P&ID: Fleeing James Nolan Begins Defence, Fails to Call Witnesses

By Bliss Okperan The House of Representatives has asked that the Minister of Communication and Digital Economy, Mr Bosun Tijani, intervene in, halt and reverse the increase in the DSTV/GOTV tariffs by MultiChoice Nigeria. A member of the House, Mr Umar Ajilo, moved the motion on Tuesday on the floor, saying the prevailing economic hardship has made it difficult for subscribers to meet up with the increment. Recall that earlier this month, MultiChoice Nigeria introduced new rates for its DSTV and GOTV packages in the country, blaming rising costs of business operations for its action. “On Monday, November 6, 2023,

By Bliss Okperan Governor Abba Kabir Yusuf of Kano State has presented another supplementary budget to the Kano State House of Assembly. Recall that about two months ago, the Governor presented a supplementary budget of N58 billion to the state legislative arm of government. On Tuesday, he approached the parliament for approval for another supplementary budget of N24 billion, noting that the funds would be used for the settlement of gratuity and personnel costs. According to him, the payment of gratuity will gulp N20 billion, while N4 billion is for personnel costs. The first and second supplementary budgets under Mr

By Modupe Gbadeyanka The Programme Coordinator for Media and Policy at the Social and Economic Justice Advocacy (SEJA), Mr Jerome-Mario Utomi, has challenged the Lagos State government to lead the movement against environmental injustice. Mr Utomi, while speaking on Tuesday as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, the Netherlands, also advised the government to stop being the coach and captain during environmental conversations. At the panel discussion themed “The role of multi-stakeholder engagement in achieving environmental justice, he noted engagement and collaboration have been overused by those in the position of

By Modupe Gbadeyanka The board of directors of Access Bank Plc has announced a closed period for the trading in the financial institution’s securities on the floor of the Nigerian Stock Exchange (NSE). A statement issued on Friday said the restriction period will begin from July 6, 2019 to when the lender releases the audited financial statements of the bank for the half year ended June 30, 2019. Before the results are filed to the NSE, the board will have a meeting fixed for Friday, July 26, 2019, so as to scrutinise the books and possibly see if an interim

The casino business is one of the most profitable in the world, but it can be a bit difficult to open one, depending on where you live. There are numerous countries around the world where gambling is forbidden which is why many people from these countries use VPNs to visit websites from other countries and play there. This only means that people will always find a way to play an online casino no matter what. One of their biggest advantages is that they are going towards the technology, and they are constantly updating the gameplay. This can’t be said for

By Adedapo Adesanya The federal government has assured a coalition of private-sector operators of a stimulus package that would assist them as they face the long-term effect of the COVID-19 pandemic. The Ministry of Industry, Trade and Investment, which has been charged with this task, noted that some of these interventions include a N50 billion survival funds for Micro Small and Medium Enterprises (MSMEs) and a N15 billion guaranteed uptake scheme to save 500,000 jobs, 40 per cent of which will be reserved for women-owned businesses. The Minister of Industry, Trade, and Investment, Mr Adeniyi Adebayo, told the Organised Private

By Dipo Olowookere Activities on the floor of the Nigerian Stock Exchange (NSE) occurred for only four days this week due to the public holiday declared by the Federal Government on Monday, May 29, 2017 to mark the 2017 Democracy Day celebration. But at the close of the four-day trading week, heavy transactions in the shares of some banks and insurance stocks lifted the volume and value of shares traded by investors as a total turnover of 2.319 billion shares worth N23.813 billion in 22,310 deals were traded against a total of 1.877 billion shares valued at N20.055 billion that

By Modupe Gbadeyanka Vice President Yemi Osinbajo has been appointed by President Muhammadu Buhari to head the Economic Sustainability Committee. Mr Osinbajo made this disclosure on Monday at a Google Hangout where young Nigerian tech innovators discussed impact of COVID-19 on the industry and the economy at large. Members of the group include Ministers of Finance, Budget and Planning; Industry, Trade and Investment; Labour; Petroleum Resources – state; CBN Governor, GMD NNPC, with the Office of the Secretary to the Government of the Federation as Secretary, a statement issued by the Senior Special Assistant to the Vice President on Media

By Modupe Gbadeyanka To curb fire outbreaks in public schools and protect the children, the Oyo State Government has taken steps to collaborate with relevant agencies. On Tuesday, fire gutted a Grade ‘C’ customary court building in Omoyeni Memorial Primary School, Ode-Aje, Ibadan, the state capital. On Wednesday, the Executive Chairman of the Oyo State Universal Basic Education Board, Dr Nureni Aderemi Adeniran, was at the school premises for an assessment of the unfortunate incident. While sympathizing with the headship of the Customary Court over the incident, Mr Adeniran commended the school community for their contributions in putting the fire

By Adedapo Adesanya Global oil demand is expected to rise by 1.7 million barrels per day this year compared to 2021. In its latest Oil Market Report (OMR), the International Energy Agency (IEA) revised downward the trend by 100,000 barrels per day. The Paris-based agency said its demand growth estimate will be supported by high prices, which will weigh on consumption. “Higher prices and a deteriorating economic environment have started to take their toll on oil demand, but strong power generation use and a recovery in China are providing a partial offset,” it stated. Total global oil demand is expected

By Modupe Gbadeyanka A platform to enable consumers to have access to top quality products directly from the manufacturers, eliminating all third parties, has been created by Nigeria’s number one online marketplace, Jumia. The initiative called Brand Festival campaign will reduce the cost of the products, which will enable consumers to save money. A statement issued by the organisation disclosed that the campaign will run from September 21 to 27, 2020, and will allow consumers buy directly from global brands like Reckitt Benkiser, Unilever, Nokia, Intel, HP, Nexus, Hisense, Sharp, Samsung, Binatone, XIAOMI, ABSOLUT, Dettol, and Logitech. “The aim of