The Central Bank of Nigeria has again been it ordered by Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms and Bureaux de Change. It is to enable her conduct investigations into suspicious activities. CBN said it got an order to freeze 60 bank accounts of Bluebeam Capital Limited. The accounts were domiciled in 13 different ...
Business
April, 2021
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8 April
CBN freezes 11 bank accounts
The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to freeze 11 bank accounts to enable it conduct investigations into suspicious activities. It disclosed this in two documents posted on its website on Wednesday. The CBN as the plaintiff, listed the names of the defendants/respondents as Albert Austin Ugochukwu with ...
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6 April
Covid -19 centres’ doctors ordered to join striking colleague
The National Association of Resident Doctors has ordered doctors at the COVID-19 isolation centres to join the nationwide strike it began on April 1. The NARD has also threatened to impose a fine of N5m on any of its branches which fails to join the strike. It also said branches found wanting would not be able to hold any national ...
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5 April
Stock investors lost N395bn in March – NSE
Investors in the Nigerian stock market lost N395bn in March as the market capitalisation of equities declined further. The Nigerian Stock Exchange All-Share Index closed the month at 39,045.13 basis points from 39,799.89 on Feb. 26. The market capitalisation fell to N20.43tn at the end of March from N2.82tn on Feb. 26. The ASI and market capitalisation depreciated by 0.76 ...
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5 April
MTN, banks meet Tuesday, customers reconnected to USSD
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the Unstructuredÿ Supplementary Service Data and banking apps on Friday. The channels were blocked as a result of MTN reducing the banks’ commission on USSD airtime to 2.5 per cent. However, following the intervention by the Minister of Communications and Digital ...
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3 April
Shoprite workers protest @ Easter holiday worries company
Shoprite workers at Ring Road branch, Ibadan, on Friday, embarked on another round of protest, shutting down the company indefinitely. The workers, under the aegis of National Union of Shop and Distributive Employees (NUSDE), vowed that the company would remain shut until management acceded to their demands. The chairman, NUSDE, Shoprite branch, Mr Williams Peter, said the union was using ...
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3 April
FG tackle protesting doctors, plan to implement ‘no work, no pay’
The Federal Government will implement the ‘no work, no pay’ on the striking National Association of Resident Doctors (NARD) if they refuse to resume work. This is according to the Minister of Labour and Employment, Chris Ngige, who issued the warning on Friday during an interview on Channels Television’s Politics Today. “By Tuesday, I will invite them back. If they ...
March, 2021
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31 March
13 Outstanding Lagos teachers get Sanwo-Olu’s car prizes
It was a defining moment for teachers in the Lagos State Education family on Tuesday. Governor Babajide Sanwo-Olu presented handsome rewards to teachers adjudged to have made quality impacts in the State’s teaching service. Thirteen teachers and school administrators got a brand new car each from the Governor at the Year 2020 Teachers’ Merit Award organised by the Ministry of ...
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31 March
30 cows die mysteriously in Ondo
Thirty cows have died in mysterious circumstances in Akungba-Akoko, Akoko South West Local Government Area of Ondo State. The cows, which were owned by a Fulani herder known as Baba Sule in the community, were said to have died on Monday night. According to an eyewitness, Asiwaju Ojumo, the incident occurred at Ibaka area of the community where the state-owned ...
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31 March
UNILAG releases cut-off marks, OAU post-UTME results out
The management of the University of Lagos has released cut-off marks for 2020/2021 admission into the institution. The admission cut-off marks were released on the university’s website on Tuesday. Also, the management of Obafemi Awolowo University, Ile-Ife has released the post-UTME results for 2020/2021 admission. The Public Relations Officer of the university, Biodun Olarewaju, confirmed this to our correspondent. gathered ...