Business Notes SMEs

CAMA 2020 expected to reduce regulatory burden on MSMEs – CAC Registrar

Alhaji Garba Abubakar, the Registrar-General, Corporate Affairs Commission (CAC), says the Companies and Allied Matters Act, 2020 (CAMA 2020) will reduce the burden of starting and running small businesses in Nigeria. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. He said that the provisions of Read More…

Nigeria Society Top Story

Nigeria’s police disbands controversial anti-robbery Squad after protests

Concerned citizen raises doubts on IG’s announcement Nigerian Inspector-General of Police (IG) dissolved its Special Anti-Robbery Squad with immediate effect on Sunday, prompted by days of protests across the country against alleged brutality by the controversial unit. The protests broke out after a video circulated last week allegedly showing members of the unit – known Read More…

Basketball Sports Top Story World

Lakers return to glory, claim record-tying 17th NBA title

The Los Angeles Lakers captured a record-tying 17th NBA Championship on Sunday with a 106-93 victory over the Miami Heat that sealed the best-of-seven title series 4-2, restoring the storied franchise to the top of the basketball world. The Lakers’ victory tied them with the Boston Celtics for most NBA championships and capped an unprecedented Read More…

Metro Notes

Collapsed building claims 7 lives in Lagos

The Director General, Lagos State Emergency Management Agency (LASEMA), Dr Olufemi Oke-Osanyintolu, has confirmed that seven people died in a collapsed building in Lagos on Sunday. Oke-Osanyintolu made the confirmation as the LASEMA Response Team tried to clear the debris of the building. He said that the uncompleted building, at 60 Odo Street, Obalende, Eti-Osa Read More…

Metro Notes

Nigerian cleric bags Queen Elizabeth II BEM award for humanitarian services

A Nigerian Cleric, Prophetess Teleola Oganla, has bagged the British Empire Medal (BEM) from Queen Elizabeth II for her humanitarian and community services to the less-privileged. A statement by Oganla’s Media Aide, Ms Deola Joe, said the cleric was recognised for her years of dedication towards uplifting the less-privileged, especially in the UK and Africa. Read More…

Business Economy Notes

LCCI calls for urgent reform of Nigeria Customs Service

The Lagos Chamber of Commerce and Industry (LCCI) has called for urgent reform of the Nigeria Customs Service (NCS) to complement government and private sector’s efforts at economic recovery. Dr Muda Yusuf, the Director-General of LCCI made the call in a statement to newsmen on Sunday in Lagos. Yusuf said the NCS procedures and processes Read More…

Banking Business Notes

CBN directs banks to comply with SWIFT universal payment confirmations

The Central Bank of Nigeria (CBN), has directed all banks operating in the country to always observe strict compliance with SWIFT Universal Confirmation Requirements. The directive was outlined in a circular issued by Mr Sam Okojere, CBN’s Director, Banking Services Department. Okojere directed all SWIFT customers to provide information on the outcome of all their Read More…

Racing Sports Top Story

Hamilton takes 91st win to equal Schumacher’s F1 record

Lewis Hamilton equalled Michael Schumacher’s all-time record 91 Formula One wins on Sunday with an Eifel Grand Prix victory that catapulted the Mercedes driver closer to a seventh world championship. While the Briton triumphed at the Nuerburgring, the German circuit where Ferrari great Schumacher won five times, team mate Valtteri Bottas suffered a huge hit Read More…

Sports Tennis Top Story

Nadal wins 13th French Open title for record-equalling 20th Grand Slam

Phenomenal Nadal played perfect match, Djokovic says The more things change the more they stay the same for French Open king Nadal Spain’s Rafael Nadal demolished world number one Novak Djokovic of Serbia 6-0 6-2 7-5 in the French Open final to claim a record-equalling 20th Grand Slam title on Sunday. With his record-improving 13th Read More…

Metro Society Top Story

Hamzat Conveys Lagos State’s Position On Police Brutality #endSARS

Lagos Assembly seeks FSARS proscription  The Government of Lagos State has advised youths protesting alleged brutality by operatives of Special Anti-Robbery Squad (SARS) – an operational outfit in the Police Force – to be civil, as they demonstrated in the State to express their grievances. Deputy Governor, Dr. Obafemi Hamzat, on Friday, shelved official engagements Read More…