President Muhammadu Buhari may have approved the reduction of pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to N130. A reliable presidential source, who disclosed this to The Nation at the Presidential Villa on Wednesday, said the approval may have followed a presentation by the Minister of State on Petroleum Resources, Chief Timipre Sylva, ... Read More »
Author Archives: NewsThumb Magz
Nigeria records five new cases of coronavirus
Federal Ministry of Health (FMoH) has confirmed 5 new cases of COVID-19 in Nigeria within the last 36 hours, bringing total number of confirmed cases in Nigeria to 8. The Minister of Health, Dr. Osagie Ehanire, who made this known in a press briefing on Wednesday in Abuja said that: “Of the 5 new positive cases, 3 arrived from the ... Read More »
FAKE MIRACLE : Pastor Chris Okafor exonerates self and explains his side story on the alleged
Pastor Chris Okafor of Mountain of Liberation and Miracle Ministry, aka Liberation City has debunked the allegation of performing a fake miracle on a woman, Bose Olasunkanmi whom he was alleged to have paid for the purpose. It would be recalled that a trending news of miracle performed on a woman with twisted hand went viral. Five pastors has allegedly ... Read More »
JUST IN: APC’ll bounce back stronger, says Oshiomhole
…In the true spirit of reconciliation The National Chairman of the ruling All Progressives Congress (APC), Comrade Adams Oshiomhole on Tuesday said despite the various contestations that gripped the party in recent times, the party will bounce back stronger and better. Addressing members of the National Working Committee (NWC) which had in attendance members of both pro and anti-Oshiomhole groups, ... Read More »
APC lifts suspension of Shuaibu, Inuwa
APC has lifted the suspension of two of its National Working Committee(NWC) members. Its National chairman Comrade Adams Oshiomhole announced this on Tuesday. They are the national deputy chairman, North, Senator Lawan Shuaibu and the national vice chairman, north west, Abdulkadir Inuwa. He disclosed this after the NWC meeting of the party at its National Secretariat in Abuja. The chairman ... Read More »
ZENITH BANK REWARDS SHAREHOLDERS, DECLARES DIVIDEND PAYOUT OF N87.9BN
Zenith Bank Plc, on Monday, March 16, 2020 held its 29th Annual General Meeting (AGM) in Abuja, Nigeria, during which the Bank’s shareholders unanimously approved the proposed final dividend of N2.50 per share, bringing the total dividend payment for the 2019 financial year to N2.80 per share with a total value of N87.9 billion. This followed the recent release of ... Read More »
Lagos Explosions: Fidelity CEO Commiserates With Victims, Assures Affected Traders of Support
The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo on Monday commiserated with traders and others victims of Sunday’s tragic explosion in Abule Ado, Amuwo Odofin Local Government Area (LGA) of Lagos State. Accompanied by other Executive Management staff, Okonkwo who visited the affected market areas was received by the leaders of the Balogun Business Association (BBA), Auto ... Read More »
BREAKING: Appeal Court stays execution of judgment sacking Oshiomhole
The Court of Appeal, Abuja has stayed the execution of the March 4, 2020 order of a High Court of the Federal Capital Territory (FCT) restraining the National Chairman of the All Progressives Party (APC), Adams Oshiomhole from further acting in that capacity. A three-man panel of the court, led by Justice Abubakar Datti Yahaha was unanimous in granting the ... Read More »
Polaris Bank marks World Kidney Day
Polaris Bank and Renal Dialysis Centre have organised a symposium on kidney health. The symposium, which held at Radisson Blu, GRA, Ikeja, was sponsored by the bank with the support of Federal Ministry of Health and Lagos State Government. The event had in attendance stakeholders from the health sector. In his goodwill message on the World Kidney Day, the Managing ... Read More »
We didn’t recommend Akingbola’s sack as Intercontinental Bank MD – EFCC witness
An Economic and Financial Crimes Commission (EFCC) witness, Mr Paul Akali, told Justice Ayokunle Faji that his team only recommended the removal of the non-executive board members of the bank. The EFCC is prosecuting Akingbola on an amended 22-count charge of spending N179billion belonging to the defunct Intercontinental Bank on “fictitious transactions.” The defendant was accused of granting “unsecured credit ... Read More »