Public Announcement
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Bayo Adetu
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June 2, 2021
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BUSINESS
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This is to inform the public that our South East branches are fully open for business. Please disregard any news making the rounds that is contrary to this. Thank you. About FirstBank First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 127 years. With over …
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Senate Passes Law Prohibiting Discrimination Against HND Holders
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Bayo Adetu
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June 2, 2021
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NEWS
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The Senate on Wednesday passed a Bill prohibiting discrimination between first degree and Higher National Diploma (HND) holders for the purposes of employment and promotion, into law. The decision followed the consideration and adoption of a report on the Bill presented by the Senate Committee on Tertiary Institutions and TETFund, at plenary. Details later…
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SECRETARY APC LAGOS, RECEIVES 20 MILLION NAIRA TO UPTURN APC AMUWO ODOFIN LGA PRIMARIES RESULT
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Bayo Adetu
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June 2, 2021
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Uncategorized
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It is confirmed that the State Secretary of All Progressives Congress in Lagos State, Hon Lanre Ogunyemi received the sum of 20 Million Naira from Valentine Buraimoh, the outgoing Chairman of Amuwo Odofin to upturn the wishes of party faithfuls in Amuwo Odofin. According to a reliable source that the said money was received late hours of yesterday at an …
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Explosions: Senate Urges Clampdown On Illegal Gas Retailers
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Bayo Adetu
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June 2, 2021
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BUSINESS
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The Senate on Tuesday urged the Department of Petroleum Resources (DPR) to clamp down on illegal roadside retailers of liquefied petroleum gas, those operating within residential areas and licensed plants who lack basic and standard minimum requirements. It also mandated its committees on Gas and Industries to investigate the causes of the recent cases of gas explosions across the country …
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Naira Depreciates Further To N498/$
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Bayo Adetu
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June 2, 2021
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BUSINESS
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The naira continued its nosedive as it depreciated to N498 at the parallel market despite being stable at the Investors’ and Exporters’ window yesterday. Having depreciated to N495 to the dollar last week following the adoption of the Nigeria Autonomous Foreign Exchange (NAFEX) rate by the Central Bank of Nigeria (CBN), the naira remained unmoved on Monday at both I&E …
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CBN Spends Over N44bn On Cotton, Textile, Garment Sector In 2 Years
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Bayo Adetu
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June 2, 2021
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BUSINESS
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The Central Bank of Nigeria (CBN) said it has disbursed over N44 billion across the cotton, textile and garment (CTG) value chain between 2019 and 2020 and has been monitoring recovery over the period. The central bank also said its intervention in the sector has created over 620,000 direct and indirect jobs in two years while also ensuring that the …
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Drugs Scarcity Looms In Nigeria, As India Suspends Production
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Bayo Adetu
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June 2, 2021
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BUSINESS
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Scarcity of medical drugs is looming in Nigeria, as India halts production of raw pharmaceutical materials. India is the largest producer of the commodity. Already, the price of drugs has been on the rise in Nigeria, no thanks to the non-production of pharmaceutical raw materials in drug-producing countries -China and India. It was gathered that about 60 per cent of …
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Why APC Primary Election Results Are Yet To Be Announced
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Bayo Adetu
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June 1, 2021
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NEWS
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Leaders of the All Progressives Congress (APC) are yet to announce the results for the party’s local government primary election held across Lagos State last Saturday because results from many local governments are inconclusive, Newscarte can report. Some of the local governments where elections are considered inconclusive are Ojokoro, Alimosho and Ijede. Security has been beefed up at the party …
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Wife, Son Disagree On How NECO Registrar, Godswill Obioma, Died
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Bayo Adetu
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June 1, 2021
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NEWS
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The Registrar of the National Examinations Council, Professor Godswill Obioma, is dead. Obioma died on Monday night at his Minna residence in the Niger State capital. The deceased’s wife, Mrs Elizabeth Obioma, told newsmen that her husband was killed by assassins. “The assassins came in and killed him and left without taking anything,” she reportedly said. However, the son of …
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Primate Ayodele, NAOSRE President, Others Honour Newsextra Publisher As He Ties The Knot
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Bayo Adetu
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June 1, 2021
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ENTERTAINMENT
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The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele who was represented by Mrs Bolanle Aina, ex-House of Assembly candidate for Abeokuta South constituency II of Ogun State, Igbalaye Wasiu Ayodele, the president of National Association of Online Security Reporters, NAOSRE, Oyewale Femi were among dignitaries who attended the wedding of Adeyemi Obadimu, the publisher of Newsextra on Saturday …
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