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2024

Новости за 20.03.2024

Inferior materials cause of bad roads -NBRRI

The Punch 

The Nigerian Building and Road Research Institute has lamented the importation of sub-standard construction materials by contractors in the country, stressing that they remain a major scourge to quality and durable roads. The agency further stated that contractors flood the country with substandard materials since they are not subjected to testing. The Director General of

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Strike continues, SSANU declares after meeting with FG

The Punch 

The meeting between the Federal Government and the leadership of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Universities and Allied Institutions ended in a deadlock on Wednesday as both parties failed to reach an agreement. The National President of SSANU, Muhammed Ibrahim, told our correspondent that the unions would

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Tobi Amusan secures third 100m hurdles African Games victory

The Punch 

The Nigerian hurdles sensation, Tobi Amusan, claimed victory in the women’s 100m hurdles at the African Games in Ghana on Wednesday with an impressive time of 12.89 seconds. Amusan encountered a false-start scare during the initial race attempt, which could have led to her disqualification. Nevertheless, the officials decided to go easy on her and

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Cable cut: FG, ITU plan stronger digital infrastructure, broadband penetration  

The Punch 

The Federal Government and the International Telecommunication Union, headquartered in Geneva, have initiated discussions aimed at coordinating regional and global initiatives to safeguard submarine cables and other critical digital infrastructure. The Minister of Communications and Digital Economy, Bosun Tijani, disclosed this on X on Wednesday. ITU is a specialised agency of the United Nations responsible

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Don’t worry, be happy, police tell Nigerians on International Day of Happiness

The Punch 

The Nigeria Police Force has encouraged Nigerians to adopt a “Don’t Worry, Be Happy” outlook to celebrate the International Day of Happiness, emphasizing the importance of positivity and finding joy in small moments. The Force shared a pictorial on its X handle with the caption, “Don’t worry, be happy” to celebrate International Day of Happiness,

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FCT police arrest dismissed soldier for kidnapping

The Punch 

Operatives of the Federal Capital Territory Police Command have arrested one Gabriel Elihu, a dismissed soldier clad in military uniform, over an attempted kidnap in the FCT. Elihu was arrested on March 17, after he attempted to kidnap two victims en route to Gishiri village from H-Medix in the Gwarimpa area of Abuja. The suspect,

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BREAKING: CBN clears $7bn forex backlogs

The Punch 

The Central Bank of Nigeria has announced that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. This accomplishment fulfils a commitment made by CBN Governor, Mr Olayemi Cardoso, who vowed to address an inherited backlog of $7bn in claims. The announcement was made by the bank’s Acting Director of

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CJ has seven days to set up panel on Shaibu -Edo assembly

The Punch 

The Edo State House Assembly’s Majority Leader, Charity Aiguobarueghan, on Wednesday, said the Assembly needs not to give the Chief Judge an ultimatum within which to set up the panel to investigate the allegation of gross misconduct levelled against the deputy governor, Philip Shaibu. The house leader made this known during a telephone conversation with

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Shettima inaugurates council on skills

The Punch 

Vice President Kashim Shettima has implored members of the reconstituted National Council on Skills to build a skilled workforce in Nigeria. Shettima said when he inaugurated the Council at the Presidential Villa, Abuja, on Wednesday. “A skilled nation is one that has paved its road to the future,” the Vice President stated. The VP outlined

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Binance executives to remain in detention for two weeks

The Punch 

Two executives of Binance, the world’s largest cryptocurrency exchange, will remain in detention for at least two more weeks in Nigeria, the families have said. The duo appeared in court for the first time on Wednesday, even though they had not been charged with a crime, Reuters reported. Tigran Gambaryan, a US citizen overseeing financial

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US evacuates more citizens from Haiti

The Punch 

The United States on Wednesday flew citizens out of Haiti’s violence-ravaged capital Port-au-Prince, with more evacuations expected as the crisis persists. This was disclosed by the State Department. The United States chartered a helicopter that took some 15 citizens from Port-au-Prince, which has been largely overtaken by armed gangs, to the neighbouring Dominican Republic, the

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29% Nigerian fintechs adopt generative AI – Report

