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SEC warns of unregistered online platforms

The Securities and Exchange Commission on Thursday warned the investing public to tread with caution as there are several unregistered online investment and trading platforms facilitating access to trading in securities listed in foreign markets.

Nokia, Lenovo conclude patent deal, settles litigation

Finnish telecom equipment maker, Nokia Corp., said on Wednesday it had concluded a multi-year multi-technology patent cross-license agreement with Chinese personal computer and mobile maker Lenovo Group Ltd.
YIAGA Africa

CSO kicks, calls for amendment of controversial CAMA 2020

A Civil Society Organisation, CSO, Yiaga Africa, Wednesday, expressed worry, kicked and called for the amendment of the controversial Companies and Allied Matters Act 2020.
The Chairman of Benue State Traditional Council and paramount ruler of the Tiv tribe, Tor Tiv His Majesty, Prof. James Ayatse has assured Governor Samuel Ortom of adequate protection by the Tiv Traditional Council despite threat to his life by a Fulani group.

Benue traditional rulers assures governor of adequate protection

The Chairman of Benue State Traditional Council and paramount ruler of the Tiv tribe, Tor Tiv His Majesty, Prof. James Ayatse has assured Governor Samuel Ortom of adequate protection by the Tiv Traditional Council despite threat to his life by a Fulani group.
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.

Minister: Capital market key to economic growth of nations

Speaking at the Securities and Exchange Commission yearly Budget Seminar with the theme “Financing Nigeria’s Budget and Infrastructure Deficits through the Capital Market” held virtually Thursday, the minister said, “experiences have shown that the Nigerian capital market has been quite supportive in providing the necssary funds needed to finance government’s needs”.
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.

AfDB named the world’s best multilateral financial institution

The African Development Bank (AfDB) has been named the “Best Multilateral Financial Institution in the world for 2021”. The prestigious US magazine, Global Finance, specialising in financial markets and investment banking, did the assessment and announced the award.
ActionAid Nigeria (AAN)

ActionAid, ASCAB raise concerns over worsening insecurity

Some civil society groups have raised concerns about spike in criminal activities ranging from armed banditry, abductions and killings, especially in the northern and central parts of the country.
FILE PHOTO - Australian Prime Minister Scott Morrison arrives at Haneda airport in Tokyo, Japan, November 17, 2020. REUTERS-Issei Kato

Australian police close investigation into ‘rape’ by cabinet minister

Australian police said on Tuesday an investigation into a rape allegation against an unidentified cabinet minister was closed after authorities concluded there was insufficient

PIB: Stakeholders want 10 percent derivation for host communities

Stakeholders in the oil and gas industry, Thursday demanded a raise of the oil operating expenditure from 2.5 per cent to 10 per cent for host communities in the new petroleum industry bill (PIB).

ICPC boss says virtual assets, cryptocurrencies risky for Nigeria

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, on Tuesday said virtual assets and cryptocurrencies are risky for implementation in Nigeria.
Governors of the thirty-six states of the country under the aegis of the Nigeria Governors Forum, NGF will be meeting tomorrow, with evolving a new national security order that will ensure the safety of lives and property nationwide topping the agenda

NGF: Nigeria cannot sustain open grazing

Thirty–six State Governors under the aegis of the Nigeria Governors’ Forum, NGF, has said that Nigeria as a country cannot sustain open grazing, just as they stressed the need to strengthen the National Livestock Transformation Plan.
Chief of Army Staff, Lt. Gen. Tukur Buratai, on Monday met with President Muhammadu Buhari to brief him on efforts by the military to tame the wave of banditry and terrorism, especially in the North.

Rights abuse: 27 Groups petition 31 embassies over General Buratai, others

A coalition of 27 human rights and advocacy groups has petitioned 31 Embassies, including European Union (EU), United Kingdom, and many African countries, urging them to reject the posting of former Chief of Army Staff, Lt General Tukur Buratai (rtd), and others over human rights abuses and extra-judicial killings perpetrated under his leadership as army chief.
Former Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Bello Adoke (SAN).

Malabu scandal: Ex-AGF petitions IGP over ‘forged’ email

Adoke, in his petition dated February 5, claimed that the evidence presented against him at the Italian court was “forged” with the intent to interfere with the course of justice.
The Secretary to the Government of the Federation (SSG), Boss Mustapha, on Tuesday disagreed with Director General of the Nigerian Centre for Disease Control (NCDC), Chikwe Ihekweazu, when he called on the House of Reps to amend the Quarantine Act.

PTF: Nigeria records four cases of UK coronavirus variant strain

Mr Boss Mustapha, Chairman, Presidential Task Force (PTF) on COVID-19 and Secretary to the Government of the Federation, said Nigeria recorded four cases of COVID-19, B117 variant strain, first reported in the UK.
Governor Atiku Bagudu of Kebbi State 2

Governor Bagudu: Nigeria disposed to maintaining peace with her neighbours

Kebbi Governor, Alhaji Atiku Bagudu, on Tuesday, observed that Nigeria had always been disposed to maintaining peace with her neighbours, especially on thorny boundary issues.
French Finance Minister Bruno Le Maire said the tariffs would not have been “legitimate” under World Trade Organization rules in any case and redoubled his call for a global solution.

