The chairman of the House of Representatives Ad hoc Committee looking into the sale of Polaris Bank, Mr. Henry Nwawuba, stated on Thursday that the sale of the bank was proceeding legally. The politician made this remark at a press conference held at the National Assembly in Abuja. He allayed investors’ concerns about the financial Read More…
Day: 20 October 2022
Lagos Assembly creates Human Rights Committee
The Lagos State House of Assembly is attempting to create the Lagos State Human Rights Committee in appreciation of the worth and rights of citizens and residents. This was announced by Mr. Victor Akande, the chairman of the House Committee on Judiciary, Human Rights, Public Petitions, and LASIEC, during a stakeholders’ meeting on Wednesday at Read More…
FG orders reversal of unilateral increase in mobile tariffs
The impacted Mobile Network Operators (MNOs) have been ordered by the Federal Government to reverse the arbitrary upward pricing hikes. The directive was issued by the Nigerian Communications Commission (NCC) in a letter dated October 12 in response to media reports of the recently approved 10% upward pricing increases being implemented unilaterally. The service providers’ Read More…
Sanwo-Olu tasks NIOB on mass housing delivery
The governor of Lagos State, Mr. Babajide Sanwo-Olu, urged professional builders on Wednesday to take advantage of numerous opportunities in the state to aid in the construction of affordable mass housing. This was said by Mr. Adebayo Odusanya, Permanent Secretary, Office of Works who represented Sanwo-Olu at the 31st Lagos Builders’ Conference, which was held Read More…
UK PM Liz Truss resigns
Six weeks after being appointed, British Prime Minister Liz Truss announced on Thursday that she was leaving. Her economic policy, which last month shocked the financial markets and split her Conservative Party, was the cause of her downfall. Speaking to reporters outside her office at Number 10 Downing Street, Truss acknowledged that after losing the Read More…