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The African Development Bank has projected that about 39 million Africans could be pushed into extreme poverty in 2021 as a result of the coronavir...

Court rules on ex-NBA president’s money laundering case June 10 Oladimeji Ramon Published 13 March 2021 The Federal High Court in Lagos has fixed June 10 to rule on the no-case submission filed by the immediate-past President of the Nigerian Bar Association, Mr Paul Usoro (SAN), in response to the money laundering charges filed against him by the Economic and Financial Crimes Commission. The EFCC accused Usoro of laundering N1.4bn belonging to Akwa Ibom State, where he hails from. He was charged with 10 counts, which was later reduced to six after the Court of Appeal struck out four of the...

Punch Newspapers Sections Chidiebube Okeoma, Owerri Published 12 March 2021 A former governor of Imo State, Rochas Okorocha, on Thursday, said no fewer than 200 persons lost their jobs at the Royal Spring Palm Estate, Owerri, because of its shutdown by the state government. The estate, which government alleged was built on a green verge against the master plan of Owerri, is owned by Okorocha’s wife, Nkechi. Okorocha said in a statement issued by his spokesman, Sam Onwuemeodo, that he was happy “to inform Imo people that the state government has appealed a judgment barring it from sealing...

Punch Newspapers Sections Joseph Olaoluwa Published 12 March 2021 BUA Cement Plc, a subsidiary of BUA Group, has received an award of recognition from Okpella Graduates Association in Okpella Community, Etsako West Local Government Area of Edo State. According to a statement titled ‘BUA Cement Plc bags Okpella recognition award’, the award honours the cement firm for fulfilling its role in the Community Development Agreement signed between the organisation and the community. The award was presented to the Managing Director, BUA Cement, Yusuf Binji, in the company of General Manager Admin...

Punch Newspapers Sections Bola Bamigbola, Osogbo Bola Bamigbola, Osogbo Published 12 March 2021 A commercial motorcyclist whose identity has not been ascertained, and one other person, were on Thursday shot dead when armed robbers attacked a branch of a second generation bank in Okuku, Osun State. PUNCH Metro gathered that the motorcyclist was killed near the bank while the robbers were fleeing the area. A source said, “Gunshots were heard around 3pm near the bank when the robbers were entering the premises.