Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited showed that the Bank ... Read More »

Following public reactions over the provision for what is termed a presidential yacht and other line items in the 2023 Supplementary Appropriation presented to the National Assembly, the special adviser to the president on information and strategy, Bayo Onanuga, has provided some clarifications. In a statement issued on Thursday, November 2, Onanuga said that what was named as Presidential Yacht ... Read More »

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from N620.6 billion reported in Q3 2022 to N1.33 trillion in Q3 2023. This performance demonstrates the Group’s resilience and strong market share despite a very challenging macroeconomic environment.According to the bank’s unaudited third quarter financial results ... Read More »

The Canadian Government has expressed readiness to support President Bola Ahmed Tinubu’s Renewed Hope Agenda by supporting the humanitarian and poverty alleviation response in Nigeria. The Canadian High Commissioner to Nigeria, Jamie Christoff, made this known when he led his team to visit the Minister for Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu at her office in Abuja. Ambassador ... Read More »

He had explained that by the judgment of the Supreme Court on October 26, 2023, the apex court supported forgery, perjury, identity theft and illegality. The Presidency has slammed the former Vice President, Atiku Abubakar noting that it was his “inordinate ambition” to be President that is doomed, and not Nigeria. The presidency in a release on Monday noted that ... Read More »

Ten years after the partial privatisation of the Nigerian Electricity Supply Industry, NESI, the Federal Government, on Monday, admitted that the exercise had failed to meet its objectives. The government described as shameful the current generation, transmission and distribution level of just over 4,000 Megawatts. Speaking in Abuja at the 2023 NESI Market Participants and Stakeholders Roundtable, NMPSR, President Bola ... Read More »

The Independent Corrupt Practices and Other Related Offences Commission has filed a criminal charge against the suspended Dean, Faculty of Law, University of Calabar, Prof Cyril Ndifon. The decision followed the conclusion of an investigation by the anti-graft commission. In the charge sheet with number: FHC/ABJ/CR/511/2023, ICPC is arraigning the lecturer on a four-count charge bordering on sexual harassment, official ... Read More »

The Supreme Court has dismissed the appeal by Peter Obi and the Labour Party(LP) against the September 6 judgment of the Presidential Election Petition Court (PEPC), affirming the election of President Bola Tinubu. In the lead judgment read by Justice John Okoro, which has been supported by the seven-man panel, the court argued that the issues in Obi’s appeal were ... Read More »

Supreme Lacks Jurisdiction to admit PDP’s new evidence, Says Justice Okoro No issues for determination by the appellant points on certificate forgery- Justice Okoro Read More »

The Oyo State High Court sitting in Ogbomoso, Wednesday, upturned the appointment of the new Soun of Ogbomoso, Oba Ghandi Olaoye. The Oyo State Government announced Pastor Ghandi Olaoye as the new Soun and made him king on 8th September 2023. Before this time, one of the contestants, Kabir Laoye had sued Ghandi Olaoye, noting that he was not eligible ... Read More »