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Ghana increases public servants’ salaries by 30%

Accra, Jan. 14, 2023 – The Ghanaian government has agreed with trade unions to increase the salaries of all public servants by 30 per cent from 2023. This was disclosed in a joint statement as Ghana struggles to reduce debt and tackle rampant inflation. Cedi, the Ghanaian currency, dropped heavily against the US dollar last year as government spending cuts and central bank interest rate hikes failed to tame the spiraling inflation which had risen to a new high of 54 per cent last month. It was gathered that trade unions, …

General News Money market

Judgment Debt: Court orders CBN to freeze Polaris Bank’s accounts

Akure, Jan. 13, 2023 – An Ondo High Court has granted a ganishee order directing the Central Bank of Nigeria(CBN) to freeze the account of Polaris Bank over a judgment debt of over N2 billion. The order was made by Justice Adebusoye in an application filed by Ondo Attorney General and Commissioner for Justice, Sir Charles Titiloye, for Ganishee order attaching all the sums of indebtedness of Polaris Bank to Ondo State Government in a judgment delivered in suit No AK/75/2017. Titiloye had filed the application over alleged failure and neglect of …

General News

30m WASSCE digital certificates now available worldwide – WAEC

Lagos, Jan. 13, 2023 – About 30 million certificate holders who wrote the West African Senior Secondary School Certificate Examination (WASSCE) from 1970 can now access and share the original copies of their digital certificates from anywhere in the world. WAEC said that the introduction digital WAEC certificate will simplify the admission process for many Nigerians seeking to school abroad.  The Head of Nigeria National Office for WAEC, Patrick Areghan, said this on Friday during a webinar organised in partnership with UK-based Recognition Agency, ENIC.  According to the WAEC, the …

Business Planning General News Investment

Economy will be private sector-led if elected – Tinubu

Lagos, Jan. 13, 2023 – Bola Tinubu, the Presidential Candidate of All Progressives Congress (APC),  has promised that the Nigerian economy will be private sector-driven if elected. Tinubu made the promise on Friday in Lagos while presenting his economic plan before the organised private sector under the aegis of the Nigerian Economic Summit Group (NESG). Tinubu stressed the need to end the fuel subsidy regime, insisting that it has overstayed.  “My core belief is that the private sector must be the prime driver of economic progress. However, the government establishes the …

General News Sports

2023 Elections: Police begin training for 79 mobile force officers

Abuja, Jan. 13, 2023 – The Nigeria Police Force has started a two-week refresher training for 79 squadron commanders of the Nigeria Police Mobile Force at the Police Mobile Force Training College, Ila-Orangun, Osun State.     Usman Alkali Baba, the Inspector General of Police (IGP), said the training was geared at strengthening the operational efficiency of the squadron commanders and for more effective tactical deployment of their personnel to ensure a secured and hitch-free environment before, during, and after the 2023 general elections. The Force Public Relations Officer, CSP Olumuyiwa Adejobi, …

General News Manufacturing/Industry

BoI receives 1m applications for NG-CARES MSME grants

Lagos, Jan.13, 2023 – The Bank of Industry (BoI) on Friday said it had received over one million applications for the NG-CARES MSME grants across the states. The NG-CARES is an initiative of the World Bank and the Federal Government to support the recovery of communities, households, and businesses affected by COVID-19. The bank said this in a statement on Friday that the programme was state-owned and state governments were fully responsible for funding and selection of beneficiaries. It said that the funding arrangement allowed each state the autonomy to …

General News

Gunmen kidnap 2 farmers in Osun

Osogbo, jan. 13, 2023 – The Osun State Police Command has confirmed that two farmers were kidnapped by gunmen gunmen kidnapped two farmers at Ileogbo Town in Aiyedire local council area. The spokeswoman for the command, SP Yemisi Opalola, said the police were on the trail of the kidnappers to rescue the abducted farmers. She, however, said there was no report from the Gbongan police divisional officer ,where the kidnap was reported,  that the kidnappers had made any contact with their victims’ families or demanded ransom. The two farmers, Samuel …

General News Politics

I would have had third term if I wanted – Obasanjo

Otta, Jan. 13, 2023 – President Olusegun Obasanjo says he would have gotten a third term in office if he wanted as he was audacious enough to get it. He denied claims that he wanted a third term while in office as the president of the country. Obasanjo said this on Thursday while speaking at a virtual programme organised by the African Leadership Group with the theme ‘Leadership and Nation Building.” He said he had done his best for Peter Obi, the Presidential Candidate of Labour Party by giving his …

General News Politics

Anonymous supporter donates APC South-West Campaign Secretariat

Ibadan, Jan 13, 2023 – Campaign for the presidential bid of Bola Tinubu, the Presidential Candidate of the All Progressives Congress (APC), has received a boost in Ibadan, the Oyo State Capital, with the donation of a two-storey building as the secretariat of the campaign council in the South-West. Alhaji Mutiu Are, the Director for Contact and Mobilisation, South-West of the Presidential Campaign Council (PCC), led other campaign directors from the six states of the South-West to inspect and take possession of the two-storey edifice donated as secretariat for the …

General News

I have been released by EFCC – Doyin Okupe

Abuja, Jan. 12, 2023 – Doyin Okupe , a former Director General of Labour Party Presidential Campaign Council, says he has been released from the EFFC custody. Okupe confimed his arrest and release from the EFFC custody in a tweet. “I was arrested & detained @ the MM int airport, Lagos this morning 12th Jan on my way to UK for medicals, yrs after my passport was withheld by the FHC Abuja. “I just left the efcc office where snr officers in Lagos & Abuja apologised to me for the …