A win for former United States (U.S.) Vice President Democratic Party presidential candidate Joe Biden will attract $700 billion investments to Nigeria and other emerging markets, Renaissance Capital (RenCap) analysts have predicted. RenCap Chief Economist Charles Robertson said a Biden victory will, in the long run, shift trillions of dollars to Nigeria and other emerging markets. In a report to ... Read More »
Author Archives: NewsThumb Magz
Globacom doles out free data to customers upgrading to 4G
Digital transformation leader, Globacom, has rolled out data gifts, including a one-off 10GB free data, for its subscribers on 3G SIMs to encourage them to upgrade to 4G SIMs to experience its faster 4G LTE network. Globacom launched its 4G LTE network nationwide in October 2016 and has since consolidated the reach, taking the network to more smaller cities and ... Read More »
OGITECH students protest colleague’s death in school clinic
Students of Ogun State Institute of Technology (OGITECH), Igbesa have shut down the institution over the death of a student in the institution’s clinic. An ND I Computer Engineering student, Malik Omoty, died in the school clinic where he was rushed to following a motorcycle accident on Monday. It was gathered the accident occured in front of the institution owing ... Read More »
EDO 2020 : PDP admits error in Obaseki’s certificate
Peoples Democratic Party (PDP) has admitted the error in Edo State Governor Godwin Obaseki’s University of Ibadan (UI) certificate. Blamed the photocopying machine for the error. The error disqualified Obaseki from seeking a second term on the platform of the All Progressives Congress (APC). A petition by the Action Democratic Party (ADP) and its governorship candidate, Iboi Emmanuel, accused Obaseki ... Read More »
#EndSARS : Lekki shootings CCTV stopped working at 8pm, says LCC MD
The Lekki Concession Company, operators of the Lekki toll gate, has submitted video footage recorded by its surveillance camera on the night of October 20, 2020, when soldiers allegedly opened fire on #EndSARS protesters at the Lekki toll gate. The Managing Director of LCC, Abayomi Omomuwa, submitted the video footage on Tuesday to the Judicial Panel of Inquiry set up ... Read More »
100 Billion Tax Evasion : EFCC arrest Fowler over fraud allegations against Alpha Beta
The Economic and Financial Crimes Commission is presently interrogating a former Chairman of the Federal Inland Revenue Service, Babatunde Fowler, over the N100 billion tax evasion allegations levelled against a tax firm, Alpha Beta Consulting. Fowler, who was also a former Chief Executive Officer, Lagos State Internal Revenue Service, responded to an invitation from the EFCC on Monday. A former ... Read More »
Ecobank Restates Commitment To AfCFTA
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organizations to explore the opportunities available in the African Continental Free Trade Area (AfCFTA). Akinwuntan in his remark at an event in Lagos pointed out that the pan African bank was set up primarily for the economic integration and development of Africa, stressing ... Read More »
WAEC RELEASES 2O2O WASSCE RESULTS
Barring any unforeseen circumstances, students who sat for the 2020 West African Senior School Certificate Examination (WASSCE) will be able to access their result today. This is going by the West African Examination Council(WAEC)’s tweet that the results the will be released today.The results would have been released earlier but for the #EndSARS protest which brought activities to its kneel. ... Read More »
When a Bank Puts SMEs First
Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in wanton looting, arson and destruction of public and private properties across many states at an unprecedented ... Read More »
LASAA remains the regulatory Agency for billboards and signages in Lagos State
The Management of Lagos State Signage and Advertising Agency (LASAA) has said it has become necessary to reassure stakeholders in the outdoor advertising industry in Lagos State that they are still in charge of regulating outdoor advertising and signages in the state contrary to the spurious claim of a notable Lagos politician that Loatsad Media regulates and controls the erection ... Read More »