November 10, 2019

Nigerian Stock Market Opens October With ₦15 Billion Gain

NSE Commits To Support Economic Growth Of Osun State

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has said the exchange was committed to  supporting The State of Osun  in its efforts towards advancing the fortunes of state for the benefit of the citizens.

Onyema stated this while speaking at the  presentation of the Osun State Facts Behind the Economy by  Governor Adegboyega Oyetola at the exchange in Lagos last Thursday.

“As we continue to develop  the exchange  to attract local and international investors, we wish to partner with the State and its …

army

Exposing Army’s Extra-Judicial Killers!

A graphical video of some men believed to be  soldiers of the Nigerian Army, who extra-judicially killed an alleged Boko Haram member trended last week, giving the soldiers away as not too different from the terrorist group they seek to decimate.

In the video was a man, whose hands and legs were tied, pulled down from the back of a pick-up like an animal and dragged on the ground to a shallow grave, where he was shot multiple times and covered up. Just like that? What even says he was a Boko Haram member? Who confirmed that fact?

That was …

Obono-Obla’s Self-Designed Misadventure

Had the ex-Chairman of Special Presidential Investigation Panel for the Recovery of Public Property, Okoi Obono-Obla, who is currently at large, known that his decision to blackmail Vice-President Yemi Osinbajo could backfire, he might have had a rethink, writes Omololu Ogunmade

Dismissed former Chairman of Special Presidential Investigation Panel for the Recovery of Public Property, Okoi Obono-Obla, must be living with loads of regrets now. Reason? The embattled former chairman of the presidential panel, who was declared wanted penultimate week by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged misconduct, financial impropriety and abuse of office, …

Sowore: DSS Statement Misleading, Says Falana

Human rights lawyer and counsel to the detained Convener of #RevolutionNow Movement, Omoyole Sowore, Femi Falana (SAN), yesterday countered the position of the Department of State Security (DSS) that there was no representation for the release of his client, saying the statement was misleading.

Falana, while explaining the untruth in the DSS statement, explained that four lawyers from his chambers had waited at the agency’s headquarters for four hours without any response from its operatives.
This, however, came as a group of activists staged a protest at the headquarters of the agency following its refusal to release Sowore, who is …

Paying Political Office Holders To Promote Poverty

It is quite obvious, after all, that public office holders in Nigeria, especially those, who hold high offices of state, perceive the country’s treasury as one massive grilled Ostrich delicatessen at their culinary disposal that must be cut into palatable pieces to satiate their gluttonous appetite.

It is no more mind numbing or conscience searing in most homes in Nigeria to hear and read of unspeakable heist of the country’s economic patrimony by office holders; it has become the accepted tale.

In his analysis of the relationship between prebendal politics and federal governance in Nigeria, Mr. Rotimi Suberu opined that, …

Hope Rises for Akpabio as A’Court Orders Rerun Election

The Court of Appeal sitting in Calabar, Cross River State has annulled the election of Senator Christopher Ekpenyong of the Peoples Democratic Party, PDP, who until the judgment represented Akwa Ibom Northwest Senatorial District and ordered a rerun within 90 days.

In the same breath, the Court of Appeal in Lagos, yesterday, dismissed an appeal filed by the Labour Party (LP) challenging the judgment of the Governorship Election Petition Tribunal that affirmed the election of Mr. Babajide Sanwo-Olu as the Governor of Lagos State.

However, with the recent development in the Senate, the balance of power has shifted significantly, decimating …

Buhari, Tinubu Celebrate Mamman Daura At 80

President Muhammadu Buhari and one of the national leaders of the All Progressives Congress (APC), Bola Ahmed Tinubu, yesterday, joined family and friends to celebrate a veteran journalist, renowned entrepreneur and nephew of the President, Mamman Daura, who turned 80 years.

Buhari, in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, assured Daura that his footprint on the development of the country, and attention to family values, would always be remembered and appreciated, even as he extolled him for the visionary role he played in the banking sector and management of companies, and development institutions.…

Between Supreme Court Ruling and Community’s Grouse

Recently, the Supreme Court declared that the headquarters of Ilejemeje Local Government of Ekiti State should be Eda Oniyo and not Iye-Ekiti. But the Iye-Ekiti community went to high court, which has raised considerable highbrows about the abuse of court process. But as Shola Oyeyipo writes, the community claimed that since it was never part of the original suit, perhaps, the state government needed to explain its own role via another court process

The long drawn legal battle over the siting of the headquarters of Ilejemeje Local Government area of Ekiti State went all the way to the highest court …