Author: Citynews

The Nigerian House of Representatives has queried the country’s Economic and Financial Crimes Commission for not recruiting over four hundred new staff as approved in the commission’s 2020 budget. This was part of the resolution of the House Committee on Financial Crimes, when the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, appeared before the committee for 2021 budget defence. The Committee’s Chairman, Alh. AbdulLahi Ibrahim Dutse said the request to recruit new staff made the committee increase the 2020 personnel cost of the commission. “We observed that out of the appropriated N24.9 billion last year, N21.3 billion…

The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami says Nigeria’s broadband penetration has increased to 45.43% by the end of October 2020.He said that this was a result of an increase of four million sixty one tousand seven hundred and thirty-one, 4,061,731)broadband subscriptions between September and October 2020 which will, in turn, facilitate economic growth in the country.This was contained in statement signed by the Minister’s Technical Assistant on Information Technology, Dr. Femi Adeluyi.Dr. Pantami stated that “This notable increase in broadband penetration has been as a result of conscientious implementation of the National Digital Economy Policy for…

President-elect Joe Biden’s transition team is considering legal action over a federal agency’s delay in recognizing the Democrat’s victory over President Donald Trump in last week’s election, a Biden official said on Monday. The General Services Administration (GSA) normally recognizes a presidential candidate when it becomes clear who has won an election so that a transition of power can begin, reports Reuters.That has not yet happened despite U.S. television and news networks declaring Biden the winner on Saturday after he secured enough electoral votes to secure the presidency. The law does not clearly spell out when the GSA must act,…

Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to repeal the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to repeal the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies. He made this known while presenting the 2021 budget to the Lagos State House of Assembly. Sanwoolu said the bill would be sent to the Lagos Assembly for legislative…

Crown Flour Mill Limited an Olam Group company, has emerged the Most Active Corporate in the FX Futures Market, in the domestic (non-bank) category, at the 2020 Financial Market Dealer Quotation (FMDQ) Gold Awards announced on Friday, November 6, 2020. The wheat milling firm and makers of a rich portfolio of food brands beat two other contenders to the award. Currently in its third year, the FMDQ Gold Awards recognises principal market participants who have demonstrated excellence and diversity in the fixed income, foreign exchange and derivatives markets; driving development through their activities and raising the standards of the domestic…

The Chairman, Federal House of Representatives’ Committee on Rural Development in the 8th National Assembly and a leader of the Peoples Democratic Party in Ogun State, Hon. (Dr.) Oladipupo Adebutu, has sent his warm words of condolence to the entire family of Chief Edward Kayode Oke (EKO), members of the Peoples Democratic Party (PDP) and indeed, the entire political class in Ipokia Local Government on the transition of late Chief Oke to eternal glory on thursday, 5th November, 2020. Adebutu, in a condolence message made available to the Press on Monday, 9th November, 2020 by his Media Consultant, Afolabi Orekoya,…

In furtherance of his 25 years Silver Jubilee celebrations of great works behind the Nollywood camera, Edo born multiple award winning filmmaker and culture activist, Lancelot Oduwa Imasuen will be commencing the production of a massive blockbuster movie that will star some of Nigerian best artists.Ambassador Lancelot Imasuen who was recently named by the Federal Government of Nigerian through the Film and Video Censors Board as one of the icons that has shaped the video and film industry in Nigeria’s 60 years of independence is undoubtedly a game changer in Nigeria film industry. In a chat with Newsjaunts Online, the…

South-west governors and monarchs have bemoaned the composition and arrangements of the Nigeria’s security architecture. Subsequently, they have called on ofPresident Muhammadu Buhari to rejig the nation’s security apparatus. The leaders made the call at an event hosted by south-west governors in Lagos on Sunday, This call is coming in the wake of the #EndSARS protests that rocked the country whose aftermath led to widespread violence and looting, particularly in Lagos state. Buhari, represented by Ibrahim Gambari, his chief of staff, pledged to address the root cause of the protest. After the meeting the forum issued a communique which read:…

Professionals in the nutrition and healthcare industry have agreed that using the food-based approach is one of the most cost-effective ways to prevent malnutrition. This, they explained, begins with adequate nutrition in the first 1,000 days of life and adequate maternal and adolescent nutrition. This assertion was made by panelists at the Protein Challenge Webinar Series 5, themed: ‘Bridging the Knowledge Gap’ held on Thursday, November 5, 2020. Prof. Henrietta Nkechi Ene-Obong, Professor of Human Nutrition, Department of Biochemistry, Faculty of Basic Medical Sciences, University of Calabar, Cross River State, stated that capacity must be developed, to bridge the knowledge gap, and…

Newsjaunts learnt from a source close to the Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Farouq that the much anticipated N-Power batch C Successful Applicants List will soon be out this November. The source who pleaded anonymity stated that, ‘N-Power batch C Successful Applicants List will be out this November, the listed experienced a setback due to the #EndSARS Protests but I can assure you that the list is at the final stage. This is coming few months after the applicants of the N-Power Batch C 2020 to the Twitter to express their impatient over the next…