Exasperation with Credit Suisse following a string of scandals is prompting Switzerland to rethink a system in which top bankers have been largely untouchable. Credit Suisse’s heavy losses from the collapse of family office Archegos and the decimation of billions of client investments backed by insolvent British financier Greensill have angered regulators and triggered a Read More…
Day: 28 May 2021
Commission engages supermarket operators on fake, substandard products
The Federal Competition and Consumer Protection Commission (FCCPC) has engaged supermarket operators in the six geo-political zones with a view to ensuring effective consumer protection. The Commission also decried the influx of fake and substandard consumables products at supermarkets especially in the wake of the COVID-19 pandemic. The Executive Vice Chairman of the Commission, Mr Read More…
Buhari appoints Farouk Yahaya new army chief
Nigeria’s president, Muhammadu Buhari, has appointed a new army chief, the ministry of defence said in a statement on Thursday, following the death of the military head’s predecessor in a plane crash last week. President Buhari appointed Major General Farouk Yahaya who previously commanded troops operating in the northeast where security forces are fighting an Read More…
Lagos Govt. seeks safe, secure society for youth, residents
The Lagos State Government says the totality of its efforts in all areas of the state’s economy was geared toward ensuring a safe and secure society. Lagos State Governor, Mr Babajide Sanwo-Olu, said this on Thursday in Ikeja, while presenting his administration’s achievements in the past two years. The occasion was tagged: ”Sanwo-Olu: 731 Days Read More…
Lagos wins National Scientists Award
In picture above: Master Abah (middle) displays his Certificate. CREDITS: LASG Emerges 1st in Biology, 10th Overall Master Okocha Emmanuel Abah, a student of Sasa Community Senior High School, Alimosho Local Government Area of Lagos, has won the 1st position in Biology and 10th overall at the National Final Science Competitive Examination in this year’s Read More…
Sanwo-Olu commissions new bus terminal at Mafoluku to improve intra-city transport
Station to Serve Airport Passengers, Commuters in Surrounding Cities Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday, declared open the Mafoluku Bus Terminal fully built by the Lagos Metropolitan Area Transport Authority (LAMATA) in collaboration with the Federal Airports Authority of Nigeria (FAAN). The terminal is a gateway station that will serve Mafoluku, Oshodi, and Read More…