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GTCO to pay shareholders total dividend of N94 billion for FY 2023
Shareholders of Guaranty Trust Holding Company (GTCO) Plc will receive a total dividend of N94.180 billion for the financial year ending December 2023, representing a reward of N3.20 for each share held. It was the board…
Power sector crisis has defied all solutions, say Adelabu
Adebayo Adelabu, minister of power, has described the power sector crisis as “historical”, stressing it has defied all solutions. Adelabu spoke in Abuja on April 22 during a visit from the senate committee on power.…
Nigeria should ignore IMF’s downgrading of status – UK envoy
A former Director of the British Council in Nigeria, Mr David Roberts, has urged Nigeria to reject the recent report by the International Monetary Fund that projects that the country would drop from the first to the fourth…
Ondo: EFCC probes N60b looted in six months
The Economic and Financial Crimes Commission (EFCC) is probing allegations of large-scale looting in Ondo State in the last six months of Akeredolu administration, it was learnt yesterday. The anti-graft agency is…
FG transfers regulatory oversight of Enugu electricity market to state govt
The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight of the Enugu electricity market to the Enugu Electricity Regulatory Commission (EERC), effective from May 1, 2024. …
Kwankwaso’s Plot to Oust Ganduje
Political power play, power game as well as high political interests aggregation, are normal variables that define partisan politics. However, when these correlates are stretched beyond certain limits, there may be the…
Atiku visits Ningi, sends message to National Assembly
Presidential candidate of the Peoples Democratic Party (PDP) in the last election, Atiku Abubakar, had urged the National Assembly to maintain its independence and not become a tool in the hands of the government. The…
Kogi governorship election tribunal summons CBN governor, warns against failure to comply
The Kogi Governorship Election Petition Tribunal, seated in Abuja, has issued a directive for the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before it on Tuesday. The order comes as the tribunal seeks…
Reps move to regulate use of Artificial Intelligence in Nigeria
The House of Representatives is planning a legislation that would provide legal framework for the regulation and application of Artificial Intelligence (AI) in Nigeria. Speaker Tajudeen Abbas disclosed this at the…
Serie A: Inter Milan clinches 20th title with 2-1 win over Milan
Inter Milan won the Serie A on Monday after beating AC Milan 2-1 and creating an unassailable lead at the top of the league with their sixth straight derby victory. Goals from Francesco Acerbi and Marcus Thuram gave Inter…
Court acquits Ex-NIMASA DG, Akpobolokemi of N8.5bn fraud
THE Federal High Court sitting in Lagos, on Monday, discharged and acquitted a former Director-General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi, of alleged N8,537,586,798.58 fraud…
Five children die in abandoned car in Niger
Three children of the same parents and two others whose ages ranged from five to 10 years died in an abandoned Honda Civic with Registration No. GO 778 ABC in Niger State following suffocation after they locked themselves…
Lagos Indian school where Nigerians are denied admission
Gbenga Oloniniran writes about the discrimination experienced by some Nigerians on the premises of foreign businesses where they are met with restrictions despite being in Nigeria On Sunday, Nigerians expressed…
Naira depreciates further at parallel market, trades at N1,260/$
The naira on Wednesday depreciated further to N1,260 per dollar at the parallel section of the foreign exchange (FX) market. The latest figure represents a 2.44 percent drop from the N1,230 per dollar on April 19.…
Remi Tinubu’s Visit: Adeleke’s Wives Lock Horns Over First Lady Title
The two wives of Governor Ademola Adeleke of Osun State have released separate posters to welcome the First Lady, Senator Oluremi Tinubu, to the state. The president’s wife is due to visit Osun, on Tuesday. Enchanted…
Tinubu departs Abuja for Netherlands Tuesday
On the invitation of the Prime Minister of the Kingdom of the Netherlands, Mark Rutte, President Bola Tinubu will on Tuesday, April 23, depart Abuja for the Netherlands on an official visit. “While in the Netherlands,…
Bobrisky Donates Chairs To Kirikiri Prison
After barely 12 days in prison, chairs labelled with the name Idris Okuneye aka Bobrisky have reportedly been donated to the Nigerian Correctional facility…
Chinese Chamber Of Commerce In Nigeria Breaks Silence On Abuja Supermarket
The China General Chamber of Commerce in Nigeria has reacted to the allegations that the Chinese supermarket within the premises of the Royal Choice Estate, Airport Road, Abuja, barred Nigerians from entering. A video…
Owner Of Chinese Supermarket Accused Of Discrimination Flees With Family – Workers
The facility workers at an Abuja-based Chinese supermarket situated at the China General Chamber of Commerce said the owner of the supermarket together with her family has fled from the premises. The workers who are mostly…
Naira Spraying: Bobrisky Appeals Jail Term, Seeks Fine
Okuneye Idris Olanrewaju popularly known as Bobrisky has filed a notice of appeal against his conviction and sentence before the Federal High Court in Lagos. In the notice of appeal filed before Justice…
Student Loan Scheme: Include private universities’ students – Obasanjo
Former President Olusegun Obasanjo has called for the inclusion of students in private universities as beneficiaries in the Student Loan Scheme being floated by the federal…
“Not time to hold grudges” – Aiyedatiwa tells opponents after winning Ondo APC guber primary
Governor Lucky Aiyedatiwa has stated that the participation of other aspirants in the just-concluded governorship primary election created so much awareness within and outside the All Progressives Congress (APC). The…
Wike’s wife Justice Eberechi promoted to Appeal Court
Justice Eberechi Suzette Wike, the wife of Federal Capital Territory (FCT) Minister Nyesom Wike, has been elevated to the Court of Appeal. This promotion comes as part of the reshuffling of judicial appointments following…
Heavy Crisis looms in Rivers as Assembly Speaker overrides Fubara, passes LG Bill
Another political Crisis in looming in Rivers State as the State Assembly Speaker, Martins Amaewhule has passed the Local Government Bill into law overriding the Governor, Siminalayi Fubara’s Veto. POLITICS NIGERIA…