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Olabisi Onabanjo University

Nigeria 2019: Notes from the field

Whoever came up with the wise saying that Nigerian politics is dirty deserves an award for perspicacity. I have just returned from that dirtied, muddled up, confused, uncertain, unpredictable zone of Nigerian life and society with truck loads of stories in my head and enough impressions in my mind to last me another life-time.

Justus Sokefun emerges new NOUN deputy vice-chancellor

The Senate of the National Open University of Nigeria (NOUN), has elected Professor Justus Adedeji Sokefun as the new Deputy Vice-Chancellor (Administration).
election inec nigeria

Election rescheduling’ll affect inflow of foreign investments – experts

Financial experts on Saturday said the hasty postponement of the general elections by the Independent National Electoral Commission would create uncertainty and affect inflow of foreign investments.
President Buhari presents 2019 Budget to the National Assembly on 19th Dec 2018-5

Experts decry budget delays, seek quick passage of 2019 budget

Financial experts on Monday called for speedy passage of the 2019 budget saying incessant delay in the approval of budgets over the years contributed to the downturn in the economy.

Experts: Low awareness, threat to green bond investment in Nigeria

Some financial experts on Monday expressed decried the low level of awareness on green bonds investment in Nigeria.

Sagamu/Abeokuta expressway accident kills five die

Five persons were confirmed dead on Tuesday while two others sustained injuries in an accident involving a Subaru car and a Honda bus at Orile Imo area on the Sagamu/Abeokuta expressway.

Court remands fake lawyer in prison custody

An Area Court in Jos on Friday remanded Lawrence Abiola in Jos Prison till Dec. 14 for allegedly parading himself as a professional lawyer.

EFCC arrests 24 university students for internet fraud

The Economic and Financial Crimes Commission (EFCC) in Ibadan has arrested 36 suspected internet fraudsters at 21, Sawmill Road, Awa-Ijebu, Ogun state.

WAUG: UNIPORT emerges overall winner, UNILAG, Ghana university shine

University of Port Harcourt on Monday emerged the overall winner of the 14th West Africa University Games hosted by the institution in Port Harcourt.
Skye Bank

Investors react to central bank’s takeover of Skye Bank

Shareholders and financial experts have expressed mixed reactions over the decision of the Central Bank of Nigeria, CBN, to revoke the licence of Skye Bank.

DJ Spinall signs international record deal

Talented Nigerian Disc Jokey, Desmond Sodamola a.k.a DJ Spinall has signed a major international record deal with a music label, Atlantic Record in the United Kingdom.
Nigeria Stock Exchange

Investors on Nigerian bourse lose N2.49 trn in 7 months

Investors on the Nigerian Stock Exchange (NSE) lost N2.49 trillion or 15.64 per cent between January and July, a development experts attribute to the political uncertainty in the country.

Lagos government urged to reprioritise light rail project

Prof. Sheriffdeen Tella of the Economics, Department, Olabisi Onabanjo University, Ago-Iwoye, Ogun, on Monday urged the Lagos State Government to reprioritise ongoing projects to avoid affordable losses and reduce the risk of abandonment.

AMCON: Six banks pay N155.45 billion into sinking fund in three years

Six commercial banks have made payments totaling N155.45 billion into the sinking fund of Asset Management Corporation of Nigeria (AMCON) within three years, the News Agency of Nigeria (NAN), reports.
Muritala Babatunde and Taiwo Razak, Black Axe Fraternity members arrested for murder

Two cultists arrested for murder of OOU students

Two members of the cult group Black Axe Confraternity have been arrested in Oru, Ogun state, over the chilling murder of a 22 year-old student Oriade Adebisi and his girlfriend, Julian Eke Imaga.
President Buhari signs 2018 Appropriation Bill into Law in State House on 19th June 2018 | State House

Experts: Quick release of budget funds will ensure optimum performance

Financial experts on Thursday advised the Federal Government to avoid bureaucratic bottlenecks and ensure quick release of funds for optimal performance of the 2018 budget.

Federal government urged to review federal revenue in favour of fiscal federalism

The Federal Government has been advised to rely on purely political criteria for intergovernmental revenue sharing as a means of fighting corruption.

NSE delists 22 coys over non-performance in two years

The Nigerian Stock Exchange expelled not less than 22 companies between 2016 and 2017 over non-performance and failure to meet the required post-quotation standards.

Recent Stories

The French Embassy in Nigeria has pledged investment in sports and educational programmes to promote French language speaking in Nigeria.

France to host the biggest dinner in Nigeria

The French Embassy in Nigeria on Tuesday said the country was set to host the biggest French dinner in Nigeria.
At least 30 Nigerian soldiers have been killed in a gun battle with Boko Haram fighters who overran a military base in the country's northeast, according to military sources.

Troops neutralise Boko Haram terrorists in Michika

The Nigerian Army said on Tuesday that troops of 115 Task Force Battalion and 143 Battalion in two front coordinated attacks have successfully repelled Boko Haram terrorists in Michika, Adamawa State.

Minister: Federal government committed to Zungeru power project

The federal government has expressed its commitment to the speedy execution of the Zungeru hydro Power Plant project due to its economic benefits. To this end the government said it will continue to ensure the release of its counterpart funds.
The President of the Senate, Dr Bukola Saraki has cautioned politicians against overheating the polity ahead the general elections.

Senate passes 2019 Budget for second reading

The bill scaled second reading at the upper legislative chamber on Tuesday — three months after President Muhammadu Buhari presented it.

Alexis Sanchez desperate to ‘bring joy’ to Manchester United fans

Alexis Sanchez is determined to put his difficult first year at Manchester United behind him and deliver success to the club's fans.