Day: November 8, 2021

N2.1Bn Pension Scam: Court Sentences Maina To Eight Years Imprisonment

Justice Okon Abang of the Federal High Court Abuja on Monday November 8, 2021 convicted former chairman of the Pension Reform Task Team (PRTT) Abdulrasheed Maina on charges of money laundering brought against by the Economic and Financial Crimes Commission, EFCC and sentenced him to eight years imprisonment. The Judge ruled that the prosecution successfully…

Lagos Unveils First Registered Ultra-Modern Alternative Medicine Clinic

The Lagos State Traditional Medicine Board has unveiled the first registered traditional medicine clinic, Milyash Alternative Medicine Specialist Clinic in Victoria Island, Lagos, as a way of expanding the frontiers of traditional medicine treatment and providing alternative medical care for residents and visitors. Speaking at the commissioning recently, the Chairman, Lagos State Traditional Medicine Board,…

Tony Elumelu Foundation to Announce 2021 Entrepreneurship Beneficiaries on November 12

  The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12, 2021. The ground-breaking hybrid event will unveil 4,800 African entrepreneurs chosen from all 54 African countries…

Stanbic IBTC PMI: Private Sector Activity Continues To Expand But Intense Cost Pressures Weigh On Growth

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate movements exerted upward pressures on…

Unity Bank Holds 7th Edition of Corpreneurship Challenge; Doles Out N10M Grant to Corp Members

Nigerian lender, Unity Bank Plc has handed out a total of N10 million in prize money as business grants to 30 NYSC members in the latest edition of its flagship Youth entrepreneurship and empowerment initiative, Corpreneurship Challenge held across ten states recently. The competition, already in its 7th edition, produced the 30 winners during the…