Friday, January 22

Tag: Businesses

Small Businesses Are Engines Of Growth Of Any Economy – Osinbajo
Politics

Small Businesses Are Engines Of Growth Of Any Economy – Osinbajo

Vice President Yemi Osinbajo has said that small businesses are the engines of growth of any economy, especially in the areas of wealth creation and employment opportunities. Prof. Osinbajo also said that in partnership with the private sector, the Federal Government would continue to support innovation and interventions to boost the growth of small businesses across the country. This he said would improve the economy and create more employment opportunities for Nigerians. Speaking on Monday in Abuja at the first meeting of MSMEs stakeholders for the year 2021, Osinbajo urged stakeholders in the public and private sectors at the virtual meeting to be innovative in the interventions planned for small businesses across the country, to consolidate on the gains recorded in the MSM...
Second Wave: Travels, School Reopening Caused COVID-19 Surge – PTF
Education, Health

Second Wave: Travels, School Reopening Caused COVID-19 Surge – PTF

The Presidential Task Force on COVID - 19 has said travels, reopening of schools , businesses and religious centres contributed to the rise in coronavirus cases in Nigeria . Chairman of the PTF and Secretary to the Government of the Federation , Boss Mustapha , made this known on Monday during a media briefing in Abuja . He said, “ It is however very instructive to stress that factors that have contributed to rise in numbers from late November 2020 included increased local and international travels, business and religious activities , reopening of schools without strict compliance with COIVID -19 safety measures . “ The full import of the fore- going is to press further on the need for us all to elevate the level of our vigilance and compliance with the recommended non -pharma...
#EndSARS: Most Businesses Looted & Destroyed In Lagos Were Owned By Igbos – Army
News

#EndSARS: Most Businesses Looted & Destroyed In Lagos Were Owned By Igbos – Army

The Nigerian Army has said that most of the businesses looted or destroyed in Lekki, Ajah, Sangotedo and nearby places were owned by people of Igbo extraction. Brigadier-General Ahmed Ibrahim Taiwo stated this in his testimony at the Lagos State Judicial Panel of Enquiry and Restitution for Victims of SARS related abuses and other matters. The Army is testifying following its invitation by the panel in the wake of the October 20 shootings at the Lekki Toll Gate. The Army has denied accusations that it shot and killed unarmed protesters.
Sanwo-Olu Meets With Shop Owners And Tenants Of Circle Mall
Politics

Sanwo-Olu Meets With Shop Owners And Tenants Of Circle Mall

The Governor of Lagos State, Babajide Sanwo-Olu has addressed shop owners whose goods and shops were damaged following the hijack of the peaceful #EndSARS protests by hoodlums. Mr. Babajide reiterated his desire to help the business owners restore their businesses. Listen to him below as he addressed business owners: https://www.instagram.com/p/CHE4clYJ9s7/?utm_source=ig_web_copy_link
Kwara State Governor Meets Owners Of Businesses Affected In Friday’s Looting
News

Kwara State Governor Meets Owners Of Businesses Affected In Friday’s Looting

Kwara State Governor, AbdulRahman AbdulRazaq has met with owners of the businesses affected in the Friday looting of public and private properties, assuring them of government’s support to get them back on stream. AbdulRazaq had earlier announced N500m recovery funds to assist businesses affected in the incident. In a meeting with owners of the businesses late Monday, the Governor urged them to register on the state website as they had earlier been advised and said modalities are in place to ensure that only people with genuine cases benefit. "Your sector is really important to this government. That is why we decided to engage you when we saw what happened to bring you back as quickly as possible,” he said, reiterating that small and medium scale businesses are key to economic...
#ENDSARS: Kwara Governor, AbdulRazaq To Give N500m Support For Looted Businesses
Politics

#ENDSARS: Kwara Governor, AbdulRazaq To Give N500m Support For Looted Businesses

Kwara State Governor AbdulRahman AbdulRazaq has again condemned “the mindless looting” of people’s businesses in the state capital on Friday, insisting there can be no justification for such criminal behaviour. He commiserated with owners of all the businesses affected and announced a N500m fund to assist them as part of the administration’s efforts to bring them back on their feet following the incident. In a visit to the Kwara Mall and Agro Mall on Saturday evening, the Governor said the incident may bring businesses to their knees, and cause massive loss of jobs and a surge in poverty rate — implications he said were clearly lost on the “hoodlums”. “We are therefore not going to leave the business owners like that. We are setting up a N500m fund for those that were affected t...
2020 has been the most successful year in my life – Fella Makafui
Celebs

