Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over failure to publish details of the N800bn recovered loot. In a statement issued on Sunday by SERAP Deputy Director, Kolawole Oluwadare, the group wants the Federal Government to “disclose information and documents relating to the names of people from whom […]
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 45.46 per cent. Speficially, investors sold and bought 137.05 million shares worth N920.53 million in 2,869 deals. This was in contrast with 251.29 million shares valued at N1.58 billion exchanged in 2,954 deals on Thursday. Access Bank drove the activity […]
Crystal Palace have bolstered their attacking options ahead of the new English Premier League (EPL) season with the signing of Eberechi Eze from Championship side Queen’s Park Rangers (QPR). Eze, who earned rave reviews last season and scored a majestic goal in his final appearance for QPR against West Bromwich Albion last month, is joining […]
The Nigerian naira eased 1.3% against the U.S. dollar on the official market on Friday, a day after the central bank said it planned to resume forex sales to retail currency operators as the country reopens its airports for international travel. The naira opened for trade at 385.50 per dollar on the market, supported by […]
The Accident Investigation Bureau (AIB) has recovered the BlackBox of the helicopter that crashed into a residential building in Lagos State on Friday. Officials of the Lagos State Emergency Management Agency (LASEMA) are moving the wreckage from the scene of the incident as an investigation into the crash begins. ChannelsTv Pix: Scene of crash
By Foster Obi U.S. Agency for International Development (USAID) has announced five new awards in global health, higher education, youth, and women’s economic empowerment under the New Partnerships Initiative (NPI). A Statement signed by USAID Acting Administrator John Barsa, said that these awards, which total $95 million, demonstrate USAID’s priority of working with new, underutilized, […]
By Foster Obi Emirates has announced restart passenger services to Conakry, Guinea and Dakar, Senegal from 3rd September, with a linked service operating two times a week while utilizing the Emirates Boeing 777-300ER aircraft. This brings the total number of cities served by Emirates in Africa to eight. The premium airline is gradually and responsibly […]
Mobile network operators in the country recorded 9,077 cases of service outages on their networks in the second quarter of the year, the Nigerian Communications Commission (NCC), has said. The agency’s spokesperson, Ikechukwu Adinde, disclosed this in a statement on Wednesday. The statement said this resulted in unexpected disruptions to operators’ network quality of service […]
President Muhammadu Buhari has approved a waiver of the import levy on meters, so that those that do not have meters can be supplied as early as possible at reasonable costs. He also directed the commencement of a nationwide mass-metering programme as part efforts to put an end to estimated and arbitrary billing for electricity. […]
By Foster Obi The unprecedented social and economic crisis caused by the COVID-19 pandemic has put a spotlight on the role of digital finance in providing relief for millions around the world, supporting businesses and protecting jobs and livelihoods. While the pandemic demonstrates the immediate benefits of digital finance, the disruptive potential of digitalization in […]