Month: May 2022

Buhari Begs ASUU to Consider Students, Call Off Strike

President Muhammadu Buhari has called on the Academic Staff Union of Universities (ASUU) to consider the plight of students and call off the ongoing strike. He made the appeal on Thursday at the 19th National Productivity Day and the conferment of the National Productivity Order of Merit Award (NPOM) on 48 eminent Nigerians and organisations…

The burgeoning betting industry will inevitably experience an intense revolution when Gobet247 makes its grand entry into the Nigerian market on May 14, 2022, the new betting firm has said. Gobet247, a Nigerian company, said it is committed to rewarding the passion of Nigerians by creating a world-class and hassle-free experience for the betting populace.…

Party Primaries: Senate Adjourns Sitting Till June 7

The Senate has adjourned sitting till June 7, 2022, to enable lawmakers participate fully in the Presidential, National Assembly, Governorship, and State Houses of Assembly primaries. The motion for adjournment was moved by the Senate Leader, Yahaya Abdullahi (Kebbi North) and seconded by the Deputy Minority Leader, Shuaibu Lau (Taraba North). The Independent National Electoral…

Stanbic IBTC Infrastructure Fund Series II Offer Is Now Open

Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled to close on Friday, 10 June 2022. The Fund is…

NYIF Loan: FG Urges Shortlisted Applicants to Respond Promptly

The Federal Ministry of Youth and Sports Development is currently delivering a fresh round of disbursements of the Nigeria Youth Investment Fund (NYIF) to youth beneficiaries whose application have been successful. The Ministry in a statement signed by its Director, Press & Public Relations, Mohammed Manga, appealed to beneficiaries of the loan to respond promptly.…

Increase In Hajj Fares: Lagos To Refund Intending Pilgrims

The Lagos State Muslim Pilgrims Welfare Board (LSMPWB) has declared its intention to refund Hajj fares paid by intending pilgrims since 2019 in view of the recent increase in fees by the National Hajj Commission of Nigeria (NAHCON). A statement signed by the Board Secretary, Imam AbdulHakeem Kosoko and the Commissioner for Home Affairs, Prince…

2023: Sanwo-Olu Submits Re-Election Forms, Confident Of Victory

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, submitted the Expression of Interest and Nomination Forms for his re-election on the platform of the All Progressives Congress (APC). Governor Sanwo-Olu, who submitted the forms to party officials at the International Conference Centre, Abuja, was accompanied by a large crowd, which included members of the Lagos…

How House of Reps. Resolved Airlines’ Strike Dispute

The leadership of the House of Representatives has resolved the issues that led the Airlines Operators Association of Nigeria (AOAN) to threaten to shut down flight operations across the country. At a meeting that lasted over three hours at the National Assembly on Monday, the House leadership, led by Speaker Femi Gbajabiamila secured the commitment…

Q1 2022: Transcorp Hotels Reports Revenue of N7bn and Gross Profit of N5.1bn

Transcorp Hotels Plc, Nigeria’s top hospitality company and a subsidiary of Transnational Corporation Plc. (Transcorp Group) has ended Q1 2022 with an impressive result, reporting a 77.4% growth in revenue to N7.04 billion from N3.97 billion in the same period in 2021. The hospitality company which owns the iconic Transcorp Hilton Abuja, Transcorp Hotels Calabar…

Senate Amends Electoral Act to Allow Statutory Delegates Vote at Party Primaries

The Senate, on Tuesday, amended the Electoral Act, 2022, to allow ‘statutory delegates’ – all those elected – to participate and vote in the conventions, congresses or meetings of political parties. This followed the expeditious consideration of a bill during plenary which scaled first, second and third readings, respectively, and was passed during plenary by…