2020 has been the most successful year in my life – Fella Makafui

Ghanaian actress, wife and mother of one Fella Makafui has summed up her 2020 even though the we have some few months to officially end the year. According to Fella Makafui, amid the outbreak of the deadly novel coronavirus which has taken a deep toll on businesses and lives, this has been her most successful year in her life. We all know that in 2019, her relationship with her then boyfriend now Husband Medikal almost ended in tears. Not only that but a lot of negative news were carried about her on various media platforms including the one of her supposed Alhaji closing down her shop in East Legon. But the year 2020 has been different as she moved from the position of a girlfriend to the main chick and wife in the life of Medikal after they got back together. She poste...
433,000 Nigerians, Businesses To Get N50,000, N30,000 Each – FG
Politics

433,000 Nigerians, Businesses To Get N50,000, N30,000 Each – FG

Tola Johnson, Special Assistant to President Muhammadu Buhari on Micro Small and Medium and Medium Enterprises(MSMEs), says 100,000 small businesses will get N50,000 each. NAN reports that the gesture is part of COVID-19 economic stimulus. The presidential aide made the announcement at the inauguration of the Implementation of Survival Fund and Guaranteed Off-Take Stimulus Schemes for MSMEs on Thursday in Abuja. Johnson, the Project Coordinator, said that the schemes were part of the Economic Sustainability Plan drafted by Vice President Yemi Osinbajo-led committee and approved by President Muhammadu Buhari. "The Payroll Support targets 100,000 businesses. However, the number of individuals who will benefit from this is 500,000. What the government has done is to say that t...
‘I Owned Lucrative Businesses’ — Malami Writes Buhari Over Corruption Allegation
Politics

‘I Owned Lucrative Businesses’ — Malami Writes Buhari Over Corruption Allegation

Abubakar Malami, attorney-general of the federation (AGF) and minister of justice, has written to President Muhammadu Buhari, denying the allegations of corruption levelled against him. A coalition of civil society organisations (CSOs) had asked the president to probe Malami over “14 high-profile corruption cases”. The CSOs listed “financial fraud” and “influence peddling” among the allegations levelled against the AGF, while calling for his resignation. Malami was also accused of “illegally” auctioning sea vessels holding crude oil seized by the federal government. Reacting to the allegations, Malami said he needed to write to the presidency in order to clear his name, and that he would also seek redress in court. According to Vanguard, the minister said in his letter ...
Magu: Crack Teams from DSS and Police go after Unknown Persons who Burgled NFIU office
News

Magu: Crack Teams from DSS and Police go after Unknown Persons who Burgled NFIU office

Crack teams from the Department of State Service (DSS) and the Force Criminal Investigation Department (FCID) of the Nigeria Police have begun a manhunt for those behind the recent burgling of the office of the Nigerian Financial Intelligence Unit (NFIU) located at No. 12, Ibrahim Taiwo Street, Aso Villa.   The leadership of the NFIU had appeared before the Justice Ayo Salami-led presidential panel investigating the suspended chairman of the Economic and Financial Crimes Commission EFCC, Ibrahim Magu on July 9 and they asked to provide the transaction history of a Kaduna-based bureau de change (BDC) that was allegedly linked to Magu. The BDC recently transacted businesses worth over N500 billion in different currencies — N336 billion, $435 million, and €14 million.  ...
US-based 51 year Old Nigerian man Sentenced to Jail for Love Scam on 13 Victims
News

US-based 51 year Old Nigerian man Sentenced to Jail for Love Scam on 13 Victims

A 51-year-old Nigerian man, Ronayerin Ogolor, has been sentenced to three years in prison for commiting internet fraud in the United States. Ogolor, who naturalized in the US had scammed hundreds of thousands of dollars from 13 victims from around the US and Italy. In October 2019, Ogolor pleaded guilty to one count of conspiracy to commit wire fraud and his role in an online love scam that targeted singles some of them elderly looking for love on dating sites. On Thursday, June 18, he was sentenced by US Chief District Judge, Beth Phillips, and was ordered to pay $871,739 in restitution to his 13 victims. Ogolor and his accomplices created several online dating profiles and contacted Western women ‘with whom they cultivated a sense of affection and often romance.’ accordin...
Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19
Politics

Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19

To cushion the effects of the Coronavirus pandemic on businesses in Ondo State, Governor Oluwarotimi Akeredolu, SAN has announced tax cut, waived fees and other tax relief incentives for taxpayers in the state. The Governor who announced this via his twitter account, said that the implementation of the Hotel, Restaurant and Event Center Consumption Tax due to start on 1st June, 2020 has also been suspended. In his tweets "Our administration took a major step towards cushioning the impact of #COVID19 on our citizens. We have cut taxes and waived fees and have instituted other reliefs to make this period much more easier to bear. #Thread" "The implementation of the Hotel, Restaurant and Event Center Consumption Tax due to start on 1st June, 2020 is suspended in view of the peculia...
Lagos Government Launches Register-to-open Initiative of the economy amid Coronavirus pandemic
News

Lagos Government Launches Register-to-open Initiative of the economy amid Coronavirus pandemic

