News

APC LG chairmen attack council boss, Adedayo, for comment on Gov Abiodin’s handling of state resources 

The suspended chairman of Ijebu East Local Government Area of Ogun State, Wale Adedayo has been accused of planning to derail the administration of Governor Dapo Abiodun with his zero allocation allegation against the governor. Chairmen of the All Progressives Congress {APC}across the 20 local government areas of the state, made the accusation on Tuesday, describing the allegation as unfounded. …

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Panel indicts former OAUTH CMD of job racketeering for employing 1,973 workers

The Federal Ministry of Health and Social Welfare, through an investigative pane it set up, has indcted a former Chief Medical Director of the Obafemi Awolowo University Teaching Hospital (OAUTH), Ile-Ife, Dr Olumuyiwa Owojuyigbe of job racketeering, employing 1,973 workers in excess of waiver granted the hospital. The panel also said this was the reason behind the non payment of …

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Princess evicted from Big Brother Naija

One of the “All Stars” housemates in the ongoing Big Brother Naija, Princess, has been evicted from the reality television show. The show’s host, Ebuka Obi-Uchendu, announced Princess’ exit during the live eviction show on Sunday. 11 housemates – Ike, Tolanibaj, Pere, Frodd, Doyin, Princess, Venita, Whitemoney, Adekunle, Neo and Seyi – were up for eviction on Sunday.READ ALSO: BBNaija …

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Again, FG warns Arise TV

The federal government has issued a final warning to Arise Television over the use of derogatory and incendiary remarks on its station. The warning was contained in a letter by the Nigeria Broadcasting Commission (NBC) Director General, Dr Balarabe Shehu Ilelah, on Saturday. The letter urged the TV station to have a delay mechanism to guard against undesirable contents. The …

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VON DG, Okechukwu, defends Tinubu on nomination of five people as ministers from South-East

The Director-General of Voice of Nigeria (VON), Osita Okechukwu, on Sunday, defended President Bola Tinubu on the nomination of only five people from the South-East as ministers. The president has come under criticism from the South-East over the ministerial list with some leaders accusing him of marginalizing the region in the nomination of people into his cabinet. Okechukwu, who addressed …

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NGX Group Considers Interim Dividend Payment To Shareholders

      The Nigerian Exchange Group Plc (NGX Group) is expected to pay its shareholders an interim dividend of 25 kobo per ordinary share of 50 kobo each on Thursday, 31 August 2023.   This comes subsequent to an emergency board meeting convened by the Group last month, during which it affirmed its decision to electronically distribute its inaugural …

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DEAPCAP, CILEASING, MECURE top list of stocks to watch this week

The equities market closed in the green last Friday, gaining on four days and declining only on one day thereby driving up sentiments. This week, DEAPCAP, CILEASING, MECURE, OMATEK and NNFM top the lists of stocks to watch this week. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually …

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Navy intercepts 50 sacks of cannabis worth N70m in Lagos

Operatives of the Forward Operating Base (FOB), Nigerian Navy, on Sunday intercepted 50 sacks of cannabis sativa worth N70 million at Gbethrome community in the Badagry area of Lagos. The FOB Base Operations Officer, Lt. Commodore Kelly Umoru, told journalists the operatives seized the items at an uncompleted building near the beach on Sunday morning. Umoru said: “The operation followed …

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