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  • 28 mins How FG generated N3.62trn from VAT in 4 years DailyTrust
    …Data shows tax net expanding   The Federal Government has generated a total of N3.62 trillion from Value Added Tax (VAT) in the last four years. Data sourced from the National Bureau of Statistics (NBS) showed that the value of VAT collected by the Federal Government has been on the rise from 2015 after President Muhammadu Buhari assumed office to 2018. Analysis of the data showed that in 2015, the government generated a total of N759.43 billion from VAT, but this value rose to N777.51 billion in 2016. In 2017, the value of VAT collected rose further to ... more
  • 29 mins NPL: AMCON wants Failed Bank Act reintroduced DailyTrust
    Worried by the resurgent huge toxic loans in the banking sector, Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has called on the Nigerian authorities to revisit the Failed Bank Act so that operatives in the banking sector would be made to account for their actions, just as he urged banks to immediately strengthen their risk management framework to stem the negative growth. Kuru who spoke in Lagos yesterday when he played host to officials of Risk Management Association of Nigeria (RIMAN) at AMCON Lagos office, said the reintroduction of the Failed Bank Act ... more
  • 30 mins FG to auction N100bn bonds March 27 DailyTrust
    The Federal Government will auction by subscription N100 billion worth of bonds on March 27, the Debt Management Office (DMO) has said. The DMO said in a circular on its website in Abuja, that the five-year re-opening bonds of N40 billion to mature in April 2023 was offered at 12.75 per cent. It said the seven-year re-opening bonds also of N40 billion to mature in March 2025 would be auctioned at 13.53 per cent. It added that the 10-year bonds, also re-opening, of N20 billion which would be due in Feb. 2028, would be auctioned at 13.98 per cent. According ... more
  • 30 mins Broadband penetration now 33% – NCC DailyTrust
    The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Garba Danbatta, has said the country’s broadband penetration increased to 33% as at February, 2019. Speaking while receiving a high-powered delegation from Bharti Airtel Group, led by Mandara Raghunath, Chief Executive Officer Airtel Africa, who paid him a courtesy visit, yesterday, in his office, Danbatta, however, expressed optimism that Nigeria can achieve 70% broadband penetration milestone in the next 5 years, even though a new national target of the penetration has not been made public yet. “We exceeded expectation of Nigeria as the broadband penetration was 31% as ... more
  • 31 mins Merger: NSE places Diamond Bank shares on full suspension DailyTrust
    Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc. The Nigeria Stock Exchange (NSE) in a notification to its dealing members posted on its website on Wednesday said the full suspension takes effect from March 20. “Dealing members are hereby notified that following the court sanction of the Scheme of Merger between Access Bank Plc and Diamond Bank Plc, trading in the shares of Diamond Bank has been placed on full suspension,” it stated. The exchange said the suspension was required to ... more
  • 32 mins FIRS denies calling for 50% increase in VAT DailyTrust
    The Federal Inland Revenue Service  (FIRS) has denied calling for a 50percent increase in Value Added Tax (VAT) during interactive meeting between Fowler and committee members of the Senate Finance Committee at the 2019-2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper ((PSP), statement from the service said yesterday. The statement said the Chairman of the service, Tunde Fowler on Tuesday called for an increase in the number of Nigerians and companies paying VAT and not for a 50 per cent increase in VAT rate. The statement also said although the chairman indicated that there should be an increase ... more
  • 33 mins Dangote Refinery flags off skills scheme for youth in host communities DailyTrust
    As part of efforts at making youth from its host communities employable, Dangote Petroleum Refinery & Petrochemicals Company, yesterday, flagged off a vocational training scheme that will inculcate necessary skills in the young men and women from Ibeju-Lekki area of its operation to make them marketable. Dangote Group Executive Director, Capital Projects, Mr Devakumar Edwin, said the initiative is a demonstration of Dangote Refinery’s commitment towards capacity building and youth empowerment in the country. The vocational skills scheme, which was launched in collaboration with the National Directorate of Employment (NDE) and the Nigerian Content Development and Monitoring Board (NCDMB), was ... more
  • 34 mins FG to banks: Support indigenous software developers DailyTrust
    The Federal Government has charged commercial banks in the country to support indigenous software developers in their banking operations. Director General of the National Information Technology Development Agency (NITDA) Dr. Isa Pantami said given the massive deployment of technology in the banking sector, the commercial banks should help in grooming indigenous software developers. He spoke in Lagos during a two-day roundtable conference on the use of local software in the financial sector organized by the CWG Plc. He said the banks would save enormous resources by supporting indigenous developers. Pantami noted that the indigenous developers may not have the capabilities ... more
  • 35 mins SON sensitises Kano students on product standardisation DailyTrust
    The Standards Organisation of Nigeria (SON) has taken the message of standards and quality to the Special Education School for Deaf and Partially Blind Students, Tudun Maliki, Kano, in continuation of its quality awareness programme to stakeholders in Kano State. Addressing the students, the SON Director General, Osita Aboloma, enumerated the dangers associated with substandard products, emphasising that they can be life threatening to consumers. Represented by Engr. Musa Bauchi, chairman Sensitization Committee, the SON chief executive explained the dangers associated with food products, electrical/electronic products like bulbs, cables as well as civil/building materials like iron rods and sandcrete blocks ... more
  • 37 mins ‘Patronage for Nigerian woodworks increasing but…’ DailyTrust
    Rakiyat Odunsi is the CEO of Interior Dimensions, a woodwork company. Her vision for promoting made-in-Nigeria products drove her into manufacturing woodwork which can compete favourably with the imported variety. In this interview, she spoke on what will make the furniture industry in Nigeria thrive.   Why did you decide to go into woodworks production? I am woodwork and an interior designer, a wife and a mother of three amazing children. I worked with an Israeli and a Nigerian firm for about 15 years. Though I studied accounting, while working as a sales person, I discovered that I was always ... more
  • 7 hours Etsu Patigi buried at country home DailyTrust
    The remains of a foremost northern traditional ruler, the Etsu Patigi, Alhaji Umar Chatta Ibrahim, has been buried in Patigi, in Patigi local government area of Kwara state on Wednesday. The burial witnessed by dignitaries from within and outside the state, was led by Governor Abdulfatah Ahmed of Kwara state. In his sermon at the occasion, the Chief Imam of Patigi, Sheik Musa Abdullahi, said that death is inevitable among creations of Almighty God, noting that everyone would taste death. The cleric, who enjoined people of the area to emulate virtues of the late monarch, said that they would make ... more
  • 7 hours Collapsed building: Bode George challenges Sanwo-Olu to modernize Lagos Island DailyTrust
    A former Deputy National Chairman of the Peoples Democratic Party (PDP) Chief Olabode George on Wednesday challenged the incoming governor of Lagos state, Babajide Sanwo-Olu, to take up the modernization of Lagos Island when he assumes office. George who is the Atona Oodua of Yorubaland spoke during a visit to the victims of the recent building collapse at Ita-Faaji area of Lagos state at the Lagos Island General Hospital. The PDP leader also tasked the minister of Works, Power and Housing, Babatunde Fashola, for allowing the displaced people of Ita-Faaji occupy his empty mansion on the same street. Chief Bode ... more
  • 7 hours We’re being attacked over Boeing 737 Max orders – Air Peace CEO DailyTrust
