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The traditional ruler of the Otumara community in Lagos Mainland of Lagos State, High Chief Kehinde Kalejaiye, has called on stakeholders in the judicial sector to promote access to prompt dispensation of justice and safeguard the rule of law. He opined that with the delayed justice system in the state, many Nigerians have lost hope […]

The Vice-Chancellor (VC), of Ajayi Crowther University, Oyo, Prof. Timothy Adebayo has disclosed that 12 persons have been arrested over the death of a 22-year-old 200-Level Mechanical Engineering student, Akor Alex, who was beaten to death by his colleagues over phone theft last Friday. Addressing newsmen at the Council Chamber of the school on Monday, […]

*Calls For Safety Measures Afam Osigwe (SAN) paid a visit to the Attorney General of Kaduna State, Sule Shu’aibu, SAN, at the Ministry of Justice on Tuesday, 28th May 2024. The visit was to commiserate with the ministry, following the devastating fire outbreak that gutted part of the building and destroyed valuable records. During the […]

The federal government is committed to ending torture and other forms of inhuman treatment of suspects by public officers, particularly personnel of investigative and security agencies. The Permanent Secretary, Federal Ministry of Justice and Solicitor General of the Federation, Mrs. Beatrice Jedy-Agba gave this assurance while speaking in Abuja on Wednesday, May 29. Mrs. Jedy-Agba […]

Wema Bank Capital Base Stands at N55bn with Rights Issue -MD With rights issue in the pipeline, Moruf Oseni Wema Bank Managing Director/Chief Executive Officer said the Nigerian lender’s capital base stands at N55 billion. Oseni said this at annual meeting with shareholders, adding that Wema Bank is set to raise N200 billion in capital […]

Jumia Launches Integrated Warehouse to Reduce Delivery Time To improve efficiency and the delivery experience, e-commerce platform Jumia Nigeria announced on Tuesday the opening of a new integrated warehouse and logistics network facility. Mr Sunil Natraj, the Chief Executive Officer of Jumia Nigeria, said this during the launch of the new Jumia warehouse on Tuesday […]

Oyo Approves N600m Tractorisation Subsidy for Farmers The Oyo State Government on Tuesday, approved N600 million as tractorisation subsidy to support farmers in the state. The state Commissioner for Agriculture and Rural Development, Mr Olasunkanmi Olaleye, said this on Tuesday in Ibadan while briefing newsmen on the outcome of the weekly State Executive Council meeting. […]

Blue Economy Targets N2trn Annual Revenue by 2027- Oyetola The Ministry of Marine and Blue Economy says it is implementing a 3-pronged strategy that will increase its revenue generation to N2 trillion per annum by 2027. Marine and Blue Economy Minister, Mr Adegboyega Oyetola, disclosed this at the ministerial press briefing on the administration of […]

Oil, Gas Reforms Will Make Nigeria Globally Competitive- Tinubu President Bola Tinubu says the three Executive Orders on oil and gas reforms will make Nigeria’s petroleum sector globally competitive. The president said this during a meeting with a delegation from ExxonMobil Upstream Company, led by its President, Liam Mallon on Tuesday in Abuja. He emphasised […]

EFCC Arrests 7 over Alleged Illegal Mining in Ilorin Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested seven suspects over alleged in illegal mining in Kwara. Its Spokesman, Dele Oyewale, said this in a statement on Tuesday in Abuja. Oyewale said the commission also arrested two other […]

Nigeria’s SEC Registers Three Crowdfunding Platforms Nigeria’s Securities and Exchange Commission (SEC) on Tuesday said that it had successfully registered three crowdfunding platforms, with three additional applications currently under review. Dr Emomotimi Agama, Director-General of SEC, confirmed this at a stakeholders dialogue on crowdfunding as a tool for strengthening Micro, Small and Medium enterprises (MSME) […]

Investors Record N294bn Gain on Nigerian Exchange Equities investors gain N294 billion from the stock market on Tuesday due to sustained interest in medium and large companies. As a result, market capitalisation, which began at N55.359 trillion, increased by N294 billion to close at N55.653 trillion. The All-Share Index also rose by 0.53 per cent […]