Iconic architect, Fola Alade dies

Ekiti State Governor Kayode Fayemi and Lagos-based industrialist M’oba Olusegun Aderemi, led the line on Saturday in paying tributes to architectural icon, Chief Fola Alade, who passed away on Friday. Alade, one of Nigeria’s most renowned Architects, hailed from Aramoko-Ekiti in Ekiti West Local Government area of Ekiti State. A statement issued by his family […]

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June 12: Protesters test Buhari’s democratic credentials

A protester holds his national flag during a demonstration at Ojota in Lagos on June 12, 2021, as Nigerian activists called for nationwide protests over what they criticise as bad governance and insecurity, as well as the recent ban of US social media platform Twitter by the government of President Muhammadu Buhari. – Hundreds of […]

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IMF asks CBN to harmonise forex rates for market clearance

Photo/Twitter/Cenbank Calls for market-based fuel pricing The International Monetary Fund (IMF) has called for the adoption of the Nigerian Autonomous Foreign Exchange (NAFEX) window for official transactions as well as the unification of all rates to achieve a market-clearing rate. It stated this in a statement issued after a virtual meeting with Nigerian authorities from […]

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The case against female genital mutilation

Warning by the Federal Government that practitioners of Female Genital Mutilation (FGM) would henceforth face trial and may be imprisoned for four years and/or fined N500,000.00 cannot be more timely and appropriate, considering the very harmful effects of the practice on hapless girls and women. Genital mutilation is considered to be one of the most […]

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Nigerian businesses shun IPOs, raise N3.09tr via commercial papers

‘CPs dominance may worsen drought of new issues in the stock market’ Operators blame the weak macroeconomy, others Urge govt to tackle insecurity, provide tax incentives, reduce issuance cost Rising issuance of Commercial Papers (CPs) in Debt Capital Market (DCM) over regular equities financing has become a source of worry to capital market operators, as […]

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APC extends Buni panel’s tenure as governors laud performance

Governors Dave Umahi (Ebonyi) (left); Muhammad Inuwa Yahaya (Gombe); Abubakar Atiku Bagudu (Kebbi); Rotimi Akeredolu (Ondo); Kayode Fayemi (Ekiti). Second row L-R: Babajide Sanwo-Olu (Lagos); Yahaya Bello (Kogi); Adegboyega Oyetola (Osun); Abdullahi Ganduje (Kano); Dapo Abiodun (Ogun) and Mai Mala Buni (Yobe) during a briefing of the Progressives Governors’ Forum after a meeting in Abuja…yesterday. […]

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Nigeria ranks 146th on global peace index, 8th least peaceful in Africa

COVID-19 causes a global rise in civil unrest Violence cost $14.96tr to the global economy Could take poorest countries a decade to recover from COVID-19 impact The 2021 Global Peace Index (GPI) has ranked Nigeria 146 among 163 independent nations and territories, according to its level of peacefulness. Nigeria moved one step from 147 in […]

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EFCC has recovered $100m from INTELS, says Bawa

‘Minister who bought $37.5m property not in govt’ Reps minority caucus flays death threats against anti-graft agency’s boss Buhari’s fight against corruption a circus show, PDP alleges The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has disclosed that the anti-corruption agency recovered $100 million from Integrated Logistics Services (INTELS) on behalf […]

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FG shortlists 21 states for pilot grazing reserves

To kick-start the National Livestock Transformation Plan (NLTP), the Federal Government has sanctioned the establishment of grazing reserves in the 19 northern states and two others in the South West ­– Oyo and Ogun. While Ogun is yet to be gazetted for the scheme tailored at having at least a ranch in every state, the […]

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