    As global reactions rage over the Boeing 737 Max plane which has been involved in accidents twice, the Chairman and Chief Executive Officer of Air Peace, Mr. Allen Onyema, has said the airline would await the outcome of investigations before making a decision on whether or not to cancel the order made by the airline. The airline, the largest domestic carrier in Nigeria in terms of fleet size, had made order for the delivery of the 10 B737 Max plane prior to the crash of Lion Air flight 610 in October 2018 in Indonesia and Ethiopian Airline flight 302 in ... more
  • 8 hours NBA gives Kano CP 48hours to tender apology for maltreating members DailyTrust
    The Nigerian Bar Association (NBA) Kano branch has asked the state Commissioner of Police, Muhammed Wakili, to immediately tender a public apology to the association within 48 hours for an alleged maltreatment and attack on its members while conducting their lawful duties. This was contained in a press statement signed on Wednesday by the association’s branch secretary, Barrister Mujtaba Adamu Amin, and issued to newsmen at a press briefing at the state chapter secretariat in Kano. “We demand an immediate public apology to the NBA for the attack on our members while on lawful duties within 48 hours of this ... more
  • 8 hours U-23 AFCON Qualifiers: Nigeria lose 0-2 to Libya DailyTrust
    Nigeria began the race towards the defence of their African Under-23 title on Wednesday on a sour note as they lost 0-2 defeat to their Libyan counterparts in Tunisia. The match played on the artificial turf of the Ben Guerdane Stadium in Bergandan, near Tunis was a first round first leg encounter in the qualification series. The News Agency of Nigeria (NAN) reports that Nigeria’s Olympic Eagles team were aiming to replicate their achievements of 2016. The Nigerian team featuring the likes of Villareal forward Samuel Chukwueze, Taiwo Awoniyi, Kelechi Nwakali, Azubuike Okechukwu and Dennis Bonaventure had an early setback ... more
  • 8 hours Police arrest 16 suspects over alleged armed robbery, others in Plateau DailyTrust
    The Plateau Police Command has arrested 16 suspects over armed robbery, criminal conspiracy, rape, culpable homicide, criminal intimidation and causing hurt, among other crimes in the last one month in the state. Mr Issac Akinmoyede, the Commissioner of Police in the state, said this while presenting the suspects to journalists on Wednesday in Jos. According to him, the suspects were arrested by officers and men of the command following intelligent reports. “The command has successfully received and investigated cases of culpable homicide, armed robbery, rape, criminal intimidation, causing hurt, among others, within the period under review. “In all these cases, ... more
  • 8 hours PDP urges INEC to organise transparent supplementary elections DailyTrust
    The Peoples Democratic Party (PDP) has urged the Independent National Electoral Commission (INEC) to ensure that Saturday supplementary elections scheduled to hold in five states are concluded in a transparent manner. PDP National Chairman, Mr Uche Secondus, made the call at the party’s 85th Emergency National Executive Committee (NEC) meeting in Abuja on Wednesday. Secondus said that the conduct of free, fair, and credible elections in the states would enable INEC to regain its credibility. He said that the attention of the INEC Chairman, Prof. Mahmoud Yakubu, was needed at the moment as the entire country and the international community ... more
  • 9 hours Atiku, governors absent at NEC meeting as PDP strategizes ahead of rerun polls DailyTrust
    The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar and all the governors elected on the platform of the party, were on Wednesday absent at the 85th emergency National Executive Committee (NEC) meeting of the party held in Abuja. This is coming barely a month after the party lost the presidential election based on results announced by the Independent National Electoral Commission (INEC). In the North East, Governors Darius Ishaku of Taraba state and Ibrahim Hassan Dankwambo of Gombe state were absent. In the North West, Governor Aminu Waziri Tambuwa of Sokoto state was absent while in the ... more
  • 9 hours Buhari’s Director of Music, Rarara denies report of assassination attempt DailyTrust
    A popular Kano Musician and National Director of Music for the Buhari 2019 Presidential Support Committee, Dauda Kahutu Rarara, on Wednesday denied reports of an assassination attempt on his life. Rarara who spoke with Daily Trust’s reporter on phone said he “knew nothing of it.” The rumour started making the round on Tuesday night that some unknown gunmen have attacked the musician in his studio along Zoo Road in Kano. The rumour added that the musician narrowly escaped before they set his studio ablaze. “It is all lie,” he said. “I knew nothing of it. Bashir, are you new in ... more
  • 9 hours Nigeria signs Safe School Declaration DailyTrust
    The Federal Executive Council (FEC) on Wednesday, at the Presidential Villa, Abuja, ratified the Safe School Declaration. Minister of Education, Adamu Adamu, disclosed this while briefing State House correspondents after the FEC meeting presided over by President Muhammadu Buhari. The Safe Schools Declaration is an inter-governmental political commitment that was opened for endorsement by countries at an international conference held in Oslo, Norway, on May 28 to May 29, 2015. According to Adamu, there have been a number of activities on the initiative, but Nigeria is now committed to implementing the Safe School guideline. “The Safe School initiative will come ... more
  • 9 hours Kano NBA demands apology over alleged police molestation of members DailyTrust
    The Nigerian Bar Association (NBA) Kano State Branch has given the state police command 48 hours to tender public apology to the association for allegedly attacking and maltreating its members while on their lawful duties. The Secretary of the association, Mujtaba Adamu-Ameen, gave the ultimatum while addressing a news conference in Kano on Wednesday. “Yesterday, Tuesday March 19, 2019 at around 2300 hours heavily armed policemen numbering about 30 in six Hilux Police vans, along side a political party member wearing red cap and some pressmen stormed an election petition secretariat. “Our colleagues were working at the secretariat in preparation ... more
  • 9 hours WOHD 2019: Poor oral health can negatively affect confidence — Expert DailyTrust
    The President, Nigerian Dental Association (NDA), Dr Evelyn Eshikena has said that poor oral health can negatively affect confidence, especially among children. This formed part of the messages conveyed to the audience at the 2019 World Oral Health Day celebration organized by Pepsodent in partnership with NDA. Dr Evelyn Eshikena stated, “The theme for this year 2019 celebrations: ‘Say Ahh!….Act On Mouth Health’, motivates all children, adults and the government to take tangible action towards oral health.Poor oral health can negatively affect a child’s confidence, social skills as well as potential for success later in life. Oral health is therefore, ... more
  • 9 hours Court sacks Cross River monarch DailyTrust
    A Cross River state High Court has sacked the paramount ruler of the Efuts in Calabar South LGA, Prof. Hogan Itam. The court, presided over by Justice Edem Ita Kooffreh, on Wednesday also restrained him from performing the duties and functions of those offices. The court order marked Suit No. HC/442/2018 had Etubom Nyong Effiom Okon; Etubom Micah Archibong; Etubom I. D. Henshaw; Etubom Okon Ekpenyong Eyamba; Etubom Bassey Ekeng and Etinyin Orok Asuquo as claimants while Governor Ben Ayade, John Eyikwaje who is the Special Adviser for Chieftaincy Affairs, the Attorney General and Commissioner for Justice as well as ... more
  • 9 hours Ebonyi governor criticizes FG’s plan to increase VAT DailyTrust
    The governor of Ebonyi state, Engr. David Umahi has criticized the plan by the federal government to increase Value Added Tax (VAT) from 5 percent to 35 percent in order to enable it pay the new minimum wage to workers. He disclosed this on Wednesday when workers assigned to his office at the Government House, Abakiliki gathered to congratulate him over his victory at the just concluded poll. He described the concept as digging a hole to fill a hole. Umahi, who stood elected for second tenure in office however, told the people of the state and Nigerians not to ... more
  • 10 hours Mob sets suspected criminal ablaze in Oro town DailyTrust
