Business activities in Nigeria remained flat in March, according to the latest Purchasing Managers’ Index published by Stanbic IBTC. The report indicated that the headline index remained unchanged at 51 points in March from 51 points in February. Readings above 50 points signal an improvement in business conditions, while those below show a drop. Some…
Prosecutors last week said they intend to charge Speaker Nosiviwe Mapisa-Nqakula with corruption, accusing her of receiving about $135 000 in bribes from a defence contractor during her three years as defence minister. She allegedly received the payments between December 2016 and July 2019, while another bribe, amounting to $105,000, was not paid. Mapisa-Nqakula announced…
The Commissioner for Information and Culture, Mannir Haidara, disclosed this in a statement, noting that the directive was part of the decision of the State Security Council meeting. “As of today, the State Government has ordered restriction of movement along the Yankara border of Zamfara with Katsina state and Bimasa Zamfara border with Sokoto State…
Togo’s government on Wednesday delayed 20 April legislative elections until an unspecified later date, shortly after lawmakers approved highly contested constitutional reform. “Consultations” were needed, the presidency said in a statement, about the amendment in March that triggered opposition claims the reforms aimed to keep President Faure Gnassingbe in power in the West African nation…
The Anambra Muslim community has assured the Presidential candidate of the Labour Party in the 2023 general election, Mr Peter Obi that with his gestures and respect for all religions in Nigeria, he will surely emerge President of Nigeria one day. They spoke on Saturday and Tuesday when Mr. Obi visited the mosques in Onitsha…
The Economic and Financial Crimes Commission will on Thursday arraign Binance Holdings Limited and two of its senior executives, Tigran Gambaryan and Nadeem Anjarwalla, who recently escaped from custody and fled Nigeria, over an alleged $35,400,000 money laundering case. The EFCC had on Thursday, March 28, charged Binance Holdings Limited, Gambaryan, Anjarwalla with laundering $35,400,000….
MTN Nigeria has announced that it will hold an extraordinary general meeting with its shareholders on how to manage the capital loss it suffered in 2023. According to a corporate notice filed with the Nigerian Exchange Limited on Tuesday, the EGM is scheduled for later in the month in Lagos. The EGM notice showed that…
Former President of the National Association of Nigeria Travel Agencies, Bankole Bernard, has stated that Air Peace’s pricing strategies have compelled foreign carriers to slash their fares. Speaking on Channels Television’s The Morning Brief programme on Tuesday, Bernard emphasised that failure by foreign airlines to adjust their ticket prices on the Lagos-London route could potentially…
President Bola Ahmed Tinubu signed the student loans amendment bill into law at the State House on Wednesday, April 3.This was announced in a post by Special Assistant to President Tinubu on Social Media, Mr Dada Olusegun. He wrote, “President Bola Ahmed Tinubu has signed the Student Loans Re-enactment Bill into law at the State…
