The former member of the Rivers State House of Assembly, who represented Ahoada East Constituency II, Edison Ehie, has dropped his lawsuit alleging contempt against 25 of the 27 members who defected from PDP to APC last year. Ehie’s action seemingly brought an end to the political unrest gripping the state. The seats of 27 members were declared vacant by ... Read More »

In the midst of profound grief and loss, the Olabinjo family extends their deepest gratitude to the community and loved ones who offered unwavering support following the devastating passing of their cherished daughter, sister, and grand-daughter. The outpouring of compassion, kindness, and steadfast presence has served as an indescribable source of solace during this challenging period. Words fall short in ... Read More »

The Nigerian National Petroleum Company (NNPC) Limited and marketers have denied rumours of petrol price increase to N1,200 per litre in Nigeria, describing it as mere speculation. It was widely reported on Wednesday, that fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) clashed with the NNPC over fuel subsidy. But, in a statement obtained ... Read More »

Senate orders deregistration of subsidiaries, probe of shares transfer BPE defends shares acquired in officials’ names The Senate has ordered a probe into the N10 billion restructuring funds released to NIPOST by the Federal Ministry of Finance. This followed the discovery of irregularities in the agency’s subsidiaries – NIPOST Properties and Development Company and NIPOST Transport and Logistics Services Limited. ... Read More »

The All Progressives Congress (APC), Osun state has tackled former governor Rauf Aregbesola over the claim that his successor, Adegboyega Oyetola reneged on reconcilatory agreements. The APC lambasted the Aregbesola, the erstwhile minister of Interior for reneging on 2020 reconciliatory agreement sanctioned by President Bola Tinubu and pioneer chairman of APC, Chief Bisi Akande. The chairman of APC, Osun State, ... Read More »

Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following its recent requisition of the national commercial banking license from the relevant authorities.To this end, the Bank has appointed Mr. Adebowale Oyedeji, as the new Managing Director and Chief Executive Officer to effectively stir its ... Read More »

President Bola Tinubu has just signed the N28.78 trillion 2024 Budget into law at the Presidential Villa, Abuja. President Tinubu, who arrived his office from the airport at exactly 2pm, headed straight for the brief budget signing ceremony, surrounded by senior government officials. Among those with the President while he signed the budget were the President of the Senate, Senator ... Read More »

President Bola Tinubu on Monday delivered his first New Year speech to the citizens with a promise to fight every obstacle that impedes business competitiveness in the country. The president also explained the steps his administration is taking to improve the economy and address other national challenges. Dear Compatriots, It gives me immense joy to welcome each and every one ... Read More »

President Bola Tinubu has addressed Nigerians on his New Year’s mandate to make the nation a prosperous and economically viable one He said that every trip he has gone on since taking the oath of office in May has been for the benefit of the country. Tinubu made this known in his New Year’s speech to Nigerians. He said: “Everything ... Read More »

The factional Speaker of the Rivers State House of Assembly, Edison Ehie, has resigned from his position and membership of the House. Ehie’s resignation was contained in a letter dated December 29, 2023, and signed by him. The letter was addressed to the Chairman, Independent National Electoral Commission, Mahmood Yakubu, a copy of which was made available to the PUNCH ... Read More »