The Lagos state government has launched a Register-to-Open Initiative for religious and social centres, social clubs, event centres, restaurants, bars, night clubs, spas, cinemas and gyms ahead of the gradual re-opening of the state economy. Governor Babajide Sanwo-Olu had on May 17 debunked claims of absolute reopening of the state's economy. The Governor said;   “In the coming days, we will be starting what we call Register-to-Open, which means all players in the restaurant business, event centres, entertainment, malls and cinemas will go through a form of re-registration and space management. “There is a regulation that will be introduced to supervise this move. We will be coming to their facilities to assess their level of readiness for a future opening. “I d...
Nobody Owes you Anything, Own up to your Mistakes and Grow – Taiye Aliyu tells Cynthia Morgan
Entertainment

Nobody Owes you Anything, Own up to your Mistakes and Grow – Taiye Aliyu tells Cynthia Morgan

Taiye Aliyu, the CEO of Effyzie music group which Yemi Alade is currently signed to has commented on Jude Okoye and Cynthia Morgan's debacle. Taiye Aliyu in his tweets described Jude Okoye and Cynthia Morgan's former Manager, Joy Tongo as good people. He also praised Jude for being one of those who helped to shape the music business in Africa. The Effyzie Music CEO however told Cynthia Morgan to own up to her mistakes and grow as no one owes her anything. He tweeted;   Artists are human beings, #cynthiamorgan own up to your mistakes and grow. I have spoken and done business with Jude Okoye and @joytongo so many times they are good people, there is always 2 sides to a story and then there is the TRUTH. Do your research. Nobody owes you anything, the #JUDEOKOYE ...
Herdsmen Invade Farms in Delta, Chase Out Farmers
News

Herdsmen Invade Farms in Delta, Chase Out Farmers

  SECRETARY to the Delta State Government, SSG, Mr Chiedu Ebie, yesterday said the state government would soon set up a joint security task force as part of its efforts to tackle the growing insecurity occasioned by the incessant kidnappings, killings and maiming of Deltans by armed suspected herdsmen. This came as about onehundred farmers have fled their camp (residential area) in Ibusa, Oshimili Local Government Area of the state, following invasion of their farms by suspected armed herdsmen, who attacked them. Some fleeing farmers told Vanguard that armed herdsmen invaded their farms with their cattle and pounce on them, forcing them to run for their lives. Meanwhile, briefing newsmen in Asaba, Ebie said the state government was worried about the situation and express...
How Do We Survive After Coronavirus Has Crippled Businesses And Broken Down The Economy – Toyin Abraham
Celebs

How Do We Survive After Coronavirus Has Crippled Businesses And Broken Down The Economy – Toyin Abraham

Hmmm! if we all are to publicly confess problems Coronavirus has imposed on us, I’m sure we won’t end it – we are indeed in crises! COVID-19 pandemic has brought the world to an abrupt halt; businesses are not thriving, people are stuck home and lives are in danger. Nonetheless, we are still who we are. Amid the breakdown of the economy, we are expected feed, live and survive. Nollywood actress, Toyin Abraham shares ideas of how we can survive COVID-19. ‘Dear #ToyinTitans, Let’s discuss something real quick. I know that it is an open secret that this pandemic has crippled businesses and even affected the economy of many nations including ours, as citizens, family, business owners, civil servants, job seekers, etc. how do we survive now and most importantly after? *By Pla...
FG mulls another lockdown, Envisages Spike in Infection Rates
News

FG mulls another lockdown, Envisages Spike in Infection Rates

Following its decision to ease the five-week lockdown it imposed on the Federal Capital Territory (FCT), Lagos State and Ogun State, the federal government has said it might be forced to proclaim another round of lockdown across the country, saying most Nigerians who went out for their businesses on Monday violated its containment protocols against the spread of the COVID-19. According to the federal government, more Covid-19 infections are expected to be recorded across the country due to such violations. While it lamented the low level of public compliance with its containment protocols, the federal government also said it would be engaging the northern governors to find a way of halting their current resort to evacuating Almajiris from one state to the other, saying such action ...
Simon Dolan Launches Legal Challenge Against UK Government Demanding Coronavirus Lockdown Ends
Lifestyle

Simon Dolan Launches Legal Challenge Against UK Government Demanding Coronavirus Lockdown Ends

Simon Dolan, one of the UK's richest businessmen, worth a staggering £141million on the Sunday Times Rich List, has launched a legal challenge against the United Kingdom, demanding the government ends it's Coronavirus lockdown as it is affecting businesses and the economy. According to Dolan's lawyers, three major points will be used in challenging the UK Government: the legality of lockdown under UK law, whether it breaches human rights law, and if an exit strategy has been properly considered. His legal challenge comes after the UK Government this week announced that it will not ease lockdown until it is sure there is a “sustained and consistent” fall in daily deaths, the rate of infection has decreased, the NHS can cope, there is enough PPE and there is no risk of a second w...
US Coronavirus Death Toll Overtakes Italy as World’s Highest
News

