Vee-pee Osinbajo sacks Lawal Daura, DSS boss

 In what appears to be a twist to the siege on the National Assembly by security operatives on Tuesday, the Acting President, Yemi Osinbajo, has sacked the Director-General of the Department of State Service, Lawal Daura. The DSS and the police had locked down the National Assembly on Tuesday, even as the Senate leadership had scheduled a meeting to hold in the chambers in the afternoon. Lawmakers who came with the hope of attending the meeting were denied entry into the Assembly by the security operatives. Lawmakers elected on the…

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Defections not a threat to APC – Hon Saka

By Suraju Raji Lagos A lawmaker representing Ikorudu constituency in Lagos House of Assembly, Hon Saka Sholaja Nurudeen, has asserted that defection by same legislators in the National House of Assembly to PDP and ADP does not constitute a threat to victory of All Progressive Party(APC) in Lagos and Nigeria in general. Hon Saka Sholaja Nurudeen who spoke exclusively to the reporter in his office said ”Ikorodu residents are all memberS of APC and consequently people should expect more votes to APC than the previous election. Speaking on defection of…

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Lagos: Why sister ‘hired’ assassins to ‘kill’ for N4.5m

The Lagos State police command has arrested four persons for allegedly attempting to assassinate a 60-year-old woman, Gladys Osaigbovo-Omon. The suspects have allegedly confessed that they were contracted to kill the woman by her younger sister who is based in the United Kingdom. They also confessed that they were given part-payment of N500,000, leaving a balance of N4.5 million. The Lagos State Commissioner of Police,  Imohimi Edgal, who paraded the suspects, said on July 26, the Divisional Police Officer, Igando police station, CSP Taiwo Kasumu, and his team rounded up a gang…

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Woman ‘fakes’ self-kidnap, daughter to dupe husband N15m

The police yesterday paraded a 45-year-old woman, Hadijat Kabir for allegedly faking kidnap of herself and her sick daughter, Hamidat, 18, in order to fleece her husband of N15 million. Mrs Kabir was arrested alongside Ahmed Kudos, 29, who allegedly negotiated ransom with the woman’s husband, Alhaji Kabir Muraino as well as the wife of a native doctor, Adijat Rufai, 39, said to be a member of the gang. According to Police Commissioner Imohimi Edgal, the native doctor, Wasiu Rufai, Luqmon Ahmed and one Jossy were being trailed by the…

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Free float deficiency: NSE grants extension to erring listed companies

By www.businessamlive.com Lagos The Nigerian Stock Exchange (NSE) has once again extended the deadline of compliance for companies that have free float deficiencies. The NSE requires that companies listed on its ASEM Board maintain a free float equivalent to 15 percent of market capitalization, while the requirement for Main Board listed companies is 20 percent of market capitalization. For companies on the Premium Board it is 20 percent of market capitalization or above N40 billion on the date the Exchange receives the issuer’s application to list. According to the NSE,…

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