Author: Folorunso Smith

Bill Cosby lost his latest bid to fend off a lawsuit accusing him of sexually abusing a 15-year-old girl at the Playboy Mansion in Los Angeles in 1974. This came as the California Supreme Court on Wednesday denied the comedian’s petition to review the case. The accuser’s attorney, Gloria Allred, said the decision cleared the way for litigation brought by Judy Huth, now in her 50s, to proceed. The attorney added that she intended to take Cosby’s sworn deposition within the next 30 days. Allred said: “We are looking forward to Mr. Cosby answering questions under oath at his deposition.…

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Popular radio personalities, Olisa Adibua of Beat 99.9 FM and Toke Makinwa of Rhythm 93.7 FM, have both been confirmed as the hosts of the 2015 Lagos Chambers of Commerce and Industry Awards. The awards is slated to hold on August 8, 2015 at the Shell Hall, Museum Centre, Lagos Island. It will recognise the most impactful companies and organisations with awards for being trailblazers in their industries. A total of 18 awards will be given out at the LCCI Awards to companies in Banking, Insurance, Pension Management, E-Payment, Education, Telecoms, Professional Services, Healthcare, Oil & Gas, Manufacturing, Trade/Retail…

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President Muhammadu Buhari on Monday appointed Mordecai Danteni Baba Ladan to oversee the activities of the Department of Petroleum Resources with immediate effect. This was contained in a statement issued by the DPR on Monday. Ladan succeeds George Osahon, whose two-year tenure lapsed on June 19, 2015. Ladan, who is a Petrochemist by profession, joined DPR on November 23, 1987 as a Senior Analytical Chemist and was deployed to the Safety and Environment Branch under the then Technical Services Division. He rose through the ranks to occupy various key positions within the organization, including Zonal Operations Controller, DPR Kaduna.…

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President Muhammadu Buhari will henceforth mostly observe his Juma’at prayers at the Presidential Villa Mosque, according to a Presidency statement issued on Friday. The statement was signed by the Special Adviser to the President on Media and Publicity, Femi Adesina. It explained that the decision was to avoid the unnecessary hardships imposed on members of the public by road closures and other security measures usually associated with presidential movements to the National Mosque. The statement however added that Buhari would still worship at the National Mosque and other mosques whenever the occasion called for it. The statement issued in Abuja…

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The Securities and Exchange Commission on Thursday said preliminary report of forensic auditors on BGL Group Plc revealed that the company eroded its shareholders’ funds to the tune of N48 billion. The commission in a statement posted on its website said the company’s management progressively eroded its shareholders’ funds through losses sustained over a five-year period totalling about N48 billion as of December 31, 2014. “From the preliminary report of the forensic auditors, it was revealed, among other facts, that indeed BGL Group was in a critical financial state,” said the statement. It also stated that the commission received over…

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The Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega,‎ is expected to bow out of office next Tuesday. Similarly, six National Commissioners of INEC, who were appointed at the same time with Jega, are also to go with him. This was confirmed on Thursday in an INEC press statement in Abuja. The INEC Chairman, who though is eligible for reappointment, was recently quoted in the media to have said he would not be interested to serve for a second term. The National Commissioners, whose tenure of office will be expiring on the that same day with the INEC…

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