Real Estate Growth Dropped By 1.39% in Q1 2020 – NBS

Real estate service growth fell from 2.51 percent in the fourth quarter of 2019 to 1.12 percent in the first quarter of 2020. The National Bureau of Statistics (NBS) disclosed this in Nigeria’s gross domestic report for the first quarter of 2020. It stated that in nominal terms, “Real estate services in the first quarter of 2020 grew by 1.12 percent, lower by -9.15 percent than the growth rate reported for the same period in 2019 and lower by -1.39 percent compared to the preceding quarter. “Quarter on quarter, the…

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Lagos Set For Full Re-opening Of Economy, Begins Meetings With Stakeholders

LAGOS TASK FORCE

The Lagos State Safety Commission on Sunday said it was set to begin the Register-to-Open Initiative of the Lagos State Government. This assertion was made by the Director-General, Lagos State Safety Commission, Mr. Lanre Mojola during a press conference on Governments’ plan towards the gradual reopening of the economy. Majola declared that in line with the directives of Governor Babajide Sanwo-Olu, the guidelines towards reopening of the economy, especially religious and social centres have been developed and that consultations were ongoing with all stakeholders in partnership with the Ministry of…

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Open Letter: Your Lopsided Appointments That Favour North Will Destroy Nigeria – Col. Umar Warns Buhari

Colonel Dangiwa Umar (retd) has written an open letter, dated 30 May 2020, to President Muhammadu Buhari, whose administration was five years old on 29 May, asking him to preserve his name in history by putting right the skewed appointments (which favor the North ) that have characterized his tenure. This, according to Umar, “is more glaring in the leadership cadre of our security services.” He asked Buhari to learn from the great acts of exemplary leadership which, at critical moments, managed to pull this nation back from the precipice…

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CBN Extends Accounts Submission Deadline For Microfinance Banks, Others

NIN: CBN orders closure of money transfer operators’ naira accounts

The Central Bank of Nigeria (CBN) has extended the deadline for the submission of the 2019 audited financial statements of Other Financial Institutions due to the effect of COVID-19 pandemic on their operations. The OFIs include microfinance banks, discount houses, bureau de change, payment service banks, and primary mortgage banks. The apex bank disclosed the extension in a circular on Friday titled, ‘Extension of the timeframe for the submission of 2019 audited financial statements’, signed by the Director, Other Financial Institutions Supervision Department, Nkiru Asiegbu. Part of the circular read,…

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PDP Sweeps LG Elections In Benue

The ruling People’s Democratic Party (PDP) in Benue State won the local government election held in the state last Saturday. According to the results announced by the chairman, State Independent Electoral Commission, Terso Loko, on Sunday,  the PDP won in all the 23 local governments and the 276 council wards in the just concluded local government poll. Loko explained that five political parties participated in the election. He named the political parties to include the All Progressives Grand Alliance, Labour Party, African Action Congress, Social Democratic Party, SDP, and the…

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My Predecessor Took N50m Each Time He Went To Abuja — Bauchi Gov.

The Bauchi State Governor, Bala Mohammed, has accused his predecessor, Mohammed Abubakar, of taking N50 million from the coffers of the state each time he travelled to Abuja during his tenure. The Governor, elected on the platform of the Peoples Democratic Party, said this during a media chat to mark his first year in office in reaction to allegations by the All Progressives Congress. At the event held at the Command Guest House, Bauchi, Mohammed in reaction to allegations by the APC in the state that the present government does…

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Uwadia Omozuwa’s Death: UNIBEN Reacts To 100 Level Student Raped To Death Inside Redeemed Church

The Management of the University of Benin has decried the news of the rape and subsequent murder of one of its students, Vera Omozuwa. According to available information, the victim, a 100 level Microbiology student of the institution, had gone to read at the Redeemed Christian Church of God, Edo Province 10, Ikpoba Hill, Benin City, Edo State when she was attacked and raped. Omozuwa died three days later while on admission to the hospital. The Vice-Chancellor of UNIBEN, Prof. Lilian Salami, in a statement by the institution’s Public Relations…

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George Floyd: New Videos Reveal Three Policemen, Not One, Pinned Him Down + Video

New clips from the scene of the death of an African-American, George Floyd, in Minnesota, United States of America, revealed that it was not just one policeman but three policemen that held the victim down. Initially available footage of the incident in Powderhorn, a neighborhood south of downtown Minneapolis, Minnesota created the impression that it was just Derek Chauvin, a white Minneapolis Police Officer, that had his knee on the right side of Floyd’s neck for eight minutes and 46 seconds, who killed him. However, another video and a CCTV…

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Egungun Festival: Olubadan Bans Masquerades From Public Dance, Procession Over COVID-19

The Olubadan of Ibadanland, Oba Saliu Adetunji, Aje Ogungunniso 1, has directed all masquerades in Ibadanland to observe this year’s Egungun Festival in their respective homes in order to prevent the spread of COVID-19 in the state. He gave the directive as confirmed cases in Oyo State hit 282 as of May 30, 2020, with 96 discharged cases, six deaths, and 180 active cases. The first-class monarch made the order as the festival has been billed to begin this week, saying the order does not spare any masquerade, irrespective of…

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Miss Vera Uwadia Omozuwa: A 100 Level UNIBEN Student Gang-Raped To Death Inside RCCG Church In Edo, As Governor Orders Investigation

A 22-year old 100 level student of the Department of Microbiology of the University of Benin, Miss Vera Uwaila Omozuwa, has been reportedly attacked and gang-raped to death by yet to be identified assailants in a church in Benin City. She was reportedly hit with a fire extinguisher cylinder after she was gang-raped in her church last Wednesday where she had gone to read and left to be dead by her assailants. She was rushed to the University of Benin Teaching Hospital (UBTH) where she reportedly died. ‎The incident reportedly…

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