A High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to a former Taraba Governor, Darius Ishaku and a former Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero at N150million each. Justice Sylvanus Oriji, in a ruling on Thursday, ordered the two defendants to produce two sureties, who are responsible ... Read More »

Supporters of the Peoples Democratic Party in Rivers State on Thursday took to the streets in protest against the planned local government elections, set to be conducted by the Rivers State Independent Electoral Commission on October 5. Led by the party’s state chairman, Chukwuemeka Aaron, thousands of party loyalists marched through Port Harcourt, despite the heavy downpour, voicing their displeasure ... Read More »

President Bola Ahmed Tinubu is set to depart Abuja today for a two-week vacation in the United Kingdom, as part of his annual leave. This was contained in a statement issued on Wednesday, October 2, by the special adviser to the President on Information and Strategy, Bayo Onanuga During his time abroad, the president will use the opportunity as a ... Read More »

The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria on Monday. The drop in the landing cost of petrol happened following the appreciation of the naira against the United States dollar. In the MEMAN ... Read More »

….Total Assets up by 37.2% to N28.3 trillion Customer Deposits hits N23.2 trillion, climbs 34% Makes Profit Before Tax of N401.6bn Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial indicators. The audited financials released to the Nigerian Exchange ... Read More »

President Bola Tinubu will deliver a nationwide broadcast on Tuesday, 1 October 2024, at 7 am. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, announced this in a statement on Monday. The statement is titled, ‘October 1st 2024 Independence Day: President Tinubu addresses the nation.’ Onanuga added that the broadcast is part of activities to mark ... Read More »

President Bola Ahmed Tinubu has appointed Joseph Olasunkanmi Tegbe as Director-General and Global Liaison for the Nigeria-China Strategic Partnership. This move follows the president’s visit to China in early September, where Nigeria and China agreed on key areas of cooperation. This was contained in a statement issued on Sunday, September 29, by Special Adviser to the President on Information on ... Read More »

THE Vice President, Senator Kashim Shettima on Thursday, welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil operations, describing it as a clear testament to the administration’s economic reforms and investment-friendly policies. This is as the international maritime giant, DP World, has announced plans to develop a multibillion-dollar port project in Nigeria. The Vice President expressed excitement for the ... Read More »

The President Bola Ahmed Tinubu-led administration has put all necessary efforts, policies, and strategies in place to ensure that the nation’s maritime sectors becomes a key driver of economic growth and sustainable development. This was in Lagos yesterday, by the Minister of Marine and Blue Economy, Adegboyega Oyetola. Addressing stakeholders at the World Maritime Day 2024 in Lagos, Oyetola said ... Read More »

Access Bank PLC (“Access Bank”) has successfully satisfied all legal and regulatory requirements to complete its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”). With the acquisition now finalised, the entity in Tanzania will operate under the name Access Bank Tanzania Limited, further consolidating Access Bank’s presence in the East African region.This milestone also builds on Access ... Read More »