Buhari approves Amos Azi as head of Investment and Securities Tribunal

President Muhammadu Buhari on Monday approved the appointment of Barrister Amos Isaac Azi as Chairman/Chief Executive Officer for the Investments and Securities Tribunal (IST). Azi, before this appointment, was a staff of the Securities & Exchange Commission. A statement from the IST said “his appointment is for an initial period of Five (5) years in accordance with the provisions of Sections 275(2) and 277(1) of … Continue reading Buhari approves Amos Azi as head of Investment and Securities Tribunal

Buhari launches 12.5kg bar of gold worth N268 million

President Muhammad Buhari on Thursday did a virtual launch of the Presidential Artisanal Gold Mining Initiative (PAGMI) at the Council Chambers of the State House Abuja. The president disclosed that in six years Nigeria lost $3 billion to illegal miners. The Central Bank Nigeria (CBN) paid for and received an international standard but locally sourced 12.5kg gold bar (artisanally-mined in Nigeria) worth N268 million for … Continue reading Buhari launches 12.5kg bar of gold worth N268 million

WTO: APC Governors’ Forum’s Bagudu backs Okonjo-Iweala

The chairman All Progressives Congress (APC) Progressive Governors Forum (PGF), Abubakar Atiku Bagudu, has thrown his weight behind the candidacy of a former Minister of Finance, Ngozi Okonjo-Iweala, for the headship of the World Trade Organisation (WTO). In a statement he issued, the Kebbi State Governor argued that President Muhammadu Buhari, in endorsing Okonjo-Iweala’s candidacy, has not only presented the best to the world, but also … Continue reading WTO: APC Governors’ Forum’s Bagudu backs Okonjo-Iweala

C.E.O of Gokada, Fahim Saleh found killed in his New York apartment

The body of the tech entrepreneur, Fahim Saleh was found decapitated and dismembered in his Manhattan apartment. The body was discovered by his sister who went to check on him. The Police said footage shows professional killer attacking him after sharing elevator. According to reports, the alarm was raised by one Saleh’s sister on Tuesday, after she became concerned because she had not heard from … Continue reading C.E.O of Gokada, Fahim Saleh found killed in his New York apartment

NIPC: Nigeria needs bold, coherent policy changes to attract FDI

The Nigerian Investment Promotion Commission (NIPC) says Nigeria needs bold and coherent policy changes to attract more foreign direct investment (FDI) in the post-COVID-19 era. Yewande Sadiku (pictured), NIPC executive secretary, who spoke at a webinar on Thursday, said the United Nations Conference on Trade and Development (UNCTAD) estimates that global FDI inflows will fall by at least 30 percent as a result of the … Continue reading NIPC: Nigeria needs bold, coherent policy changes to attract FDI

Pay-as-you-go not applicable to Pay TV – FCCPC boss

Chief Executive of the Federal Competition and Consumer Protection Commission (FCCPC), Mr. Babatunde Irukera, has stated that the pay-as-you-go billing model in telecommunications is not necessarily applicable to pay television. Irukera said this on Friday while appearing on Sunrise Daily, Channels Television’s flagship public affairs programme. Responding to a question on the subject, Irukera said many pay television subscribers confuse the operations of telecommunications with … Continue reading Pay-as-you-go not applicable to Pay TV – FCCPC boss

CBN orders banks to clear backlog of failed transactions in 2 weeks

To deepen its cashless policy, the Central Bank of Nigeria (CBN) has directed all banks to resolve the backlog of all ATM, POS, and Web customer refunds within two weeks starting June 8, 2020. The directive was contained in a statement signed by the apex bank’s spokesman, Isaac Okorafor, which revealed the revised timelines for dispensing errors and refund complaints. Okorafor said the move was … Continue reading CBN orders banks to clear backlog of failed transactions in 2 weeks

Seyi Makinde inaugurates project monitoring committee for RAAMP in Oyo

Today, Gov. Seyi Makinde inaugurated the project monitoring committee for Rural Access and Agricultural Marketing Project (RAAMP) in Oyo State. The Rural Access and Agricultural Marketing Project (RAAMP) is a Federal Government-sponsored project under the World Bank and other donor agencies with payment of 12 percent counterpart fund project worth by interested state to cater for the construction and rehabilitation of up to 1,000 kilometres … Continue reading Seyi Makinde inaugurates project monitoring committee for RAAMP in Oyo

Union Bank shareholders approve 25k dividend

Shareholders of Union Bank of Nigeria (UBN) Plc have approved the Group’s 2019 annual accounts as well as the recommended dividend of twenty-five (25) Kobo per N0.50 ordinary share during the Bank’s first-ever virtual Annual General Meeting (AGM) which held yesterday in Lagos. Addressing shareholders during the AGM, the Bank highlighted some of its key achievements in 2019, including – the launch of alpher, the … Continue reading Union Bank shareholders approve 25k dividend

Oyo State Government sign Agribusiness Development Agency Bill into law.

Gov. Seyi Makinde has signed the Oyo State Agribusiness Development Agency (OYSADA) Bill into law. The signing of the bill into law took place at the Government House, Agodi, Ibadan. In his address shortly after signing the bill into law, the Governor made it known that Agribusiness is one of the cardinal programmes of the current administration, and signing of the Agency bill into law … Continue reading Oyo State Government sign Agribusiness Development Agency Bill into law.