The Federal Government has disbursed no fewer than N38 billion in loans to support Small and Medium Scale Enterprises (SMSEs) over the past four years. This is according to the Vice President, Professor Yemi Osinbajo, who spoke on Thursday at an event organised by the Aisha Buhari Foundation in Abuja. He lamented that the global […]
Author: umunna
Alleged funds diversion: Court admits ex-chairman NSITF, Ngozi Olejeme to bail
An FCT High Court sitting in Jabi on Friday admitted the former board chairman of Nigeria Social Insurance Trust Fund (NSITF), Ngozi Olejeme, to bail. The court in addition adjourned the matter until Nov.8 for hearing. The court adopted the administrative bail conditions already granted the defendant by the Economic and Financial Crimes Commission( EFCC). […]
#EndSARS Memorial: I have directed the release of persons arrested, says Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu, on Thursday said he has ordered the release of those arrested during the one year anniversary of the #EndSARS protests in the state. This followed the memorial procession held on Wednesday at the Lekki tollgate, in hounor of victims of police brutality and to commemorate the one year anniversary of […]
Evergrande shares rise on report of bond interest payment
Shares in embattled Chinese property giant Evergrande opened up 6% in Hong Kong after Chinese media reported it had made an interest payment before a crucial deadline. The company missed an $83.5m (£61m) payment last month, triggering a 30-day grace period set to expire on Saturday. The company wired the funds on Friday, a source […]
A Black girl was arrested at school in Hawaii over a drawing that upset a parent
The American Civil Liberties Union of Hawaii is demanding policy changes after a 10-year-old Black girl was arrested at school over a drawing linked to a “run of the mill” dispute among children. In response to the incident, the ACLU sent a letter Monday to the Honolulu Police Department, the state Department of Education and […]
Bomb explosion forces suspension of train services on Kaduna-Abuja route
The Nigeria Railway Corporation (NRC) has suspended train services on the Kaduna-Abuja route following the bombing of the rail tracks. Yet-to-be-identified persons had bombed a portion of the rail track on the Kaduna end during an attack on Wednesday night. Confirming the incident, the corporation said it was already making efforts to repair the damaged […]
Any politician caught encouraging illicit drug use won’t be spared, says Marwa
The Chairman and Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Buba Marwa, has warned politicians against sponsoring or encouraging the use of illicit drugs. Marwa stated this on Thursday during the weekly ministerial briefing at the State House in Abuja. He stressed that where there was evidence of the involvement of […]
TotalEnergies accused of downplaying climate risks
French oil company TotalEnergies knew at least 50 years ago about a link between burning fossil fuels and global warming, researchers have said. An article from 1971 in the company’s magazine, Total Information, mentioned partial melting of ice caps, researchers found. It also predicted the rise of carbon dioxide in the atmosphere. The company denied […]
Evergrande shares fall 14% as trading resumes in Hong Kong
Evergrande shares fell as much as 14% on Thursday in Hong Kong as they resumed trading after a 17-day halt. The hugely indebted Chinese property giant had stopped its shares from trading ahead of an announcement. Reports said real estate firm Hopson Development was set to buy a 51% stake in its property services unit. […]
Jailed Russian opposition leader Navalny wins top EU human rights prize
The European Parliament on Wednesday awarded the Sakharov Prize for human rights to jailed Russian opposition figure Alexei Navalny, who last year survived a poisoning attack he blames on the Kremlin. “The Sakharov Price is, of course, an award for you all. To all the people who are not indifferent, who even in the darkest […]