October, 2022

• 14 October

  ASUU Orders Lecturers To Resume Academic Activities Immediately

  

  The President, of the Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, on Friday announced the suspension of its eight-month-old industrial action. He also directed lecturers to resume academic activities with immediate effect. Osodeke who issued the directive in a statement on Friday, explained that the development was sequel …

  Read More »
• 14 October

  PDP Can’t Win Presidential Election Without Me, Wike Boasts

  

  Rivers State Governor, Nyesom Wike, has declared that without his input and participation in the activities of the Peoples Democratic Party (PDP), the party will lose its bid for the presidency in the 2023 general election. Governor Wike who spoke Friday morning in a live media chat at tge Government …

  Read More »
• 14 October

  NNPC, PTI to deploy anti-theft systems on pipelines

  

  The Nigerian National Petroleum Company Limited and the Petroleum Training Institute are to install anti-theft integrated monitoring systems on pipelines to monitor the facilities against crude oil theft. Nigeria has been losing billions of dollars for several years due to the activities of pipeline vandals who steal the country’s crude …

  Read More »
• 14 October

  Sanwo-Olu gets FG’s approval for $2.5bn Badagry seaport

  

  Lagos State Governor, Mr Babajide Sanwo-Olu, has received approval to build the Badagry Deep Seaport which was approved by the Federal Executive Council in August. A statement signed by Sanwo-Olu’s Chief Press Secretary, Gboyega Akosile, said the approval, which was given at the just concluded Lagos State Economic Summit (Ehingbeti …

  Read More »
• 14 October

  Buhari presides over security council meeting at Villa

  

  President Muhammadu Buhari is currently presiding over the National Security Council meeting at the Presidential Villa, Abuja. Vice President Yemi Osinbajo; Secretary to the Government of the Federation, Mr Boss Mustapha; the National Security Adviser, Maj. Gen. Babagana Monguno (retd.), and the Chief of Staff to the President, Professor Ibrahim …

  Read More »
• 14 October

  MRA Condemns Arrest and Detention of Broadcast Journalist by Police in Ilorin

  

  Media Rights Agenda (MRA) has condemned yesterday’s arrest and detention of Ilorin-based broadcast journalists, Mr. Dare Akogun, by the Kwara State Command of the Nigeria Police Force in an effort to coerce him to retract an allegation of corruption he reportedly made against an official of the State Government. In …

  Read More »
• 14 October

  ASUU Suspends 8 Months Strike

  

  The Academic Staff Union of Universities (ASUU) has reportedly decided to suspend its industrial action which started on February 14, 2022. The union made the decision at its National Executive Council (NEC) meeting on Friday. The union will issue a press release on the development soon, a source within ASUU …

  Read More »
• 13 October

  Appeal Court Frees IPOB Leader, Nnamdi Kanu

  

  The Appeal Court sitting in Abuja has discharged the embattled leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu. Kanu is being prosecuted by the Federal Government at the Federal High Court in Abuja for 15 count charges bordering, including treasonable felony and terrorism, offences he allegedly committed in …

  Read More »
• 13 October

  IMF Cautions CBN Against High Lending Rate

  

  The International Monetary Fund has warned that Nigeria and other emerging economies risk financial stability by continuously raising benchmark interest rates. In a new report entitled, “Interest Rate Increases Volatile Markets Signal Rising Financial Stability Risks,” the global lender noted that to avoid inflationary pressures from becoming entrenched, central banks …

  Read More »
• 13 October

  World Bank Sanction Seven Nigerian Firms For Corruption

  

  The World Bank has disclosed that it sanctioned seven Nigerian firms and individuals for corruption during its 2022 fiscal year. This disclosure was made in the bank’s latest Fiscal Year 2022, which covered July 1, 2021, to June 30, 2022, in the Sanctions System Annual Report. The sanction list contained …

  Read More »