The Lagos House of Assembly has passed a resolution urging Gov. Babajide Sanwo-Olu to establish Micro, Small, and Medium Enterprises (MSMEs) hubs in the three senatorial districts of the state. The House passed the resolution through voice votes following the motion moved by Mr Okanlawon Sanni during plenary in Lagos on Monday. The News Agency of Nigeria (NAN) reports that the motion is entitled; “Call on the State Government to Establish Micro, Small and Medium Enterprises (MSMEs), Commercial Hubs in all the Senatorial Districts of Lagos State,” Sanni, Chairman, House Committee on Commerce and Industry, explained that the fortune of…
Author: Ayo Oye
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Vice President Yemi Osinbajo has urged leaders of destination countries to insist on repatriation of illicit funds and proceeds. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the Vice President made the submission at the virtual inauguration of a publication by the UN Conference on Trade and Development (UNCTAD) on the impact of illicit financial flows (IFFs) on African Development. Osinbajo called for an overhaul of the international tax system in order to tackle the scourge. “The enormity of efforts required to tackle illicit financial flows is evident in the many dimensions the scourge presents itself.…
ormer world number one Angelique Kerber suffered yet another first-round exit at the French Open when she was beaten 6-3 6-3 by Slovenian Kaja Juvan on Monday. The German, whose best result at Roland Garros was reaching the quarter-finals in 2012 and 2018, was never in contention on a floodlit court 14. She went out in the first round for the fourth time in the last five years. Kerber, seeded 18th in Paris, has won the other three Grand Slams but has never been comfortable on the French clay and this year was no different. The 32-year-old bowed out after…
The UN Development Programme(UNDP) and the United Nations Women(UN Women) have partnered to inaugurate a COVID-19 global gender response tracker. “The aim of the tracker is to provide unique data about what governments are doing to support women in their COVID-19 responses,” says the agencies. The News Agency of Nigeria (NAN) reports that the Gender Tracker which also analyzes gender equality in global pandemic recovery policies was inaugurated virtually. It is said to look at both contributory and non-contributory global social protection response through two key lenses which are, “whether the measures target or prioritize women as recipients of benefits…
Saudi Arabia said on Monday it had taken down a terrorist cell that had received training from Iran’s Revolutionary Guards, arresting 10 people and seizing weapons and explosives this month. The spokesman for the presidency of State Security said in a statement on state media that three of those arrested had been trained in Iran while the rest were “linked to the cell in various roles’’. Cell members “received military and field training, including on how to make explosives, inside Revolutionary Guards sites in Iran’’ for several weeks in late 2017, he said. The statement said weapons and explosives were…
Sterling Bank Plc. has obtained Central Bank of Nigeria’s approval in principle to restructure as a holding company. The bank’s Chief Executive Officer, Mr Abubakar Suleiman, disclosed this in a statement posted on the Nigerian Stock Exchange website. Suleiman said the bank’s desire to operate as a holding company was driven by its plan to spin off its non-interest banking window which became operational in January 2014 into an autonomous entity. He said that the proposed structure would support the individual businesses in reaching full potential through increased portfolio diversification, improved efficiency and enhanced corporate governance. “Going into the holding…
The police, on Monday, arraigned a 55-year-old man, Tokede Abiola, before an Ado-Ekiti Chief Magistrates’ Court over alleged N1.6 million fraud.The defendant, of no fixed address, is standing trial on a one- count charge of fraud, to which he pleaded not guilty.The Prosecutor, Insp Oriyomi Akinwale, told the court that the defendant and others at large, committed the offence sometimes in July 2019, at about 4:00 pm. at Inland Club Hotel, Okesa in Ado-Ekiti. He said that the defendant obtained the sun of N1.6 million from the complainant, Mr Oyinloye Abidemi, on the pretext of processing USA visa for him.Akinwale…
Austria’s Dominic Thiem showed no sign of a hangover from his U.S. Open triumph as he began his Roland Garros campaign on Monday. The Austrian began with an impressive 6-4 6-3 6-3 win over Marin Cilic. Third seed Thiem, beaten by Rafa Nadal in the last two French Open finals, was handed a tough first round against the Croatian former U.S. Open champion. But he was straight into the groove under the roof on Court Phillipe Chatrier. Cilic, who before Thiem’s Flushing Meadows win this month was the most recent first-time Grand Slam champion courtesy of his New York title…
Two women, Adeoba Blessing, 24 and Folowosele Sade, 29, were, on Monday, arraigned before an Ado-Ekiti Chief Magistrates’ Court over alleged stealing of N48,000.The defendants, whose addresses were unknown, are facing a one-count charge of stealing.The Prosecutor, Insp. Caleb Leramo, told the court that the defendants committed the offence sometimes in August, at about 2:00 pm. at Basiri area of Ado-Ekiti.He said that the defendants stole the sum of N24,000, belonging to one Mojisola Adesoye and another N24,000, belonging to one Olajumoke Isah.Leramo said that the offence contravened Section 390 of the Criminal Code, Laws of Ekiti State, 2012.The prosecutor…
The Federal Road Safety Corps RS7HQ has concluded plans to flag off a Special Intervention Patrol code-named ” OPERATION AKAEZE” aimed at enforcing adherence to Passenger’s Manifest by commercial drivers. The Special Intervention patrol will ensure that passengers travelling on Inter-state journeys are mandated to authenticate their details in the Passenger’s Manifest as enshrined in the National Road Traffic Regulations, 2012 Section 51(5). Section 51(5) provides that, “all passenger-carrying commercial vehicles shall, before commencing any intercity journey, keep and maintain a passenger manifest indicating the names of its passengers, their addresses, their point of departure and destination, their telephone numbers,…