LASACO ASSURANCE SHARES NOT SUSPENDED-MANAGEMENT OPENS UP

The management of Lasaco Assurance Plc, has debunked the rumour making the rounds, that shares of the company has been suspended indefinitely. According to the management, “shares of the Company was placed on suspension by the Exchange from Monday 1st February, 2021 to Friday, 19th February, 2021 to allow a Share Reconstruction exercise to be performed.  The management in the statement informed that following a successful conclusion of the Share Reconstruction exercise, shares of the Company has since resumed trading on Monday, 22nd February, 2021. Read full text of the…

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SENATE CONFIRMS BAWA AS EFCC CHAIRMAN

The senate has confirmed the appointment of Abdulrasheed Bawa as the substantive chairman of the Economic and Financial Crimes Commission (EFCC). The upper legislative chamber confirmed Bawa after screening him for over two hours on Tuesday. Last week, President Muhammadu Buhari nominated Buhari as EFCC chairman and asked the upper legislative chamber to confirm him. Bawa, who is 40 years old, is one of the pioneer EFCC cadet officers. Before his appointment, he was the Lagos zonal head of the anti-graft agency. During the screening exercise, senators took turns to…

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THE INSENSITIVITY OF THE LAGOS STATE GOVERNMENT TOWARDS THE HOSPITALITY AND ENTERTAINMENT INDUSTRIES

By Wale Oluwaleimu Your Excellency, My Dear Governor Babajide Sanwo-Olu Covid-19 is real and no one in their right senses would dispute this. Not me, not after my personal encounter with it. I would like to appreciate the Gov on most steps taken to reduce the spread and protect lives of Lagosians but the insensitivity and indifference of the government towards some section of the economy is also very dangerous. The entertainment and hospitality sectors are in dire need of government intervention and support as those two sectors are, arguably,…

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WORLD HEALTH ORGANISATION SHIPS WEST AFRICA’S FIRST CORONA VIRUS VACCINES TO GHANA

Ghana has become the first country to receive coronavirus vaccines through the Covax vaccine-sharing initiative. The World Health Organization (WHO) programme aims to ensure that vaccines are shared fairly among all nations. Covax is aiming to deliver about two billion doses of Covid-19 vaccines globally by the end of the year. Many rich nations, who began their own vaccinations months ago, have faced criticism for buying or ordering more vaccines than they need. A total of 600,000 doses of the vaccine developed by AstraZeneca and Oxford University arrived in Ghana’s…

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ATTACK ON IKPEAZU: ABIA GOVT. SAYS ADEYEMI NEEDS URGENT PSYCHIATRIC EVALUATION

The Abia State Government, has descended heavily on Senator Smart Adeyemi over his statement against Gov. Okezie Ikpeazu on the floor of the Senate on Monday. The government, stated that their view is that the Senator is either suffering from a protracted case of mental illness or is battling with occasional fits of schizophrenia which manifests in making careless, dishonorable, unrelated and incoherent statements. In a statement by Sir Onyebuchi Ememanka, the Chief Press Secretary to the Governor, the state government urged an urgent psychiatric evaluation on the Kogi senator…

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