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Home2018May

Month: May 2018

Business

Register With CAC From Any Country, No AGM Requirement … Here’s The New CAMA

May 16, 2018 Omoniyi Osadare 0

The new Companies and Allied Matters Act (CAMA), which was passed into law by the Nigerian senate on Tuesday, will make it possible to register a company from anywhere in the world. Speaking of the […]

Government

FG Queries Ambassador For ‘Attending’ Inauguration of US Embassy In Jerusalem

May 16, 2018 Omoniyi Osadare 0

The federal government has queried the Nigerian ambassador for reportedly attending the inauguration of the US embassy in Jerusalem. A presidency official confirmed this to state house correspondents on Tuesday. The decision of US President […]

CRIME

Six ‘Notorious Yahoo Yahoo Boys’ Arrested In Nigeria

May 16, 2018 Omoniyi Osadare 0

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested six suspected internet fraudsters also known as ‘yahoo yahoo boys’ in one of their hideouts in the Kubwa area of Abuja. According to a […]

Religion

Ramadan To Begin Thursday As Saudi Moon Observers Sight No Crescent | PremiumTimes

May 16, 2018 Omoniyi Osadare 0

Saudi Arabian moon observers said there was no sight of the Ramadan crescent on Tuesday, meaning millions of Muslims around the world will begin the holy month on Thursday. According to reports on Saudi Arabian […]

Politics

PremiumTimes INTERVIEW: Defection of nPDP Members Won’t Affect Buhari’s Chances In 2019 – El-Rufai

May 16, 2018 Omoniyi Osadare 0

Governor Nasir El-Rufai of Kaduna state has said that the defection of members of the nPDP from the governing All Progressives Congress (APC), cannot affect the chances of President Muhammadu Buhari in the 2019 election. […]

CRIME

INVESTIGATION: Inside a Multi-Million Dollar ‘Defence Contract Fraud’: Suspects Arrested In Israel As Nigeria Fails To Act | PremiumTimes

May 16, 2018 Omoniyi Osadare 0

On Sunday, March 18 this year, the Israeli police arrested three senior officials of Israel Shipyard Limited on charges of bribing government officials in Nigeria. The company’s Vice President for Marketing, Oded Breier, was one […]

Government

Buhari’s Government A Puppet In The Hands Of Oil Multinationals, Says Ijaw Group

May 15, 2018 Omoniyi Osadare 0

Ijaw People’s Development Initiative, a Niger Delta rights group, has described the Muhammadu Buhari government as “a puppet in the hands of oil multinationals”. The group said this in a statement condemning the non-implementation of […]

Government

2018 Budget: Each Police Station To Get Just N1,017 To Fuel Vehicles Per Day – Media Group | SaharaReporters

May 15, 2018 Omoniyi Osadare 0

Civic Media Lab, a media-tech foundation in Lagos, has revealed that its analysis of the 2018 Appropriation Bill now under consideration by the National Assembly revealed that each police station in the country will get […]

Politics

2019 And The Politics Of Campaign Finance By Reuben Abati

May 15, 2018 Omoniyi Osadare 0

Each Governor was reportedly asked by the ruling APC party to bring N250 million ahead of the party’s National Convention. When the public protested, recently, the party disclaimed the news even if it added that […]

Government

Fashola Tasks Power Distribution Companies To Be Proactive Ahead Rainy Season | PremiumTimes

May 15, 2018 Omoniyi Osadare 0

Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, on Monday urged power distribution companies to be proactive in their operations ahead of the rainy season. Mr. Fashola said the progress stakeholders are making in […]

Issues/Policy

PremiumTimes SPECIAL REPORT: How Visa Processing Firm, VFS Global, ‘Extorts’, ‘Mistreats’ Nigerians

May 15, 2018 Omoniyi Osadare 0

Theophilus Abbah, managing editor of Daily Trust newspaper, is one of Nigeria’s most regarded investigative journalists renowned for giving voices to the voiceless and helping the oppressed, the cheated, and the abused get justice. But […]

Nigeria

What Nigeria Will Do With $320 Million Abacha Loot – Buhari

May 15, 2018 Omoniyi Osadare 0

The federal government on Monday in Abuja announced that $320 million stolen funds by late military dictator, Sani Abacha, would be spent on the Conditional Cash Transfer scheme of the administration to support the poor. […]

Issues/Policy

Otodo-Gbame: How Eviction Forced Children Out of School; Rendered Parents Poor (II)

May 15, 2018 Omoniyi Osadare 0

In the second part of this report detailing how Otodo-Gbame evictees are living in pain in crowded Lagos slums, PREMIUM TIMES’ Oladeinde Olawoyin, who visited the communities, reports that many children have been evicted from school as […]

Politics

We Won’t Stop Omo-Agege From Resuming, Says Senate | TheCable

May 15, 2018 Omoniyi Osadare 0

The senate says Ovie Omo-Agege, senator representing Delta central, will not be prevented from resuming on Tuesday. Sabi Abdullahi, spokesman of the upper legislative chamber, said this on Monday while reacting to the court judgement […]

Issues/Policy

Soyinka: Anti-Corruption War Won’t Be Won Until Some Leaders Pass Through EFCC Doors by Dyepkazah Shibayan

May 15, 2018 Omoniyi Osadare 0

Wole Soyinka, Nobel laureate, says the struggle against corruption will not be won until some of the country’s leaders pass through the doors of the Economic and Financial Crimes Commission (EFCC). Soyinka said this on […]

Aviation

BAD BUSINESS: Eight Nigerian Airports Recorded Less Than 1000 Flights In 2017 | TheCable

May 15, 2018 Omoniyi Osadare 0

A recent report released by the Nigeria Civil Aviation Authority shows that eight of the 27 airports in the country recorded less than 1000 flights between January and December 2017. This figure captures both international […]

Education

WASSCE’s Digital Cheating Demands Severe Action | Punch

May 14, 2018 Omoniyi Osadare 0

MALPRACTICE reached a new low in the 2018 West African Senior School Certificate Examination when answers to questions were uploaded to candidates in the hall through digital platforms. Such platforms were earlier widely advertised with […]

Government

Ending State Sponsorship of Pilgrimages | Punch

May 14, 2018 Omoniyi Osadare 0

For stopping the sponsorship of religious pilgrimages, the Lagos State Government saved N4.5 billion in the past three years. The money is being deployed to road construction and the provision of other social amenities for […]

Government

Enforcing Tax Laws Compliance | Punch

May 14, 2018 Omoniyi Osadare 0

THE Federal Government’s extension of its tax grace period by further two months is a clear signal that it has not mustered the strong political will to clamp down on high profile tax dodgers. An […]

Banking

Money Laundering: CBN Goes Hard On Banks

May 14, 2018 Omoniyi Osadare 0

• Non-compliant bank’s Boards may be removed The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks and their staff […]

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