Author: darelasisi@gmail.com
Diverse reactions have continued to trail the disqualification of Nigeria’s Oscars entry ‘LionHeart’ by the award’s Academy. News Agency of Nigeria (NAN) reports that on Tuesday, the film was dropped for having too many English dialogues, against the category’s criterion for predominantly non-English dialogue. Following the announcement, several film enthusiasts went on social media to share their thoughts, including award-winning director, Ava DuVernay. DuVernay, who empathised with Nigeria wrote, “To @TheAcademy, You disqualified Nigeria’s first-ever submission for Best International Feature because its in English. “But English is the official language of Nigeria. Are you barring this country from ever competing for…
The Federal High Court, Abuja, on Tuesday, said that it would deliver its ruling on the bail application filed by the former Chairman of defunct Pension Reform Task Team, Abdulrasheed Maina, on Nov. 7. Justice Okon Abang fixed the date, after taking arguments from the defence and prosecution counsel. NAN reports that the EFCC charged Maina with 12 counts bordering on “money laundering, operating fictitious bank accounts and fraud.” However, Maina pleaded not guilty to all the charges.
A Chief Magistrate Court in Zuba, FCT, on Tuesday ordered a micro finance bank to pay N500, 000 as exemplary damages, over its failure to grant a loan facility to Ceco CC Investment after it met all requirements. Magistrates Abdullahi Illelah, entered the judgment in the case filed by Ceco CC Investment against Atlas Micro Finance Bank Limited. The court ordered the bank to return the document belonging to Ceco CC Investment in its possession which was used to process the loan application and a further N200, 000 as special damages and N20,000 as a cost were awarded. News Agency…
The Chairman , Daar Communications Plc, Chief Raymond Dopkesi, on Tuesday told FCT High Court Apo, that everybody treated him like a plague after his name appeared on the looters’ list released by the Ministry of Information. Dokpesi stated this while being cross-examined by the defendants’ counsel in a suit he filed before Justice Olukayode Adeniyi, of an FCT High Apo, seeking N5 billion damages from Alhaji Lai Mohammed and the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN. He dragged the ministers to the court, claiming that they defamed his character by including his name…
By Tony Obiechina, Abuja The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties. The International Monetary Fund (IMF), recently reviewed the global economic growth from 3.3 per cent to three per cent. Emefiele gave the assurance in his keynote address at the ongoing 3-day African Economic Congress held in Abuja. The CBN governor, who was represented by the Deputy Governor, Financial Systems Stability, Aisha Ahmad, described Nigeria’s economy as resilient. Emefiele said the apex bank was implementing various initiatives that had put the…
By Tony Obiechina, ABUJA President Vladimir Putin of Russia on Monday in Moscow bestowed the national honour of “The Order of Friendship” on Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank). The award took place during a ceremony held in the Kremlin, seat of the Government of the Russian Federation, and was witnessed by senior members of the government and other dignitaries. The Order of Friendship is a state decoration established by Boris Yeltsin, the first president of the Russian Federation, and is awarded to Russian and foreign nationals for: · Special merit in strengthening peace, friendship, cooperation and understanding…
Nigeria’s economy will attain great heights of development if the economy was diversified and the mono-product economy practice jettisoned, Deputy President of the Senate, Senator Ovie Omo-Agege has said. According to him, the country’s reliance on oil is not only unsustainable but also incapable of creating jobs and building enduring infrastructure that would support rapid economic growth. Senator Omo-Agege stated this in Abuja when he played host to a delegation of the Africa Atlantic Gulf of Guinea Fisheries (AAGGF), led by Patrick Osobose. The lawmaker applauded the group’s initiative of planning to establish an industrial fishing and associated seafood production…
Tiamin Rice Mill Limited has invested a total of $13,370,500 to boost its production capacity from the current 320 tonnes to 1,520 tonnes per day. The Managing Director of the company, Aminu Ahmed, disclosed this when he led the management of the company to pay a courtesy call on the Indian High Commissioner to Nigeria, Abhay Thakur, in his office in Abuja. The Managing Director said the policy of the present administration, especially the ban on smuggling and the interventions given to them by the Central Bank of Nigeria have helped immensely in boosting local production of rice. Mr Ahmed…
Mr Bryon Wilfert, Executive Vice President, Canada Trade Link, said on Tuesday in Abuja that Nigeria had the best market place for business to grow in Africa. Wilfert made the remarks at a two-day Nigeria-Canada Investment Summit 2019, holding at the Transcorp Hilton. The summit has the theme: “Reaching Greater Heights’’. He said that the private sector was the key driver of any trade and investment business, which also created job opportunities. He said that there was a great and bright future for Nigeria and Canada, but investors needed to be patient as they invested in Nigeria. He added that…
The Senate on Tuesday confirmed fifteen out of the sixteen nominees forwarded by President Muhammadu Buhari to the National Assembly for confirmation as board members of the Niger Delta Development Commission (NDDC). The nominees confirmed by the Senate are: Dr. Pius Odubu (Edo), Chairman; Bernard Okumagba (Delta), Managing Director; Engr. Otobong Ndem (Akwa-Ibom), Executive Director (Projects); Maxwell Oko (Bayelsa), Executive Director, Finance and Admin; Jones Erue (Delta), and Chief Victor Ekhator (Edo). Others are: Nwogu N. Nwogu (Abia), Theordore Allison (Bayelsa), Victor Antai (Akwa-Ibom), Maurice Effiwatt (Cross River), Olugbenga Edema (Ondo), Hon. Uchegbu Chidiebere Kyrian (Imo), Aisha Murtala Muhammed (Kano),…