    An irate mob on Wednesday set a criminal suspect ablaze in Oro town, Irepodun local government area of Kwara state, over his alleged perennial criminal activities. It was gathered that the irate mob had besieged the Oro police station early Wednesday morning, where the suspect, simply identified as Femi, was being detained, demanding his release to them for “proper judgement”. It was also gathered that the suspect had always been in and out of police detention for several criminal offences in the past. Witnesses’ accounts said that the police refused to yield to demand of the people, resulting in melee, ... more
  • 12 hours Oshiomhole in court for contempt DailyTrust
    The post Oshiomhole in court for contempt appeared first on Daily Trust. ... more
  • 13 hours AEDC meters 54% customers, eyes 500,000 more with MAP policy DailyTrust
    The Abuja Electricity Distribution Company (AEDC) said it is ready to deploy 500,000 meters using Meter Assets Providers (MAP) firms it has procured, to completely meter all its customers. The Managing Director of Copperbelt Energy Corporation (CEC), the core investor of AEDC, Mr Emmanuel Katepa in an interview on Wednesday said, “We have been ready for a while as we have taken our contracts to the Nigerian Electricity Regulatory Commission (NERC) for approval. AEDC as last mid-year has metered 54 percent of customers. “Before MAP, we had a 222,000 metering contract. We expect another 500,000 units under MAP which will ... more
  • 13 hours Go for TB test, Aisha Buhari tells people battling with cough  DailyTrust
    The Wife of the President, Aisha Muhammadu Buhari, has called on Nigerians to go for Tuberculosis (TB) test, saying it’s one of the world’s most deadly diseases. Aisha, who is a TB Ambassador, said the clearest danger signal was two weeks of uninterrupted cough, and confirmed that the disease was treatable and curable. The president wife, in a statement by her spokesperson, Suleiman Haruna, said with proper diagnosis and treatment, patients can overcome the disease and live normal lives. “We should not be caught unawares. Once you notice a cough that has refused to go after two weeks, visit a ... more
  • 13 hours AD Jafaru dies at 85 DailyTrust
    The former Director of Land Administration of old Kaduna state, Alhaji Abubakar Dantsoho Jafaru, on Wednesday died at the age of 85 years. Family source confirmed his death to Daily Trust shortly after his funeral prayer led by the Imam of Yahaya Road Mosque in Kaduna, Sheikh Mukhtar Muhammad Azare. Hundreds of sympathisers including former colleagues, traditional rulers, senior government officials, politicians, family friends and other well-wishers throng the funeral prayers and burial. The source said that the decease died on Wednesday morning after a protracted illness and is survived by two wives and 22 children and grandchildren. The post ... more
  • 13 hours General Abdulsalami harps on peaceful election in Benue DailyTrust
    A former military Head of State and Chairman of National Peace Committee (NPC), General Abubakar Abdulsalami (rtd), on Wednesday harped on a free, fair and peaceful conduct of this Saturday’s governorship and state House of Assembly supplementary elections in Benue state. Abdulsalami, who spoke at a town hall meeting of the NPC in Makurdi, stressed the need for peaceful election in the state so as to engender development in the society. Represented by George Nakanda, the Media Officer of Kukah Centre, the former head of state said, “We are trying to enforce a situation where there are peaceful elections and ... more
  • 13 hours Pregnant woman, 2 children killed in Anambra fire — Police DailyTrust
    The police command in Anambra has confirmed the death of a pregnant woman and her two children in a fire at Umuoffor Village, Okija, Ihiala Local Government Area of the state. Mr Haruna Mohammed, the Police Public Relations Officer, confirmed the incident in a statement made available to newsmen in Onitsha on Wednesday. Mohammed said that the victims were at their residence when the incident occurred. Narrating the incident, he stated: “On March 19, at about 7:30 pm, there was a fire at Umuoffor Village, Okija, at the residence of one Maxwell Okeke. “As a result, his pregnant wife, Mrs ... more
  • 13 hours NDLEA discovers illegal laboratory in Enugu DailyTrust
    The National Law Drug Enforcement Agency (NDLEA), Enugu State Command, says it has discovered an illegal laboratory manufacturing methamphetamine in the state. The NDLEA Commander in the state, Mr Adeyemi Adeofe, disclosed this on Wednesday in Enugu, while parading the three suspects allegedly involved in the illegal business. Adeofe said that the command had on Saturday, following intelligence report arrested two suspects with 100kg of Ephedrine used in producing methamphetamine. He said that a follow-up operation on Sunday led to the arrest of the third suspect at Zion Avenue, Phase 2, Trans Ekulu, Enugu where the laboratory was located. He ... more
  • 13 hours Boni Haruna commends Army’s response to Boko Haram attacks in Michika DailyTrust
    Former Governor of Adamawa State, Boni Haruna has hailed the effort of the Nigerian Army as well other security agencies over their prompt and gallant response to Boko Haram attacks in his community, Michika. Boko Haram insurgents on Monday attacked Michika town, the headquarters of Michika Local Government Area of Adamawa State barely few days to the supplementary election, but the Nigerian Army in a gallant response quelled the uprising by neutralizing the terrorists who came in their numbers. Mr Haruna in a statement signed personally by him said “It is quite worrisome for Michika to once again experience such ... more
  • 13 hours Navy seize ship, 523 bags of rice, 18 suspects for illegal AGO bunkering, smuggling DailyTrust
    The Nigerian Navy, Forward Operating Base, Ibaka in Mbo local government area of Akwa Ibom state has seized a ship and arrested 12 crew members for alleged illegal bunkering of Automotive Gas Oil (AGO). Six suspects were also arrested in connection with the smuggling of 523 bags of 50kg contraband rice said to be smuggled from the Republic of Cameroon, with three 40 horsepower outboard engines, one pumping machine, one wooden boat and 52 empty plastic drums. Speaking on Wednesday in Ibaka during the hand-over of the ship, suspects and items to the Economic and Financial Crimes Commission (EFCC), and ... more
  • 13 hours Benue re-run poll: Jime wants security to watch Ortom, Suswam, others DailyTrust
    Ahead of Saturday’s supplementary elections in Benue state, the All Progressives Congress (APC) governorship candidate, Barrister Emmanuel Jime, has called on security agencies in the state to carefully watch Governor Samuel Ortom, ex-Governor Gabriel Suswam and two others. Jime through his media aide, Deputy Director, Communications of Jime/Ode Campaign Organisation (JOCO) 2019, Kula Tersoo, also requested that ex-Interior Minister, Comrade Abba Moro and a House of Representatives member-elect, Herman Hembe should be held responsible if there is breakdown of law and order during the Saturday’s rerun election in the state. “These people have track records of mischief and association with ... more
  • 16 hours We’re still negotiating with abductors of Sheikh Sulaiman — Family  DailyTrust
    The family of the kidnapped famous Kano Qur’anic reciter, Sheikh Ahmad Sulaiman, says they are still negotiating with the abductors of the scholar regarding ransom demanded. Speaking on behalf of the family, Malam Muhammad Kabir, said negotiation was still ongoing between the abductors and the family of the kidnapped scholar. He said, “We have not arrived at a conclusion, so I cannot tell the exact amount they (abductors) are demanding from the family for now. But there is progress in the deal. “I can assure the entire Muslim ummah that Sheikh Sulaiman is in good condition and that we are ... more
  • 17 hours Court to hear contempt suit against Oshiomole April 3 DailyTrust
    An FCT High Court in Bwari has fixed April 3 for hearing in a contempt suit filed against the national chairman of the All Progressives Congress (APC), Adams Oshiomole and the party. The plaintiff, Daniel Nwafor, the chairman of the APC in Imo state, instituted the suit following alleged disobedience of the court judgment which recognized him as the authentic chairman of the party in the state. The judgment was given in a suit filed by one Evans Enwerem in 2018 challenging the conduct of the Ward, Local Government and State congresses of the APC in Imo State. The court, ... more
  • 17 hours Minister mourns death of emir of Patigi DailyTrust
    The Minister of Information and Culture, Alhaji Lai Mohammed, has described as a huge shock and a monumental loss the death of the Emir of Patigi, Alhaji Ibrahim Chatta Umar. In a statement issued in Abuja on Wednesday, the Minister condoled with the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, the government and people of Kwara and, in particular, the people of Patigi over the loss. He described the late Emir, who was the Vice Chairman of the State’s Traditional Council, as a man of peace, a great custodian of his people’s culture and a father to all, saying his wise ... more
