Court stops Oyo deputy gov’s impeachment, adjourns till July 5

The impeachment process against the Oyo State Deputy Governor, Rauf Olaniyan, has been halted by an Oyo State High Court sitting in Ibadan. Justice Ladiran Akintola gave the order on Wednesday when the case filed by the deputy governor came up for hearing before him. He ordered that status quo antem be maintained until the

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Ekweremadu: Ensure justice prevails, Senate tells FG

The President of the Senate, Ahmad Lawan, has announced that the Senate Committee on Foreign Affairs would be leaving for London, the United Kingdom in two days to see Senator Ike Ekweremadu and his wife, Beatrice. The PUNCH reported that Ekweremadu and his wife were arrested last week in UK for alleged conspiracy to harvest

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Lagos to prioritise improved water supply

The Lagos State Government has said it would develop long-term solutions to tackle the increasing pressure on water supply and sanitation in the state. The Executive Secretary of the Lagos State Water Regulatory Commission, Mrs Funke Adepoju, disclosed this on Wednesday during the 2022 Lagos International Water Conference. Adepoju explained that the state would continue

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We’ll partner private sector on affordable housing – Sanwo-Olu

The Lagos State Governor, Mr Babajide Sanwo-Olu, has reiterated the need for the government to partner with the private sector to ensure that residents have access to affordable accommodation. The governor stated this on Wednesday during the inauguration of Lagos Building Investment Company apartments at Ogba-Ijaiye, Agege. Sanwo-Olu, in his address, disclosed that his administration,

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Nigeria’s long walk to phone manufacturing

Nigeria is a leading market for smartphones in the world but efforts aimed at manufacturing the devices locally have been slow, TEMITAYO JAIYEOLA writes Every year, about 63 million devices are sold in Nigeria, according to the Nigerian Communications Commission. It is estimated that the average device owner in Nigeria changes devices every six to

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Odu’a Investment on track for record growth – Ex-chair

The immediate past Chairman of Southwest-owned strategic investment and asset management firm, Odu’a Investment Company Limited, Segun Aina, has expressed optimism that the strides made during his leadership of the Board have placed the company firmly on the path to achieving its long-term goals. Aina spoke on the sidelines of OICL’s 40th Annual General Meeting

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‘Rising inflation, others worsening naira volatility’

The President, Association of Bureaux De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said that rising inflation, among other challenges, are compounding naira volatility. In a statement, Gwadabe said the unfolding scenarios raised the risk of stagflation with potentially harmful consequences for the poor within the economy. “Naira volatility, despite foreign exchange interventions by

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States probe shortfall in FG’s PAYE remittance

A coalition of States Internally Generated Revenue Services across the 36 states of the Federation has launched a fresh investigation into how the Federal Government is remitting the Pay As You Earn fund into their individual state coffers. The Executive  Chairman of the Plateau State Internal Revenue Service, Dashe Arlat Dasogot, disclosed this in an

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Johnvents processes 5,000MT of cocoa, eyes improved forex earnings

Six months after the inauguration of its modern cocoa processing factory in Akure, Johnvents Industries Limited, has announced that it has processed about 5,000 metric tonnes of cocoa for export. The Managing Director of JIL, Mr John Alamu, made this known during a stakeholders’ session to assess the company’s achievements since its inauguration in December

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Why you should monitor bank statements

Bank statements are important in monitoring your account activities but it is often overlooked due to how they can easily be generated. However, in a time of cyber crimes and fraudulent activities by individuals and certain institutions, it is imperative to keep watch over your bank activities to spot any irregularities. First, what is a

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