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Acquisition

Access Bank Plc has urged its customers and the general public to disregard social media report of its shutting 340 branches nationwide.

Access Bank set to acquire BancABC Botswana

Access Bank Plc on Monday disclosed that it had entered into a definitive and binding agreement with ABC Holdings Limited to acquire 78.15 per cent shareholding in African Banking Corporation of Botswana Limited (BancABC Botswana).
Eight Chinese bomber planes and four fighter jets entered the southwestern corner of Taiwan’s air defence identification zone on Saturday, and Taiwan’s air force deployed missiles to “monitor” the incursion, island’s Defence Ministry said.

China and Taiwan’s arms build-up

Taiwan’s mass production of a long-range missile last month as part of the plan to modernise its military has once again underscored how large and real the Chinese threat of annexation of the island nation has become.
The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.

PAP boss urge Niger Delta youths to shun violence

The Interim Administrator of the Presidential Amnesty Programme (PAP), Col. Milland Dixon Dikio (Rtd) has said that the time has come for the youths of the Niger Delta to shun violence.
The Nigerian Navy new offshore survey vessel, the NNS LANA, will be a force multiplier in the force’s ability to project naval power for enhanced maritime security in the nation’s maritime environment and the Gulf of Guinea, the Chief of Naval Staff, Vice Admiral Awwal Gambo has said.

Naval chief: Navy offshore survey vessel a force multiplier

The Nigerian Navy new offshore survey vessel, the NNS LANA, will be a force multiplier in the force’s ability to project naval power for enhanced maritime security in the nation’s maritime environment and the Gulf of Guinea, the Chief of Naval Staff, Vice Admiral Awwal Gambo has said.

DPR: We’ve accurate record of crude production

The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known.

Nigerian Navy takes delivery of new offshore survey vessel in France

The Nigerian Navy yesterday took delivery of a new offshore survey vessel, NNS LANA, in Saint Nazaire, France.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Federal government okays N20.1 billion for Nigerian customs equipment

The federal government has approved a total of N20,114,002871 for the acquisition of various operational equipment for the Nigerian Customs Service (NCS).

Why NLNG vessels are not flagged in Nigeria – shipping firm

The management of the NLNG Ship Management Limited, NSML, the shipping arm of the Nigerian Liquefied Natural Gas, NLNG, has given reason for putting its vessels in the Bermudian Ship Registry instead of the Nigerian Ship Registry.

Minister: Rail transportation awakening giant to help run government

Mr Rotimi Amaechi, Minister of Transportation, on Tuesday described the rail mode of transportation as the awakening giant that would run government.

Dangote Sugar denies involvement in price fixing

Dangote Sugar Refinery PLC (DSR) has denied an online publication claiming the company’s involvement in price-fixing and not transparently engaged in any Backward Integration Programme as claimed.
Speaking at a press conference on the violence that trailed the EndSARS protests in Abuja, the Minister of Information and Communication, Alhaji Lai Mohammed said social media was used to spread fake news and disinformation that catalyzed the violence that was witnessed across the country.

Lai Mohammed: We amended national broadcasting code to end monopoly

The Minister of Information and Culture, Alhaji Lai Mohammed, says the Federal Government amended the National Broadcasting Code to provide a level playing ground for all stakeholders in the industry to thrive.

Spotify to launch own Clubhouse competitor

Spotify has invested heavily in prerecorded podcast content, and now, the company is looking to host live audio conversations. The platform announced today that it’s acquiring Betty Labs, the company behind the live sports audio app Locker Room. Spotify didn’t disclose how much it spent on the purchase.
The Chicago Bulls have announced the acquisition of a Nigerian basketball star, Al-Farouq Aminu, from the Orlando Magic.

D’Tigers forward Al-Farouq Aminu joins Chicago Bulls

The Bulls via an official statement on their website also confirmed they acquired centre Nikola Vucevic in exchange for forward Otto Porter Jr. and centre Wendell Carter Jr., as well as two first-round picks with certain lottery position protections.
University of Aberdeen approves the repatriation of bronze sculpture depicting an Oba (king) of Benin with return to happen within weeks

Germany’s move to return stolen Benin bronzes piles pressure on Britain

There are strong indications that the German authorities may hand over some Benin Bronzes to Nigeria in September, a development which observers said would put pressure on British museum to return its own share of the looted artefacts to the Nigerian government.
Everton's plans for a new 53,000-capacity stadium have received government approval, the club announced on Friday -- a major stepping stone as they seek to compete with the Premier League's "Big Six".

Everton get government green light for new 53,000-capacity stadium

Everton's plans for a new 53,000-capacity stadium have received government approval, the club announced on Friday -- a major stepping stone as they seek to compete with the Premier League's "Big Six".
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

Minister: NNPC to generate $600 million from marginal fields

The Minister of State for Petroleum Resources, Timipre Sylva, says his ministry is expected to generate 600 million dollars from its new Marginal Fields.
The Financial Reporting Council of Nigeria (FRC) has issued new reporting guidelines to enable firms respond to prudential considerations in various sectors.

Senate asks FRC to refund N66 million spent on unoccupied building

The Senate Committee on Public Accounts has directed the Financial Reporting Council of Nigeria to refund to the Federation Account, N66 million the agency paid as a two-year rent to secure an accommodation which it never occupied.
Prosecutors failed to attend Tuesday’s hearing at the federal high court in Lagos, having previously failed to present some of their witnesses in a case that had been adjourned on several occasions.