  • 17 hours Just in: APC, PDP senators clash over militarization of elections DailyTrust
    Senators of the ruling All Progressives Congress (APC) and the Peoples Democratic Party (PDP) on Wednesday clashed over a motion on the alleged militarization of the just concluded elections. The motion, sponsored by Dino Melaye (PDP, Kogi) and seven others, alleged that the entire electoral process was militarized and that the electoral umpire was inconsistent with the laws of the land. He said the development posed a serious threat to the country’s democracy with security implications that must be nipped in the bud. However, soon after Dino’s submission, Minority Leader Biodun Olujimi (PDP, Ekiti) in her contribution said the whole ... more
  • 17 hours Saraki mourns Etsu Patigi DailyTrust
    President of the Senate, Dr. Abubakar Bukola Saraki, has expressed sadness over the death of a foremost traditional ruler in Kwara State, the Etsu Patigi, Alhaji Umar Chatta Ibrahim. Saraki in a statement by his Special Adviser (Media and Publicity), Yusuph Olaniyonu, described the late royal father as a man of peace whose reign witnessed monumental development in his domain in particular and Kwara State, in general. “Alhaji Umar Chatta Ibrahim was an older friend and an ardent supporter. I will personally miss his advise and fatherly disposition. He was always an apostle of peace and good relationship between the ... more
  • 18 hours Breaking: Gunmen attack worshipers on their way to mosque in Osogbo DailyTrust
    Muslims at Aleluya Estate in Osogbo, Capital of Osun State escaped deaths by a whisker this morning as suspected gunmen trailed them on their way to mosque. The Muslims in the area said some men carrying guns trailed and tried to shoot at them on their way to the mosque for the early morning ‘Subuhi’ prayer, . The suspect One of the victims who made distress call to his relatives to seek help, said that his brothers also face similar experience. The Deputy Commissioner of Police in the state, Mr Abu Mustapha who heard about the incident mobilised policemen ... more
  • 18 hours PDP reacts to Agbaje’s defection rumour DailyTrust
    The Peoples Democratic Party (PDP) in Lagos has dismissed the rumour making the rounds that its governorship candidate in the just concluded election, Mr. Jimi Agbaje has dumped the party. State Secretary of the party, Prince Muiz Dosumu state this in a statement to debunk the trending online report about the purported defection and resignation of Agbaje from partisan politics. His terse statement issued this morning read: “This is to disclaim the rumour going round , that our governorship candidate, Mr Olujimi Agbaje, has left the PDP. “This is an absolute fallacy and could only have happened in the imagination ... more
  • 18 hours PDP emergency NEC meeting holds today DailyTrust
    Members of the National Executive Committee (NEC) of the Peoples Democratic Party (PDP) will this afternoon hold an emergency meeting at the party’s national secretariat in Abuja. Our correspondent gathered from reliable sources that the meeting would discuss the rerun elections slated for Saturday and review strategies aimed at getting victory at the Presidential Election Petition Tribunal. Meanwhile the PDP has petitioned the National judicial Council (NJC) over what it termed violation of the Constitution and Electoral Act by Justice Ekwo Inyang of the Federal High Court, Abuja. The party said Justice Iyang presided over a matter that ought to have ... more
  • 18 hours Man, 40, remanded for homicide DailyTrust
    A Kano based Chief Magistrates Court sitting at No Mans Land, Sabon Gari has ordered the remand of a 40-year-old man Jibrin Adam over alleged culpable homicide. Chronicle gathered that the accused person would remain in custody pending the advice of Department of Public Prosecution (DPP). Adamu was arraigned on one count charge for culpable homicide contrary to section 222 of the Penal Code Law. The prosecutor told the court that the offence was committed on 9th February, 2019 at Kwanar Huguma Village, in Takai local government area of Kano state. He said accused person used knife to stab one ... more
  • 18 hours Kano re-run: Police assure residents of safety DailyTrust
    Kano state police command has assured residents of the state capital of adequate security before, during and after the forth-coming gubernatorial re-run election in some selected polling units in the state. The March 9th governorship election was declared inconclusive by the independent national electoral commission on the basis that the margin between the two front runners Engr. Abba Kabir Yusuf of the PDP and the incumbent governor and candidate of the APC, Dr Abdullahi Umar Ganduje was less than total rejected votes. Speaking to Chronicle police spokesman, DSP Abdullahi Haruna said the command would receive reinforcement from neighbouring states to ... more
  • 23 hours FG to increase VAT, adjust 2019 budget DailyTrust
    …as Senate okays N30,000 minimum wage   Experts speak   The Federal Government would send request to the National Assembly for adjustments to the 2019 budget to reflect ways of sourcing funds to pay the new national minimum wage which was approved by the Senate yesterday. Minister of Budget and National Planning Udoma Udo Udoma said this yesterday during an engagement with the Senate Committee on Finance on the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The minister said government had plans to constitute a panel that would come up with ways of increasing revenues ... more
  • 23 hours Zamfara bandits have more weapons than security agencies – Yari DailyTrust
    Governor Abdulaziz Yari of Zamfara State yesterday raised the alarm that armed bandits operating in the state possess more weapons than the security agencies in the state. Daily Trust reports that, in the last five years, Zamfara has been facing the menace of armed banditry. Thousands of people have been killed, while kidnapping has become a daily affair in the state. Speaking to journalists after a meeting with President Muhammadu Buhari at the State House, Yari said in one of the armories of the bandits, they saw over 500 AK-47. The governor who is completing his second term on May ... more
  • 23 hours Buhari rejects two bills as Reps adjourn to April 2 DailyTrust
    President Muhammadu Buhari has declined assent to two bills passed by the National Assembly, citing discrepancies with global best practices and duplication of duties of already existing agencies. The bills are the Chartered Institute of Training and Development of Nigeria Bill and the Nigerian Aeronautic Research Rescue Bill. The president conveyed his decision to decline his assents to the bills yesterday, via a letter transmitted to the House of Representatives, and read on the floor of the House during plenary by Speaker Yakubu Dogara. According to the letter, Buhari’s decision to decline assent to the Chartered Institute of Training and ... more
  • 23 hours Why I can’t comment on presidential election – Obasanjo DailyTrust
    Former President Olusegun Obasanjo yesterday said he cannot comment on the recently held presidential election in the country because the matter is before the tribunal. Obasanjo, who was speaking in Abuja at the launch of a book titled “Election in Nigeria: The Long Road to Democracy” by Professor Abdullahi Shehu, said he was of the opinion that commenting on the election at this stage could be tagged sub-judice. He, however, noted that without integrity, any election is a farce, adding that any election that is a farce cannot underpin democracy or good governance. He added that the main thrust of ... more
  • 23 hours FOIA: Bureau wants repeal of Secrets Act DailyTrust
    The Bureau of Public Service Reforms (BPSR) has called for repeal or amendment of conflicting laws like the Official Secrets Act (OSA), Public Complaints Commission Act and Criminal Code, among others that affect the effective implementation of the Freedom of Information Act (FOIA) to avoid perceived conflicting with the Act. The acting Director-General of the Bureau, Mr. Dasuki I. Arabi, made the call yesterday in Abuja at the launch and public presentation of the “Policy Brief and Recommendations on Strengthening the Implementation of the Freedom of Information Act in the Nigeria Federal Public Service.” The 54-page brief summarizes the results ... more
