Shareholders kick over unclaimed dividends Govt has no business with fund, economists, securities expert warn Reps worry over rising unclaimed dividends Shareholders, economists and securities expert have reacted angrily to Federal Government’s plan to plough N200 billion unclaimed dividends into its coffers, just as the House of Representatives express the concern that many shareholders have […]
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Agitators push for N120 per litre of fuel Threaten to shut down oil production in 11 days NNPC takes over pricing, confusion in PPPRA The Nigeria labour movement appears to have finally lost the battle to stop tariff hikes in the two critical sectors of downstream petroleum and electricity. Niger-Delta Youth Council (NDYC), yesterday, threatened […]
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Nigeria’s Chief of Army Staff, COAS, Lt. Gen. Tukur Buratai, has maintained that the Nigerian Army was professional in its conduct. He made the remark in response to a report by CNN on the shooting of End SARS protesters at Lekki toll gate in Lagos State. Soldiers deployed to Lekki toll gate were accused of […]
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An appeal from President Muhammadu Buhari has gone to the striking university teachers under the umbrella of the Academic Union of Universities (ASUU) to return to classrooms. Besides, he warned that anybody found violating the processes of selecting vice chancellors for federal universities will be sanctioned. He spoke on Tuesday during the 72nd Foundation Day […]
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ECOWAS Community Court of Justice has awarded N20 million in damages to Abu Dennis Uluebeka, believed to be the oldest death row inmate in Nigeria and another ex-inmate, Mary Bahago over rights violation. The three member panel of the court held that the applicants were subjected to torture while in custody, which it said violated […]
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The federal government has attributed recent ‘strange deaths’ in some states of the federation, including Delta and Enugu, to an outbreak of yellow fever. Minister of Health, Dr. Osagie Ehanire, gave the clarification on Wednesday while addressing State House Correspondents after the week’s virtual Federal Executive Council (FEC) meeting, which was presided over by President […]
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The Supreme Court on Wednesday dismissed six appeals filed against the election of Douye Diri of the Peoples’ Democratic Party (PDP) as Governor of Bayelsa State. A seven-man panel of the court led by Justice Sylvester Ngwuta, in its first decision, dismissed the appeal by the Advanced Nigeria Democratic Party (ANDP) following its withdrawal by […]
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Lagos police chief, Hakeem Odumosu, looks at protesters campaigning against abuses by the Special Anti-Robbery Squad (SARS) at the Lekki toll Plaza in Lagos, on October 12, 2020. – Nigerians protested to pressure the government to follow through on disbanding a feared police unit after authorities made the rare concession in the face of widespread […]
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The Olowu of Kuta in Ayedire Local Government of Osun State, Oba Adekunle Makama Oyelude, Tegbosun the Third, has faulted the CNN report on the #EndSARS protests as an attempt to stir up another round of unrest in the country. He said in a statement issued by his media office in Osogbo, Osun State capital, […]
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The biotech company Pfizer said Wednesday that a completed study of its experimental Covid-19 vaccine showed it is 95 percent effective. It said the vaccine had no serious side effects and that the company will apply for emergency use authorisation from US regulators “within days.” The announcement came as coronavirus cases surge in the US […]
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