Day: July 27, 2020

Nigeria makes U-Turn, Opens Secondary Schools August 4

Tim Bauer

WAEC confirms Platforms Africa’s report, starts WASSCE August 17 Nigeria has made a U-Turn over closure of schools as it ordered the reopening of Secondary Schools from the 4th of August, 2020 for exit classes only. The country’s Ministry of Education, which made this known in a press statement shared on its Twitter handle, @NigEducation, confirmed a report by Platforms Africa about the rejection by West Africa Examination Council (WAEC) of a plea by the Nigerian government for it to shift the West Africa Senior School Certificate Examination (WASSCE). The…

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Two directors dump FCMB 3 months after AGM + NAMES

Damola Oyede

  Two directors, Mr. Olutola Mobolurin and Mr. Olusegun Odubogun have resigned from the Board of First City Monument Bank (FCMB) Group Plc. The affected directors who were present at the company’s virtual Annual General Meeting (AGM) held in April following the outbreak of the COVID-19 pandemic, issued to the group, a month notice of disengagement, which expires on Friday, July 31, 2020. In a corporate disclosure posted on the Nigerian Stock Exchange (NSE) and duly signed by the Company’s Secretary, the FCMB Griup Plc confirmed the resignation and noted: “The Board also…

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Ghana lifts restrictions on Churches, Mosques, extends free power, water supply till December

Aoko Benjamin

  72-year old President of Ghana, Nana Akufo-Addo, has returned from a two-week quarantine over COVID-19 scare   Ghana has announced further lifting of restrictions on Churches and Mosques as well as an extension of free water supply to all citizens and free electricity to lifeline customers in the country till end of the year. President Nana Akufo-Addo who just returned from a two-week quarantine over COVID-19 scare made this announcement in an address to the nation on Sunday. He declared that the length of worship at Churches has also…

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N’Deltan Senators, Reps on NDDC’s N82bn contracts list are petty thieves – Asari-Dokubo

Efe Wellington

  Nigerian notorious Militants’ ex-leader, Mujaheed Asari-Dokubo, has alleged that leaders from the country’s Northern region are gùilty of armed robbery over Niger Delta resources   A former leader of Militants’ group in the Nigeria’s oil-rich Niger Delta, Mujaheed Asari-Dokubo, has described the Senators and members of the country’s House of Representatives representing the Niger Delta who were mentioned as beneficiaries of over N82 billion controversial contracts by the Niger Delta Development Commission (NDDC) as petty thieves. Minister of Niger Delta Affairs, Godswill Akpabio, has earlier listed members of the…

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Nigeria’s Loss To Power Epilepsy Hits $28bn – World Bank

Precious Ibekwe

World Bank demands enhanced accountability in disbursement of its $750 million loans to Nigerian power sector The World Bank has declared that Nigeria has lost $28 billion to power epilepsy rocking the country. The apex bank, which stated this in a document in which it demanded accountability on $750 million loan it approved for Nigeria’s power sector, maintained that what the country lost to inability to fix power problem was equivalent to two per cent of its Gross Domestic Product (GDP). “The economic cost of power shortages in Nigeria is estimated…

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