Month: March 2021

BREAKING: COVID-19 Vaccines Land in Nigeria + PHOTOS

ADEOLA YUSUF

  How first tranche of 3.94 million doses of the AstraZeneca/Oxford vaccine was shipped into Nigeria   The Oxford-AstraZeneca Vaccines have arrived Nigeria. The vaccines arrived around noon on Tuesday, via an Emirates Aitlines. The Platforms Africa has earlier reported that Nigeria was expecting four million doses of COVID-19 vaccine. COVAX shipped 3.94 million doses of the AstraZeneca/Oxford vaccine, manufactured by the Serum Institute of India, arrived from Mumbai to Abuja around 11.30 am. “Nigeria has just received the first batch of Oxford/AstraZeneca COVID—19 vaccine,” presidential aide Bashir Ahmad tweeted. According…

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Retail giant, Shoprite’s outlets shut across Nigeria, firm loses millions

ADEOLA YUSUF

  The bickering between the Africa’s biggesr supermarket chain and workers worsens The business activities at the 25 outlets of the Africa’s biggest supermarket chain, Shoprite, in Nigeria have been grounded into a halt, causing the Africa’s biggest supermarket chain the loss of millions in naira Though Shoprite had, last year, revealed its plan to pull out of Nigeria, this latest shut down was caused by the employees of the company who have embarked on an industrial action. The South African-owned Shoprite is, nonetheless, still looking at selling all “or a…

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JUST IN: EFCC goes after Nigeria’s top Politician, Bola Tinubu – Report

ADEOLA YUSUF

  Nigeria’s Anti-corruption agency hunts for CCB’s documents to nail ex-Lagos governor ahead 2023 election Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has begun a hunt for more incriminating evidences to nail top politician and a former governor of Lagos, Mr. Bola Ahmed Tinubu, over allegation of corruption. The agency, a report by People’s Gazatte read, has requested Bola Tinubu’s asset declaration documents from the Code of Conduct Bureau, in a politically-charged inquiry that could see the ruling party chieftain arrested and prosecuted before 2023. The anti-graft…

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BREAKING: Tears as 300 Kidnapped Nigerian Schoolgirls freed, met Parents

ADEOLA YUSUF

    Hundreds of pupils (about 300) kidnapped from Government Girls Secondary School, Jangebe in Talatu-Mafara local government area of Zamfara state, Northwest Nigeria, have been released. Governor of the state, Bello Matawalle, who disclosed this did not give their numbers. Reports have, however, varied on the actual numbers as some reported 300 while others reported 279. This was greeted by jubilation and tears of joy from parents snd residents of the sleepy town where the kidnapping took place. The schoolgirls were kidnapped after gunmen invaded the school in the…

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Cryptocurrencies: Why Nigeria is a global leader in Bitcoin trade

ADEOLA YUSUF

    More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports. Tola Fadugbagbe recalls moving to Lagos from his small south-western town 10 years ago with dreams of brighter prospects. Instead, the 34-year-old ended up in a series of odd jobs earning the minimum wage to survive – a typical story for many young Nigerians who are just trying to get by. It was not until 2016 that online adverts…

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Obaseki exits FCMB as Executive Director, bank awaits CBN’s nod for non-ED

ADEOLA YUSUF

  The Board of First City Monument Bank (FCMB) has considered and approved the appointment of an Independent Non-Executive Director, subject to the approval by the Central Bank of Nigeria (CBN). The Board of the bank has also announced the retirement of Mr Peter Obaseki as an Executive Director of the company. The notification is part of the decisions reached at the company’s Board meeting held today, 26th of February, 2021. According to the disclosure signed by the company’s secretary, Mrs. Olufunmilayo Adedibu, the retirement of Mr Obaseki from the Board of…

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Business Times ex-Energy Editor, Mike Owhoko, bags PhD

ADEOLA YUSUF

  The former energy Editor of Business Times (Daily Times Group),  Michael Owhoko, has been awarded a Doctor of Philosophy (PhD) in Political Science by the Selinus University. He has over 30 years’ experience in media and communications, spanning the newsroom and corporate world, including the banking and, oil and gas industries. Owhoko, whose thesis was, according to a statement, entitled, “The Future of Nigeria,” was awarded the Ph.D after a successful defence of his dissertation. “Impressed by the intellectual depth and rigours of his work, his supervisor, Professor Salvatore…

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