Concerns over new, highly contagious COVID-19 sub-variant

• XBB.1.16, sub-variant behind COVID-19 surge in India, has been reported in 22 countries, 18 U.S. states • Lab studies show XBB.1.16 may be more contagious than previous variants The World Health Organisation (WHO) is keeping tabs on the new omicron sub-variant XBB.1.16, dubbed “Arcturus” by those tracking the virus. XBB.1.16 is currently fueling a […]

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Weak economy, trust deficit threaten insurance performance

Only two underwriters have records of dividend payment Weak economic performance, low confidence, and poor patronage have continued to threaten the operations and survival of insurance companies, leading to depreciation and sometimes stagnation of their share prices on the Nigerian Exchange Limited (NGX), which are currently below book value. Book value is the net asset […]

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Crack widens in APC over alleged misuse of N30b, zoning concerns

• Vice chair gives Adamu seven-day ultimatum to summon NEC meeting, threatens to drag chairman to court • No crack in APC or plans to remove Adamu – Kekemeke Just as it happened some months ago with the major opposition Peoples Democratic Party (PDP), cracks in the leadership of the ruling All Progressives Congress (APC), […]

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20 years after, family relives memories of Adeife, Akinola Akindeko

Adeife and Akinola Twenty years after, two young and promising children were snatched away by the cold hands of death, the family said they might have died, but not forgotten. On April 20, 2003, Adeife, 14, and Akinola Sodipo-Akindeko, 10, were killed during an attack on the convoy of Senator Iyabo Obasanjo-Bello. During their short […]

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40 days to go, FG approves over N100b contracts

Photo/Twitter/APCnigeria • $3.1b e-Customs project gets new concessionaire amid court injunction • Customs gets N3.4b approval for new aircraft • Council okays N15b for e-NSITF infrastructure upgrade • NASS orders Sirika to stop demolition of aviation agencies’ offices in Lagos With less than 40 days to go, the Federal Executive Council (FEC) meeting presided over […]

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Again, Malami, Ahmed, shun $2.4bn oil probe

The House of Representatives has threatened to serve the Minister of Finance, Budget and National Planning, Zainab Ahmed; and Minister of Justice and Attorney-General of the Federation, Abubakar Malami (SAN), with summons over their failure to answer queries on the alleged illegal sale of crude oil to China and utilisation of funds recovered through whistle-blowers […]

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Elections: NGO drags Malami, Kalu to court

A human rights organization, the Incorporated Trustees of Initiative Against Human Right Abuse and Torture, has dragged the Attorney General of the Federation and Minister for Justice, Abubakar Malami, to court over an alleged electoral crime. Others also accused of breaching the electoral laws are the Chief Whip of the Senate, Orji Uzo Kalu, and […]

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Nine years of Chibok abduction and 96 captive girls

Chibok Girls Photo: AFP By James Christoff, Matias Schmale and Cristian Munduate The abduction of 276 female students from the Government Girls Secondary School in Chibok, Borno State, in 2014 brought the plight of children in Northeast Nigeria to the forefront of international attention. The Chibok girls became a symbol of the conflict’s devastating impact […]

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New wave of kidnappings amid botched naira redesign policy

Kidnap victims By Odita Sunday, Abuja Nigerians have again been thrown into fear following the resurgence of kidnapping in parts of the country following the lifting of the ban on old naira notes. During the financial squeeze, cases of banditry and kidnapping went down. But that has since changed since the Central Bank of Nigeria […]

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