  • 23 hours 7 die as truck plunges into river in Kogi DailyTrust
    Seven persons lost their lives yesterday when a truck in which they were travelling plunged into a river at KotonKarfe community on the Lokoja-Abuja Highway. Kogi State Sector Commander of the Federal Road Safety Corps (FRSC), Mr Emmanuel Abe, who confirmed the incident, said that the truck plunged into Enyogi river, a tributary of River Niger at about 5am. He said 37 persons were involved in the accident and that many other passengers sustained varying degrees of injury. According to him, both the injured and dead were taken to the Federal Medical Centre and the Kogi State Specialist Hospital both ... more
  • 23 hours Family wants killers of Col. Barak fished out DailyTrust
    The family of the slain Colonel Muhammad Barak has urged the Federal Government to fish out and punish his killers. Barack, from Kano State, who was the Garrison Commander of 33 Artillery Brigade of the Nigerian Army in Shadawanka Barracks, was reportedly killed by gunmen on the Bauchi-Jos Road on Sunday while riding a power bike from Kaduna. His uncle, Alhaji Muhammad Bello Barak, told Daily Trust that all the family wanted was justice. “We were only told that killers of late S’Barak came down from a hill in Mile 9 (Mil Tara) village along the Bauchi-Jos Road and opened ... more
  • 23 hours Boeing to release ‘related’ pilot training on 737 Max DailyTrust
    American plane maker, Boeing, said yesterday that related pilot training on the Boeing 737 Max would be released soon in addition to the earlier planned software update. Chairman, President and CEO of the Boeing Company, Dennis Muilenburg, in a message yesterday in the wake of the Ethiopian Airline flight 302 crash and the global grounding of the Max fleet, assured of “relentless commitment to make safe airplanes even safer. “Soon we’ll release a software update and related pilot training for the 737 MAX that will address concerns discovered in the aftermath of the Lion Air Flight 610 accident,” Muilenburg said. ... more
  • 23 hours Alleged N2.2bn fraud: Obanikoro concludes testimony against Fayose DailyTrust
    The fifth prosecution witness and former Minister of State for Defence, Musiliu Obanikoro, yesterday concluded his testimony against a former governor of Ekiti State, Ayodele Fayose, who is standing trial before Justice Mojisola Olatoregun at the Federal High Court in Lagos over an alleged N2.2bn fraud trial. Fayose was arraigned by the Economic and Financial Crimes Commission in Oct. 22, 2018, alongside a company Spotless Investment Ltd on 11 counts. He had pleaded not guilty to the charges, and the court had granted him bail in the sum of N50 million with one surety in like sum. The court adjourned ... more
  • 23 hours TUC, LCCI applaud Senate for approving N30,000 minimum wage DailyTrust
    The Trade Union Congress (TUC) yesterday applauded the Senate for approving N30,000 as new minimum wage. According to the organized labour Secretary-General, Musa Lawal, the passage of the new wage bill was a good move. “It is a fantastic job done at the twilight of their tenure. The approval has a redeeming effect on their image. We commend them nonetheless”, he stated In the same vain, the Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, described the passage of the bill as a step in the right direction. “This is a good thing for the fact ... more
  • 1 day Buhari to declare open 40th Kaduna trade fair DailyTrust
    The president of the Kaduna Chamber of Commerce, Industry, Mines and Agriculture, Dr. Muheeba F. Dankaba, has said that President Muhammadu Buhari is expected to declare open the 40th Kaduna International Trade Fair. Dankaba, who made this known when she led other members of the chamber on a courtesy call to the head office of Daily Trust newspapers in Abuja, said more than 70 local and international exhibits are expected at this year’s event. She said the 10-day event will start on Friday, March 29 but the official opening ceremony will be performed by President Muhammadu Buhari on Saturday, March ... more
  • 1 day Minister: Nigeria will reap big economic benefits from forensic law DailyTrust
    The Minister of Science and Technology, Dr. Ogbonnaya Onu, has said Nigeria will reap enormous economic benefits if the proposed bill on the establishment of Chartered Computer Forensics Institute of Nigeria sails through. Dr. Onu said this when he received a foremost computer Forensic guru and the CEO of First Techno-Law Forensics Co. Ltd, Dr. Peter Olayiwola who led members of  Chartered Computer Forensics Institute of Nigeria in a courtesy visit to the minister in his office in Abuja. Dr. Onu said the Executive Order 5 would enable Nigerian professionals in various fields who have the necessary skills and ability ... more
  • 1 day Cotton farmers target 300,000 tonnes production under CBN policy DailyTrust
    The National Cotton Association of Nigeria (NACOTAN) says it is targeting the production of between 240,000 and 300,000 tonnes of cotton in 2019. Mr Anibe Achimugu, the president of NACOTAN, made the disclosure in an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday. Achimugu said the set target would be achieved under the Central Bank of Nigeria’s Anchor Borrowers’ Programme (ABP). According to him, the association produced an estimated 60,000 and 80,000 tonnes of seed cotton in 2018. “This year, I believe that we will be able to achieve a minimum of 240,000 tonnes and a ... more
  • 1 day Med-View CEO urges implementation of VAT waiver for airlines DailyTrust
    The Managing Director/CEO of Med-View Airline Plc, Alhaji Muneer Bankole, has called on the Federal Government and its relevant agencies to fast-track the implementation of the exemption granted domestic airlines from payment of Value Added Tax (VAT). Daily Trust reports that the Federal Executive Council (FEC) had issued an executive order nine months ago to exempt airlines from VAT payment. But since the order was issued, it was yet to be implemented by relevant authorities especially the Federal Inland Revenue Service (FIRS) as airlines confirmed they were still being asked to pay VAT despite the presidential order. Bankole confirmed that ... more
  • 1 day Cargo airport to unlock potentials of Nasarawa – Al-Makura DailyTrust
    The Nasarawa cargo airport under construction will unlock the potentials in the state, Governor Umaru Al-Makura has said. The governor, who stated this when he visited the construction site in Kwandare town in Lafia Local Government Area, said “the cargo airport when completed and commissioned, will attract investment to Nasarawa State.”   The post Cargo airport to unlock potentials of Nasarawa – Al-Makura appeared first on Daily Trust. ... more
  • 1 day Sack of 47 pilots saddest day of my life – Ore, Airways veteran DailyTrust
    A  former Director of Flight Operations of the defunct Nigeria Airways, Capt. Dele Ore, has reflected on his sojourn in the airline, recalling how 47 pilots were sacked in one day. He also recalled that he was fired three times and reinstated until he became the Chief Pilot and eventually the Director of Flight Operations of the once blossoming airline which was liquidated in 2005 by former President Olusegun Obasanjo. Ore, popularly known as Veteran in aviation, reminisced on his days in the airline while briefing newsmen on the launch of his autobiography titled, “The Learned Commander” slated for launch ... more
  • 1 day Auto stakeholders discuss industry challenge at NAJA training DailyTrust
    Critical stakeholders in the auto industry in Nigeria are to rub minds on challenges facing the sector towards galvanizing it to contribute significantly to the country’s Gross Domestic Product (GDP). The forum is the annual Nigerian Auto Journalists (NAJA) capacity building and training workshop designed to boost human capacity for journalists reporting the automotive sector in the country. It would be recalled that while Ford Motors South Africa (FMCSA) in collaboration with Coscharis Motors – its local franchisee – were the lead sponsors of the first and second editions held in 2016 and 2017 with its global Driving Skill For ... more
  • 1 day Tattered life of Almajiri amidst plenty DailyTrust
    The sight of young mendicants roaming the streets begging for food and alms is common in most cities of northern Nigeria. Daily Trust reports on the kind of chores they perform while on the streets.   Sani is only nine years old but he left his native Zamfara at age six and is fending for himself in Zaria as an almajiri. His life follows a regular pattern as our correspondent trailed him from his school in Tudun Jukun, Zaria to Tudun Wada, Zaria market. Sani would Jump from one end of the street to the other, stopping over to scavenge ... more
