the reward for their sacrifices. Speaking at the commencement of the payment at the palace of the District Head of Kumbotso, Mr Ahmad

By Modupe Gbadeyanka The Nigeria Customs Service (NCS) has revealed easy ways to confirm payment of duty on vehicles as it plans to begin clampdown on defaulters. Addressing a media stakeholders meeting in Abuja on Tuesday, the Comptroller-General of the agency, Mr Hameed Ali, said this move was to avoid causing hardship to Nigerians in regards to duty payment on old vehicles and verification. Mr Ali said at the meeting that, “For effective and easy customs duty clearance verification, you can dial or send SMS to this number, 094621597, with your vehicle C-number, the year you paid the duty and

By Adedapo Adesanya The Industrial Training Fund (ITF) has said that plans are underway to partner with investors on the local assembly of smartphones. This was disclosed by the Director-General of the agency, MrJoseph Ari, during the graduation ceremony of ITF/Nigerian Content Development and Monitoring Board (NCDMB) vocational skills training programme on Monday in Abuja. He expressed delight that the trainees were able to assemble the first indigenous Global System for Mobile (GSM) smartphone in the country, a move that has prompted the need for collaboration with investors to ramp up production. “I am thrilled to inform you that from

By Adedapo Adesanya Friesland Campina Wamco Plc overturned gains recorded at the NASD Over-the-Counter (OTC) Securities Exchange on Monday (January 20) as the key market parameters closed in the negatives on Tuesday, January 21. At the previous session, UBN Property Company had moved the market up, but at the close of Tuesday’s session, the milk producer, ending as the sole loser, pulled down performance as the market capitalisation and unlisted securities index pointed south. Friesland saw its share price drop 70 kobo at the bourse yesterday as it closed at N124.30 per share from N125 per share it previously traded,

By Ahmed Rahma Over the weekend, one of the top music stations, MTV Base, thrilled its audience with the 2020 edition of its annual MTV Base Roundtable. The event is used by the respected media platform to rate the hottest albums of the year under review and during the programme, the 20 hottest albums released in 2020 were rated. Business Post reports that the 2020 MTV Base Roundtable, which aired on Saturday, December 19, exclusively on MTV Base, was anchored by popular MTV Base VJ, Ehiz Dadaboi. It had a panel of five distinguished media personalities like Shody, Charity Owoh,