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2023

Новости за 23.05.2023

Ndoma-Egba laments interference in NDDC

The Punch 

A former Chairman of the Governing Board of the Niger Delta Development Commission, Victor Ndoma-Egba, SAN, has lamented the “lack of growth” since the creation of the commission in 2000. Ndoma-Egba said the lack of growth in the commission had deprived it of having “an established tradition”, adding that no board of the NDDC that

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Court adjourns hearing in Oando suit to October

The Punch 

The Federal High Court, Lagos, has adjourned again hearing on the date to file the Scheme of Arrangement document of energy company, Oando Plc. In a corporate notice to the Nigerian Exchange Limited on Monday, Oando said that Justice Chukwujekwu Aneke sitting at the Federal High Court, Ikoyi, Lagos Division had further adjourned the matter

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JPMorgan Chase raises revenue target to $84bn

The Punch 

JPMorgan Chase has raised a key performance target on the heels of its government-brokered takeover of First Republic earlier this month. According to CNBC, the bank will generate about $84 billion in net interest income this year, New York-based JPMorgan said Monday in slides for an all-day investor presentation. That’s $3bn higher than the guidance

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FG distributes relief materials to Imo, Edo flood victims

The Punch 

The Federal Government, on Monday, began  distribution of relief materials to flood victims in the Niger Delta region of Imo State as well as those affected in Edo State. At the flag-off ceremony in Owerri, the Minister of State for Education, Goodluck Opiah, said that the presidential initiative was meant to mitigate the losses the

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ITU plans $100bn fund to improve telecoms in developing countries

The Punch 

The International Telecommunications Union, United Nation’s telco agency, has launched a new fundraising targeted value from $30 billion to $100 billion to connect, accelerate global digitalisation, and boost meaningful connectivity in the world’s least developed countries by 2026. The fundraising, which is aimed at connecting the unconnected in countries facing daunting challenges (i.e. countries having

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Politician pays varsity fees for 200 students

The Punch 

The governorship candidate of the Action Alliance, Olayinka Braimo, has offset the school fees of 200 university students in the state. Receiving the cheques in Lokoja for the school fees on behalf of others, student representative, Saliu Abdulsalam,  described the school fees payment as timely, said some indigent students had already lost hope of joining

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Group urges journalists to fight corruption

The Punch 

The Centre for Media, Policy and Accountability has called on journalists who report on corruption cases and anti-corruption agencies in Nigeria to back the implementation of Nigeria’s Anti-Corruption Performance Public Reporting project. The group made the admonition on Monday during a media parley with journalists on the anti-corruption beat in Abuja. CMPA is implementing the

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Ganduje directs political appointees to handover Friday

The Punch 

The Kano State Governor, Dr Abdullahi Ganduje, has directed all political appointees to hand over the affairs of their various organisations on or before Friday, May 26, 2023. The affected appointees include Commissioners, Special Advisers, Chief Executive Officers of Government-owned companies, Senior Special Assistants, Special Assistants, Personal Assistants, Board Members, except (Kano State Civil Servants

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Spain opens probe into racist abuse of Vinicius

The Punch 

Spanish prosecutors opened a probe on Monday into racist chants during a match aimed at Real Madrid’s star forward Vinicius Junior as the club hit out at the country’s football federation for failing to “prevent the situation”. The 22-year-old Brazil international was targeted by a home supporter during a 1-0 defeat at Valencia on Sunday

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Benue police arrest five murder suspects

The Punch 

The Benue State Police Command has apprehended five cultists who are suspected to have murdered and dismembered one Moses Babatunde’s body in Otukpo Local Government Area of the state. The Commissioner of Police, Julius Okoro, announced this while addressing reporters on Monday in Makurdi. Okoro stated that the police received a report on Saturday at

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African first geology professor, Oyawoye, dies at 95

The Punch 

The first Professor of Geology in Africa, Jamiu Mosobalaje Oyawoye, is dead. His death was confirmed by his son, Prince Olukitibi Oyawoye, on Monday evening. He was 96 years of age. Born in Offa in Kwara state on August 12, 1927, Prince Oyawoye, the Aremo of Offa, served as a lecturer at the University of

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