US Coronavirus Death Toll Overtakes Italy as World’s Highest

The United States has overtaken Italy as the country with the highest Coronavirus death toll, following a recent figure released by the Johns Hopkins University. Over 20,000 have died from Coronavirus in United States, a heartbreaking development that came just after the North-American country became the first nation to record more than 2,000 virus deaths in a single day. Italy has so far reported 19,468 coronavirus deaths while the US has recorded 20,608 fatalities, according to the Johns Hopkins tally. There are now at least 529,951 recorded cases of Covid-19 across the US. Public health experts have warned the US death toll could reach 200,000 over the summer, if unprecedented stay-at-home orders that have closed businesses and kept most Americans indoors are lifted when th...
5 Businesses That Are Thriving During Covid-19 Pandemic
Business

5 Businesses That Are Thriving During Covid-19 Pandemic

The Coronavirus Pandemic has hit the world economy like a ton of bricks. Countless businesses across various industries have practically shutdown or are operating at fraction of their full capacity as a result of the restrictions on movement imposed by governments around the world to curtail the spread of the virulent COVID-19. The International Monetary Fund (IMF), through its Managing Director, Kristalina Georgieva, on March 27 confirmed that the global economy has already slipped into a recession. Also, the Organization for Economic Co-operation and Development (OECD) cut its GDP growth forecast for global economy for the year 2020 to 2.4%, the lowest rate since the 2008-2009 financial crisis. At the national levels, the United States, United Kingdom, Italy, France and Malaysia are j...
Malawi president takes wage cut to fund coronavirus fight
News

Malawi president takes wage cut to fund coronavirus fight

Malawi’s President Peter Mutharika said Saturday he was taking a wage cut to help fund the fight against the coronavirus, and ordered his government to the same. Mutharika said in a statement he had ordered the treasury to cut his own salary and the wages of his ministers and deputy ministers by 10 percent for three months. The money saved would be directed towards the fight against the novel coronavirus, he added. Malawi has so far recorded four cases of the virus. “Government will take measures to protect jobs and incomes, protect businesses and ensure continuity of the supply chain and the survival of the economy,” he said in a statement. Mutharika also announced the opening of new testing centres for COVID-19 and the recruitment by the health ministry of 2,000 extra staf...
Coronavirus: UK Government to Give Police the Right to Arrest People and Put Them in Isolation
News

Coronavirus: UK Government to Give Police the Right to Arrest People and Put Them in Isolation

The British government is set to give police and immigration officials the right to arrest people and put them in isolation in other to help curb the spread of coronavirus. An Emergency Coronavirus Bill, which will be tabled at the Parliament on Thursday, will give ministers the powers they say they need to respond to the threat of the virus and support the NHS. In a statement, Health Secretary Matt Hancock said: ‘The new measures we will be introducing in the Emergency Coronavirus Bill this week will only be used when it is absolutely necessary and must be timed to maximise their effectiveness.’ He also confirmed that the new law will also allow more phone or video hearings in court cases to prevent the spread of Covid-19 and will enable Border Force to temporarily suspend op...
Denmark Becomes Second Country in Europe to go on Coronavirus Lockdown
News

Denmark Becomes Second Country in Europe to go on Coronavirus Lockdown

Denmark has gone into total 14-day lockdown in other to halt the spread of coronavirus after an increase in cases. At a press conference on Wednesday evening, Denmark’s Prime Minister, Mette Frederiksen announced that the country will close all kindergartens, schools, and universities for two weeks to slow the spread of the coronavirus. In a press conference yesterday, Ms. Frederiksen said: 'This will have huge consequences, but the alternative would be far worse. 'Under normal circumstances, a government would not present such far-reaching measures without having all the solutions ready for the many Danes concerned. 'But we are in an extraordinary situation.' According to The Local, the Prime Minister added: 'We will not get through this as a country without a cost. Bus...
It is not yet Time for That – NCDC DG Tells House of Rep Members on Two weeks Planned Recess over Coronavirus
News

It is not yet Time for That – NCDC DG Tells House of Rep Members on Two weeks Planned Recess over Coronavirus

The Director-General of the Nigeria Centre for Disease Control (NCDC), Dr Chikwe Ihekweazu has reacted to the move by members of the House of Representatives to go on two weeks recess over coronavirus. Speaking on Channels Television 'Sunrise Daily', Ihekweazu stated that it is not yet time for such action as it will only lead to panic. The NCDC Boss urged the lawmakers to instead support the efforts of experts by providing a budget that is sustainable in curtailing the spread of the COVID-19 virus. He said; “I have a lot of respect for the honourable members of the House of Representatives, but I think the time now hasn’t come, if they respond in a way like that by suspending session, everyone else will ask if they should close their businesses, office or schools and it is...
Two Children Found Sleeping in Bin that Was about to be Emptied into a Crusher
News

