The management of the University of Lagos has postponed the university’s 51st convocation scheduled to commence on March 9. This was contained in a press statement released on the university’s website on Thursday. No reason was given for the postponement in the statement signed by the Registrar and Secretary to Council, Oladejo Azeez, Esq. The […]
Month: March 2020
Bank Charges on deposits, withdrawals above N500, 000 to commence April 1
The nationwide implementation of the Central Bank of Nigeria’s cashless policy on deposits and withdrawals above of N500, 000 will take effect nationwide from April 1. This was made known in an electronic mail message sent by the Guarantee Trust Bank to its customers on Thursday. According to the message, there will be three per […]
Senate approves Buhari’s borrowing plan of $227 billion
The Senate on Thursday approved the 2016- 2018 External Borrowing Plan to the tune of $22.7 billion to be spent by the Federal Government to execute key infrastructural projects. The approval of the Senate was sequel to the consideration of the report of the Committee on Local and Foreign Debts by the Chairman, Senator Clifford […]
OPEC agrees on deal to cut 1 mil b/d, non-OPEC 500,000 b/d
OPEC has coalesced around a plan to cut 1 million b/d of its own crude oil production and lobby Russia and nine other non-OPEC partners to slash 500,000 b/d of their output for a total reduction of 1.5 million b/d through the second quarter, according to sources familiar with the discussions. This would be on […]
NIMASA DG: Jamoh replaces Dakuku Peterside
The President, Major General Muhammadu Buhari (retd.), has approved the appointment of Bashir Jamoh as the Director-General of the Nigerian Maritime Administration and Safety Agency. According to The Cable, Jamoh replaces Dakuku Peterside who was appointed in 2016 to head the maritime agency. A source at the Ministry of Transportation, Abuja also confirmed the development […]
Tokyo Olympics: Nigeria among countries with highest doping risk
Morocco and Nigeria were on Thursday added to the list of countries at the highest doping risk by the Athletics Integrity Unit (AIU), less than five months from the Tokyo 2020 Olympics. Countries worldwide are classified by the AIU in three categories — A, B and C — according to the level of doping risk […]
Nigeria faces harder times as OPEC mulls 2.7 million daily cut
Nigeria’s vulnerable economy may face further challenges following plans by the Organisation of Petroleum Exporting Countries (OPEC) to reduce crude oil output by about 2.7 million barrel per day (bpd) in an attempt to save the market from the shocks of Coronavirus. Oil prices have fallen to a record low since the outbreak early this […]
Rohr calls up 24 players for Super Eagles, Sierra Leone match
Super Eagles coach Gernot Rohr has listed team captain Ahmed Musa, vice-captain William Ekong and veteran defender Kenneth Omeruo in his 24-man Super Eagles’ roster for the quick-double 2021 Africa Cup of Nations qualifying fixture against the Leone Stars of Sierra Leone this month. There are also goalkeeper Daniel Akpeyi, defenders Leon Balogun and Olaoluwa […]
Police silent as herdsmen brandish AK-47 rifles in Anambra —Ohaneze
Ohanaeze Ndigbo has accused law enforcement agencies of ignoring reports of herdsmen moving around with AK-47 rifles in a community in Anambra state. In a petition to Mohammed Adamu, inspector-general of police, the apex Igbo socio-cultural organisation said the story would have been different if those carrying guns were members of the Indigenous People of […]
Court suspends Oshiomhole as APC chairman
A Federal Capital Territory (FCT) High Court in Jabi on Wednesday ordered the suspension of the National Chairman of the All Progressive Congress (APC), Adams Oshiomhole, pending the determination of a substantive suit. The judge, Danlami Senchi, gave the order following an application of interlocutory injunction asking the court to suspend Mr Oshiomhole, having been […]