News

The Lagos State Government on Tuesday said it had sealed off over 100 table water factories across the state over production and distribution of substandard drinkable water in the state. The government added that no fewer than 200 houses in the state had been sanctioned for discharging their sewage and wastewater into public drains. Speaking at the 2017 World Water …

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The Internet Society has announced that it will hold the first ever Africa Regional Internet and Development Dialogue from 8-9 May 2017 in Kigali, Rwanda, in partnership with UNESCO and Republic of Rwanda Ministry of Youth and ICT. The two-day meeting will bring together experts including government and inter-governmental organization officials, business and educational leaders from throughout the continent to discuss …

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Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has threatened to shut down activities of Ministries, Departments, and Agencies (MDAs) at the Federal level “unless the Government takes urgent steps to pay promotion arrears, outstanding salaries and other allowances owed Federal Public Servants in the next few weeks”. Giving this indication in Lagos on …

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Heritage Bank Plc, one of Nigeria’s most innovative banking services provider, has taken another giant step towards being the timeless wealth partners with its stakeholders, as it sponsored a one-day JAMB Seminar for the Ifako-Ijaiye students. This is part of the bank’s initiative to develop the advancement of education in Nigeria; as the bank in partnership with a House of …

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The Asset Management Corporation of Nigeria has announced the sale of Keystone Bank Plc (formerly Bank PHB). The bank was sold to Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf-Riverbank consortium) for a sum of N25 billion. AMCON did not officially disclose the purchase consideration. Here is what we know so far; The consortium that acquired …

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Ecobank Nigeria Limited has been awarded the International Organization for Standardization, ISO 22301 certificate for ‘Business Continuity Management Systems. This certification is achieved way ahead of the Central Bank of Nigeria’s deadline date of June 2018 for all financial institutions to get certified. The award was presented to the bank by the British Standard Institute, BSI, after about four months …

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Folake Sokoya The Ogun state police command has arrested one Kingsley Chigbo for defiling his wife’s 13years old younger sister. The incident was reported to the police at sango Ota divisional headquarters by one Peju  osoba who is the coordinator Of an Abeokuta based child protection Network. She reported that one of her staffs in Ota who went for an …

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President Muhammadu Buhari has condemned the attack on traders at a market in Zaki Biam, Benue state, by unknown gunmen, lamenting that it appears Nigerians have lost value for human life. Many people were feared killed in the attack which took place on Monday. The president also commiserated with the people of the state and directed security agencies to immediately …

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The Central Bank of Nigeria (CBN) monetary policy committee (MPC) on Tuesday, sustained all monetary policies parameters, in a bid to keep up the battle against inflation. MPC said inflation was down, year-on-year, but the food index rose in February from figures recorded in January, mounting pressure on consumers. Godwin Emefiele, governor of the bank, announced that the committee decided …

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The Senate has referred its president, Bukola Saraki, and controversial Senator, Dino Melaye, to the committee on ethics and privileges over allegations of importing a car with fake Customs documents and certificate forgery respectively. The resolution, on Tuesday, followed a motion by the former Senate Leader, Ali Ndume, who said the two cases – alleged seizure of car belonging to Mr. …

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