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Business

January, 2021

  • 19 January

    Worried, Union of Teachers meets Thursday to review resumption

    Partial compliance recorded with the protocols worries the union of teachers . So, the Nigeria Union of Teachers on Monday, amid concern about the rising coronavirus cases, said it would on Thursday hold a meeting on the pandemic and compliance with COVID-19 protocols in schools across the country. The Secretary-General of the NUT, Mike Ene, stated this in Abuja, Many ...

  • 19 January

    FG mulls another lock down

    The Federal Government has warned that there may be a second national lockdown over the rising cases of the COVID-19 in the country. The Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19, Boss Mustapha, gave the warning on Monday in Abuja, at the joint national briefing of the taskforce. According ...

  • 19 January

    Queen of kidnappers, and her 3 ‘boys’ arrested In Kano

    kidnapping

    A female kidnapper along with two men have been arrested by Kano Police command, for allegedly kidnapping a child of Galadanchi ward head, Ado Sunusi, in Gwale Local Government, Kano. After the police traced the car in which the boy was abducted, they arrested the driver at Beruit Road, in Kano. It was through him that the whereabouts of the ...

  • 18 January

    Lagos schools to run second term for 61 days

    Barring any closure as a result of the COVID-19 pandemic, the second term of the 2020/2021 academic session is meant to last for 61 days for public and private schools in Lagos. According to the revised calendar for the 2020/2021 academic session released by the Office of the Education Quality Assurance (OEQA), the second term is slated to run from ...

  • 18 January

    Robbers shot Nigerian IT prodigy, died hrs later allegedly due to Police negligence

    David Ntekim Rex, a Nigerian IT prodigy, has been fatally shot in Lagos by robbers. He was 22 years-old. David, the second son of his parents, was attacked in Jibowu area of Lagos, around 8 p.m on Friday, as he was returning home. Police were alerted after the attack, but sources said they watched as David bled to death. Ntekim-Rex, ...

  • 17 January

    FG shuts NIMC in Abuja, opens 20 centres..see list

    The Federal Government on Saturday ordered immediate closure of the headquarters of the National Identity Management Commission in Abuja. The Minister of Communications and Digital Economy, Isa Pantami, who gave the order, also directed the NIMC to open 20 locations in the Federal Capital Territory in order to halt the crowds that gather at the commission’s headquarters daily in a ...

  • 17 January

    AMCON floats national carrier ‘Nigeria Eagle’, on air June

    A new international airline, to be named Nigeria Eagle, may take to the sky with at least 10 planes as early as June, 2021 The Asset Management Corporation of Nigeria has reached an advanced stage towards launching a multibillion naira airline by pooling together its aviation assets especially planes in debt-ridden Arik Air and Aerocontactors Airlines. AMCON is expected to ...

  • 16 January

    Nigeria records 1,867 new cases, total now 107,345 of Covid

    Nigeria, on Friday night, recorded its highest single-day COVID-19 tally after the country’s centre for disease control confirmed 1, 867 new cases in 23 states and the Federal Capital Territory (FCT). The centre, which confirmed the new cases on its Twitter handle, said the number of COVID-19 fatalities in Nigeria stood at 1,413 as of Friday night. Also, the total ...

  • 16 January

    See Polaris Bank rejected investor who is injecting N3bn into Fidelity Bank

    For ethnic reason, Dr. Oluleye Adigun, a US-based Nigerian billionaire’s interest in buying whooping shares in Polaris Bank was turned down. Now, he has revealed ongoing effort to invest N3 billion ($6.8 million) in Fidelity Bank through shares acquisition. Adigun said on Wednesday that the acquisition was part of his planned investment in the Nigerian economy, adding that the process ...

  • 16 January

    Elumelu’s TNOG acquires 45% of OML 17 from Shell, Total, ENI

    Tony Elumelu,’s Heirs Holdings, in partnership with Transnational Corporation of Nigeria Plc, on Friday announced the “unconditional acquisition” of a 45 percent participating interest in OML 17 through TNOG Oil and Gas Limited. The acquisition also includes all assets of Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI in the oil block, Cable reported. TNOG ...