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Monthly Archives: November 2017

“We want improved revenue allocation from FG”-South-East/South South Governors declare

Governors of the South East and South South States of Nigeria have made a request for improved revenue allocation to the two regions to enable them meet the yearnings and expectations of their people. Rising from a meeting of the South South/South East Governors Forum held at the Hilltop Mansion, Government House, Uyo, Akwa State, the Forum reiterated its earlier ... Read More »

Millionaire Vigeo Boss, Victor Osibodu in N8.9billion Financial Mess

Millionaire Businessman and philanthropist, Victor Gbolade Osibodu is in huge financial mess, and Ecobank is lining up to take over his massive corporate empire except he clears his alleged indebtedness. A Federal High Court sitting in Lagos, South West, Nigeria, on Wednesday November 22, 2017 issued an order restraining the businessman, and his company, Vigeo Limited from making any withdrawal ... Read More »

Adekunle, Nigerian-British First Class Engineer Seals Deal with Apple

Apple Stores in the United States and United Kingdom have begun the sale of gaming robots, MekaMons, built by a Nigerian-British, Silas Adekunle. Adekunle’s company, Reach Robotics struck the deal with Apple recently. The product with a price tag of $299.95 went on sale from 16 November in the shops and online. The robots can  be operated with an iPhone ... Read More »

FCMB Buys Controlling Shares in Equity Pensions

FCMB has taken controlling shares in Legacy Pension Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company from 28.2 percent to 88.2 percent, was concluded at the Completion Board Meeting of Legacy on Tuesday, November 21, 2017 in Abuja. The completion of the transaction follows the approvals of the Central Bank of Nigeria, the National Pension Commission, and the Securities and Exchange Commission. FCMB Group’s acquisition ... Read More »

Senator Adeola (Yayi) is best man as Next Ogun Governor-Group

Ogun West Consultative Forum (OGWCF) has endorsed Senator Solomon Adeola as the zone’s  governorship candidate. Adeola, who represents Lagos West in the Eighth Senate, is vying for Ogun State governorship, on the platform of All Progressives Congress (APC). Last week, Ijebu-Remo Governorship Agenda Elders Forum, endorsed serving Commissioner for Commerce and Industry, Bimbo Ashiru as Ogun East APC consensus candidate. ... Read More »

Read Mugabe’s Resignation Letter

President Robert Mugabe’s resignation letter was read out by Zimbabwe parliamentary Speaker Jacob Mudenda to lawmakers gathered at a conference centre in Harare to discuss an impeachment motion on Tuesday. It read: State House Harare Zimbabwe 21 November 2017 The Honourable Jacob Mudenda Notice of resignation as President of the Republic of Zimbabwe In terms of the provisions of section ... Read More »

Dimeji Bankole Speaks “The Nigeria of my dreams”

By Dimeji Bankole In 2003, I was elected to the House of Representatives to serve the Abeokuta South constituency, in Ogun state. My eight years in elected office made me less optimistic about change in Nigeria, but more realistic. The political system was not designed to allow people like me – a 37 year old from the private sector who ... Read More »

Uhuru at last for Zimbabwe as President Mugabe Resigns

Today November 21, 2017 will become the new Liberation Day for Zimbabwe as long-time President, Robert Gabriel Mugabe has resigned. The former president who has been in office for the past 37 years since the country gained independence from the British was pressurized by the Military and his party, ZANU-PF. His resignation followed a notice in parliament for his impeachment ... Read More »

DSS, EFCC Clash over arrest of Ex-DSS Boss, Ekpeyong Ita

Drama is currently playing out at the home of a former Director-General of the Department of State Services, Ekpenyong Ita, as men of the DSS are preventing operatives of the Economic and Financial Crimes Commission from arresting him. Our correspondent who is also at the scene, reports that EFCC operatives arrived at the scene around 11am with an arrest warrant. The EFCC ... Read More »

El Rufai’s Education Commissioner, Nok is dead

Andrew Nok, the Kaduna State commissioner of education who facilitated the much publicised Teacher’s IQ Test, is dead. He was 55. Nok had been down with an undisclosed ailment, and was on admission at an Abuja hospital. He was discharged last week, but passed on in the early hours of today, Tuesday, November 21st. Government officials, friends and well wishers are at ... Read More »