Barely 24 hours after the death of a popular Nollywood actor, Saint Obi, a Yoruba popular actor and producer, Murphy Afolabi, is reportedly dead. Although no details yet about the circumstances surrounding Afolabi’s death. Meanwhile, the death of the Yoruba actor was announced by a well-known director and producer of the industry, Ola Yusuff who took to his Facebook page ... Read More »
Author Archives: NewsThumb Magz
At last Yari surrender and agree with the micro-zoning arrangement adopted by the leadership of the party, urges support for Tinubu
Former Governor of Zamfara State, Abdulaziz Yari, and one of the frontline aspirants in the race for Senate presidency in the 10th Assembly has congratulated his colleagues over their election victory. This was even as the senator-elect urged them to partner with the incoming president, Asiwaju Bola Tinubu, and their constituencies to bring developments and dividend of democracy to the ... Read More »
Access Bank expands global footprint with French subsidiary
Access Bank Plc, the flagship commercial banking subsidiary of Access Holdings Plc, yesterday formally launched its subsidiary in Paris, France, the latest in the rapid global expansion that has positioned the bank as global gateway to Africa’s financial hubs. The French subsidiary will focus on trade finance, initially capitalising on flows between Africa and France, particularly Francophone Africa. Group Chief ... Read More »
Update : PEPC agree to hear Atiku’s application for live telecast, others next week Thursday
The Presidential Election Petition Court (PEPC) has fixed hearing for next Thursday in the application by the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar for live telecast of the court’s proceedings. While ruling on Thursday, Justice Haruna Tsammani said the application will be heard along with other applications by the respondents including those seeking the dismissal of ... Read More »
Afam, Rivers State : Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines
The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power – a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State. With an already existing power plant residing in Afam, this brings the cumulative generating capacity of the plant to 1,000MW. The Commissioning of Afam Three Fast ... Read More »
Update : Otedola laments on how Elumelu outsmarted him to acquire Transcorp and how his N250bn offer to buy it was rejected
Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. This came to light on Tuesday in a statement he issued to TheCable, weeks after the businessman acquired stakes in Transcorp and sold the shares. He revealed that he had bought the shares of the company because he believed in ... Read More »
Transcorp Power, First Power Generation Company to Fulfil All Privatisation Obligations, Receives Discharge Certificate from Federal Government of Nigeria
Transcorp Power Limited, Nigeria’s leading power generation company, located in Ughelli Delta State, with an installed capacity of 972MW, was presented with a post-privatisation discharge certificate by the Federal Government of Nigeria, following fulfilment of all privatization conditions. Transcorp Power will no longer be subjected to post-privatisation monitoring and is the first privatized power generation company to achieve this milestone since the ... Read More »
Breaking : Adeleke Vs Oyetola: The Supreme Court has scheduled Tuesday for the judgment rule on Osun Governorship Election
The Supreme Court has scheduled judgment for 2pm on Tuesday in the appeal filed by former Osun Governor, Gboyega Oyetola against the election of Ademola Adeleke. Oyetola is, by his appeal, seeking the reversal of the March 25 judgment of the Court of Appeal in Abuja which affirmed Adeleke’s victory in the last governorship election in Osun State. The Appeal ... Read More »
Update : $19 billion plant : Good news as 650,000 BPD Dangote Refinery is ready for inauguration, Says FG
….. As experts express optimism about meeting local demand THE Federal government, yesterday, confirmed the planned inauguration of the 650,000 barrels per day, bpd Dangote Refinery on May 2023. The company had indicated that the $19 billion plant will be inaugurated before President Muhammadu Buhari leaves office. However, in his tweet, Special Assistant to the President on Digital Communications, Bashir ... Read More »
Wema Bank Announces Top 3 Contestants in Sounds of ALAT Competition
L-R: Sounds of ALAT Judges, Alpha Ojini, Cobhams Asuquo, Head, Brand and Marketing Communications, Wema Bank, Mabel Adeteye; MD/CEO, Wema Bank, Moruf Oseni, Sounds of ALAT, Judge Omawuni Megbele, Executive Director, Retail and Digital Business Directorate, Wema Bank, Tunde Mabawonku and Sounds of ALAT, Judge DJ Sose at the unveiling of the Top 3 participants of the Sounds of ALAT ... Read More »