Global Business News
Global Business News
Global Business News
About 45 shops were burnt down by fire at Araromi spare parts market in Ibadan on Saturday. Rev. Yemi Akinyinka, the General Manager of Oyo State Fire Service, confirmed the incident, saying the fire started at about 2.00am. He said his men were able to put out the fire at around 5.00am on Saturday. “Our men were at Araromi Market Agodi Gate since 2:30 a.m. where they were putting off the fire caused by indiscriminate refuse burning,” he said. Akinyinka said about 45 shops were affected. (GBN)
Minna, Jan. 14, 2023 – The Niger State command of the National Drug Law Enforcement Agency (NDLEA) said it arrested 137 drug suspects in 2022. Haruna Kwetishe, the State Commander, said this in Minna on Saturday while giving a breakdown of the activities of the command in 2022. “In our scorecard for the year 2022, NDLEA Niger Command made a total arrest of 137 suspects; among them are 135 males and two females. “The command also destroyed 21 tonnes of psychotropic substances including 5,656.3 kilograms of cannabis sativa,” he said. …
Kaduna, Jan 14, 2023 – The Kaduna Command of the Nigeria Security and Civil Defence Corps (NSCDC) on Saturday handed over the remaining four corpses of its personnel killed by bandits to their families for burial. Recall that seven personnel and five others were on Monday killed by bandits in an ambush in Kuriga village in Birnin Gawri Local Government Area of the state. Earlier, the NSCDC had handed over the body of late Insp. Fidelis Yusuf for final internment on Thursday, while ASC1 Shamsudeen Labaran was buried on January 10 at …
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, …
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 …
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 …
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 …
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, …
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 …
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 …