  • 1 day Afreximbank identifies factoring as solution for small biz financing DailyTrust
    The African Export-Import Bank (Afreximbank) has made a case for factoring as a viable and sustainable solution to address the challenge of access to financing which is hindering the growth of Africa’s small and medium-scale enterprises (SMEs). Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Kanayo Awani, Managing Director of Intra-African Trade Initiative at Afreximbank, said during a factoring promotion conference ... more
  • 1 day UNESCO TAP to train 1.2m youth on entrepreneurship in 10yrs DailyTrust
    The United Nations Educational, Scientific and Cultural Organisation (UNESCO) TAP project has a target to train about 1.2 million youth on various entrepreneurial skills in Nigeria in the next 10 years. It hopes to train 120,000 youths on the project per annum. Speaking, yesterday, in Abuja when the UNESCO Read and Earn Federation and Association of Business Executives (UK) signed a Memorandum of Understanding, President UNESCO Read and Earn Federation, Prince Abdulsalami Ladigbolu, said the objective of the synergy is to encourage entrepreneurship among Nigerian youths for job creation. He said the MoU was also aimed at improving the standard ... more
  • 1 day Traders excited over Kubwa market renovation DailyTrust
    Traders at the newly constructed Kubwa market have commended the Bwari Council for modernising the market. Madam Chioma Obunselu, a second hand clothes seller at the Maitama Ultra-Modern Market, Kubwa, said she used to display her products along the old market roadside before it was demolished. “Before, we used to quarrel with okada riders and commercial bus operators for space, now I have managed to secure a shop in the new market and it’s a dream come true,” she said, while expressing her happiness over the renovation of the Maitama Ultra-Modern Market, Kubwa. Another trader, Best Ogbedengbe, who deals in ... more
  • 1 day Nasarawa Gov–elect pledges support to NSUK DailyTrust
    The governor-elect of Nasarawa State, Engineer Abdullahi Alhaji Sule, has pledged to support Nasarawa State University, Keffi, to attain greater heights. He gave the assurance when the acting Vice Chancellor of the University, Professor Suleiman Bala Mohammed, led the management to pay him a congratulatory visit. “My administration will ensure that the state-owned university is supported to attain global recognition through collaboration with reputable international institutions. And I will continue from the gains already made by the administration of Governor Umaru Al-Makura and those before him. “I am proud of the university; my dream is to see the university excel, ... more
  • 1 day El-Rufai inaugurates transition committee DailyTrust
    Kaduna state governor, Nasir El-Rufai, on Tuesday inaugurated members of the state’s Transition Committee ahead of May 29. He said the committee will appraise his administrations’ work in the last four years to enable him put workable plans together for the next four years – in his second tenure in office. El-Rufai, who was represented by the secretary to the State Government and Vice Chairman of the Committee, Balarabe Abbas, said the committee will lay emphasis on the concept of ‘Putting people first’, which is the fulcrum of his administrations’ agenda. He said the choice of “Putting people first” as ... more
  • 1 day NNPC to extend Ajaokuta-Kano gas pipeline to Algeria DailyTrust
    The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said the NNPC was considering extending the ongoing Ajaokuta – Kaduna – Kano (AKK) gas pipeline system across the Sahara to Algeria in North Africa. The NNPC GMD disclosed this during a courtesy call on him by the Petroleum Technology Association of Nigeria (PETAN) Executive in Abuja on Tuesday. The AKK gas pipeline, Daily Trust reports, is designed to enable gas connectivity between the East, West and North of the country, which is currently inadequate. It would also enable gas supply and utilization to key ... more
  • 1 day Boeing to release ‘related’ pilot training on 737 Max DailyTrust
    American plane maker, Boeing has said related pilot training on the Boeing 737 Max would be released soon in addition to the earlier planned software update. The Chairman, President and CEO of the Boeing Company, Dennis Muilenburg in a message on Tuesday in the wake of the Ethiopian Airline flight 302 crash and the global grounding of the Max fleet assured of “relentless commitment to make safe airplanes even safer”. “Soon we’ll release a software update and related pilot training for the 737 MAX that will address concerns discovered in the aftermath of the Lion Air Flight 610 accident”, Muilenburg ... more
  • 1 day Bauchi governorship: PDP rejects court order stopping final collation of election results DailyTrust
    The Peoples Democratic Party (PDP) has rejected what it termed “the arm-twisting” of the judiciary by the ruling All Progressives Congress (APC) to halt the conclusion of collation of already declared results in the Bauchi state governorship election. The party, in a statement on Tuesday night by its National Publicity Secretary, Kola Ologbondiyan, described the act as unconstitutional. The party said the development is akin to the “infamous order” that derailed the 1993 democratic process, adding that the current order was part of plots by the APC and “certain compromised” elements in the Independent National Electoral Commission (INEC) to escalate ... more
  • 1 day Trump renews attack alleging social media’s political bias DailyTrust
    U.S. President Donald Trump on Tuesday accused social media platforms Facebook, YouTube and Twitter of favoring his Democratic opponents over him and his fellow Republicans. “But fear not, we will win anyway, just like we did before! #MAGA. “MAGA refers to Trump’s 2016 campaign slogan, Make America Great Again,” he said in a tweet. Facebook Inc and Twitter Inc declined to comment, while Alphabet Inc’s Google, which owns YouTube, did not immediately comment. The president and other conservatives have repeatedly complained that these big tech platforms treat them unfairly. Trump has previously accused Twitter of restricting the visibility of prominent ... more
  • 1 day Bauchi oil search: We have drilled up to 6,700ft so far – NNPC GMD DailyTrust
    The Kolmani River-II Well which drilling was flagged off last month by President Muhammadu Buhari is progressing satisfactorily, with drilling of 6,700 feet so far, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said. Dr. Baru stated this while receiving an award presented to him by the Petroleum Technology Association of Nigeria (PETAN) Executive in Abuja on Tuesday. According to a statement by NNPC spokesman, Ndu Ughamadu, Baru explained that the target was 14,200 feet, although the depth could be longer depending on findings. Daily Trust reports that it is the drilling operations ... more
  • 1 day FOIA: BPSR wants Official Secret Act, others repealed DailyTrust
    The Bureau of Public Service Reforms (BPSR) has called for repeal or amendment of conflicting laws like the Official Secrets Act (OSA), Public Complaints Commission Act and Criminal Code, among others that affect the effective implementation of the Freedom of Information Act (FOIA) to avoid perceived conflicts with the Act. The Acting Director-General of the Bureau, Mr. Dasuki I. Arabi, made the call on Tuesday in Abuja at the launch and public presentation of the “Policy Brief and Recommendations on Strengthening the Implementation of the Freedom of Information Act in the Nigeria Federal Public Service”. The 54-page brief summarizes the ... more
  • 1 day NNPC to extend AKK project to North Africa DailyTrust
    The Group Managing Director of NNPC, Dr Maikanti Baru, says the corporation is considering the extension of Ajaokuta-Kaduna-Kano (AKK) gas pipeline project to Algeria to ensure African integration. Baru disclosed this in a statement issued by the corporation in Abuja on Wednesday. “The AKK gas pipeline to Algeria was in furtherance of its African integration drive, Baru said, adding that it was also in line with plans to extend the West African Gas Pipeline, (WAGP) to Morocco. Baru spoke when the executive officers of the Petroleum Technology Association of Nigeria (PETAN) paid him a visit in Abuja. He also said ... more
  • 1 day My position stands, but I’ll not abandon Atiku – Gbenga Daniel DailyTrust
