Sanwo-Olu, Sanusi for Nigeria2Equal Gender Leader Awards

By Bliss Okperan The Sokoto State Election Petition Tribunal will on Saturday, September 30, 2023, deliver a judgement on the petition filed by the candidate of the Peoples Democratic Party (PDP) in the governorship election in the state, Mr Sa’idu Umar. Mr Umar challenged the victory of the Governor of Sokoto State, Mr Ahmed Aliyu, who contested the poll under the platform of the All Progressives Congress (APC). He said Mr Aliyu was not qualified to partake in the poll and also alleged electoral fraud during the March 18 governorship election. In a press release, the court stated that, “Take

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 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 Bliss Okperan The Lagos State Waste Management Authority (LAWMA) has announced the immediate closure of the popular spare parts market, Ladipo Market, over an “unhygienic environment.” In a statement on Friday, the waste management agency said it shut down the market due to the unwholesome environmental practices by traders who refused to pay for waste services alongside the poor waste management. The Commissioner for Environment and Water Resources in Lagos, Mr Tokunbo Wahab, said the market would remain closed until the mandatory conditions of redress have been met by traders and market stakeholders. “It is imperative that markets in

By Modupe Gbadeyanka A partnership has been entered into between Publiseer and Caketunes to distribute more African music contents to platforms across the globe. Publiseer is a digital content distribution company, while Caketunes is a firm focused mainly on the distribution of music production beats. As part of the agreement, Publiseer will distribute beats and songs uploaded on the Caketunes platform to hundreds of well-established music platforms like iTunes, Spotify, Google Play Music, Pandora, Deezer and Amazon Music. Also, artistes using Publiseer will have the opportunity to purchase beats on Caketunes for a 25 percent discount. Commenting on the development,

**Creates 3,000 Jobs By Modupe Gbadeyanka A $100 million truck assembly plant has been established in Lagos by Dangote Group of Companies as part of its efforts toward boosting foreign exchange and job creation in the country. According to a statement issued on Sunday in Lagos by the firm, the new plant was set up in partnership a Chinese company called the National Heavy Duty Truck Group Company Limited (SINOTRUK) in 2014. While Dangote owns 60 percent stake in the assembly plant, SINOTRUK holds 40 percent and the truck plant is expected to create 3,000 direct employments when fully operational.

By Modupe Gbadeyanka One of children’s best drink brands, Ribena, has launched its ‘Back-to-School Scholarship’ promo as pupils prepare for a new academic year. Business Post learnt that the promo was initiated to specially reward kids, who have shown loyalty to the brand for many years. Ribena is enriched with Vitamin C, which is good for the body. The promo, which kicked off on August 25, 2016, offers 250 children the opportunity to win N100,000 worth of scholarships. New and existing consumers are expected to buy a carton of Ribena 150ml, search the carton for a Smarty Berry Sticker with

By Adedapo Adesanya The Oyo State government has launched a digital Certificate of Occupancy (C-of-O) issuance platform, in line with plans to increase revenue in the state. This was disclosed by the Commissioner for Lands, Housing and Urban Development, Mr Abiodun Abdu-Raheem, in a statement released over the weekend. He noted that with this new digital initiative, the processing and collection of Certificate of Occupancy in the state is now faster, easier and affordable. He also called on all eligible property owners without title or approved documents to take advantage of the opportunity. He also revealed that Oyo State Government

By Adedapo Adesanya There was stability at the foreign exchange market in Nigeria on Wednesday as the exchange rate of the Naira to the Dollar mostly remained unchanged at the different segments. The global situation caused by the covid-19 pandemic has made the local currency enjoy a bit of stability as the usual pressure on it has now eased. At the Investors and Exporters (I&E) segment, the local currency was exchanged against the Dollar at N384.83/$1, the same rate it traded at the previous session. However, the market segment recorded another hike in the transaction volume as trades worth $76.18

By Adedapo Adesanya The value of the National Association of Securities Dealer (NASD) Over-the-Counter (OTC) Securities Exchange is getting closer to the N1 trillion valuation and this is being driven by the sustained rush for the stocks of FrieslandCampina WAMCO Nigeria Plc on the platform. Many investors want to be part of the cash reward proposed to shareholders by the board of directors of the leading dairy company in Nigeria. The firm is planning to pay N4.23 as a dividend for the financial year ending December 31, 2021, and this has triggered a high demand for the shares, causing it

By Adedapo Adesanya The first match of the 2022 FIFA World Cup taking place in Qatar may be moved backward by the organisers, new reports suggest. The reason is to allow the host nation to be involved in the first match and will mean that the tournament will now be staged from November 20 to December. The tournament had originally been scheduled to get underway on Monday, November 21 with African champions, Senegal, taking on the Netherlands in Group A. However, multiple reports confirm that FIFA now plans to move host nation Qatar’s opening clash against Ecuador, also in Group

By Dipo Olowookere Nigeria’s Acting President, Prof Yemi Osinbajo, has shed more light on the main reason Federal Government inaugurated the MSMES Clinics. Speaking at an event held last week in Katsina, Mr Osinbajo noted that the initiative was to provide a platform for small businesses “to meet with the industry regulators, to talk to them and to hear their problems.” The Acting President averred that the Federal Government’s newly launched Economic Recovery & Growth Plan (EGRP) places high premium on the nation’s capacity to grow its export potentials rather than continue on the unsustainable path of total dependence on