Naija News

Ihedioha’s Sack: ‘We admitted result sheets by Uzodimma because INEC did not object’ – Supreme Court

The Supreme Court has explained why it accepted the results sheets presented by the Governor of Imo State, Hope Uzodinma. The apex court disclosed that the result sheets by Uzodinma became admissible because the Independent National Electoral Commission, INEC, did not counter them when produced by the APC governor. In a copy of the judgment […]

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Banks to hold shipowners accountable for $200m CVFF disbursement

Following the plans to disburse the Cabotage Vessel Financing Fund (CVFF) to shipowners, the Minister of Transportation, Rotimi Amaechi has told banks to hold every beneficiary shipowner accountable for the credit facility. He said this during a meeting organised by the Federal Ministry of Transportation, in collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA). How the funds would […]

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Finance Act: Take advantage of the many opportunities – CITN

Tax consultants have been encouraged to take advantage of the many opportunities that abound in the country’s new Finance Act. Taiwo Oyedele, a partner, Fiscal Policy and Tax leader, PricewaterhouseCoopers (PwC), gave the advice at a workshop on tax practice management. The workshop, which was organised by the Chartered Institute of Taxation of Nigeria (CITN), was themed: “Leading […]

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Nigeria to lift ban on Zamfara solid mineral mining by Q1 ending

Nearly a year after the Nigerian Government banned unauthorised mining of mineral resources in Zamfara State, the Minister of Mines and Steel Development, Olamilekan Adegbite, said plans are underway to re-start mining activities in the region. According to Adegbite, the government plans to remove the ban by the end of the first quarter, in order to pave way […]

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FG lures UK investors with mineral potentials, incentives

The Federal Government has tasked investors in the United Kingdom (UK) to consider investing in Nigeria’s mineral and mining sector, as it features attractive incentives and potentials. The call was made by the Minister of Mines and Steel Development, Arc Olamilekan Adegbite during the “Nigeria Beyond Oil” conference held in the UK. The Minister, who was the chief host […]

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CBN appoints, deploys directors

The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors within its ranks. In a statement on Thursday, the CBN disclosed that Yusuf Philip Yila, a Director with the bank and Managing Director of NIRSAL Microfinance Bank (NMFB), has been redeployed to the position of Director, Development Finance Department, with effect from January 24, […]

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FG concludes plan to borrow N2 trillion from Pension Fund

The Federal Government has concluded plan to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure. The disclosure was made at the National Economic Council (NEC) meeting presided over by the Vice President, Yemi Osinbajo, on Thursday in Abuja. Briefing newsmen at the end of the NEC meeting in Abuja, Kaduna State Governor, Mallam Nasir el-Rufai, stated […]

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AfDB invests $600 million in Africa’s renewable energy, discloses de-risk plan

African Development Bank (AfDB) has invested $600 million for the development of renewable energy in Africa. The President of AfDB, Akinwumi Adesina, disclosed during his keynote speech at the UK-Africa Investment Summit. The investment into the renewable energy market had been encouraged by the opportunities, which Adesina says are available in Sub-Saharan Africa. “Huge opportunities exist for […]

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YouTube appoints Nigeria’s Alex Okosi to head its European, Middle East, African markets

Nigeria’s Alex Okosi has taken over the reins at YouTube after his appointment as the Managing Director of Emerging Markets in Europe, the Middle East and Africa (EMEA). Prior to his appointment, Okosi was the Executive Vice President and Managing Director of Viacom/CBS Networks Africa and BET International. Okosi will be taking over the YouTube business and partnership team in Europe, Middle East and Africa, to further […]

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Border Closure: Nigerian rice farmers are struggling to feed a rice-hungry nation

Three factors are constraining Nigerian rice farmers from meeting their full potentials in terms of producing enough to meet growing demand. Recent findings by Reuters disclosed that the constraining factors include lack of machinery and adequate irrigation, lack of adequate finance to procure fertilisers, and limited access to manual labour. Many rice farmers across the country are facing these same challenges. A female rice farmer who was interviewed at work, said, “We work until we get exhausted, manually […]

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Jumia Group appoints Juliet Anammah as Nigeria’s ‘Chairwoman’

Jumia Group has announced the appointment of its former Chief Executive Officer (CEO), Juliet Anammah as the new Chairwoman, Jumia Nigeria and Head of Institutional Affairs across Africa. In the same vein, Massimiliano Spalazzi was appointed to replace Anammah as the new CEO, Jumia Nigeria. The appointment was announced by Jumia Group’s co-CEO and co-founder, Jeremy Hodara during […]

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9mobile launches AI-enabled chatbot, Enin

Telecommunications company, 9mobile has announced the launching of a personal digital customer assistant on its network called, Enin. The Artificial Intelligence-enabled chatbot solution would interact with customers by providing virtual assistance to them just as a human would. Enin’s function: The chatbot reportedly helps customers do various things on the 9mobile network such as airtime purchase, subscription to data […]

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Coronavirus: NCAA puts airlines, others on alert

Nigerian Civil Aviation Authority (NCAA) has put all airline operators, Air Navigation Service Providers (ANSP) and Aerodrome Operators on alert over the outbreak of Coronavirus. The General Manager, Public Affairs, Mr Sam Adurogboye made this known in a statement issued in Lagos on Thursday. Adurogboye said the alert was contained in a letter by the […]

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Oshiomhole’s removal: Court makes decision

A Federal Capital Territory, FCT High Court, in Jabi, on Thursday declined the Ex-Parte Application filed by the National Vice Chairman, North East of the ruling All Progressives Congress APC, Comrade Mustapha Salihu, a factional Chairman of the APC in Edo state, Anselm Ojezua and others, seeking to remove the National Chairman of the party, […]

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Amotekun: Akeredolu reveals ‘major’ agreements Southwest governors reached with Osinbajo

The Ondo State Governor and Chairman of the Southwest Governors, Rotimi Akeredolu, has disclosed what was agreed upon during the meeting with the Vice President, Yemi Osinbajo with regards to Amotekun. Akeredolu said governors of the region and Osinbajo agreed on a legal framework to be established to backup the region’s security outfit. Recall that […]

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Police arrest pensioners during protest in Abia

The Police in Abia State, on Thursday arrested two pensioners in Umuahia for allegedly organising a protest against state government’s alleged failure to pay their pension arrears. The arrested persons included Daniel Amugo and Chukwuemeka Augustus, the Chairman and Secretary of a group, called Abia State Concerned Pensioners. Speaking with newsmen, the Vice Chairman of […]

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Archbishop of Canterbury breaks silence on Boko Haram killing of CAN Chairman, other Christians

The Archbishop of Canterbury, Most Revd Justin Portal Welby has reacted to the killing of Lawan Andimi, chairman of the Christian Association of Nigeria (CAN) in Michika Local Government Area of Adamawa State by Boko Haram insurgents. Andimi was abducted by Boko Haram when they attacked Michika on January 3. Initially, he was declared missing […]