Month: August 2022

Emirates Slashes Nigeria Service, Blames $85m Trapped Revenue

ADEOLA YUSUF

Details of letter the airline sent to the Nigerian government   Dubai’s Emirates has announced reduction in flights to Nigeria this month due to troubles repatriating revenue from Africa’s most populous nation. Emirates, according to a letter sent to the government and seen by Reuters, plans to cut the number of flights to Lagos to seven from 11 by mid-August, the letter said, adding it had $85 million stuck in the country as of July, a figure that had been rising by $10 million per month. READ ALSO Shell, AFC,…

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Another Top Oyo Monarch, Onjo of Okeho’s Health Stirs Anxiety

ADEOLA YUSUF

Palace of Onjo of Okeho has reacted to news alleging the passing on of the top Oyo monarch, Oba Rafiu Osuolale, describing it as mere rumour. Already, there is anxiety in Okeho, Kajola Local Government Area, Oyo State, over the health status of Oba Rafiu Osuolale, Onjo of Okeho. READ ALSO: How Nigeria Lost $380bn, 2m Jobs To Capital Fight – NCDMB Lagos Vows Sanction On Arise TV Anchor For Driving On BRT Lane Oranmiyan, Sango to Adeyemi III: List of 44 Alaafin in Yoruba History The monarch who was…

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How Nigeria Lost $380bn, 2m Jobs To Capital Fight – NCDMB

ADEOLA YUSUF

The Nigerian Content Development and Monitoring Board (NCDMB) has revealed how Nigeria lost over $380 billion to capital flight and two million jobs in 50 years. Platforms Africa reports that Executive Secretary, NCDMB, Engr. Simbi Wabote at the fifth annual Valuechain lecture and awards held in Abuja, said the nation also lost the opportunity cost for in-country capacity development and value addition. READ ALSO: Shell, AFC, GTBank, 6 Other Banks Drag Aiteo to Court Over $2bn Debts EXCLUSIVE: Buhari Declines Ministerial Consent For ExxonMobil $1.6bn Assets’ Sale To Seplat Lagos…

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Lagos Vows Sanction On Arise TV Anchor For Driving On BRT Lane

ADEOLA YUSUF

Google map misled me, No You’re A Lawbreaker – Lagos CPS Gboyega Akosile, Arise TV Rufai Oseni exchange words on twitter + Police PRO Hundeyin’s reaction The Lagos State Government has vowed that necessary action would be taken against the Arise TV anchor, Rufai Oseni, for “driving on the dedicated lane for Bus Rapid Transit (BRT).” Rufai had earlier in a Twitter post on Monday, August 1, 2022, alleged that a police officer pointed a gun at him while trying to enforce a traffic infraction. READ ALSO: BREAKING: ASUU Extends…

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BREAKING: ASUU Extends Strike, Shuts Varsities Till September

ADEOLA YUSUF

University Students who have been at home since February 14, 2022, will remain stranded for another four weeks   The ongoing industrial action by the Academic Staff Union of Universities (ASUU), has been extended by another four weeks till September. Platforms Africa reports that this was confirmed in a release signed by the President of the Union, Professor Emmanuel Osodeke, on Monday, August 1. READ ALSO ASUU Demands Ban of Foreign Education for Public Officials’ Children BREAKING: Resolve Issues With ASUU In 2 Weeks, Buhari Orders Minister ASUU: NUC Laments…

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England Defeat Germany 2-1 to Lift Heroic Euro Title

ADEOLA YUSUF

England ended their wait for a major trophy as Chloe Kelly’s extra-time winner handed them a 2-1 win against Germany in the women’s European Championship final. Watched on by a record-breaking crowd of 87,192 at Wembley Stadium, England went ahead through substitute Ella Toone before being pegged back by Germany’s Lina Magull. But Kelly provided the perfect finish for England after coming on as a substitute, scoring in the 110th minute to give the Lionesses their first major tournament triumph and England’s first for men or women since the 1966…

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CBN Begins Probe, Insists 10 Providers Divert Electricity Meter Funds

ADEOLA YUSUF

Apex bank prayed Court for an order that commercial banks freeze the account of 10 Meter Asset Providers (MAPs) involved with the NMMP for 180 days, pending the outcome of its investigation, Mojec welcomes probe   The Central Bank of Nigeria (CBN) has begun the probe of Mojec Meter Asset Management Company Ltd. (M3AC) and nine other Meter Asset Providers (MAPs) for alleged diversion of funds running into millions of dollars which the Nigerian government provided for the Mass Metering Programme. Platforms Africa reports that the apex bank has already…

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NCC Mulls N500m Research Funding For Nigerian Varsities

ADEOLA YUSUF

The Nigerian Communications Commission has committed over N500 million to Nigerian universities and other tertiary institutions across the country to facilitate research and innovations to promote developments in the Nigerian telecommunications industry. The Executive Vice Chairman of the NCC, Prof. Umar Danbatta, disclosed this at a two-day Regional Roundtable with Academia, Industry and Other Stakeholders in Kano. Danbatta said the funds have been committed to research grants to universities and tertiary institutions, including professorial chairs in the universities in salient areas to drive technology development. READ ALSO: First 5G In…

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Lawal Sets Three Weightlifting Records, Wins Nigeria’s 2nd Gold

ADEOLA YUSUF

Rafiatu Lawal on Sunday won Nigeria’s second gold medal in the weightlifting event at the ongoing 2022 Commonwealth Games in Birmingham, UK. Lawal in the process set three Commonwealth Games records in the women’s 59kg final, lifting 90kg in snatch, 116kg in clean and jerk, and 206kg in total. READ ALSO: Adijat Olarinoye Lifts Nigeria’s 1st GOLD medal In Birmingham Vehicle Crushes Five Ogun Motorcyclists, Kills Three Nigerian Doctors Threaten Strike Over Unpaid Wages Jessica Brown of England emerged second in the event with 197kg in total to win the…

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BREAKING: LASU ex-VC, Prof. Lateef Akanni Hussein, is Dead

ADEOLA YUSUF

How, where Professor of Physics and 6th Substantive Vice Chancellor of Lagos State University who died aged 75 years, will be buried Former Vice Chancellor of Lagos State University, Prof. Lateef Akanni Hussein is dead. Prof. Hussein died after a brief illness in the evening of Sunday, 31st July, 2022 at the age of 75 years. Platforms Africa reports that Prof. Hussein a professor of Physics was the 6th Substantive Vice Chancellor of Lagos State University; he served between 2005 and 2011. READ ALSO Nigerian Doctors Threaten Strike Over Unpaid…

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