Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance.From the unaudited statement of account submitted to the Nigerian ... Read More »
Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. At least four fintechs—Opay, Moniepoint, PalmPay, and Paga—have communicated this development to their customers on Friday. Last week, the Central Bank of Nigeria stopped major fintech firms like Kuda, Opay, PalmPay and ... Read More »
Grammy-winning singer Burna Boy has called off his much-anticipated concert at the Johan Cruyff Arena Stadium in Netherlands. Burna Boy’s concert was set to take place on June 9 but the cancellation comes as a result of the event organisers allegedly not fulfilling their end of the agreement. The music star broke the news tofans on Instagram. Read Also: Burna ... Read More »
Aftermath of the public outcry and publicity drawn towards the partial demolition and closure of the Ikorodu based groups of school, Saint Margaret on 27th day of March 2024 by the teams of Lagos State Building Control Agency (LASBCA). The management of the school and the authority of the building agency has finally arrived at an amicable resolutions on the ... Read More »
President Bola Tinubu has appointed Dr Dayo Mobereola as the new Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for a renewable term of four years. Mobereola’s appointment followed the exit of the former Director General of the agency, Mr. Bashir Jamoh, whose tenure recently expired. According to a statement ilby his Special Adviser on Media and ... Read More »
Nigerian youths have been asked to earnestly seek opportunities available in the country rather than insatiable search for Golden Fleece outside the shores of Nigeria. The advice was given at the weekend in Abuja at Beyond Talent Conference organised by Africa Relief Trust Initiative (ARTI). Speaking at the Conference, which had in attendance mainly fresh graduates, the founder of ARTI, ... Read More »
In keeping with his commitment to the tenets of checks and balances and separation of powers emphasized by the Renewed Hope administration of the President of Nigeria,*His Excellency, President Asiwaju Bola Ahmed Tinubu GCFR* the Honourable Minister of Works, *His Excellency Sen Engr Nweze David Umahi CON* led the critical departments of his Ministry to honour the invitation of the ... Read More »
The immediate past Secretary to the Government of the Federation, SGF, Mr. Boss Mustapha, on Tuesday, appeared as a witness in the ongoing trial of the former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, before an Abuja High Court sitting at Maitama. Mustapha, who mounted the box and testified as the fourth prosecution witness, PW-4, revealed ... Read More »
The Chief Whip of the Senate, Ali Ndume, on Monday, commended President Bola Tinubu for suspending the embattled Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu. This was just as he said Tinubu’s suspension of Edu was a timely action. He also advised the President to immediately curtail the excesses of what it called an emerging political cartel ... 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 »
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