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The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

PDP members ask ICPC to investigate Governor Obaseki

Some members of the People’s Democratic Party (PDP) under the aegis of Concerned Edo PDP Stakeholders have petitioned the Independent Corrupt Practices Commission (ICPC) over alleged diversion of state funds by Governor Godwin Obaseki.
The leader of the Yoruba Socio Cultural Group, Egbe Afenifere and a chieftain of the All Progressives Congress, APC, Senator Ayo Fasanmi is dead.

Osun: Pa Fasanmi was selfless, humble leader

“Pa Fasanmi was an icon who left indelible footprints in the sands of time. Baba Fasanmi was a leader who demonstrated his love for our great country in many laudable ways, but more heart-warming was how he showed optimal concern for the welfare of the poor and underprivileged, and how he held leaders accountable on their promises of good governance.”
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank approves $500 million credit for Nigerian girls’ education

The World Bank Board of Directors has approved $500 million credit from the International Development Association (IDA) for the Adolescent Girls Initiative for Learning and Empowerment (AGILE).
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB Group supports Ghana’s coronavirus response plan with $69 million grant

The Board of Directors of the African Development Fund (ADF) on Friday approved a $69 million grant to support Ghana’s efforts to tackle the COVID-19 pandemic and mitigate its socio-economic impact on the nation.
Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021.

Fidelity Bank appoints Nneka Onyeali-Ikpe as managing director-designate

Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021.

Segun Agbaje elected into PepsiCo board of directors

PepsiCo has elected Segun Agbaje as an independent member of its Board of Directors.
The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

New SEC chief Lamido Yuguda assumes office

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.
Mustafa Chike-Obi

Mustafa Chike-Obi emerges new Fidelity Bank chair

“Under the chairmanship of Ebi, Fidelity Bank recorded significant growth across key financial metrics with both Ebi and Adetu playing significant roles, complementing management effort in the delivery of these milestones; in service of the long term vision of the Bank,” a bank spokesperson said in a statement.

Akinwumi Adesina has not been asked to step down – AfDB board chair

The President of the African Development Bank, Akinwumi Adesina has not been asked to step down, Mme Niale Kaba, the chairman of the bank’s Bureau of the Boards of Governors said today.
Three first team players at La Liga club Real Betis have tested positive for coronavirus, according to Cadena Ser.

Three more LaLiga players contract coronavirus as Spanish league plans to resume June 20

Three first team players at La Liga club Real Betis have tested positive for coronavirus, according to Cadena Ser.
L’Équipe report that the French football league body, the LFP, are working to restart Ligue 1 action on one of the following two dates, amid the ongoing disruption caused by the COVID-19 pandemic- June 3rd or June 17th

French players called to go on strike if Ligue 1 not expanded to 22...

Former PSG and Toulouse manager Antoine Kombouare has called on players to go on strike next season if Ligue 1 is not expanded to 22 clubs.
December 7 is now being suggested as the new date for the El Clasico between between Barcelona and Real Madrid at Camp Nou.

Barcelona, Real Madrid plan 30% player wage cuts

Barcelona and Real Madrid are both planning to reduce their first team squad salaries by 30% ahead of the 2020-21 La Liga season.
Lafarge Africa on Friday announced the retirement of Mr Mobolaji Balogun as the chairman of the company effective June 4.

Mobolaji Balogun retires as Lafarge Africa chairman

The company said this in a statement by Mrs Folashade Ambrose-Medebem, Director, Communications, Public Affairs and Sustainable Development, posted on the Nigerian Stock Exchange (NSE) website.
The National Industrial Court in Abuja has ordered the Nigerian Bulk Electricity Trading (NBET) to pay a whistleblower, Sambo Abdullahi, all his salaries and other emoluments from December 22, 2017, till date.

President Buhari reconstitutes NBET board

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).
Enyimba will begin their Nigeria Professional Football League (NPFL) title defence, with a home fixture against Nasarawa United.

LMC, NPFL clubs meet online, ponder season ending options

Nigeria Professional Football League (NPFL) Clubs Thursday evening met through digital video conferencing with the leadership of the League Management Company (LMC) during which varying options to concluding the suspended 2019/20 season were deliberated on.

Nigerian Breweries declares N83.2bn revenue in Q1

The Board of Directors of Nigerian Breweries has announced a revenue of N83.2 billion for the first quarter ended March 31.
L-R: Chairman, South West Governor’s Forum and Ondo State Governor, Arakunrin Rotimi Akeredolu; his Counterparts from Osun, Ogun, Lagos, Ekiti and Oyo States, Mr. Gboyega Oyetola; Prince Dapo Abiodun; Mr. Babajide Sanwo-Olu; Dr. Kayode Fayemi and Mr. Seyi Makinde

Coronavirus: South West governors shut borders

Governors of the South West states agreed on Friday to shut all entry points to the region as part of the strategy to stop the spread of COVID-19 in the zone.

African Union appoints special envoys to mobilise international economic support for continental fight against...

The Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka, Mr Tidjane Thiam and Mr Trevor Manuel as Special Envoys of the African Union to mobilise international support for Africa’s efforts to address the economic challenges African countries will face as a result of the COVID-19 pandemic.

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The Ambassador of the Republic of Lebanon to Nigeria, Houssam Diab, has disclosed that majority of Nigerian girls in Lebanon were not trafficked into the country.

Majority of Nigerian ladies in Lebanon not smuggled – envoy

The Ambassador of the Republic of Lebanon to Nigeria, Houssam Diab, has disclosed that majority of Nigerian girls in Lebanon were not trafficked into the country.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Governor Obaseki approves all outstanding promotions in public service

The Edo State Governor, Mr. Godwin Obaseki, has approved all outstanding promotions in the state public service.

Court remands two men over ‘serial robberies with knife, rape’

A Yaba Chief Magistrates’ Court, Lagos, on Friday remanded two men in a Custodial Centre in Lagos, over alleged serial robberies, rape of one of their victims and receipt of stolen goods.

Fire outbreak in LASTMA yard guts 11 impounded vehicles

There is a fire outbreak in the yard of Lagos State Transport Management Agency located at Osodi, Lagos.
Hundreds of Osun-bound passengers, who had gathered at the Iddo Terminal of the Nigerian Railway Corporation (NRC) in Lagos for the free train ride of the Osun Government ahead of the Sallah, were stranded on Sunday.

FAAN trains NRC personnel on passenger screening

The Nigeria Railway Corporation (NRC) on Friday said it was collaborating with the Federal Airports Authority of Nigeria (FAAN) to train its personnel on passenger screening at train stations.