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Kosofe LGA in Lagos State pledges support for NGO

Kosofe Local Government Area in Lagos State has pledged to support a Non-Governmental Organisation (NGO) Jama’at Ta’awunil Muslimeen for its impactful humanitarian services in the community. Mr Ganiyu Oyebanjo, Senior Special Assistant on Religious Matters to the LGA Chairman, Mr…

LG announces shutdown of mobile phone business

The South Korean electronics manufacturer, LG Electronics officially announced the shutdown of its mobile division worldwide. According to a statement by the company, the board of directors approved the move on Monday, which is expected to be completed by the…

UK Trip: Writers Association tackles Buhari

The Human Rights Writers Association of Nigeria (HURIWA) has accused President Muhammadu Buhari of escaping to London while the country burns. HURIWA said while Buhari travelled to the United Kingdom enjoying formidable security in the country, Nigeria is on fire;…

N211.9bn impairment charges by 6 banks shrink profit

By Kayode Tokede A total of N211.9billion impairment charges by six banks operating in the country weaken profit before tax in 2020, investigation by Nigerian NewsDirect has revealed. These six banks’ impairment charges in 2019 was N116.56billion. Analysts had expressed…