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Business

February, 2021

  • 10 February

    Exclusive: Helen Prest-Ajayi Wins Case To Bury Husband

    Now the remains of Dr Tosin Ajayi can be buried. The late Managing Director, First Foundation Medical Centre, Lagos, and the husband of former beauty queen, Helen Prest-Ajayi will now be buried eight months after his demise. His remains will be interred on February 11, 2021 in Lagos. Dr Tosin Ajayi and daughters Ajayi died on April 26, 2020 at ...

  • 10 February

    Lawyers sue CBN, SEC over prohibition of cryptocurrencies

    Digital Rights Lawyers Initiative has sued the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) over the recent directive by the apex bank banning cryptocurrencies trading. Last week, a memo from the CBN had warned Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs and members of the public to desist from dealing ...

  • 10 February

    FG: We’ve spent N37bn on MSME survival fund scheme 

    The federal government says it has expended N37 billion on the micro, small and medium enterprise (MSME) survival fund scheme. The initiative is a component of the Nigeria economic sustainability plan (NESP) which was developed by a committee headed by Vice President Yemi Osinbajo. The government had announced that the survival fund portal will be opened on Tuesday, February 9, ...

  • 10 February

    Sunday Igboho’s Bank Accounts Frozen, Rejects Award By Yoruba Youths

    Chief Sunday Adeyemo popularly known as Sunday Ighoho yesterday warned the Federal Government over his frozen bank accounts and rejected award of recognition from the Yoruba Youth Socio-cultural Association (YYSA) . Speaking at a meeting with the leadership of the Yoruba Youth Socio-cultural Association (YYSA) in Ibadan (see photos), Igboho had alleged that all his bank accounts have been frozen ...

  • 10 February

    Ex-Super Eagles defender, Shofoluwe dies of Covid, not brain issues

    Former Super Eagles defender, Yisa Shofoluwe, breathed his last at the Lagos University Teaching Hospital on Tuesday night. The former Golden Eaglets’ assistant coach, according to close relatives, died of complications from the ravaging COVID-19 pandemic. The erstwhile footballer, 53, was diagnosed of COVID-19 as against the brain disease widely speculated in the media. Late Shofoluwe, also known as Dean ...

  • 10 February

    Abductor of 344 Kankara schoolboys repents

    Meet Auwalu Daudawa, the top bandit leader who had now left banditry with his group. * He was responsible for the abduction of 344 Kankara schoolboys. * His bandits base was in Dumburum Forest in Zurmi LGA of Zamfara State. * Haruna Musa, former Chairman of Jibia LGA Katsina State cooperated with the group. He has now been arrested and ...

  • 10 February

    Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban

    “There’s no stopping crypto, [it’s] the future and we won’t let some old fools take our future from us,” one Nigerian bitcoin user who wished to remain anonymous told CoinDesk. “We’re Nigerians. Using the crypto is a way out of poverty for the youth.” Last week, the Central Bank of Nigeria (CBN) ordered banks to close down accounts associated with ...

  • 10 February

    Democrats set to detail impeachment case against Trump

    Democratic lawmakers prosecuting Donald Trump are set to detail their case against him Wednesday, in a longshot bid to convince sceptical Republican senators they should impeach the former president. Trump’s second impeachment trial opened Tuesday with Democrats showing harrowing video footage of his supporters’ January 6 assault on the US Capitol, where they smashed down doors, broke into the Senate ...

  • 10 February

    Sunday Igboho appoints spokesperson, says he won’t be talking again

    Popular Yoruba activist, Sunday Adeyemo aka Sunday Igboho has introduced his spokesman, Olayomi Koiki, to speak on his behalf henceforth. He said: “I have been seeing fake news flying here and there, some said I’m not scared of civil war, any news that you see henceforth that is not from Koiki don’t believe it. “Anything Koiki says about me is ...

  • 9 February

    Army appoints Mohammed Yerima as spokesperson

    The Nigeria army has appointed Mohammed Yerima as its new director of public relations. Yerima, a brigadier-general, takes over from Sagir Musa who has been spokesman in acting capacity since 2019. Yerima, who is expected to assume office on Wednesday is former director of defence information, and was until his appointment, the deputy director, reserve at the defence headquarters. He ...