Two Children Found Sleeping in Bin that Was about to be Emptied into a Crusher

A waste collection driver has recalled how he found two children sleeping inside a bin that was about to be emptied into a crusher. Dave Pyne, an HGV driver for 16 years, said his "sixth sense" told him to check the cardboard recycling bin before throwing its contents in the back of the lorry that has a blade to crush anything thrown into it. According to Metro UK, the 65-year-old, from Holywell in North Wales, said: "I couldn’t believe what I saw. Inside were two young kids sleeping, a boy and a girl. They must have only been nine or 10. "I woke them up and they were so scared they jumped out and ran off. I reported it to social services but I never heard anything back." A report by waste management firm Biffa revealed a shocking surge in the number of homeless people usin...
Bob Iger Steps Down as Disney CEO in Surprise Announcement; Bob Chapek Replaces Him
Business

Bob Iger Steps Down as Disney CEO in Surprise Announcement; Bob Chapek Replaces Him

Bob Iger, 69, has stepped down as CEO of the Walt Disney Company, effective immediately and Bob Chapek is the new CEO, the board of directors announced on Tuesday, February 25. Disney named the company’s head of parks and resorts, Bob Chapek, CEO effective immediately. But Mr. Iger will stay on as executive chairman, overseeing the company’s creative endeavours through the end of next year, until his contract expires on December 31, 2021. Iger said in statement: "With the successful launch of Disney's direct-to-consumer businesses and the integration of Twenty-First Century Fox well underway, I believe this is the optimal time to transition to a new CEO." Disney Company's new CEO Bob Chapek most recently served as chairman of Disney Parks, Experiences and Products. Iger said h...
Inter Milan expected to play Europa League tie behind closed doors due to Coronavirus Outbreak
Sport

Inter Milan expected to play Europa League tie behind closed doors due to Coronavirus Outbreak

Inter Milan are expected to play their home Europa League last-32 match against Ludogorets behind closed doors because of fears about the spread of coronavirus. Inter were one of four Serie A clubs to postpone their weekend game. Talks have been taking place between the club, Italian government officials and European football's governing body Uefa about Thursday's fixture. With 165, Italy has the largest number of cases of the virus in Europe. Many schools and colleges have been closed in Milan on Monday, although the local transport system is operating. More than 600 Ludogorets fans were due to travel from Bulgaria for Thursday's Europa League last-32 first-leg match at the San Siro (20:00 GMT kick-off). It is not known whether any restrictions will be applied to Sun...
3 Ansaru Terrorists Arrested in Kaduna
News

3 Ansaru Terrorists Arrested in Kaduna

3 members of Ansaru Terror Group have been arrested by the Nigerian Police in Kaduna State in the ongoing mop up operation in Kuduru Forest. The arrested suspects were identified as Munkailu Liman Isah a.k.a Babban Driver’m’ 32yrs, Abdullahi Saminu a.k.a Danmunafiki ‘m’ 21yrs and Aminu Usman. The Kaduna Police Command said the arrested Ansaru members are already helping out with information relating to the group's membership, criminal/operational records, logistics and general modus operandi. Read the statement below; “Preliminary investigation reveals that the arrested suspects were actively involved in the recent attack and attempted kidnap of the Emir of Potiskum that resulted in the gruesome killing of the Emir’s Police escorts. They were also involved in several other ...
VAT Increase Takes Effect From February 1 – FG tells Nigerians
News

VAT Increase Takes Effect From February 1 – FG tells Nigerians

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday January 16 announced that the increased Value Added Tax (VAT) from 5 to 7.5 percent will take effect from February 1, 2020. Zainab who disclosed this at the inauguration of the Chairman and Board members of the Federal Inland Revenue Service (FIRS) in Abuja, said the Finance Act which President Buhari signed into law made provisions to support Micro, Small and Medium Enterprises (MSMEs) and soften the effect of the VAT rate increase on companies in a bid to increase employment and boost the economy. She said; “I want to state that one of the key provisions in the finance act 2019 that have elicited a lot of interest is the increase in the VAT from 5% to 7.5%, and to remind us all, the finance ...
Customs Records N1.341tn Revenue
News

Customs Records N1.341tn Revenue

The Nigeria Customs Service (NCS) thursday announced that it generated the sum of N1,341,690,568,327.18 for the year 2019 as against N1,202,448,733,244.89 generated in 2018, showing an increase of N139,241,835,082.29. The NCS in a statement by its Public Relations Officer (PRO), Joseph Attah stated that the amount generated is over the target of N937,286,121,586 set for the year 2019. The Comptroller General of the NCS, Col. Hameed Ibrahim Ali (rtd) in the statement said the service achieved the revenue as a result of resolute pursuit of what is right, “rather than being populist by compromising national interest on the altar of individual or group interests. According to him, “the service revenue generation profile has continued to be on the rise annually as the ongoing ref...
We’ll Pull 100m Nigerians Out of Poverty in 2020 – Finance Minister. Zainab Ahmed
News