US suspends tariffs against French goods over digital service tax

The United States says it will hold off slapping tariffs on French cosmetics, handbags and other imports in retaliation for a digital services tax (DST) Washington says will harm US technology firms, while it investigates similar taxes elsewhere.
In front of an American flag, nurse Lillian Wirpsza administers a COVID-19 vaccine to Shylee Stewart, a labor and delivery nurse at George Washington University Hospital, in Washington, D.C., U.S. December 14, 2020. Jacquelyn Martin-Pool via REUTERS

Official: One million Americans vaccinated against coronavirus

More than a million people have received their first dose of a Covid-19 vaccine in the United States, Centers for Disease Control and Prevention (CDC) director Robert Redfield said Wednesday.
President Muhammadu Buhari says his administration will embark on a comprehensive health sector reform aimed at providing a world class 21st century health care system, capable of responding effectively to future pandemics.

President Buhari promises to deliver world class healthcare system to Nigerians

President Muhammadu Buhari says his administration will embark on a comprehensive health sector reform aimed at providing a world class 21st century health care system, capable of responding effectively to future pandemics.
Secretary to the Government of the Federation (SGF) and Chairman of the PTF on COVID-19, Mr Boss Mustapha, who raised the concern on Thursday during the daily press briefing by the task force in Abuja.

Nigerian government advises states to limit public gatherings amid coronavirus spike

Nigeria is advising its sub-regions to limit public gatherings, close bars and night clubs over the next five weeks amid a spike in new Covid-19 cases, a government coronavirus task force said on Monday.
President Muhammadu Buhari, on Friday, said the Federal Government would engage the services of members of the National Youth Service Corps to champion the implementation of the Sustainable Development Goals 2030 at the grassroots.2

Coronavirus: Nigerian government shuts bars, nightclubs; restricts guest at wedding to 50

The Federal Government has ordered the closure of bars, nightclubs, and restaurants across the country, just as it reduced the number of guests at weddings, conferences, among others, to 50, following the second wave of COVID-19.
As investors’ confidence is gradually returning to the Nigerian capital market despite the lull in economic activities, the United Capital Plc, leading fund manager in Nigeria has recorded another landmark with the launching of the nation’s first designated mutual fund for N1.0 billion Sukuk Fund.

United Capital deepens alternative finance with N1 billion maiden Sukuk fund

As investors’ confidence is gradually returning to the Nigerian capital market despite the lull in economic activities, the United Capital Plc, leading fund manager in Nigeria has recorded another landmark with the launching of the nation’s first designated mutual fund for N1.0 billion Sukuk Fund.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

‘Hacker’ arraigned for cyber-stalking, extortion

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a hacker, Chris Ihebuzor, before at an Ikeja Special Offences Court for alleged stealing, cyber stalking and extorting money from Access Bank Plc.

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Prime Minister Yoshihide Suga said on Friday that Japan remained determined that the Olympics would go ahead as planned in Tokyo this summer.

Japanese premier to travel to U.S. for talks with Joe Biden

Japanese Prime Minister Yoshihide Suga is set to depart for the United States (U.S.) on Thursday for talks with President Joe Biden amid the Coronavirus pandemic (COVID-19) and tension with China.

Greece lifts quarantine requirement for tourists

Greece plans to lift its one-week quarantine requirement for tourists from European Union countries from Monday.

Gani Adams: Nigeria ruling class averse to restructuring

The Aare Onakakanfo of Yorubaland, Gani Adams, has said the agitation for restructuring has metamorphosed into self-determination.

Somalia condemns ‘threats’ from foreign allies

Somalia has accused some of its foreign backers of undermining its sovereignty after the embattled government was threatened with sanctions over a decision to extend its mandate by two years.

Senior lawyers back governors rejection of Executive Order 10

Human rights lawyer Femi Falana (SAN), on Wednesday, said state governors have the right to ignore Executive Order 10 in their implementation of judicial and legislative autonomy in their states.

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Mr Adeniyi Adebayo, the Minister of Industry, Trade and Investment, says the Federal Government has initiated a process to revive the collapsed industries in Kano State.

Minister: Nigerian government determined to lift country out of poverty, unemployment

The Federal Government says it is determined to do all it entails to lift the country out of poverty and unemployment.

UN seeks funds to ease hunger in Mozambique as conflict deepens

The World Food Programme on Tuesday said it needed $82 million to provide life-saving assistance to hundreds of thousands of people facing severe hunger in violence-ravaged northern Mozambique.

Ex-minister: Nigeria can host African Games with facilities in Benin

Former minister of youth and sports development, Solomon Dalung, says Nigeria can host the African Games with the current facilities in Benin.
The police command in Ekiti on Friday confirmed the killing of a police officer as gunmen allegedly abducted a Chinese expatriate in Ado Ekiti, the Ekiti State capital.

One killed, 10 abducted in attack on Niger community

One person was killed and 10 others kidnapped yesterday in a broad daylight invasion of Gurmana Community in the Shiroro Local Government Area of Niger State.
Nobuaki Kurumatani’s resignation is the latest development in years of upheaval at the firm, which only won back its spot on the first section of the Tokyo stock exchange earlier this year after restructuring.

Toshiba chief resigns as buyout offer stirs turmoil

Toshiba’s CEO resigned on Wednesday as a buyout offer from a private equity fund stirs turmoil inside the storied Japanese company, with reports suggesting two other funds are considering bids.