United States President Donald Trump has declared that his country’s election process is worse than that of third world countries. Trump was reacting to the Senate runoffs in Georgia, where senior pastor of Ebenezer Baptist Church in Atlanta, Rev. Raphael Warnock, has been projected winner of one of the elections. Warnock defeated Republican incumbent Sen. Kelly Loeffler, a loyalist of Trump. The control of the US Senate now comes down to Republican David Perdue, who is running to keep his seat against Democrat Jon Ossoff. Ossoff is currently leading his…
Read MoreMonth: January 2021
NIN: Report on Mass disconnection of Phone subscribers unfounded – NCC
The Nigerian Communications Commission (NCC) has described as unfounded the report that mobile phones’ subscribers would be mass disconnected as a result of the ongoing linkage of SIM Registration Records with the National Identity Number (NIN). The Commission, which stated this in a statement sent to Platforms Africa, added that most of the reports are based on the erroneous assumption that for every network or SIM connection, there is one unique human subscriber. “The attention of the Nigerian Communications Commission (NCC) has been drawn to numerous publications in both…
Read MoreFinbank ex-MD, Okey Nwosu, Jailed over depositors’ N18bn Theft + PHOTO
A former Managing Director of the defunct Finbank Plc, Okey Nwosu, has been found guilty and sentenced to three years imprisonment by Justice Lateefat Okunnu of a Lagos High Court in Igbosere for N18 billion theft. The judge handed down the verdict after she found the former bank boss and three other Directors of the bank guilty of stealing the huge sum from Finbank Plc. Convicted alongside Nwosu were three former Directors of the defunct bank: Dayo Famoroti, Danjuma Ocholi and Agnes Ebubedike. In her judgement, Justice Okunnu sentenced…
Read MoreUS bars bushmeat imports from Africa, Seizes smoked bats, others from Ghana
The United States (US) Customs and Border Protection (CBP) has barred importation of bushmeat from Africa. The agency stated this as it seized nearly nine pounds of banned “bushmeat” from a passenger who arrived on a flight from Ghana on Sunday at Newark Liberty International Airport in New Jersey. The passenger, a US citizen, declared the bushmeat (a term for a range of wild animals, including primates, bats, civets and African rodents) to an agriculture specialist at the airport. A CBP statement said the Center for Disease Control (CDC)…
Read MoreLagos Deputy Gov Loses 37-year old Medical Doctor Brother To COVID-19
The Deputy Governor of Lagos State Dr. Obafemi Hamzat has lost his half brother, Dr. Haroun Hamzat, 37, to COVID-19 complications. The deceased, Dr. Haroun Hamzat, a medical doctor at one of the medical facilities in the Agege area of Lagos died of the virus on Tuesday at the age of 37. Confirming his death on his Instagram page, the deputy governor prayed to Allah to forgive the sins of his departed brother and grant him eternal rest. Dr Hamzat said: “Inna Lillahi wa inna ilahi raji’un. It is with…
Read More731 Batch B NYSC members Contract COVID-19 – PTF
The Presidential Task Force (PTF) on COVID-19 has revealed that 731 members of Batch B National Youths Service Corps (NYSC) have tested positive for COVID-19. The chairman, PTF on COVID-19 and Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, stated this at the national briefing on COVID-19 on Tuesday in Abuja. According to him, in continuation of the NYSC engagement, the PTF has conducted the testing of batch B corps members using RDTs. Out of the 35,419 in the Batch B, 731 tested positive compared to…
Read MoreNigerians less worried of COVID-19, more about Poverty, Insecurity – Survey
Nigerians are less worried about COVID-19 pandemic which has killed over 1, 300 people in the last nine months. A Survey by Infotrak Research and Consulting, which revealed this, added that they are more worried about insecurity, unemployment, poverty, corruption and high cost of living. According to Infotrak, the survey was conducted between December 27 and December 29, 2020, while 26 states across the six geopolitical zones were covered. The poll shows that only seven per cent of respondents expressed worry over COVD-19 than other issues ahead of them…
Read MoreNigeria Slams Fresh Electricity Tariff hike on Consumers
Here is why DisCos Customers should expect hike in January bill, two months after the last tariff increase implementation Electricity consumers in Nigeria are to pay as much N4 per kilowatt hour (/KwH) more for the January bill as the Nigerian Electricity Regulatory Commission, NERC, has approved a minor hike in electricity tariff payable by customers of the 11 Distribution Companies, (DisCos) in the country. This is coming just two months after the Commission finally implemented a much opposed hike in November 2020. According to a revised Multi Year…
Read MoreMy Bank, My Wife and The New Social Order
My Bank, My Wife and The New Social Order by The Duke of Shomolu Let me first out myself. I am a former Employee of FCMB. I worked there for a bit in the securities trading arm, CSL. CSL is a legendary institution that continues to be the corner piece of the Nigerian Capital Market. I was the Head of Local Business. One thing that attracted me to the firm was its legacy. Its founder, Chief Subomi Balogun, was a hero of sorts to young Stockbrokers like myself. He…
Read MoreLagos fixes new date for Primary, Secondary Schools’ resumption
The Government of Lagos State, Nigeria’s commercial capital, has approved January 18, 2021 for resumption of academic activities in public and private schools. This was disclosed by the Commissioner for Education, Folasade Adefisayo, in a statement on Monday by the Ministry’s Head of Public Affairs, Kayode Abayomi. Adefisayo said the new date was fixed based on the position of the Federal Government following the increase in the cases of Coronavirus Disease in the country and the new strains found in some countries. She said schools hoping to resume are…
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