We’ll Pull 100m Nigerians Out of Poverty in 2020 – Finance Minister. Zainab Ahmed

The Minister of Finance, Budget and National Planning, Zainab Ahmed on Monday restated Federal Government’s plan to pull 100 million Nigerians out of poverty this year, in line with a pledge earlier made by President Muhammadu Buhari in 2019. Ahmed made this known when she appeared on a programme on NTA. Speaking during the interview, the  Minister said “President Muhammadu Buhari has directed that we must pull 100 million Nigerians out of poverty and that is our major focus. Based on the president’s directives, we want to move fast to make the kind of change the president wanted in the country. “In 2020, we want to move very fast because we realized that going at the steady rate we are doing is not going to make the kind of change that the ...
Border Closure: Ghana Businesses May Fold Up By The End Of The Year – GCCI
News

Border Closure: Ghana Businesses May Fold Up By The End Of The Year – GCCI

A number of local businesses could fold up by the end of the year if the issue of the Nigeria border closure is not resolved immediately. According to the Ghana Chamber of Commerce and Industry (GCCI), local businesses in the Ashanti Region, in particular, were losing about $3 million a week with the threat of a possible shutdown. This came to light following a tour of some selected companies by officials of the chamber to gauge the mood, assess performance and strategise for the way forward. Among the companies a team from the GCCI visited were Angel Group of Companies, Uni-Jay Fashion and Asamoa Yamoa Farms, all in Kumasi. The National President of the Chamber, Nana Apiagyei Dankawoso I, who led the team on the tour, commended business owners for their resilience in the f...
Balogun Market Fire Continues Into The Night, Several Hours After It Started
News

Balogun Market Fire Continues Into The Night, Several Hours After It Started

Several hours after the Balogun market fire started, it has continued into the night. It was reported that earlier today that the fire gutted a five-storey building housing different businesses at Balogun market, Lagos Island. Despite the effort made by fire service officials to put out the inferno, it has continued to burn into the night.
Nigerians Will Mind Their Businesses If Infrastructure, Roads Are Fixed – Buhari
Politics

Nigerians Will Mind Their Businesses If Infrastructure, Roads Are Fixed – Buhari

President Muhammadu Buhari on his twitter handle, @MBuhari, made it clear his administration's intentions with paramount regards to the issues of infrastructural facilities development. In the words of the President: ''I firmly believe that if we get infrastructure right in Nigeria, our roads, rail, ports; Nigerians will mind their businesses, many people will not even care who is in government. A country like ours, full of entrepreneurial energy and potential, will prosper.'' In furtherance, the president also made it clear that if all necessary and important infrastructural facilities are made available for Nigerians, that they will mind their businesses without considering who is in government. As seen on his twitter handle, the president said, ''This is why Infrastructure will...
South Africa: Shops looted in Alex as police battle to maintain order
News

South Africa: Shops looted in Alex as police battle to maintain order

Businesses in the township of Alexandra have been under siege since Monday night as residents attacked and looted stores in the area. There have been running battles between police and residents in the northern Johannesburg township. Police have had to use rubber bullets and stun grenades in a bid to keep looters from accessing mostly foreign-owned stores. Alexandra is the latest township to be affected by unrest that has hit most of Gauteng. Nkateko Mazibuko, a resident in the area, told Sowetan that they were against foreign nationals who were operating businesses in the township. “We are fed-up [with them] because these people don’t even pay tax. They do what they want in our communities and the police and government don’t seem to be doing anything about it. Most of them sel...
Police on the hunt for wig-wearing serial robber
News

Police on the hunt for wig-wearing serial robber

The DeKalb County Police in Atlanta are searching for a man who has been robbing several businesses in an unusual disguise.   According to the department’s criminal investigative division, the man, who has not been identified, has robbed several Waffle Houses, two drugstores and a bank while wearing various hairpieces including long, flowing wigs.     In a Facebook post, Police accused the man of passing a note to a Waffle House waitress demanding money at the chain’s Lawrenceville Highway location in Tucker.   The note allegedly read “pass all the money,” authorities said.   After reading the note, the server ran from the register and the man fled the restaurant without getting any cash, police said.   Detectives have sinc...
Police Deny Reported Chasing out of Herdsmen in Enugu, Threaten sanction
News

Police Deny Reported Chasing out of Herdsmen in Enugu, Threaten sanction

The Police in Enugu State have described the reported chasing away of some herdsmen from Enugu community as the handiwork of mischief makers, vowing to bring such persons to book. DAILY POST reports that this was contained in a statement issued Saturday by the Police Public Relations Officer, PPRO, in the State, SP Ebere Amaraizu. A video had surfaced online, with a claim that herders were chased away from Nenwe in Nkanu, Enugu State. But Amaraizu, n the statement, declared that no such incident happened in the State. The statement read: “The Enugu State command of the Nigeria police force wishes to inform members of the public that its attention has been drawn to information in existence that large herd of cows and some herders were es...
“Spirits Responsible For Theft”: Igbo Traders In Bayelsa Protest Hoodlums’ Attacks
News

