Monarch beats another monarch during peace meeting in Osun

Controversial monarch, Oluwo of Iwoland, Oba Abdulrosheed Adewale Akanbi, has reacted to the allegation that he beat Agbowu of Ogbaagbaa, Oba Sikiru, saying he only defended himself against the attempt of Agbowu to stick his eyes with his staff of office. According to reports, Abdulrosheed Akanbi attacked a fellow monarch on Friday during a peace meeting with Assistant Inspector General of Police in charge of zone 11, Bashir Makama in Osogbo, Osun State. The aim of the meeting was to resolve a land tussle among royal fathers within the Iwo…

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GTBank adopts aggressive cost-cutting to cover revenue weakness

Guaranty Trust Bank is in the forefront of aggressive cost cutting drive of banks unable to grow revenue. Cost cutting has been the bank’s profit growth strategy since 2017 – when it lifted net profit a clear 27 percent from flat growth in gross earnings. In 2018, the bank again raised net profit by 10 percent from less than 4 percent improvement in revenue. The bank’s management’s cost-cutting hammer became even heavier in 2019 as revenue performance proceeded from marginal improvement to a decline in the year. While gross earnings…

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ASUU Offers Alternative To IPPIS

The Academic Staff Union of Universities (ASUU) has called on the Federal Government to adopt the University Transparency and Accountability Solution (UTAS) as being suggested by the union. Prof. Biodun Ogunyemi, the ASUU President, made the call in an interview with the News Agency of Nigeria in Abuja. President Muhammadu Buhari had directed that university lecturers must enroll in the Integrated Payroll and Personnel Information System (IPPIS). ASUU had rejected IPPIS, insisting that it violates university autonomy and proposed the UTAS as an alternative to the government’s centralised payroll system…

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Dangote truck crushes five adults, two kids to death

Seven persons have been confirmed dead after a Dangote truck conveying bags of cement rammed into a yellow commercial bus at Tollgate, Ota, along Lagos-Abeokuta Expressway, Ogun State. The deceased included five adults and two children while 10 persons sustained injuries in the crash which occurred around 11.30am on Saturday. It was learnt that a sienna bus with the number plate, APP 122 CD was also involved in the accident. It was gathered that there was traffic on the expressway at the time and the truck had a brake failure,…

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Cooking With Paracetamol Causes Liver, Kidney Failure, NAFDC Warns

The National Agency for Food and Drugs Administration and Control (NAFDAC) has warned food vendors and others against the use of paracetamol as tenderiser in cooking meat and beans, saying it can cause kidney and liver failure. Mrs Roseline Ajayi, the Kwara Coordinator of NAFDAC, said this in Ilorin during sensitisation programme for fast food operators and food vendors on dangers of using the drug to cook.  Ajayi said “the use of paracetamol to tenderise meat and beans while cooking may be considered as a way to cut cost, but…

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CBN Plans Single-Digit Loans For Rice Farmers

The Central Bank of Nigeria (CBN) said it would offer single-digit loans to rice farmers in the Niger Delta area and provide index insurance for participating farmers. This was contained in a statement signed by the Head, Press and Public Relations at the Ministry of Niger Delta Affairs, Patricia Deworitshe. It was issued after a second collaborative meeting between the Minister of Niger Delta Affairs, Godswil Akpabio, and representatives of the CBN in Abuja. The meeting focused on how to develop the Niger Delta area, using farming as a tool…

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NCC Reiterates Commitment To Promotion Of ICT Usage In Nigeria

The Nigerian Communications Commission (NCC) has emphasised its commitment to the promotion of Information Communication Technologies (ICT) usage for efficient service delivery across private and public organisations in Nigeria. Prof. Umar Danbatta, Executive Vice Chairman, NCC, on Wednesday (12/02/2020) stated this during the presentation of ICT equipment to the Centre for Information Technology and Development (CITAD), a non-governmental organisation (NGO), in Abuja. Represented by Abraham Oshadami, Head, Information Technology at NCC, Danbatta underscored the importance of application of ICT tools to daily operations of both private and public institutions in…

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Why NFF Appointed Yobo As Eagles’ Assistant Coach – Pinnick

President, Nigeria Football Federation (NFF), Amaju Pinnick, has given reasons for Joseph Yobo’s appointment as Super Eagles assistant coach. Mixed reactions have trailed the decision of the NFF to pick Yobo, a former captain of the national team, as Gernot Rohr’s assistant. But Pinnick, in an exclusive interview with Sunday PUNCH, said Yobo’s appointment was a unanimous decision of the NFF’s Executive Committee. “The NFF is very excited with his appointment and will take it as a responsibility to ensure that he gets the requisite (coaching) qualifications at the highest…

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China Sends coronavirus Treatment Guide To Nigeria

The Chinese government has sent an official guide on treating coronavirus to the Nigerian authorities as death toll in the Chinese mainland reached 908 on Monday. The Chinese embassy in Nigeria confirmed that the official guide on coronavirus was shared with Nigeria and other countries through “an official channel with documents including Lab Test Procedure, Epidemic Update and Risk Assessment, Diagnosis and Treatment Protocol, Management of close contacts, Surveillance and Epidemiological Investigation.” According to a statement on coronavirus sent by the Chinese embassy, the National Health Commission in China had…

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Boko Haram Burns 30 Travellers To Death In Borno …As Buhari Vows To Crush Terrorists

A four-hour rampage by Boko Haram terrorists in Auno, a sleepy community near Maiduguri, the Borno State capital, on Sunday night left no fewer than 30 people, including infants, dead. The victims consumed by the fire set to their houses and the vehicles inside which they were sleeping by the insurgents who arrived in the village on motorcycles. Villagers said the victims arrived at the military checkpoint leading into Maiduguri after the 5pm closure of the gate and had no choice but to sleep in Auno, the neighbouring village on…

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