    A former Ogun state governor, Otunba Gbenga Daniel on Tuesday insisted that his departure from partisan politics stands, having committed 20 years of his life to what he labelled a “thankless process.” He also ruled out insinuations in some quarters that he had abandoned the Peoples Democratic Party (PDP) Presidential candidate, Atiku Abubakar, saying “Atiku is different from PDP.” Daniel who was the Deputy Chairman of PDP Presidential Campaign Council (South) in the just concluded election, also served as Atiku’s Campaign Director General during the party’s primaries. Daily Trust recalls that Daniel had resigned from PDP and equally announced his ... more
  • 1 day World Happiness Day: Nigerians remain happy amidst hardship, insecurity DailyTrust
    A survey by the NOIPolls has shown that Nigerians remain happy amidst “economic, security and other social challenges they experience on a day to day basis.” This was contained in a statement released on Tuesday by the polling firm. According to the NOIPolls Limited, it said the poll becomes relevant as the United Nations marks the International Day of Happiness tomorrow (March 20). It stated: “In a bid to promote overall Happiness of people around the world and to ensure the general well-being of individuals, the United Nations came up with the 17 Sustainable Development Goals which seek to end ... more
  • 1 day Group lauds Buhari’s economic policies DailyTrust
    The Buhari Media Organisation (BMO) says a decline in inflation rate to 11.31 per cent in February indicates that the economic policies of President Muhammadu Buhari are succeeding. The group made this known in a statement jointly signed by its Chairman, Mr Niyi Akinsiju, and Secretary, Mr Cassidy Madueke on Tuesday in Abuja. The statement said that latest fall in inflation rates, the third in the last six months, had put more money in the pockets of Nigerians as they paid less for more consumables in their households. It noted that continued downward trend of inflation rate in Nigeria from ... more
  • 1 day FG to negotiate with senior civil servants on new minimum wage, says Udoma DailyTrust
    The Minister of Budget and National Planning, Sen. Udoma Udoma, said the Federal Government would go into negotiations with senior civil servants soon after the bill on the new National Minimum Wage is assented to by President Muhammadu Buhari. Udoma said this when he appeared before the Senate Committee on Finance on Tuesday in Abuja to give explanations on the Medium Term Expenditure Framework (MTEF) and Fiscal Paper. He said the Executive would meet with relevant stakeholders on the matter as soon as it is signed into law. “Once we announce the minimum wage, we now enter into negotiations with ... more
  • 1 day Bauchi guber poll: APC lauds INEC’s decision to obey court order, as PDP kicks DailyTrust
    The Bauchi state chapter of All Progressives Congress (APC) has welcomed the decision of the Independent National Electoral Commission (INEC) to obey the court order which halted continuous collation of the governorship poll results of Tafawa Balewa local government area of the state on Tuesday. The APC state chairman, Alhaji Uba Ahmed Nana, disclosed this on Tuesday while addressing journalists. He said as a law-abiding party and citizens, they are bound to obey court orders. “That is sequel to the suit filed against the Independent National Electoral Commission (INEC) challenging its decision to resume and conclude collation of the Governorship ... more
  • 1 day FG to auction N100bn bonds on March 27 DailyTrust
    The Federal Government will auction by subscription N100 billion worth of bonds on March 27, the Debt Management Office (DMO) says. The DMO said in a circular on its website on Tuesday in Abuja, that the five-year re-opening bonds of N40 billion to mature in April 2023 was offered at 12.75 per cent. It said that the seven-year re-opening bonds also of N40 billion to mature in March 2025 would be auctioned at 13.53 per cent. It added that the 10-year bonds, also re-opening, of N20 billion which would be due in Feb. 2028, would be auctioned at 13.98 per ... more
  • 1 day Naira closes at N360.13 to dollar at investors window DailyTrust
    The Naira on Tuesday exchanged at N360.13 to the dollar at the investors window as market turnover stood at 277.11 million dollars. At the parallel market in Lagos, the naira remained stable closing at N358 to the dollar, while the Pound Sterling traded at N475 and the Euro at N405. Trading at the Bureau De Change (BDC) segment saw the naira closing at N360 to the dollar, while the Pound Sterling and the Euro traded at N475 and N405. Currency traders commended the efforts of the Central Bank of Nigeria in maintaining stability at the foreign exchange market.(NAN) ... more
  • 1 day Court dissolves 9-year-old marriage as wife starves husband of sex DailyTrust
    An Okitipupa Magistrate Court in Okitipupa local government area of Ondo state has dissolved a nine-year-old marriage over accusation that the wife starved her husband of sex and ill-treatment. The 43 years old petitioner, Mr Olutola Akinlose had dragged his wife, Mrs Oyinade Akinlose, before the court urging for the dissolution of the marriage. After successfully discharging the burden of proof that he has long suffered and endured in his marriage for nine years, the court granted the husbands prayer and dissolved the marriage on the grounds of sex deprivation, cruelty and ill treatment. According to the civil summons filed ... more
  • 1 day Senate commits 2019 budget to committees for defence DailyTrust
    The Senate has committed the 2019 Budget of N8.83 trn to the various standing committees for defence by the Ministries, Agencies and Departments (MDAs). This followed the conclusion of debate on the general principles of the budget at plenary on Tuesday. The President of the Senate, Dr Bukola Saraki, while announcing this, gave the Committee on Appropriation two weeks to work on reports of the various committees and report to senate for consideration and passage. Saraki enjoined MDAs to respond promptly to committee invitations for their budget defence to enable the senate expedite action on passage. He, however, told committees ... more
  • 2 days JUST IN: Seychelles’ Pirates land in Nigeria DailyTrust
    The delegation of the Senior National Team of Seychelles, known as Pirates, has landed in Nigeria for Friday’s 2019 Africa Cup of Nations qualifying match against the Super Eagles. Group leaders Nigeria have already secured their place in the finals and will be in the pot for the draw on Friday, 12th April at CAF’s headquarters in Cairo, while the Pirates were long eliminated and have only come to fulfill the fixture. The Nigeria Football Federation’s Director of Communications, Ademola Olajire disclosed that a 29–man delegation of the Pirates arrived Abuja aboard an Ethiopian Airline flight on Tuesday afternoon, and ... more
  • 2 days PDM files suit, asks Court to declare governorship winner of Bauchi poll DailyTrust
    The People’s Democratic Movement (PDM) has filed a suit at the Federal High Court in Bauchi asking the court to declare its gubernatorial candidate as winner of Bauchi governorship election. The suit instituted by the party was over alleged non-inclusion of its logo on the Ballot Paper by the Independent National Electoral Commission (INEC) during the elections. Speaking to journalists at the court premises in Bauchi on Tuesday, Counsel to the Plaintiff, Barrister  Auwal Idris Kwami said that they went to court and filed a suit against INEC on behalf of their client, the PDM, over non-inclusion of its party ... more
  • 2 days Ex-Ambassadors seek cancellation of Benue supplementary election DailyTrust
    The Forum of former Nigerian Ambassadors and Envoys from Benue State, on Tuesday, stressed the need for the cancellation of the state’s governorship supplementary elections fixed for March 23 by the Independent National Electoral Commission, INEC. Addressing a news conference in Makurdi, the forum said it became imperative to call on President Muhammadu Buhari to step into the Benue inconclusive election situation by directing INEC to revisit the development because the re-run might plunge the state and the nation into chaos. A former Nigeria’s High Commissioner to Canada and Ambassador to Mexico, Ambassador lyorwuese Hagher, who spoke on behalf of ... more
  • 2 days Election observers fault INEC for jettisoning rerun election in Bauchi DailyTrust
