Global Business News
Global Business News
Global Business News

Yola, April 18, 2023 There are unconfirmed reports that INEC has resumed the collation of results of the Adamawa Supplementary Election. This is contrary to a statement issued by the INEC headquarter on Tuesday that the collation of the results had been suspended indefinitely until the INEC Administrative Office in Adamawa would be ready. Reports said the collation centre re-opened on Tuesday with heavy security presence at the Yola venue. Adamu Gujungu, the INEC Administrative Secretary in the state, who has been mandated to take charge of the collation center, …

Abuja, April 18, 2023 – Usman Baba, the Inspector General of Police (IGP), has recalled Mohammed Barde, the Commissioner of Police on Election Duty in Adamawa State. he has been replaced by Etim Equa, the Commissioner of Police in Gombe State, to take charge of the remaining election duties in Adamawa State. Muyiwa Adejobi, the Force Public Relations Officer, confirmed this development. Adejobi, while addressing journalists in Abuja on Tuesday, said the development was an indication that that IGP was committed to a free and fair electioneering process. “The IGP …

Abuja, April 18, 2023 – The Federal Government may start implementing a 40 per cent salary increase for civil servants by the end of April. The salary increase is to alleviate the impact of the petrol subsidy removal planned for June. Olajide Oshundun, the Director of Press and Public Relations at the Ministry of Labour and Employment, told journalists in Abuja that the payment might begin by the end of April. He, however, said it was uncertain the president had given his nod for the pay raise proposal. “Consequential allowance …

Abuja, April 18, 2023 – Justice Inyang Ekwo of an Abuja Federal High Court on Tuesday declined to hear an ex-parte motion brought by Sen. Aisha Dahiru-Ahmed, also called Binani, the All Progressives Congress (APC) candidate in the Adamawa governorship election. The judge, instead of hearing the motion, directed Binani’s counsel, Mohammed Sheriff, to address the court on the issue of jurisdiction before hearing the substantive motion. Upon resumed hearing on the matter in Abuja on Tuesday, Afeez Matomi announced appearance for Gov. Ahmadu Fintiri, the third respondent. Justice Ekwo …

Abuja, April 18, 2023 – The Nigerian Railway Corporation generated N715.09 million revenue in the third quarter of 2022, according to the National Bureau of Statistics (NBS). The NBS Rail Transportation Data for Q3 and Q4 2022 released in Abuja on Tuesday gave the statistics. The report showed that the figure dropped by 60.52 per cent from the N1.81 billion generated in the third quarter of 2021. Similarly, N101.84 million was generated in the third quarter of 2022 from goods/ cargos, a drop by 7.04 per cent from N109.56 million …

Gombe, April 18, 2023 – Sen. Danjuma Goje has been suspended from the All Progressives Party (APC). His suspension was announced on Tuesday after a closed-door meeting of the Kashere Ward Executives. The Ward Chairman, Taminu Abdullahi, said the suspension was in line with article 21 subsection (1), (2) and (3) of the party constitution, as amended. He said Goje had been warned of his anti-party activities through a letter, but he never desisted. Abdullahi alleged that when Goje was invited by the five-man committee to investigate his activities during …

Abuja, April 18, 2023 – The announcement of the result of Adamawa Supplementary election will wait longer as INEC has postponed the collation of the result till further notice. The commission announced this on Tuesday after an emergency meeting with its National Commissioners in Abuja. INEC said that the new date for resumption of collation would be determined by the returning officer. A statement issued at the end of the meeting said the meeting also resolved to write the Inspector General of Police for the immediate investigation and prosecution of …

Abuja, April 18, 2023 – A Federal High Court in Abuja on Tuesday quashed the removal of Sen. Ifeanyi Ararume as Chairman of Nigeria National Petroleum Company Limited (NNPCL) by President Muhammadu Buhari. Justice Inyang Ekwo, in his judgement, directed that Ararume be restored as Chairman of NNPCL. He gave the judgment in the suit FHC/ABJ/CS/1629/2022 filed by Ararume challenging his removal from office. Ararume had argued that his removal from office was a violation of the Companies and Allied Matters Act (CAMA). He prayed the court to restore him …

Abuja, April 17, 2023 – AMCON has acquired assets of Glano Nigeria Limited in the bid to recover over N2 billion debt. Th acquisition followed the order of Justice I. N. Buba of the Federal High Court, Lagos Division, for AMCON to take-over the company. AMCON announced the take-over of the company on Monday, saying it had been in an endless court battle with Glano and its promoters since 2016. It said the court finally decided to back AMCON’s takeover of Glano having looked at the case in its entirety, …

Akure, April, 17, 2023 -The Ondo State Police Command has arrested seven suspects for stoning a 35-year-old driver to death. The victim, Olorunfemi Tope, was allegedly involved in an accident where his vehicle killed one person and injured some others along Ijoka Road in Akure on April 10. The victim was accused of being a ritualist following the discovery of some fetish objects in his vehicle. SP Olufunmilayo Odunlami-Omisanya, the Police Spokesperson in the state, on Monday confirmed that seven persons were in police custody. The police listed the principal …