President Bola Ahmed Tinubu has returned to Nigeria after a brief work stay in France. President Tinubu arrived the Nnamdi Azikiwe International Airport, Abuja around 2:25am on Friday. He is expected to swear the new Chief Justice Nigeria (CJN) later today at the Council Chambers of the State House, following the statutory retirement of Justice Olukayode Ariwoola from the office. ... Read More »
Author Archives: NewsThumb Magz
Just IN : Tinubu jets out to France with new presidential aircraft for a brief work stay, Says Onanuga
President Bola Ahmed Tinubu departed Abuja on Monday evening for Paris, the capital of France, flying in the new Airbus A330, purchased by the federal government. The Presidency had on Sunday evening announced President Tinubu’s plan to visit France for a brief work stay in France. Meanwhile, a statement issued on Monday by Special Adviser to the President on Information ... Read More »
Breaking : Dangote PMS Refinery, under the Naira-for-Crude Agreement, Set For Delivery by September to bolster the local economy
The Federal Ministry of Finance has announced the first delivery of Premium Motor Spirit (PMS) from Dangote Refinery under the Naira-for-Crude agreement is expected in September 2024. This development marks a pivotal moment in Nigeria’s efforts to redefine its crude oil sales and bolster the local economy through domestic currency transactions. The statement from the Ministry of Finance, followed a ... Read More »
Seizure of Presidential jets : FG not under contractual obligation, Says Onanuga
The Presidency yesterday moved against Chinese firm, Zhongshan Fucheng Industrial Investment Company, over the seizure of three presidential jets on the order of the Judicial Court of Paris, France. It also dismissed court orders against Ogun State Government, which led to the seizure of the three presidential jets, as an attempt to strip Nigeria of her assets. Consequently, both the ... Read More »
Just IN : Japa: Tinubu approves landmark policy set to transform healthcare and human resource management to retain health workers in Nigeria
President Bola Tinubu has approved a new national policy aimed at curbing the migration of health workers. In a statement on X on Monday, the coordinating minister of health and social welfare, Prof. Muhammad Pate, announced that the policy is a comprehensive strategy designed to manage, harness, and reverse the trend of health worker migration. The policy addresses the ongoing ... Read More »
Breaking : Renewed Hope : Tinubu receives the Patriot Group and promises to produce a draft for people’s democratic constitution
President Bola Tinubu received the Patriots, a group of eminent Nigerians, on Friday in Abuja. He emphasized that his administration’s major priority is retooling the economy for sustainable growth and development. The President also assured the group that their request to convene a national constituent assembly with the mandate to draft a new constitution would be reviewed. President Tinubu made ... Read More »
UBA Partners NBA Young Lawyers Forum, to Foster Professional Growth of 50,000 Practitioners
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by way of academic sponsorships as well as trainings, with reputable agencies in a bid to enhance their ... Read More »
Investors Scramble for Fidelity Bank’s Offers
Investors are literally scrambling for shares of Fidelity Bank Plc as the leading commercial bank’s capital raising continues to gather momentum among all categories of investors. Investors’ appetite for Fidelity Bank is shown in massive subscriptions to its ongoing rights and public offers and voluminous trading at the stock market. Current weekly report shows that Fidelity Bank was the most ... Read More »
UNLOCKING IMMENSE VALUE IN ZENITH BANK’S HYBRID RIGHTS ISSUE AND PUBLIC OFFER
Zenith Bank Plc, in a significant move to meet the Central Bank of Nigeria’s (CBN) new minimum capital requirement of N500 billion, is offering its ongoing hybrid rights and public offers at the bank’s lowest price range, locking in about 32 percent gain in potential immediate return for existing shareholders and new investors. This Hybrid Rights Issue and Public Offer, ... Read More »
#EndBadGovernance protest should hold LG accountable, our allocations have been increased by 100%,” says Chairman of Ajeromi-Ifelodun LG
Alhaji Fatai Ayoola, Chairman, Ajeromi-Ifelodun Local Government Area of Lagos State, says #EndBadGovernance protest ought to begin from council areas in view of their increased federal allocations. Ayoola said that local government allocations increased by 100 per cent under President Bola Tinubu’s administration, adding that the protesters ought to have started the nationwide demonstration from their respective council areas. “Let’s ... Read More »