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Tayo Olanipekun Lagos State Governor, Akinwunmi Ambode, on Tuesday released 12 inmates of the Kirikiri Maximum Security Prison, in line with the law establishing the State Advisory Council on Prerogative of Mercy. The released inmates spent between 20 and 34 years in prison and were released having satisfied “basic conditions such as remorse, good behaviour and readiness to contribute meaningfully …

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For the tenth consecutive month, inflation rate continued a downward trajectory, recording a marginal decline from 15.91 per cent in October to 15.90 per cent in November. The National Bureau of Statistics (NBS) stated that the Consumer Price Index (CPI), which measures inflation increased by 15.90 per cent (year-on-year) in November, 0.01 percentage points lower than the rate recorded in …

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The Chief Executive Officer of the Nigerian Stock Exchange Oscar Onyema on Tuesday December 19, 2017, was inducted as an associate member of the Chartered Institute of Stockbrokers (CIS). The induction ceremony attracted key stakeholders in the capital market, in which they praised the NSE CEO attributes. Onyema has been CEO and member of the National Council of The Exchange …

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The federal government has released a state-by-state breakdown of another tranche of Paris Club refund. The money was released alongside the allocations from the Federal Accounts Allocation Committee (FAAC). Idris Ahmed, accountant general of the federation, who announced this in a statement, said it was done so that Nigerians could have a better Christmas. A statement from the ministry of …

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The Federal Government has agreed to look into claims of surrounding states losing revenues to the Federal Capital Territory (FCT), Abuja. Minister of Finance, Mrs Kemi Adeosun made the offer on Monday when she received the Niger State Governor, Alhaji Mohammed Bello in her office in Abuja. Adeosun lamented that losing N1 billion monthly to the FCT was a significant …

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The Management of Med-View Airline has announced to the investing public and other stakeholders that the Airline will commence its schedule flight operations to Jeddah during this Umrah season on December 24, 2017. Med-View Airline is a designated carrier for the Nigerian Government on Jeddah route. This recognition has made the Kingdom of Saudi Arabia (KSA) to grant schedule flights …

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Dr Fatima Hassan, Pedeatric Consultant at Aminu Kano Teaching Hospital (AKTH), has called on the Federal Government to ban cough syrups in the country.  She made the call at the Senate Roundtable on Drug Abuse Epidemic in Kano on Monday. She said Nigeria needed a relentless campaign on drug abuse and called for Surveillance on illicit drugs supply and distribution in …

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…Orders CP To Dislodge Illegal Miners ….Okpella Community Hails Decision Advertisement Citing security concerns arising from the proclamation by the Federal Ministry of mines that illegal mining activities are being carried out at the contentious Obu mines in Okpella, Edo state, the Governor, Godwin Obaseki yesterday shut down the mines until further notice. The governor said the decision was taken …

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…as Oba Babatunde Akanbi Ogunrobi lauds initiative An ex-staff of defunct Power Holding Company of Nigeria (PHCN), Bello Sarafa has emerged a new millionaire in the on-going Skye Bank ‘Reach for the Skye Millionaire Reward’ draw which took place at the popular Iyana Ipaja bus stop over the weekend. The open air draw was graced by different dignitaries and financial …

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The Department of Petroleum Resources said it has sealed 16 filling stations for selling petrol above N145 per litre pump price. The Operations Controller of DPR in Akwa Ibom, Mr. Tamunoiminabo Sundaye, disclosed this in an interview with the News Agency of Nigeria in Eket on Monday. Sundaye, however, said some of the affected stations had paid the penalty and had signed …

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