The Economic and Financial Crimes Commission (EFCC) has taken former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, into custody shortly after his release from Department of State Services (DSS) detention, according to reports. Emefiele is currently undergoing interrogation at the EFCC’s headquarters in Abuja. Sources suggest that the anti-graft agency is investigating Emefiele over Read More…
Day: 28 October 2023
Lagos authorities crack down on unauthorised vehicle parking on bridges
In line with the State Government’s directives to clear vehicles from bridges in the Lagos Island business district, a coordinated operation involving operatives from the Central Business District (CBD), LASTMA, the Army, and the Police was conducted today to dislodge vehicles parked on Ebute Ero, Idumota, and Carter Bridges, all situated within Lagos Island. Not Read More…
Sanwo-Olu takes bold actions for transportation and public health: Omotoso emphasises commitment to residents’ well-being
“Governor Babajide Sanwo-Olu has taken significant actions to improve the lives of the people of Lagos State,” Commissioner for Information and Strategy, Mr. Gbenga Omotoso, highlighted during his recent visit to Radio Lagos/Eko FM. One of the significant actions taken by Governor Sanwo-Olu in response to the removal of petrol subsidies was the immediate reduction Read More…
Lagos State Government inaugurates agro-processing centres to boost food security
The Lagos State Government has taken a significant step in enhancing food security by inaugurating two agro-processing centres in the Ikorodu area of the state. Ms. Abisola Olusanya, the Lagos State Commissioner for Agriculture, called for partnership and support from farmers, particularly poultry farmers, to reduce the importation of chickens and other food items. The Read More…
Sterling Bank commits ₦1 billion to agro-innovators at ASA 2023
Sterling Bank has announced its commitment to provide one billion naira in support of agro-innovators participating in the upcoming Agric Summit Africa (ASA) scheduled for November 8 in Lagos. Dr. Shola Obikanye, Group Head of Agric. and Solid Minerals at Sterling Bank Limited, conveyed this announcement. In a statement, Dr. Obikanye emphasised the crucial role Read More…
Justice Dattijo highlights regional representation disparity in Supreme Court bench
Justice Muhammad Dattijo, who recently marked his retirement at the Supreme Court upon reaching the statutory retirement age of 70, has voiced his concerns regarding the non-representation of the South-East and North-Central regions in the Supreme Court Bench. He believes that this disparity poses a significant threat to equitable justice delivery in Nigeria. During his Read More…
Naira edges towards 1,000 per dollar official rate: Reuters explains the factors
The Nigerian naira is on the verge of breaking the 1,000 naira per dollar barrier, approaching an official record low of 999 naira last week, as reported by Refinitiv data. The naira’s recent depreciation is primarily attributed to its performance in the unofficial market, where it is allowed to trade freely. Reuters has extensively covered Read More…
Maritime stakeholders discuss challenges and prospects for Nigeria’s adoption of the maritime single window system
Maritime stakeholders convened during the Nigerian Chamber of Shipping (NCS) virtual breakfast meeting in October 2023, discussing the pivotal factors required for Nigeria to embrace the Maritime Single Window (MSW) system, with an emphasis on political will, legal frameworks, and essential technological skills. This system is expected to enhance the efficiency and competitiveness of the Read More…
Clara Pulido: Daughter of Fidel, friend, sister, comrade
CARLOS Trejo Sosa was perhaps the friendliest Cuban Ambassador I ever knew. He was a wise, widely travelled man with deep knowledge of Cuban sayings and proverbs which he said mainly emanated from Africa. When in 2016, he received the Ooni of Ife, Oba Enitan Ogunwusi, he told him: “We are the same family. I Read More…
Nigeria and 119 UN member states support ‘Humanitarian Truce’ resolution on Israel-Gaza conflict
A non-binding resolution calling for an “immediate durable and sustained humanitarian truce” between Israeli forces and Hamas militants in Gaza garnered support from Nigeria and 119 other UN Member States on Friday. The resolution also demands the “continuous, sufficient, and unhindered” provision of lifesaving supplies and services to civilians trapped in the enclave. This comes Read More…