Five workers died when a building under construction collapsed on Thursday at 13, Wilson Mba Street, Arowojobe Estate, Maryland, Lagos. The building under construction collapsed at 3:49am on Thursday in the Maryland area of Lagos State, Nigeria. Lagos State Emergency Management Agency (LASEMA) boss, Olufemi Damilola Oke-Osanyintolu, confirmed the developmentContinue Reading
BY GODWIN OBI The National Assembly has eaten the humble pie by bowing to the 36 state governors over the refusal of autonomy for local government councils as proposed in the 44 constitution amendment bills forwarded to state houses of assembly for concurrence in March 2022. Meanwhile, the National Assembly hasContinue Reading
BY GODDY OBI The Labour Party presidential candidate, Mr Peter Obi, has promised to build a new Nigeria as he took his campaign to Katsina, the home state of President Muhammadu Buhari. He made the promise at the Muhammadu Dikko Stadium on Monday, restating his commitment to restoring peace, fightingContinue Reading
BY GODDY OBI The World Bank has said the Central Bank of Nigeria (CBN) financing of the fiscal deficit has continued to fuel inflation by increasing liquidity in the money market. The Bank also noted that interest payments on the Nigerian government’s borrowing from the CBN will gulp over 62Continue Reading
BY GODWIN OBI Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth across key income lines a`s well as significant progress in the contribution from its subsidiaries. At the end of the firstContinue Reading
BY GODWIN OBI The Central Bank of Nigeria’s (CBN) commitment to boost private sector operators appears to be bearing fruits as commercial banks’ lending to the sector has grown by N5 trillion in one year. According to data obtained from the CBN’s website, the banks’ credit to the sector inContinue Reading
•As FEC approves N707m for airline accident investigation BY GODWIN OBI Minister of Aviation Mr Hadi Sirika yesterday said that the nation’s new national carrier, Nigeria Air, would soon commence commercial operations with threee leased aircraft Sirika made the disclosure to State House Correspondents after the council meeting presided overContinue Reading
BY GODWIN OBI The crisis in the nation’s public university system has taken a new twist as members of the Senior Staff Association of Universities (SSANU) and the Non-Academic Staff Union of Universities (NASU) rejected the report of the Professor Nimi Briggs-led renegotiation committee. Both unions insisted that they wouldContinue Reading
BY GODWIN OBI Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has met with the Danish Ambassador to Nigeria, His Excellency, Sune Krogstrup, on the reported killing of pirates in the Gulf of Guinea by a Danish frigate. The meeting, which held in Abuja,Continue Reading
BY GODWIN OBI The Nigeria Customs Service Ogun1 Area Command has seized a total of 12 lorry loads of foreign parboiled rice and other contraband items valued at N172.9million in the last one month. The commendable exploit was coming in the wake of the relaunch of the command’s anti-smuggling campaign.Continue Reading