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David umahi

We’ll Continue To Pay Teachers 15th Of Every Month – Gov. Umahi

The popular saying that the teachers’ reward is in heaven to justify their suffering on earth is no longer the case in Ebonyi State as the state Governor, Dave Umahi has vowed that the state government would henceforth pay teachers’ salaries on the 15th of every month.“Over the years, various state and Federal Governments had […]

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Nigeria Wouldn’t Have Survived If Jonathan Had Won – Soyinka

Nobel Laureate, Prof. Wole Soyinka, says he does not regret supporting President Muhammadu Buhari during the electioneering, adding that Nigeria would not have survived four more years of former President Goodluck Jonathan’s rule ThePunchNg report. Soyinka added that the revelation of stolen loot such as the arms purchase fraud justified his position that Nigeria was […]

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Malpractices In Kogi, Bayelsa Elections Unfortunate – Buhari

President Muhammadu Buhari on Tuesday lamented that despite government’s efforts aimed at ensuring the conduct of credible elections, some malpractices were witnessed in the recent governorship elections in Kogi and Bayelsa states. He called on Nigerians to support all necessary measures aimed at ensuring free, fair and credible elections in the country, including the use […]

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EFCC Arraigns Dokpesi For laundering N2.1bn

The Economic and Financial Crimes Commission on Wednesday arraigned a former Chairman of DAAR Communications Plc, Chief Raymond Dokpesi, before a Federal High Court in Abuja on six counts of money laundering and procurement fraud related charges. According to ThePunchNg, Dokpesi who was arraigned along with his firm, Daar Investment and Holdings Ltd, pleaded not […]

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N220b MSMED Fund: States access N45b, says CBN

The Central Bank of Nigeria (CBN) yesterday said state governments have accessed N45 billion out of the N220 billion Micro, Small, Medium Enterprises Development Fund (MSMEDF) set aside for development thenation report. The apex bank added that 60 per cent, two per cent and 10 per cent of the MSMEDF had been set aside for […]

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Boko Haram Slaughter 350 Teachers, Destroys 512 Schools

According to the executive Chairman of Borno State Universal Basic Education Board (SUBEB), Shettima Bukarkullima, said yesterday that over 512 schools have been destroyed and 350 teachers killed by Boko Haram over the years, TheSun Report. He said when the figure is translated to classrooms; the terrorist group has destroyed over 1,000 classrooms with instructional […]

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CBN Vows To Continue Defending Naira With Policies

Amidst worries of Nigeria’s currency free fall against foreign currencies in the foreign exchange market, the Central Bank of Nigeria (CBN) assured Nigerians yesterday that it was floating policies that will promote the stability of the Naira. Head, External Communications, Corporate Communications Department of the apex bank, Mr. Isaac Okorafor gave the assurance in Ilorin, […]

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UBA GMD Seeks Investment Education For Youths

Group Managing Director of the United Bank for Africa, UBA, Mr. Philip Oduosa, has advised that Nigerian youths be equipped with investment education as the way to take the country out of the woods. Oduoza, who stated this during the award ceremony of the bank’s fifth edition of the ban‎k’s annual essay competition held at […]

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Lagos To Launch Online Platform On Laws Since Creation

The Lagos State Government said it has perfected plans to launch an online platform which people all over the world can access the laws enacted by the state since its creation in 1967 till date. Governor Akinwunmi Ambode, who made the announcement on Tuesday at the formal launch of Laws of Lagos State 2015, said […]

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ECOWAS Restates To Commitment To Single Currency

The Economic Community of West African States (ECOWAS), Commissioner for Industry and Private Sector Promotion, Mr Kalilou Traore, has said that the commission is committed to implementing a single currency in West Africa by 2020. Traore who revealed this in Lagos on Tuesday said that the commission was fast-tracking processes toward ensuring the implementation of […]

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NCC Explains Reduction Of MTN’s Fine To N1.04trn

The Nigerian Communications Commission, NCC, has defended the reduction of the N1.04 trillion fine it slammed on MTN Nigeria to N780 billion, saying it acted in the interest of the stability of the telecom sector. The commission said it weighed all pros and cons before arriving at the decision it considered favourable to all stakeholders. […]

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World Bank Urges Buhari To Act On Fuel Subsidy

The World Bank has advised President Muhammadu Buhari to act urgently if he is seriously considering the removal of fuel subsidy. The advice was given by the Lead Economist of the World Bank, John Litwack at the launch of the bank’s third Nigeria Economic Report (NER) in Abuja on Tuesday. Litwack said that although fuel […]

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