The Punch 

The Nigeria Fintech Marketing Outlook has revealed that 29 per cent of surveyed players in the financial technology space have adopted generative Artificial Intelligence for content creation. The report which is the maiden edition was co-authored by Charles Anijekwu and Jeremiah Ajayi was published by Africa Fintech Summit to shed light on the current state

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JUST IN: Access Bank to acquire National Bank of Kenya

The Punch 

Access Bank will acquire the National Bank of Kenya from the KCB Group, its second acquisition of a Kenyan bank in under five years. After purchasing Transnational Bank Limited. in 2019, this is the Nigerian lender’s second acquisition in Kenya. Access Holdings’ Secretary, Sunday Ekwochi, announced in a statement filed on the Nigerian Exchange Limited

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Man bags life jail for defiling 11-year-old thrice

The Punch 

Justice Rahman Oshodi of the Ikeja Sexual Offences and Domestic Violence Court on Wednesday convicted and sentenced a man, Ojo Oladeji, to life imprisonment for defiling an 11-year-old minor three times, in an uncompleted building. The judge held that the prosecution was able to prove the charge of defilement beyond reasonable doubt against Ojo. Oshodi

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Killing of 17 soldiers barbaric, Bayelsa gov laments

The Punch 

Bayelsa State Governor, Douye Diri, has condemned the Okuama attack, during which 17 soldiers were killed in the Ughelli South Local Government Area of Delta State. Diri, in a reaction to the incident, called for concerted efforts and support from the military and other security agencies to bring the killers of the 17 soldiers to

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Bearish trade continues with N168bn loss for investors

The Punch 

Bearish trading continued midweek on the Nigerian exchange leading to a 0.28 per cent decline in the All-Share Index to 104,256.81 points. Consequently, the market capitalisation of listed equities also decreased by 0.28 per cent to N58.95tn, while year-to-date returns of the ASI dropped to 39.43 per cent. This trade pattern led investors to suffer

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Low perimeter fence, others responsible for Kuje jailbreak — Army

The Punch 

The absence of Close Circuit Television Cameras, coupled with a low fence, caused the jailbreak experienced at the Kuje Custodian Centre on July 5, 2022, the Nigerian Army has said. The Army disclosed this on Wednesday during the investigation instituted by the House of Representatives Joint Committees on Reformatory Institutions, Justice, Police Affairs, Interior, and

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Teenager stabs foster mother to death in Ondo

The Punch 

The Ondo State Police Command on Wednesday said it had arrested a 17-year-old girl simply identified as Wumi for allegedly stabbing her foster mother, Mrs Funmilayo Adelayi, to death. The incident reportedly happened at Oda, Akure residence of the deceased, last Wednesday. According to the state Police Public Relations Officer, Mrs Funmilayo Odunlami, the deceased’s

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Vote-buying: Court admits Adubutu’s statement of account

The Punch 

The High Court of Ogun State sitting in Abeokuta, the Ogun State capital, presided over by Justice Abiodun Akinyemi, on Wednesday, admitted Ladi Adebutu’s account opening forms alongside his statements of account. Adebutu, the candidate of the Peoples Democratic Party in the March 18 governorship election in Ogun State, together with some members of his

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Adeleke presents staff of office to Osun monarch

The Punch 

Osun State Governor, Ademola Adeleke, has presented the new Owa of Igbajo, Oba Ademola Makinde, a staff of office, with a call on the royal father to unite the town. Oba Makinde’s appointment was a sequel to the removal of Oba Adegboyega Famoodun, who was appointed Owa of Igbajo by the administration of the immediate

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Gunmen abduct farm manager in Ogun

The Punch 

Masked gunmen reportedly invaded the Idowa community in the Odogbolu Local Government area of Ogun State on Monday afternoon. They kidnapped the farm manager at Flourishing Poultry Farm, Tunde Osifowokan. Osifowokan is said to be the younger brother of the owner of the poultry farm. Meanwhile, reports have emerged about an incident involving a member

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Access Bank to acquire National Bank of Kenya

The Punch 

Access Bank has revealed plans to acquire the National Bank of Kenya from the KCB Group. This marks its second acquisition of a Kenyan bank under five years after a move to acquire Sidian Bank fell through in 2023. Paul Russo, CEO of KCB Group, expressed optimism about the deal, stating that Access Bank will

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