Month: May 2021

Buhari Appoints Farouk Yahaya as New Chief of Army Staff

President Mohammadu Buhari has appointed Major General Farouk Yahaya as the new Chief of Army Staff (COAS). Major General Yahaya replaces  Ibrahim Attahiru, a lieutenant general, who died last week in an air crash alongside 10 other military officers . Prior to his appointment Major General Yahaya was the General Officer Commanding 1 Division of…

Boosting Global Trade with Stanbic IBTC

Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with international solid trade portfolios tend to grow faster, innovate more and provide higher incomes and economic opportunities for their citizens. Beyond integration into the global economy through trade and global value chains that help drive economic growth, open trade also benefits low-income…

Eight Contestants Prepares for Week Four of Nigerian Idol

The Bigi drinks sponsored Nigerian Idol took a dramatic twist on Sunday as Akunna’s electrifying performance thrilled the audience with much applause from the judges, with the song “Loving Your Way” by Seyi  Shay, one of the judges. Akunna, who performed beautifully, received words of commendation from the judges. Her rendition which formed one of…

Lagos Seals Off Chinese Firm Over Teenage Worker’s Death

The Lagos State Government has sealed the Mingy Trading Company Limited, located at No 11, Ila Orangun Street, Ijegun-Egba, Satellite Town, for violating the State’s safety rules. According to the Director-General, Lagos State Safety Commission, Mr. Lanre Mojola, the action was as a result of the death of a teenage factory worker who was reportedly…

Shareholders Hail Dangote over Cement’s N272.6bn Dividend

Shareholders of Dangote Cement Plc on Wednesday commended the Management of the company for an impressive performance despite the economic challenges in the year under review. Unanimously, the shareholders approved N272.6 billion as dividend, translating to N16 per share for the year ended December 31, 2020. The 16 per cent increase in the company’s revenue…

Heritage Bank Partners Silverbird to Empower Young Creative Nigerians

Heritage Bank Plc, Nigeria most innovative banking service provider has joined forces with Silverbird Group to empower and deepen its supports to young entrepreneurs in the Nigeria creative and entertainment industry. This, the bank said, is in line with its culture as timeless wealth partners, which would impact positively on the nation’s socio-economic development, as…

EFCC Arrests Niger Politician for Employment Scam

The Economic and Financial Crimes Commission, EFCC has arrested one Mohammed Umar, a Bida, Niger State based politician and businessman, for alleged employment scam. A statement by the commission’s spokesperson, Wilson Uwujaren, said operatives from the Cybercrime section at the EFCC headquarters, Abuja arrested Umar on May 18, 2021 following a petition from a victim…

Again, Hoodlums Attack INEC Offices in Three States

Hoodlums again launched a series of coordinated attacks on the Independent National Electoral Commission’s (INEC) facilities in Anambra, Enugu and Imo States on Sunday, prompting the Commission to declare the recurrent invasions as a national emergency. All three incidents have been reported to the Police for investigation. Although no lives were lost, the Commission said…

Dangote Assures Tanzania Govt. of Increased Investment

President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world, that Tanzania is now a place to invest. Dangote currently has invested about $770million in Tanzania. He lauded the new President investors’…