Month: May 2021

Too early to hike key interest rate from 11.5%, Experts caution Nigeria

Damilola Olonade

Nigeria records economic growth pick up first time in One Year as Oil, Factory Output Rise   Nigeria’s economic growth quickened in the first quarter as oil output started to recover and manufacturing production increased for the first time in a year. This, however, come with a caveat from experts who stated that despite the pickup in growth, it is still too early to increase the key interest rate from 11.5%. This same view was raised by the Governor of Central Bank of Nigeria, Godwin Emefiele.   READ ALSO: Nigerian…

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TJNA strengthens anti-tax evasion struggle, joins Addis Tax Initiative

Adeola Yusuf

  Tax Justice Network Africa (TJNA) becomes the 25th member organisation of the Addis Tax Initiative (ATI). Both institutions officialised the membership deal   Tax Justice Network Africa has strengthened its fight against tax defaulters through a collaboratio  with the Addis Tax Initiative on domestic resource mobilisation and advance the Sustainable Development Goals. Tax Justice Network Africa (TJNA) becomes the 25th member organisation of the Addis Tax Initiative (ATI). Both institutions officialised the membership agreement this Wednesday, 19th May 2021. READ ALSO: Casualty Figure Uncertain as DR Congo Volcano Erupts, Thousands flee…

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Bridging Nigeria’s Housing Deficit through Mortgage, By Yemi Adefisan

Yemi Adefisan

In this piece, Group Chief Executive, Cititrust Holdings Plc., Yemi Adefisan, takes a beneath-the-surface look at Nigeria’s 22 million Housing Deficit with practical steps on how this can be fixed through Mortgage   With an estimated population of 198 million as at December 2018, and a housing deficit projected at between 17 and 22 million housing units, Nigeria’s private sector needs to participate actively and work with the government in tackling the deficit. While it is important for companies in the private sector to innovate and facilitate change within the…

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Meet Ajoke, A Consequential Matriarch of Muritala Muhammed Dynasty at 80

Aisha Muhammed-Oyebode

  This revealing article about the widow of Nigerian ex-military head of state, originally headlined “Ajoke Muhammed: A Consequential Matriarch at 80,” and sent to Platforms Africa, is written by Aisha Muhammed-Oyebode     Today, Sunday, May 23, 2021, Dr. Ajoke Murtala Muhammed the wife of the late Head of State, General Murtala Ramat Muhammed, is 80 years old. She was born on May 23, 1941 and started her professional journey as a Dental Therapist before she married late Murtala in 1962 and they settled down into matrimonial life. On…

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Casualty Figure Uncertain as DR Congo Volcano Erupts, Thousands flee +PHOTO

Aoko Benjamin

  Nyiragongo’s last eruption in 2002 killed 250 people and left 120,000 homeless in the DRC. The Democratic Republic of the Congo’s (DRC) Mount Nyiragongo has erupted for the first time in nearly two decades, sending lava sliding down the hillside towards the eastern city of Goma and forcing thousands of people to flee. READ ALSO: REVEALED: Three Times Kaduna Plane crashes Killed Top Army Chiefs, Governor Seplat goes bullish, dividends to Shareholders hit $344m in 6 years 2 hospitalised as Abeokuta suffered 3rd Gas Explosion in 4 days As the…

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BREAKING: Only 45,000 foreign pilgrims will perform 2021 Hajj -Saudi Arabia

Aliyu Aliyu

  Nigeria, which hirtherto got 95,000 Hajj quota, will share just 45,000 slots with over 60 countries of the World as Saudi embargoes Hajj for people under the age of 18 and above 60 years   The Kingdom of Saudi Arabia has pegged the global attendance for 2021 Hajj at only 60,000 with just 45,000 quota, out of this, slated for prospective pilgrims from outside the kingdom. The announcement made by the Kingdom few hours ago via a twitter handle; @HaramainInfo sighted by Platforms Africa, noted that only 60,000 pilgrims will be…

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2 hospitalised as Abeokuta suffered 3rd Gas Explosion in 4 days

Gbenga Adeoti

  Another gas explosion has rocked Abeokuta, Southwest Nigeria, injuring two people. The explosion, which rocked the capital of Ogun state on Friday, May 21,  Platforms Africa reports, is the third suffered by the city in four consecutive days. The explosion occurred barely 48 hours after one person was killed and another injured in a gas explosion on Wedenesday May 19, at the Olusegun Obasanjo Presidential Library on Thursday, and about 72 hours after two people were killed by another gas explosion on Tuesday, May 18, at the Conference Hotel owned by a former governor of…

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Buhari’s absence at Army Chief, Others’ burial sets Twitter on fire

Aliyu Aliyu

  “Buhari, who went to Paris for 4 days, could not go to Attahiru’s funeral for 30 minutes.”   The absence of the Nigeria’s President Muhammadu Buhari ( a Major General retd.) at the burial of his Chief of Army Staff, Lt General Ibrahim Attahiru and other military personnel in Abuja on Saturday, has been greeted by hot reactions on Twitter. Some Nigerians on Twitter wondered why Buhari failed to show up, despite that the event was in Abuja.   READ ALSO: Kaduna Crash: Co-Pilot Dies 2 Months After Wedding,…

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How Winners of 3 Nigerian Refineries’ O&M contracts’ll emerge – NNPC

Efe Wellington

  Do not bid for refineries‘ O&M contracts if you have any of the following baggage, NNPC tightens the noose on contractors with tax default, criminal records   The Nigerian National Petroleum Corporation, NNPC, has given details of how winners will emerge in a bidding process for the provision of operations and maintenance (O&M) services at three petroleum refineries in Nigeria. The select refineries are Port Harcourt Refining Company (PHRC), Warri Refining & Petrochemical Company (WRPC), and Kaduna Refining and Petrochemical Company (KRPC).   READ ALSO: Protest greets Nigeria’s $1.5bn…

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Kaduna Crash: Co-Pilot Dies 2 Months After Wedding, Pilot weeks to Marriage

Gbenga Adeoti

  Here are the pity evoking details including photos + how 20 military officers killed in three crashes involving Nigerian Air Force jets in last 3 months   As Nigerians mourn the death of Nigeria’s Army Chief, Lt. Gen. Ibrahim Attahiru and other officers who died in a plane crash in Kaduna, on Friday, friends and families of the deceased are still in shock. One of the victims is Flight Lt. Alfred Ayodeji Olufade, who just married a couple of months ago.   READ ALSO: REVEALED: Three Times Kaduna Plane crashes Killed Top…

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