The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
File Photo The National Association of Seadogs (Pyrates Confraternity) has berated the Presidency over its defence of the embattled Minister of Communications and Digital Economy, Isa Pantami. NAS in a statement signed by the NAS Capoon, Mr Abiola Owoaje, titled ‘Isa Pantami Must Go’ stated that that the Presidency’s defence was “an ill-judged action that provides a safe haven for a self-confessed sympathiser of terrorism.” Owoaje who described the Presidency’s defence as hollow pointed out that “it suggests that the Buhari administration is so deeply infected with bigotry that the defence of a Minister is informed by factors more primordial than the integrity of governance.” According to him “President Buhari’s decision to retain Pantami as Minister despite documented evidence of him bein...
Gov. Ifeanyi Okowa of Delta on Sunday said his administration inherited about N100 billion unpaid pensions under the Contributory Pension Scheme (CPS). Okowa disclosed this at the third session of the 8th Synod of the Church of Nigeria (Anglican Communion), Ughelli Diocese. The session was held at Bishop Agori-Iwe Memorial Church, Ughelli. Okowa said that the financial burden forced 18 state governments out of 26 that enlisted on the scheme to withdraw, leaving only eight state governments, including Delta, in the Programme. The governor explained that the major challenge which forced the states to withdraw and others not to enrol in the scheme, was the huge backlog running into billions of naira. He said that his administration was up-to-date with payment of pensioners in the old scheme. ...
The Executive Secretary, National Board for Technical Education (NBTE), Prof. Idris Bugaje, has urged leaders to be fair and just in the discharge of their responsibilities. Bugaje who made the appeal during the annual Ramadan lecture organized by Nasrul-Lahi-Faitih Society (NASFAT), Kaduna State branch, said everyone must render account on the Day of Resurrection. Represented by Dr Yusuf Arrigasiyyu, of the School of Health Science Technology, Kaduna Polytechnic, Bugaje also called for a leadership selection process at all levels of governance. He spoke on the topic ‘Poor Leadership from Islamic Perspective: Causes, Consequences and Solutions.’ The executive secretary described leadership as a divine trust, which all leaders must strive to deliver by ensuring that good strive over evil. A...
The Commissioner of Police in Anambra, Monday Kuryas, has charged the personnel to protect themselves against attacks by hoodlums as well as reclaim police facilities from them. Kurya gave the directive in a lecture held for the police management team, Area Commanders, Divisional Police Officers and Heads of Police Tactical Operational Units in the command. This was contained in a statement by the command’s Police Public Relations Officer, DSP Tochukwu Ikenga, which was made available to newsmen in Awka on Saturday. The statement noted that Kuryas charged the officers to be undeterred by the attacks by gunmen and resist such attacks on security personnel and infrastructure in the command. “The CP charged the officers to be undeterred by the recent unfortunate incidents of attacks on person...
Southeast Asian leaders began a crisis meeting on Myanmar on Saturday aiming to persuade Senior General Min Aung Hlaing, who led the military takeover that sparked turmoil in his country, to forge a path to end the violence. The gathering of leaders of the Association of Southeast Asian Nations (ASEAN) in Jakarta is the first coordinated international effort to ease the crisis in Myanmar, an impoverished country that neighbours China, India and Thailand. Myanmar is part of the 10-nation ASEAN. With participants attending in person despite the pandemic, Indonesia’s Foreign Minister Retno Marsudi said on Friday that the summit reflected the “deep concern about the situation in Myanmar and ASEAN’s determination to help Myanmar get out of this delicate situation”. It’s unusual for the leader o...
Dr Chioma Ejikeme, Executive Secretary of Pension Transitional Arrangement Directorate (PTAD), says implementation of the pension adjustment is in progress. Ejikeme in a statement on Thursday in Abuja through Mr Gbenga Ajayi, PTAD’s Head of Corporate Communications, noted that the implementation was most likely to commence at the end of April, going by the submissions that had been made by all stakeholders. “Ejikeme held a meeting with the National Executives of the Nigeria Union of Pensioners (NUP) led by Dr Abel Afolayan on March 16, where the issue of the implementation of the pension adjustment was openly discussed. “The union gave their understanding at the meeting, the executive secretary told the union that the implementation is most likely to commence at the end of April, going by ...
Paris Saint-Germain president Nasser Al-Khelaifi has been appointed as the new European Club Association chairman, replacing Andrea Agnelli in the wake of the Juventus executive’s departure. Agnelli stepped down from the ECA in response to the formation of the Super League, assuming the role of the new competition’s chairman. Although the Super League is not set to go ahead, Al-Khelaifi has been named as Agnelli’s replacement after his club resisted an invite to join the new competition. “I am honoured and humbled to have been appointed by my fellow ECA Executive Board Members as Chairman,” he said in a statement. “The leadership, integrity and togetherness of our organisation has never been more required than at this pivotal moment in European football. “I will provide my unconditional co...
Getty Images Tottenham Hotspur interim manager, Ryan Mason, has decided his first win in charge to former coach Ugo Ehiogu, who passed away four years ago. Ehiogu, aged just 44, suffered a cardiac arrest at Tottenham training ground, where we worked as Under-23s coach. Mason, who held the same position before being promoted to first-team duties, worked with Ehiogu while coming through the ranks as a Spurs player. Today marks the four-year anniversary of the tragic passing of our former Under-23s Coach Ugo Ehiogu. 🤍 Always in our hearts. His memory fondly lives on. pic.twitter.com/U1SOQ73zg6 — Tottenham Hotspur (@SpursOfficial) April 21, 2021 On the anniversary of Ehiogu’s death, Mason made a winning start to life in temporary charge of his boyhood club. “I want to dedicate that one...
Twitter The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Imaan Sulaiman Ibrahim, has called for effective counter – Trafficking policies and ideas to tackle the manace of human trafficking. In a statement delivered by Head, Press & Public Relations Unit, Stella Nezan, the DG made this call at Law Enforcement and Intelligence Course 1/2021 of the Defence Intelligence College (DIC) Karu, Abuja. According to the DG, human trafficking constitutes a major National Security concern that requires new ideas and initiatives to tackle the menace, calling for the establishment of an effective and lasting counter trafficking structures as well as polices that will mitigate the prevalence of human trafficking across the world. She said ”Graduands m...