Hon. Alhaji Ganiyu Egunjobi, Chairman, Agege Local Government Area of Lagos State, on  Monday, February 8th ,  presented a budget of N3.5 billion for the 2021 fiscal year to the council’s Legislative House. During the presentation, Egunjobi said the appropriation bill was geared toward consolidating on the progress so far recorded by the council in 2020. He rated the performance ... Read More »

…Lawyer sues Senate, asks court to stop Bawa’s confirmation The new acting Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has been promoted to the rank of Chief Detective Superintendent ahead of his Senate screening. The move comes amid a lawsuit challenging Bawa’s qualification for the job. Section 2 of the EFCC Act states that a person who ... Read More »

AStanbic IBTC Holdings PLC, a member of Standard Bank Group, has awarded scholarships to successful candidates in the 2019 and 2020 University Tertiary Matriculation Examinations (UTME). This was done as part of its aspiration to encourage hardwork and excellence in academic pursuit. The 87 beneficiaries were drawn from the 36 states of the federation and the FCT. The beneficiaries comprised ... Read More »

The Senate, on Thursday, considered a bill seeking to stop employers in the private and public sectors from engaging employable Nigerian graduates as casual workers. The Prohibition of Casualisation Bill 2020 was sponsored by Senator Ayo Akinyelure. Akinyelure said casualisation of Nigerian graduates in the Nigerian labour market had become a subject of great concern. He said more workers continued ... Read More »

​Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its capacity to ... Read More »

  Members of the Senior Staff Association of Nigerian Universities (SSANU) and Non-Academic Staff Union (NASU), Obafemi Awolowo University (OAU), Ile-Ife chapter, yesterday protested non-payment of their allowances. They stormed the main gate of the institution around 10:15am and shut it, chanting anti-management songs. The protesters later shut other gates leading to the school before barricading the staff quarters. The ... Read More »

BY: SUNDAY ADEBAYO It is no longer news that Abdulrasheed Bawa is on his way to becoming the new chairman of the Economic and Financial Crimes Commission, EFFC as nominated by President Muhammadu Buhari, pending the Senate’s approval. This relatively unknown young man appears to be the perfect match for the country’s fight against corruption, both in the low and ... Read More »

President Muhammadu Buhari has nominated Abdulrasheed Bawa as substantive chairman of the Economic and Financial Crimes Commission, (EFCC). The President’s nomination was contained in a letter to the President of the Senate, Dr Ahmad Lawan, requesting the Upper Chamber of the National Assembly to screen and confirm Bawa for the position. A statement by Special Adviser to the President on ... Read More »

Justice Chigozie  Igwe of the Rivets State High Court sitting in Port Harcourt has sentenced the killer of Jumia delivery agent Chukwuma Eleje to death either by hanging or firing squad. Sodienyem Mbatumukeke killed Eleje, 37, in Port Harcourt about four years ago when the latter delivered an ordered iPhone to Mbatumukeke’s house. His remains were later found in a ... Read More »

  Fidelity Bank has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bond issuance which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the impressive portfolio of landmark transactions structured by the bank, and underscores its ... Read More »