News articles

LASU appoints seven new professors, promotes 221 other staff

LASU appoints seven new professors, promotes 221 other staff

The Governing Council of the Lagos State University (LASU) has approved the promotion of 228 members of staff of the university. According to a statement by Mr Ademola Adekoya, head of the information unit,  on Wednesday in Lagos, the exercise involved 61 academic staff and 167 non- academic staff. Adekoya said that seven associate professors were

Presidency speaks on rumoured coup plot by Army officers

Adesina, the Special Adviser to the President on Media and Publicity, has urged Nigerians to ignore the media reports on Coup plot, saying it should not be stretched beyond what the military authorities had said. Mr. Adesina stated this at a media chat with State House correspondents to mark two years of the President Muhammadu

WHO elects first African Director-General

An Ethiopian medical doctor, Tedros Adhanom Ghebreyesus, has been elected the new Director-General of the World Health Organisation.   Mr. Ghebreyesus, who was nominated by the Government of Ethiopia and will begin his five-year term on 1 July, was elected Tuesday as the first African to occupy the position.   He had served as Minister

Despite govt’s assurances, Nigerian economy still in recession – Report

The Nigerian economy contracted by – 0. 52 per cent in the first quarter of this year, the Gross Domestic Product, GDP, growth rate report released by the National Bureau of Statistics, NBS, has shown. The report, released on Tuesday, shows that with the economy maintaining a negative growth rate of -0.52 per cent, the

CBN retains 14% interest rate

The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise known as interest rate at 14 per cent. The apex bank disclosed this at the end of its Monetary Policy Committee (MPC) meeting in Abuja. Addressing journalists on the outcome of the meeting, the CBN Governor, Godwin Emiefele, said following

Senate to probe Abuja electricity company over fraudulent bills

The Senate is set to investigate the Abuja Electricity Distribution Company (AEDC) over alleged fraudulent billing of electricity consumers in the Federal Capital Territory.   Senator Dino Melaye, who raised the matter at plenary on Tuesday, said the AEDC has been perpetrating the alleged scam though estimated billing system.   Based on the information provided