Court orders extension of NIN registration deadline by two months

Justice M. A. Onyetenu of a Federal High Court sitting in Lagos has ordered the extension of the deadline for National Identity Number, NIN by two months.
Ahmadu Fintiri

Boko Haram: Adamawa governor procures drones for Nigerian Army

The Acting General Officer Commanding (GOC), 3 Division, Brigadier-General BA Mohammed has applauded Governor Ahamdu Umaru Finitiri for acquiring a high technological military drones to support the Nigerian Army in its quest to rid the state of terrorists,like Boko Haram, kidnappers, bandits and other dangerous gunmen hanging around the state.
West Ham boss David Moyes won't rule out a permanent deal for Manchester United midfielder Jesse Lingard.

David Moyes insists Jesse Lingard merits his England recall

Lingard’s performances since joining the Hammers on loan from Manchester United in January have earned him a Three Lions call-up for the first time in two years.
Leicester City manager Brendan Rodgers was full of praise for striker Kelechi Iheanacho, who scored his first Premier League hat-trick in the 5-0 hammering of bottom placed Sheffield United on Sunday.

Leicester City announce decrease in turnover to £150 million in financial report

Leicester City Football Club have announced a decrease in turnover to £150 million its financial results for the year-ending – the first published measurement of the impact of COVID-19 on the Club’s finances.

150 Akwa Ibom youths to benefit from ECOWAS, EU disarmament programme

Economic Community of West African States (ECOWAS), European Union (EU) and Akwa Ibom State Government have teamed up on ‘Small Arms and Light Weapons (SALW) Control, a disarmament programme initiated to train repentant militant youths in various skills.

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Cape Verde Prime Minister Jose Ulisses Correia e Silva addresses the 72nd United Nations General Assembly at U.N. headquarters in New York, U.S., September 22, 2017. REUTERS-Shannon Stapleton

Cape Verde’s ruling party maintains majority in parliamentary elections

Cape Verde’s ruling party has maintained its majority following a parliamentary election despite criticism from the opposition over its handling of the COVID-19 pandemic and the economy, partial results showed on Monday,
Leicester City manager Brendan Rodgers has hailed the partnership between Kelechi Iheanacho and Jamie Vardy as a real threat to their oppositions.

Leicester City boss: Kelechi Iheanacho, Jamie Vardy combination a real threat

Leicester City manager Brendan Rodgers has hailed the partnership between Kelechi Iheanacho and Jamie Vardy as a "real threat" to their oppositions.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Mai Tangale crisis: Gombe governor inaugurates commission of inquiry

Following the violent crisis that engulfed Billiri town in Gombe State between February 17 and 20, 2021 over the Mai Tangale stool tussle, leading to loss of lives and property, the Governor Muhammadu Inuwa Yahaya, on Monday, inaugurated an 11-man Commission of Inquiry to ascertain the immediate and remote causes of the crisis with a view to preventing future occurrence.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in her goodwill message yesterday during the commemoration of the “2021 International Women’s Day National Policy Dialogue,” noted that through the implementation of Finance Acts 2019 and 2020, the federal government is providing tax relief and other forms of support to micro, small and medium enterprises (MSMEs), many of which are owned by women.

Minister: Nigerian government rejected governors’ request to borrow from central bank for March shortfall

The federal government turned down a request by state governors to borrow from the Central Bank of Nigeria (CBN) to augment the N50 billion federation account allocation committee (FAAC) shortfall in March.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

GOC charges soldiers to be combat ready

Maj.-Gen. Taoreed Lagbaja, the General Officer Commanding, 82 Division, Nigerian Army, has charged soldiers to be combat ready and maintain physical fitness.

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Attacks: Plateau university, STF beef up security

The Plateau State University (PLASU), Bokkos, and STF have adopted new modalities to beef up security in and around the Ndar Students’ Village.
Dr Adetokunbo Pearse, a chieftain of the Peoples Democratic Party (PDP) in Lagos State, has advised Amb. Taofeek Arapaja, the newly-elected National Vice-Chairman, South-West, to instill more discipline in the party.

Ambassador Arapaja urged to instill more discipline in South-West PDP

Dr Adetokunbo Pearse, a chieftain of the Peoples Democratic Party (PDP) in Lagos State, has advised Amb. Taofeek Arapaja, the newly-elected National Vice-Chairman, South-West, to instill more discipline in the party.

SPW: Nigerian government commences partial payment of beneficiaries

The Federal Government has commenced partial payment of the N20,000 monthly stipend to the 774,000 beneficiaries of the Special Public Works programme.
Embattled President of African Development Bank (AfDB), Dr Akinwumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month.

Nigerian government, AfDB collaborate on special agro processing

As part of the Buhari administration’s efforts to transform agricultural productivity in the country, the Federal Government in partnership with the African Development Bank (AfDB) and other stakeholders are set to roll out a Special-Agro Industrial Processing Zones (SAPZ) programme aimed at concentrating agro-processing activities in demarcated areas to boost productivity and integrate production, processing and marketing of selected commodities.
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has not approved any drug or vaccine for the treatment of COVID-19.

NAFDAC sues for dialogue with striking workers

The management of the National Agency for Food and Drug Administration and Control (NAFDAC) has urged its aggrieved workers to call off their industrial action and embrace dialogue to address their concerns