CBN’s Suspension Of Banks’ Dividend May Cause Stock Market Volatility – ASHON

The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed concern over the Central Bank of Nigeria’s (CBN’s) recent circular temporarily suspending dividend payments by banks. Mr Sam Onukwue, Chairman of ASHON in a statement on Tuesday, said that the directive, issued June 13, was said to ensure compliance with regulatory forbearance and Single…

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Redeemer’s Varsity Distributes Food, Clothing, Other Items To Indigent Residents

The Redeemer’s University, Ede, in Osun on Tuesday distributed foodstuffs, clothing and other items to indigent residents in the community. The News Agency of Nigeria (NAN) reports that the programme, tagged “Love Show Case”, was part of ongoing activities to mark the 20th anniversary of the university. Speaking during the programme, the Vice-Chancellor (VC) of…

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Expert Decries Poor Prison Conditions, Seeks Rights-based HIV Care

Christian Tshimbalanga Mwata, an international HIV and human rights consultant, has raised concerns over the deplorable conditions of prisons across several West African countries. Mwata said this on Tuesday in Lagos during a Media and Civil Society Organisation training session organised under the Breaking Down Barriers initiative by the Thomson Reuters Foundation. He said that…

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Bus Terminal: Tinubu Reaffirms Commitment To Safe, Orderly Public Transport

President Bola Tinubu, says his administration is taking decisive steps to bring order, accountability and safety in public transportation. Tinubu stated this while inaugurating the newly constructed Mabushi Bus and Taxi Terminal in Abuja on Tuesday to celebrate his second year in office. Represented by the Speaker of the House of Representatives, Mr Tajudeen Abass,…

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Man Gets Life Imprisonment For Defiling Neighbour’s 9-year-old Daughter

An Ikeja Sexual Offences and Domestic Violence Court on Tuesday sentenced a 44-year-old man, Oto Edet, to life imprisonment for defiling his neighbour’s nine-year-old daughter (name withheld). Justice Abiola Soladoye held that the prosecution had proven the one-count charge of defilement against Edet beyond reasonable doubt. Soladoye described Edet as a pathological liar and a…

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