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Breaking: Wike endorses Sanwo-Olu for second term, donates N300m to COWLSO
Rivers State Governor, Nyelsom Wike on Tuesday endorsed Governor Babajide Sanwo-Olu for a second term in office. He also donated N300 million to the Committee of Wives of Lagos State officials (COWLSO). Wike spoke at the 22nd edition of COWLSO’s conference in Lagos. Details later..
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NEWS FLASH: Appeal Court frees IPOB leader, Nnamdi Kanu
The Court of Appeal sitting in Abuja, the Federal Capital Territory on Thursday upheld the appeal of the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu. The court also discharged and acquitted the embattled leader of the proscribed group. Kanu had in his appeal dated April 29 and marked CA/ABJ/CR/625/2022 applied to be discharged and acquitted.…
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Police recover 87 phones, 10 laptops, 11 generators, others from three suspects
By Mosunmola Ayobami, Ilorin Kwara State Police Command has arrested three suspected rapists and armed robbers at Malete in Moro Local Government Area of the state. The suspects; Ridwan Abdulfatai (20), Ibrahim Ridwan Akorede (25) and Aliyu Abubakar Apalado (25) have all confessed to the crimes, according to the police. Items recovered from the suspects, according to a statement by the…
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Closure of Dangote Cement factory by Kogi govt, Shocking, Say LCCI, others
…urge truce by BPE, NIPC Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have berated the Kogi State government over the closure of Dangote Cement, Obajana Plant, describing the action as being hasty. This is just as Lagos and Abuja branches of the Chamber in separate statements…
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N3.7trn intervention funds recovered, N5trn not due, says CBN
The Central Bank of Nigeria (CBN) on Wednesday clarified that out of the N9 trillion interventions it had disbursed in critical sectors of the economy, about N3.7 trillion had so far been repaid by beneficiaries while about N5 trillion was not yet due for recovery. The revelation by the Central Bank came just as various stakeholders in the Nigerian power…
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PHOTO NEWS: Sanwo-Olu inspects construction of J.K Randle Centre for Yoruba Culture and History
Lagos State Governor, Babajide Sanwo-Olu on Wednesday inspected the ongoing construction of J.K Randle Centre for Yoruba Culture and History at Onikan, Lagos Island. Sanwo-Olu was accompanied by Chairman, Yoruba Tennis Club; Chief Babajide Damazio; Commissioner for Tourism, Arts and Culture, Mrs. Uzamat Akinbile-Yussuf, Principal Architect, SISA, Mr. Seun Oduwole and Commissioner for Economic Planning and Budget, Mr. Sam Egube.
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Agege: PDP Reps candidate promises to create N1million Revolving Loan for SMEs if elected
Peoples Democratic Party (PDP) candidate for Agege Federal Constituency in the 2023 general elections, Sola Osolana, has promised to create N1million revolving business loan for the constituents if elected. Osolana made the promise at a press conference held in Agege while flagging off his campaign. The PDP candidate said that the loan was to enhance Small and Medium Scale Enterprises…
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Reactions trail CBN’s MPR hike to 15.5%
Economic experts are no longer at ease with the aggressive use of interest rate hikes by the Central Bank of Nigeria (CBN) to cushion the effect of inflation on the masses. Already, inflation has gone mad, hitting a 17-year high at 20.52 per cent in August, throttling the exchange rate to N720/$1 at the parallel market, heightening food shortage, and…
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Osun guber poll: Tribunal adjourns hearing to October 4
By Deborah Oladejo, Osogbo Osun State Election Petition Tribunal has adjourned its sitting to Tuesday, October 4 for the proper commencement of pre-hearing proceedings. The adjournment followed the tribunal’s decision to give the Independent National Electoral Commission (INEC), Peoples Democratic Party (PDP), and the Governor-elect, Sen. Ademola Adeleke seven days to respond to the pre-hearing form they obtained during the day’s…
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Dangote Sugar commits billions to CSR schemes in Adamawa, Nasarawa
The Dangote Sugar Refinery Plc (DSR) has scaled up its social intervention programmes around host communities in Adamawa and Nasarawa States where its Backward Integration projects are located. The Group is investing hugely in raw sugar production as part of the Federal Government Sugar Master Plan. This is coming on the back of $500million that has so far been injected…
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