“Spirits Responsible For Theft”: Igbo Traders In Bayelsa Protest Hoodlums’ Attacks

HUNDREDS of Igbo market traders at the Swali Ultra-Modern Market in Yenagoa, the Bayelsa State capital, yesterday, shut their businesses in protest of burglary of their shops by hoodlums. The traders, who also protested the detention of their leaders by security operatives, threatened to shut down their businesses until their leaders are released or charged to court. Addressing newsmen at the Swali Ultra-Modern Market yesterday, Secretary of Igbo Traders Union, Jude Osigwe, lamented that most of the traders have lost millions of Naira in cash and goods to hoodlums in the past months. Osigwe said: “In the past eight months, some armed hoodlums have been coming to our shops to extort us and when we reported the matter to the Police, they told us that there is nothing they can do. “Wh...
Tonto Dikeh Talks on How Actresses Recycle Men & Fake Love in Nollywood
Celebs

Tonto Dikeh Talks on How Actresses Recycle Men & Fake Love in Nollywood

Controversial actress Tonto Dikeh while speaking in an interview has talked about the fake love in Nollywood industry and how the actresses recycle same men. She mentioned this in the interview with Plus TV, where she also talked about her relationship with ex-Nigerian footballer Daniel Amokachi. She said; We are all fighting for the same thing. We are all killing ourselves. It’s a cycle. We share the same men, the same clothes, the same movies, the same things. So, It’s a cycle. Why would you want to be friends with someone who wants your life! Females generally recycle men in the entertainment industry and date the same men. Of course that’s what we do. She was however asked if she has proves of the claims: “Do I have to prove anything? she responded She ...
Kaduna Police Parades Suspected Criminals
News

Kaduna Police Parades Suspected Criminals

Kaduna State Police command has arrested 34 suspects involved in different crimes. The state Commissioner of Police, Ahmad Abdurrahman, while briefing newsman in Kaduna said those arrested include nine (9) suspects for criminal conspiracy and armed robbery; sixteen (16) suspects for criminal conspiracy, kidnapping and armed robbery; six (6) suspects for criminal conspiracy armed robbery and cattle rustling; two (2) suspects for criminal conspiracy attempt to commit an offence to-wit kidnapping and being in possession of firearms; and one (1) suspect for criminal conspiracy, extortion, defamation of character and giving false information. He explained, “Recently, we have embarked on intensive manhunt of bandits and other criminals that attack people while pursuin...
Ekiti Govt Issues Stern Warning to Petrol Dealers
News

Ekiti Govt Issues Stern Warning to Petrol Dealers

The Ekiti State Government, on Saturday warned owners and operators of filling stations in the state to desist from hoarding of petroleum products or face the consequences. The government’s warning was contained in a statement issued by the Chief Press Secretary to the Governor, Mr Olayinka Oyebode and made available to the News Agency of Nigeria (NAN) in Ado Ekiti. Oyebode said that such an act was fast creating artificial fuel scarcity in the state. He noted that hoarding of petroleum products was an act of economic sabotage, which created unnecessary hardship for the people and cripples businesses. Oyebode said that monitoring teams had been despatched to go round filling stations in the state and ensure that no filling station hoard fuel at the detriment of ...
21-year-old Nigerian Man  Surprised his Mum With a Car on her Birthday
News

21-year-old Nigerian Man Surprised his Mum With a Car on her Birthday

A 21 year old Nigerian is currently the toast of many on the internet as he shared photos of him presenting a car to his mum on her 45th birthday yesterday April 8th. @HQawiyy who shared the photos online, says 10 years ago on his mum's 35th birthday, she had nothing to eat but 10 years after, he is surprising her with a car. According to him, he is a Business Consultant & coach to 6 Figure earning businesses. See more photos below. ''Bought my MUM a car for her 45th year birthday Went to her school and surprised her with it I’m so grateful to God I could do this. On her 35th birthday we had nothing to eat & she was broke but wanted the best for us The real #10YearChallenge Love you Mum
Oshiomhole blasts Atiku, says he is a political rolling stone
News

Oshiomhole blasts Atiku, says he is a political rolling stone

Mr Adams Oshiomhole,the All Progressives Congress (APC) National Chairman has said that Atiku Abubakar, the Peoples Democratic Party (PDP) president candidate in the Feb. 23, Presidential National Assembly election is a political rolling stone not destined to be Nigeria’s president. He stated this on Thursday in Abuja at a news conference while reacting to allegations made by Atiku and the PDP that the elections was not credible. Oshiomhole added the Nigerian electorate have spoken, as such Atiku would certainly not rule Nigeria in spite of his desperation. He added that those waiting for an Atiku free market regime had missed it, as Nigeria does not need such investors. The APC national chairman stressed that what the country needed at the moment were genuine investors with lo...
What Election Postponement Has Done To Nigerians – Saraki
News