    The coalition of INEC-accredited observers for the 2019 governorship election in Bauchi State has faulted the electoral umpire over its decision not to conduct a rerun election in Tafawa Balewa local government area of Bauchi state. This was disclosed by the Secretary of the coalition, Comrade Peter Nwokolo at a press briefing in Bauchi. According to the coalition, conducting a rerun election would be more acceptable to all the parties and would prevent unnecessary legal tussles between the parties. The coalition lamented that many irregularities were recorded across the country during the 2019 general elections. It noted that the rampant ... more
  • 2 days We’ll be well prepared for 2019 FIBA World Cup — Kida DailyTrust
    Musa Kida, the President, Nigeria Basketball Federation (NBBF), on Tuesday said that the national senior men’s basketball team, D’Tigers, would be well prepared for the 2019 FIBA World Cup in China. Nigeria ranked number one in Africa and 33 in the world and in Group B with Russia, Argentina and Korea who are ranked 10, five and 32 respectively. Kida told the News Agency of Nigeria (NAN) in Lagos that he was confident of the team’s quality and with a well coordinated preparation, the team would surely shock the world. “It is a very dicey group, with Russia a very ... more
  • 2 days Customs Service distributes seized items to victims of attacks, orphans DailyTrust
    The Nigeria Customs Service, NCS, has distributed relief materials to orphanage homes and the victims of bandits’ attacks in Sokoto, Kebbi and Zamfara states. The items were part of the contraband items seized by the Sokoto Area Command of Customs. They include bags of foreign rice, vegetable oil, used cloths, tomato pastes, and shoes among others. The chairman, Sub-Committee on Distribution of Seized Perishable items to IDPs and orphans, Comptroller Yakubu Salihu said over 39,000 bags of foreign rice had, so far, been disbursed to IDPs and orphans in the country. He added that over 300 jerry cans of vegetable ... more
  • 2 days FG commited to building coal-fired electricity by 2020 — Minister DailyTrust
    The Minister of Mines and Steel Development, Mr Abubakar Bawa, says the Federal Government is committed to building coal-fired electricity by 2020. Bawa said this while declaring open the 55th Annual International Conference and Exhibition of the Nigerian Mining and Geoscience Society (NMGS) on Tuesday in Enugu. He noted that the government had plans to grow the coal-fired electricity generation to about 30 per cent of total energy generation in the country. The minister explained that for this to be possible, the Federal Government had fine-turned the policies of mining and exploration in the country in its National Roadmap on ... more
  • 2 days 9th Assembly: North Central Reps push for Speakership DailyTrust
    Members of the House of Representatives elected under the All Progressives Congress (APC) in the North Central zone, have canvassed for the position of House Speaker in the incoming 9th Assembly. Spokesman of the group, John Dyegh (APC), who disclosed this on Tuesday while briefing newsmen in Abuja, said the demand was in the spirit of “equity, balance, geopolitical spread and federal character.” “It is in this regard that we humbly appeal to our party, the APC, to strongly consider the North Central for the position of Speaker of the House of Representatives in the 9th Assembly. “Zoning the Speaker ... more
  • 2 days 78 CBT centres ready for JAMB in Lagos DailyTrust
    The coordinator of the Joint Admissions Matriculation Board (JAMB) in Lagos state, Babatunde Bamisaye on Tuesday disclosed that the 78 accredited Computer Based Test (CBT) centres in the state are fully prepared and ready for the Unified Tertiary Matriculation Examination (UTME). The board had fixed April 11, 2019 for the UTME while it scheduled April 1, 2019 for the mock exam nationwide. Bamisaye during an interview at the matriculation ceremony at Federal College of Education (FCE), Akoka in Yaba said, “We have gone to visit some of the centres in Lagos, they are technically fit for the exam and the ... more
  • 2 days Security Chiefs keep mum after briefing Buhari DailyTrust
    Security chiefs have kept mum after briefing President Muhammadu Buhari on the country’s security situation at the Presidential Villa, Abuja. The meeting which started by 11:00am lasted till around 2:00pm with all the country’s security chiefs in attendance. In attendance were the Chief of Defence Staff, General Gabriel Olonisakin, Chief of Army Staff, Lt. Gen. Tukur Buratai, Chief of Naval Staff, Rear Admiral Ibok Ekwe Ibas and Chief of Air Staff, Air Marshall Abubakar Sadique, our correspondent reports. Others were the Secretary to the Government of the Federation, Boss Mustapha, National Security Adviser, Babagana Monguno; Minister of Defence, Mansur Dan-Ali; ... more
  • 2 days Breaking: Court bars INEC from resuming collation of Bauchi Guber poll result DailyTrust
    A Federal High Court in Abuja has stopped the Independent National Electoral Commission (INEC) from going on with the collation exercise in Bauchi State. Justice Ekwo Ejembi gave the order on Tuesday while ruling on a suit filed by the All Progressives Congress (APC) and Governor Mohammed Abubakar of Bauchi State.     The post Breaking: Court bars INEC from resuming collation of Bauchi Guber poll result appeared first on Daily Trust. ... more
  • 2 days Just in: Senate approves N30,000 as national minimum wage DailyTrust
    The Senate on Tuesday approved the sum of N30,000 as national minimum wage for both the federal and state governments. The approval followed the adoption of the report of the adhoc committee on the National Minimum Wage chaired Deputy Chief Whip Francis Alimekhena (APC, Edo). The N30,000 approved by the Senate is N3,000 higher than the N27,000 proposal submitted by the Executive arm in January. The Senate approval followed that of the House of Representatives, which equally approved N30,000 as national minimum wage in January. The post Just in: Senate approves N30,000 as national minimum ... more
  • 2 days N100m damages: Court fixes April 5th for Jos Disco, 45 ex-staff’s case DailyTrust
    A National Industrial Court of Nigeria sitting in Jos, on Tuesday, adjourned until April 5th for report of settlement in a case between Jos Electricity Distribution Company Limited (JED) and the 45 disengaged staff of the company. Justice Kenneth Amadi fixed the date for report, after parties involved debated in the court on the issue of settlement talks. When the case was called on Tuesday, Barr Anya Izang announced her appearance for the plaintiffs – 45 disengaged staff- while Professor Shaaka S. Shaaka announced his appearance for the defendants – the Jos Disco. Recalled that 45 disengaged staff of Jos ... more
  • 2 days Happening now: Buhari receives briefing from Security Chiefs  DailyTrust
    President Muhammadu Buhari is being briefed on the state of the country’s security by the Security Chiefs, Daily Trust reports. The meeting, holding behind closed doors at the Presidential Villa, Abuja, started at 11:am. It is expected that the just concluded elections and the Saturday’s supplementary polls in five states would be discussed. In attendance, our correspondent gathered, were the Chief of Defence Staff; General Gabriel Olonisakin, Chief of Army Staff; Lt. Gen. Tukur Buratai, Chief of Naval Staff; Rear Admiral Ibok Ekwe Ibas and Chief of Air Staff; Air Marshall Abubakar Sadique. Others are; the National Security Adviser; Babagana ... more
  • 2 days Troops repel, kill many terrorists in Michika — Army DailyTrust
    Troops repelled Boko Haram at Michika in Adamawa on Monday and inflicted heavy casualty on them. A statement by the army spokesman, Col. Sagir Musa said the terrorists attempted to infiltrate the town at about 7.20 p.m. but troops blocked and engaged them on two fronts. Musa said many of the insurgents were neutralised, while others fled in disarray due to superior firepower. He said they “hastily evacuated most of their corpses (dead colleagues) under the cover of darkness.” The army spokesman, however, said the entire area had been dominated by troops, adding the situation was now under control. He ... more
  • 2 days Dollar near two-week low as yen strengthens DailyTrust
    The dollar was on the defensive on Tuesday, weighed by growing expectations the Federal Reserve would adopt a more accommodative policy outlook this week and concerns about slower U.S. economic growth. The dollar index, which measures the greenback against a basket of six major currencies, dipped 0.1 per cent to 96.43, hovering close to a two-week low touched overnight. The index has lost 1.3 per cent after hitting a three-month high of 97.710 on March 7, on views the Federal will strike a dovish tone at its two-day policy meeting due to start later on Tuesday. Many investors expect the ... more
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