Update: Obi Cubana regains freedom from EFCC custody
At last, popular socialite, Obinna Iyiegbu, known as Obi Cubana has regained his freedom from the custody of the Economic and Financial Crimes Commission (EFCC). A source in the anti-graft agency told The Star that Obi Cubana has met his bail conditions. He was released before 6p.m. He has taken to Instagram to share his photo. Obi Cubana was quizzed on Monday at the...
Building collapse: Sanwo-Olu suspends LASBCA GM over approval
Governor Babajide Sanwo-Olu has suspended the General Manager of the Lagos State Building Control Agency (LASBCA), Mr. Gbolahan Oki. The suspension, which is indefinite, is with immediate effect. The suspension has to do with the approval of the collapsed building. Oki, an architect, had on Monday disclosed that the owner of the collapsed 21-storey building, under construction in Ikoyi, was given approval to...
Update on building collapse: 9 persons rescued, 14 bodies evacuated – Lagos govt
Deputy Governor of Lagos State, Dr. Obafemi Hamzat, has said that a total of nine persons have been brought out alive from the rubbles of the building collapse in Ikoyi. The Lagos State Government stated that 14 others were brought out dead as at 2p.m. At the scene of the building collapse on Tuesday, Hamzat said 10 bodies were removed from...
Road projects: DMO to issue N250bn Sovereign Sukuk
The Debt Management Office (DMO) is set to issue another Sovereign Sukuk of N200 – N250 billion this year to finance critical road projects across the country. Already, DMO has appointed Transaction Parties through the Open Competitive Bidding Process for the issuance of this fourth Sovereign Sukuk. The Transaction Parties and their respective roles are: *Issuing Houses – Stanbic IBTC Capital...
Presidency: Why PDP’ll defeat APC in 2023, by Okowa
The need to rescue Nigeria We need to recreate hope; we need to make them believe that Nigeria is one, that Nigeria is a united country and that there is hope for a new Nigeria. With the successful conduct of our national convention, we have sent the message with the right conviction to Nigerians that PDP is truly ready to rescue...
NNPC allays fear over fuel scarcity, says 1.7bn litres in stock
The Nigerian National Petroleum Corporation (NNPC) has allayed fears of any hitch in petroleum products supply following reports of resurgence of queues in some parts of the country. Malam Mele Kyari, Group Managing Director, NNPC, gave the assurance while speaking at the Association of Energy Correspondents of Nigeria (NAEC) 2021 Strategic International Conference on Tuesday in Lagos. Kyari said NNPC’s objective...
NCC parleys stakeholders on 5G Spectrum auction
As part of activities lined up for the implementation of the Fifth Generation (5G) Technology Deployment Plan in the country, the Nigerian Communications Commission (NCC) will on Thursday in Lagos host a stakeholders’ engagement forum. The forum will afford industry stakeholders the opportunity to discuss the draft Information Memorandum (IM) for the upcoming auction of the 3.5 gigahertz (GHz) spectrum...
Court orders FG to pay Delta $1.638bn derivative arrears
A Federal High Court, Abuja, on Monday, ordered the Federal Government to pay $1.638 billion to Delta Government being 13 per cent derivative sum due as arrears of revenue payable to the oil-rich state. Justice Donatus Okorowo, while delivering the judgement, held that being a suit instituted to recover revenue accruing to the state government, it qualified for the undefended...
Defamation: Court orders newspaper to apologise, pay damages to El-Rufai
A High Court in Kaduna has ordered Today Publishing Company, publishers of The Union newspaper, to tender an apology and pay N10 million for defaming Governor Nasir El-Rufai of Kaduna. El-Rufai had approached the court in 2015 after The Union published false claims about his assets declaration, in suit number KAD/KDH/285/15, which had Today's Publishing Company Ltd. as defendant. Justice M.L. Muhammed of...
Kwara sanctions eight principals for collecting illegal charges
For collecting exorbitant and unapproved charges and items from students in the state schools system, the Kwara State Government has sanctioned eight school principals. The affected Principals have been queried. The schools affected are UBE Ita Ayisa, UBE Olunlade, UBE Ganmo, Senior Secondary School Ganmo, Senior Secondary School, Amoyo. Also affected are United Secondary School, Taiwo Isale; United UBE, Taiwo Isale; and...
