SEC, Group to Train Security Agencies, Lawyers On Tackling Ponzi Scheme

ABUJA — The Securities and Exchange Commission (SEC) in collaboration with the Attorney General Alliance Africa (AGA-Africa) will train law enforcement agencies, lawyers, and the public on the prevention of Ponzi scheme operations in the country. A statement by a joint committee of SEC and AGA-Africa in Abuja on Sunday said the training would be a two-day webinar to educate the stakeholders on the prevention and investigation of Ponzi schemes. The committee noted that the...

NNPC Says No Plan to Increase Petrol Price, Cautions Against Panic Buying

ABUJA —  The Nigerian National Petroleum Corporation (NNPC) has advised motorists to stop panic buying of Premium Motor Spirit (PMS) also known as petrol saying it has no plan to increase the ex-depot price in March. NNPC disclosed in a statement by its spokesman, Dr. Kennie Obateru, in Abuja on Sunday. The News Agency of Nigeria (NAN) reports that ex-depot price is the price at which depot owners sell products to marketers. The price determines...

Edo Dry Port: Obaseki Pledges Govt.’s Support, Speedy Take-off

BENIN —  The Edo government on Wednesday pledged the government’s support and speedy take-off of the AMES-Edo Inland Container Dry Port. Gov. Godwin Obaseki made the pledge when he paid an on-the-spot assessment visit to the project site at Agbonmoba community near Benin. Obaseki said that the project, which was conceived more than seven years ago, had experienced tenacity and doggedness from the Atlantique Marine Engineering Services (AMES), promoters of the project. He said that...

Tricycle Riders Clashes With Police In Kano

KANO CITY — Youths suspected to be tricycle riders have clashed with police operatives at Gyadi-Gyadi court road in Kano city, Kano State. They were on strike to resist the N100 daily tax enforced by the state government through the Kano State Roads and Traffic Agency (KAROTA) among other issues. The riders said the action becomes necessary to avert what they described as extortion in the name of tax and other fines. The police had...

Poultry Farmers In Jos Decries Hike In Feeds

JOS — Poultry farmers in Jos, Plateau state have decried the hike in feeds and other consumables. Some farmers, who spoke to newsmen in Jos, said the situation may send many of them out of business because they could not bear the rising cost of the feeds. Okopi Sule, a poultry farmer, said that input had become outrageously high and income from the business becoming extremely low. “Many farmers could no longer break even in...

Governor Makinde Orders Reopening Of Shasa Market

Governor Seyi Makinde of Oyo state has ordered the immediate reopening of Shasa market in Akinyele Local Government Area of the state shut down two weeks ago after Hausa and Yoruba traders clashed. The mayhem claimed several lives and some houses razed in the crisis. The Governor while addressing leaders of the Hausa and Yoruba communities at the House of Chiefs, Secretariat, Agodi, Ibadan, on Tuesday, promised to move workers to the site of the...

UK Firm Holds Programme for Nigerian, African Leaders, Launches New Website

ABUJA —  Caroline Lucas, an ardent advocate of Nigeria’s greatness and a Director of the UK firm, TEXEM UK says the world has never encountered a more disruptive year than 2020 when COVID-19 negatively affected global organisations. A statement by Caroline Lucas of TEXEM UK released in Abuja on Sunday announced that on March 10 and March 11, the firm would hold live virtual sessions with Nigerian and other global business leaders to proffer strategies...

Pilgrimage With Ease, Hajj Savings Scheme Launch In Adamawa

Respite has come for Muslim low-income earners to have access and perform Hajj pilgrimage with ease being one of the pillars of Islam as the National Hajj Commission of Nigeria (NAHCON) has introduced a scheme “Hajj Savings Scheme”, a deliberate move to reduce difficulty in paying hajj fare by the category of such persons. At the launch of the scheme in Yola, the Adamawa State capital held at Nyako Center in the State Secretariat, the...

Citing 0.10 Percent GDP Growth, APC Claims Buhari Keeping His Promises

The All Progressives Congress (APC) claims the administration of President Muhammadu Buhari is keeping his promises to Nigerians. John Akpanudoedehe, national secretary of the APC caretaker and extra-ordinary convention planning committee (CECPC), said this in reaction to the report that Nigeria exited recession after its gross domestic product (GDP) grew by 0.11 percent. In a statement on Thursday, Akpanudoedehe said the report gave credence to the fact that the Buhari administration is doing as he...

FG Appoints Haliru Nababa New CG NCoS –Spokesman

ABUJA —  President Muhammadu Buhari has appointed Mr. Haliru Nababa, as the new Controller General of the Nigeria Correctional Service (NCoS), the Service Public Relations Officer (SPRO), Mr. Francis Enobore, announced in a statement, on Thursday, in Abuja. The News Agency of Nigeria (NAN) reports that Nababa’s appointment is, however, subject to the Senate’s confirmation in line with the provisions of the New Act establishing the NCoS 2019. Enobore noted that Nababa had headed many...

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