By Foster Obi Starzs Investments Company Limited is witnessing new turn of events as the Board has approved the appointment of Ms Iroghama Obuoforibo as Managing Director/Chief Executive Officer of the company effective 1st of February, 2021. The latest development follows the retirement of Mr Greg Ogbeifun’s as Chief Executive Officer having attained Thirty Five […]
Month: January 2021
UK expands Travel ban to include 11 African Countries
The United Kingdom is imposing a ban on travellers entering England from 11 African countries for an initial period of two weeks, the government has said. In a statement on its website, the government explained that the decision was taken in a bid to prevent the spread of a new coronavirus (COVID-19) variant identified in […]
COVID-19: FG to impose fresh lockdown as infection level increases
The Federal Government said it will have no option other than to impose a fresh lockdown on the country if the rising cases of Covid infections recorded lately continue. The National Coordinator of the Presidential Task Force on Covid-19, Sani Aliyu, stated this during a briefing in Abuja. The PUNCH had earlier reported that the […]
NUC asks universities to reopen January 18
The National Universities Commission (NUC) has directed Vice Chancellors of universities to resume academic activities on January 18, 2021. It explained that the instruction was given in line with the directive of the Presidential Task Force (PTF) on COVID-19 on the resumption of schools across the country. NUC’s directive was contained in a statement signed […]
COVID-19: FG to impose fresh lockdown as infection level increases
The Federal Government said it will have no option other than to impose a fresh lockdown on the country if the rising cases of Covid infections recorded lately continue. The National Coordinator of the Presidential Task Force on Covid-19, Sani Aliyu, stated this during a briefing in Abuja. The PUNCH had earlier reported that the […]
Customs FOU ZONE ‘C’ Intercepts 5,200 Live Ammunitions, Other Contraband Goods worth N386million
By Foster Obi The Nigeria Customs Service, Federal Operations Unit, Zone ‘C’ Owerri, after intensive anti-smuggling operations intercepted 5,200 live ammunitions (cartridges of 30GR 70mm Calibre ) and various contraband with a duty paid value (DPV) of Three Hundred and Seventy Eight Million, Seven Hundred and Fifty One Thousand, Nine Hundred and Thirty Five Naira […]
Sanwo-Olu cancels LASU VC appointment process
State Governor and Visitor to Lagos State University, Babajide Sanwo-Olu, has cancelled the ongoing process set up for the appointment of a substantive ninth Vice-Chancellor of the University. The Governor further directed that a fresh process that would terminate in 45 days should commence immediately. This was contained in a statement by Sanwo-Olu’s Chief Press […]
Power generation hits 5,552.8MW
Nigeria has recorded an all-time power generation peak of 5,552.8 megawatts, the Transmission Company of Nigeria announced on Thursday. According to TCN, the new peak power generation, which was recorded at 8.15pm on Wednesday, was successfully transmitted across the grid to power distributors. “This latest all-time peak transmitted surpasses the last peak generation of 5,520.4MW […]
Bitcoin surpasses $40,000 for first time
The price of leading cryptocurrency, Bitcoin, has reached a record $40,000 just hours after it sold for $38,000. The progress began in December 2020 when it broke the $19,783 price it recorded in 2017. While bearish traders expected that the December rise would drop in no time, Bitcoin continued to rise in value with a […]
Elon Musk beats Bezos to become world’s wealthiest person
Elon Musk, the outspoken and envelope-pushing chief executive of Tesla, overtook Amazon boss Jeff Bezos to become the world’s wealthiest person, US media reported Thursday. Musk is a major shareholder of the electric car company and has benefited from Tesla’s surging share price over the last year. CNBC estimated Musk’s wealth at $185 billion. The […]
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