Embattled Speaker of the Ogun State House of Assembly, Olakunle Oluomo has been remanded pending his fulfillment of an N300 million bail bond. Justice Daniel Osiagor of the Federal High Court in Lagos on Tuesday made the order following Oluomo’s arraignment by the Economic and Financial Crimes Commission (EFCC) over an allegation of N2.475 billion accrued from money laundering and ... Read More »

… Reports Profit Before Tax of ₦103.2billionLagos, Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2022, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦103.2billion, representing an increase of 11.0% over ₦93.1billion recorded in ... Read More »

After Deji, Giddyfia, and Diana got evicted, show host, Ebuka, reminded all 16 housemates that the race is still on till Week 10. Beauty’s disqualification as well as evictions for Cyph, Christy O, Khalid, Ilebaye, Kess, Pharmsavi, Modella, and Amaka, leaves 16 housemates out of 28 to compete for the 100 million grand prize (14 eligible)- Chizzy and Rachel are ... Read More »

THE Academic Staff Union of Universities, ASUU, has constituted a seven-man committee to defend the union’s position and refusal to suspend the ongoing strike that is getting to seven months. The committee is expected to respond to any criticisms in the media against the alleged adamant posture of the university teachers to suspend the strike. Recall that academic activities in ... Read More »

Nigeria may be stripped of one of the gold medals won at the recently held Commonwealth Games in Birmingham, England owing to doping crisis. This is as the Athletics Integrity Unit (AIU) announced the provisional suspension of sprinter Grace Nwokocha. Nwokocha was part of the quartet that won gold in the 4x100m relay at this year’s Commonwealth Games. Our correspondence ... Read More »

We refer to the news regarding the announcement of the proposed acquisition of Union Bank UK Pic. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union Bank of Nigeria Plc. (“UBN”) or (“the Bank”) in a regulatory filing issued to the Nigeria Stock Exchange (NGX), the Bank announced that it had entered a Share Sale and Purchase Agreement to divest ... Read More »

Popular Nigerian musician, Ice Prince has been arrested by the Lagos state police command, for assaulting a police officer. It was learned that at about 3a.m on Friday, the popular musician Oleku crooner was flagged down by police officers for driving without a license plate. Ice Prince who initially agreed to be taken to the station immediately, abducted the police ... Read More »

The Federal Government on Tuesday said it has done much for the education sector, especially, to the universities, which should enable the Academic Staff Union of Universities (ASUU) reconsider its position on industrial strike. Minister of State for Education, Goodluck Opiah, said this in a presentation to the Senate Committee (Tertiary Institutions and TETfund) during an oversight visit to the ... Read More »

…Union’s selfish, political —NANS …They should have considered our children’s plight —Parents ..We’ve solved 80% of ASUU’s demands—FG claims …State varsities’ ASUU membership voluntary, say pro-chancellors ..Back CONUA on liberalisation of academic unions AS members of the Academic Staff Union of Universities, ASUU, failed to call off their 196-day-old strike, yesterday, indications have emerged that the Minister of Labour and ... Read More »

Kaduna State University (KASU) said ASUU’s alleged description of the university staff as “quacks” was enough reason for its academic staff to pull out of the Union. The News Agency of Nigeria (NAN), reports that the National President of ASUU, Prof. Victor Osodeke, on Aug. 26, was reported to have referred to some state-owned varsities in Nigeria, including KASU as ... Read More »