Barely ten days to the governorship election in Edo state, the Commissioner for Minerals, Oil and Gas, Mr Joseph Ikpea has announced his resignation as executive council member of Godwin Obaseki administration. He announced the resignation in a letter dated September 9, 2020 and addressed to the governor. The letter, which is with immediate effect read: “Politics is all about interest, trust, and respect for one another, but I have never seen any of this till date, and I am also not sure of it even if I remain there till tomorrow. “Moreover, the party that is known today as…
Author: Abdallah el-Kurebe
The International Islamic Trade Finance Corporation, ITFC, a member of the Islamic Development Bank (IsDB) Group, signed a US$100 million Murabaha-structured line of trade finance with Mizuho Bank in Malaysia, a subsidiary of Mizuho Bank Japan. The financing will help ITFC to extend its support to the member countries under its COVID-19 Response Plan that is targeted towards supporting both in public and private sectors. The financing is ITFC’s first partnership with a Japanese bank, signalling an expansion of its partners around the world. The virtual signing ceremony took place between Eng. Hani Salem Sonbol, CEO ITFC and Mr. Shojiro…
The Deputy President of the Senate and Chairman, Senate Committee on Constitution Review, Senator Ovie Omo-Agege has called on Nigerians agitating for state creation to reach out to elected representatives and groups from other geopolitical zones in the country. In a statement by the Special Adviser, Media and Publicity, to the Deputy President of the Senate, Yomi Odunuga and made available to Ashenewsonline on Wednesday, Omo-Agege said that is to get the buy-in of other legislators and groups, especially as they are key in determining if such demands will see the light of the day in the ongoing exercise of the…
I read on one of the social media platforms an open letter to Malam Adamu Adamu, the Honorable Minister of Education by our Ambassador in Mexico, to which I think I should make a contribution that may interest the minister in addressing the issues at stake. In February 1971, almost 50 years ago, I became the Permanent Secretary Federal Ministry of Education. When I entered the office, I found two files on the table. One was the handing over note by the departed Permanent Secretary, the other was a very thick file that contained four sets of documents: the first…
Pan-African energy leasing company, Solarise Africa, has landed a further $10m investment to drive Africa’s clean energy expansion. The Series B investment round welcomed French development finance institution, Proparco, alongside existing investors, EAV and EDFI ElectriFI. “Solarise represents a compelling opportunity for Proparco in the off-grid sector. We are proud to support this innovative project as a first co-investment alongside a strong provider such as EAV. It should remarkably enable African SMEs to start their road towards greener energy through the provision of a decentralised renewable energy production solution,” said Johann Choux, Head of Equity Investments – Financial Institutions & VC,…
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami has said that the successes recorded at the on-going P&ID arbitration case in the United Kingdom, was a product of collective institutional collaboration and not attributable to a single individual personality. This is contained in a statement issued by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney-General of the Federation and Minister of Justice, and made available to Ashenewsonline on Wednesday. According to the statement, Malami stated this at “The Morning Show” program of the Arise Television on Wednesday morning while discussing…
The Federal High Court in Abuja, has warned the Economic and Financial Crimes Commission, EFCC, against seeking for adjournments in the ongoing money laundering charge against former Attorney-General of the Federation, Mohammed Adoke. Adoke is being prosecuted alongside Aliyu Abubakar, a businessman. Justice Inyang Ekwo warned the agency at the resumed trial on Wednesday after its lawyer, Bala Sanga asked the court for an adjournment following the absence of the fifth prosecution witness in court. The judge drew the attention of the prosecuting counsel to the fact that there was limit to the number of adjournments he could request for.…
Attorney-General of the Federation and Minister of Justice, Abubakar Malami has expressed his readiness to attend and testify before the Ayo-Salami Panel whenever he is invited. The is investigating the suspended Acting Chairman of the Economic and Financial Crime Commission, EFCC. This is contained in a statement issued by the Special Assistant on Media and Public Relations in the Office of the Attorney-General, Dr Umar Gwandu, made available to Ashenewsonline on Wednesday. According to the statement, Malami stated this at “The Morning Show” program of the Arise Television on Wednesday morning while discussing the recent developments related to the Nigeria’s…
The Islamic Development Bank, IDB, and the International Organisation for Migration, IOM, are partnering with the Nigerians in Diaspora Commission, NIDCOM, on Diaspora Humanitarian Sukuk. A statement by the media office at NIDCOM said that the partnership will focus on diaspora remittances and capacity development programmes, training and research. The Regional Head of IDB in Nigeria, Dr Mamoud Kamara announced the proposed partnership when he held a strategic meeting with the Chairman of NIDCOM, Abike Dabiri-Erewa in Abuja. According to him, the Diaspora Humanitarian Sukuk would help assuage the sufferings of Nigerians, particularly those who have lost their means of…
Flexible models allow businesses to work with premium attorneys on a per-project basis for considerably less money Under the best economic circumstances, paying for legal services can be difficult for small businesses and startups. With the COVID-19 pandemic currently wreaking havoc on the global economy — and companies’ cash flow — there’s a good chance that businesses around the globe are putting their legal needs on the back burner. It wouldn’t be the first time; during the Great Recession, for example, growth in demand for U.S. law firm services dropped from 4.1% in 2007 to -5.1% in 2009. While putting…