What Election Postponement Has Done To Nigerians – Saraki

Senate President Bukola Saraki has said the postponement of the general elections has caused a great inconvenience to many Nigerians who wanted to vote in new leaders for the executive and the legislature. Naija News had reported that the Chairman of the Independent National Electoral Commission (INEC), Prof Mahmood Yakubu, had announced the postponement of the presidential and National Assembly by one week. Reacting in a statement signed by Yusuph Olaniyonu his Special Adviser (Media & Publicity), Saraki said expressed shock and disappointment that after all the preparations by the electoral commission, the security services and other agencies of government, issues of logistics and related matters are now said to be responsible for postponing ...
Again, Kogi Govt Shuts down MTN Service over N120m Debt
News

Again, Kogi Govt Shuts down MTN Service over N120m Debt

The Kogi State Internal Revenue Service (KSIRS) Thursday shut down the telecom service provider, MTN, in the state over alleged refusal to pay N120 million debt. Last November, the KSIRS, upon the order of the High Court in the state granted on the account of the fact that MTN in state has failed in her responsibility and legal obligation to discharge its tax obligations to the state. The Director, Legal Services and Enforcement of the revenue service, Jamil Isah, who led his team to seal the facilities of the telecom service provider at Mount Patti, Obajana, and other places in Lokoja, disclosed that MTN refused to meet its obligation of over N120 million to the state government. He added that following the intervention of the state Governor, Yahaya Bello, the restraining ord...
Residents Lament Losses over Gridlock
News

Residents Lament Losses over Gridlock

Hamid Ayodeji Residents, commuters and Business owners of Ajah Community, Lagos state, have called on the Lagos State Government and the Lagos Metropolitan Transport Authority (LAMATA) to intervene by timely completing the abandoned Bus Rapid Transit (BRT) Terminal bus stop in the area. They expressed this concerns that the state government had neglected the projects. This, they insisted had made the roads leading to their business outlets almost inaccessible as it has generated gridlocks, causing businesses, as well as commuters a lot of damages and loss in their business patronage. They stated this while interacting with journalists, recently in Lagos, lamenting the undue pressure it has exerted on means of livelihood for several people. While stating the reason for the loss...
Don’t Believe Buhari’s Words, Focus on Evidence, Atiku Tells NDI, IRI
News

Don’t Believe Buhari’s Words, Focus on Evidence, Atiku Tells NDI, IRI

  Following President Muhammadu Buhari’s pledge that he would give his opponents in the 2019 elections a level playing field, the Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar has urged the International Republican Institute (IRI) and National Democratic Institute (NDI) not to believe the president’s deceitful words but focus on evidence. The president, had while speaking to a delegation from the IRI and NDI said: “I am prepared to give the opposition the opportunities I was not given in the past.’’ But, the former vice-president, in a statement Tuesday by his media aide, Mr. Paul Ibe, said that Buhari participated in several protests and marches, including the Occupy Nigeria Movement and the 2014 All Progressive Congress (APC) march in Abuja and was no...
Aisha Buhari Disowns Alleged Fraudster
News

Aisha Buhari Disowns Alleged Fraudster

                                                     Aisha Buhari Wife of the President, Mrs. Aisha Buhari, has dissociated herself from an alleged fraudster apprehended by Department of State Services (DSS) for allegedly impersonating Amina Bello, wife of the Kogi State governor. In a statement signed by the Director of Information to Wife of the President, Suleiman Haruna, Mrs. Buhari said she had no relationship with the person in question. According to the statement, “Her Excellency, wife of the President of Nigeria, Mrs. Aisha Muhammadu Buhari, has been following events related to investigation of a fraud suspect by the Department of State Services (DSS), and wishes to dissociate herself from all the individuals involved in the stated fraud case. “She wishes to state cat...
7.0 Magnitude Earthquake Strikes Alaska
News

7.0 Magnitude Earthquake Strikes Alaska

On Friday, a  7.0 magnitude earthquake rocked Anchorage, Alaska largest city violently shaking homes and businesses and knocking out power to some residents. The quake was located about eight miles (13 kilometers) north of Anchorage and struck at 8:29 am local time (1729 GMT), the US Geological Survey said. The city’s police department said it had caused “major infrastructure damage to Anchorage.” “Many homes and buildings are damaged. Many roads and bridges are closed. Stay off the roads if you don’t need to drive” the police department said in a statement. The Anchorage Daily News, reported that the Glenn Highway had closed north of Eagle River because of damage, and an onramp at the interchange of International Airport Road and Minnesota Boulevard collapsed.