Lagos building collapse: 25 rescued, 16 hospitalised

Rubble of the collapsed seven-story building in Banana Island Lagos State, yesterday. Photo: Eniola Daniel • Collapse, an indictment on professionalism – NIOB past president • Lagos extends audit to estates, orders probe It was another buck passing, yesterday, by Lagos authorities, as rescuers continue the search for the missing person(s) in the collapsed seven-story […]

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Central Bank takes custody of dormant account funds from banks

•Funds to be invested in government securities •Reclaim request may take 22 working days The Central Bank of Nigeria (CBN) has issued a new regulatory framework that will see it taking over billions of naira sitting in dormant accounts, warehousing it, and investing the proceeds in treasury bills and other government securities. The guideline dated […]

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Drama continues as Obi denies British govt apology over detention

FG: We didn’t intervene to bail Obi out of detention The drama surrounding the harassment and detention of Labour Party’s (LP) flag-bearer in the February 25 presidential poll, Peter Obi, continued, yesterday, as the party said it was not aware of any apology purportedly issued by the British Government or any of its agencies regarding […]

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Beaches for the rich: From solving chronic erosion to privatising beaches

A private beach in Lekki, Lagos Beaches and waterfronts in Lagos are beginning to wear a new look and getting the attention that is typical of modern natural destinations, often relished by tourists. Access is however becoming an exclusive right for a privileged few compared to what is obtainable in many coastal cities. Cut-throat gate […]

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Kalu, Akpabio lead as South jostles for Senate presidency

With barely 60 days to the expiration of the present ninth National Assembly, the jostle for who takes over leadership of the 10th legislature is getting intense. Ahead of the announcement of the All Progressives Congress’s (APC) zoning arrangement for the election of National Assembly’s presiding officers, it emerged, yesterday, that the pre-presidential primary election […]

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Illegal fees: OYOSUBEB pardons erring head teachers

Adeniran, middle, and other board members Oyo State Universal Basic Education Board has pardoned some categories of workers who were found culpable of collecting illegal fees from pupils. Disclosing this on Wednesday, the board’s Executive Chairman, Dr. Nureni Aderemi Adeniran, said the pardon was “to show compassion to fellow human beings, especially at a time […]

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From phone leak to treason charge, Obi stirs fresh controversy with London arrest

LP: London immigration officers harass, detain Obi at Heathrow Ohanaeze: Plots against Obi will fail APC asks tribunal to dismiss PDP, Atiku’s petition Sowore: Something fishy going on Turkey’s president congratulates Tinubu We didn’t supply BVAS to INEC, APC replies Atiku Keyamo: Judges cannot be intimidated by ‘fascist youth movement’ Reactions have continued to trail […]

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Subsidy palliative: Nigerians to share $747m, logistics gulp $53m

• FG to set up new implementation structures, offices • Funding partner sets guidelines for personnel recruitment, project execution • Implementation process handed down by lender • ‘Engage labour, others before subsidy removal’ The Federal Ministry of Finance, Budget, and National Planning is expected to spend $53 million on hiring staffers, office administration, committee overheads, […]

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