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”Kogi state will surpass Lagos in terms of development soon” – Gov Yahaya Bello
The outgoing Governor of Kogi, Yahaya Bello, has articulated ambitious plans for the state’s development, expressing his aspiration for Kogi to surpass Lagos in terms of progress. Bello shared these sentiments while…
Bank Recapitalisation: Presidency Backs CBN, Investors Rush For Mega-Banks Stock
•We must address banks capital adequacy to grow economy – Tinubu’s adviser •Investors inject N110bn in UBA, FBNH, Zenith, Access, other stocks in two days…
CBN Activates Automatic Debit Orders on Debtors Accounts, Other Defaulters in Commercial Banks
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, revealed that over N10 trillion has been loaned to customers under various intervention schemes. CBN data…
INEC Needs To Be Unbundled – Jega
A former Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has urged the National Assembly to unbundle the commission to make it more effective. He made the call on Tuesday in…
What’s Obasanjo’s quarrel with democracy?
Until he made the front page of major news outlets again last week with his advocacy of an African-style democracy, former president, Olusegun Obasanjo, had remained in relative limbo after his attempts to rally the…
Ondo Assembly Says Tinubu’s Decision Stands On Gov’ship Logjam
The Ondo State House of Assembly has resolved to maintain the status quo in the government arrangement thereby refusing to activate the doctrine of… The Ondo State House of Assembly has resolved to maintain the…
Repentant B’Haram insurgents now 160,000 – Zulum
The Governor of Borno State, Prof. Babagana Zulum, said on Tuesday that the number of repentant Boko Haram insurgents in the state had risen to 160,000. The governor said though there were still Boko Haram…
Ancelotti reportedly linked with Manchester United coaching lob
According to Spanish sports newspaper Mundo Deportivo, Premier League side Manchester United are reportedly interested in signing Real Madrid manager Carlo Ancelotti. The report also claimed that the 64-year-old…
Aviation yet to fully recover from pandemic losses – IATA
The International Air Transport Association said the aviation sector is still recovering from losses of the pandemic which crippled flight operations globally. Africa lost an estimated $7.7bn in the aviation sector in…
Nigerian gambling magnate Kessington Adebutu gains $3.7 million from Wema Bank stake
In the wake of substantial losses incurred earlier this year, Nigerian gambling magnate Kessington Adebutu has experienced a substantial increase in his equity…
Police arrest politician, others over N607m scam
Nigeria police authorities have disclosed that a major breakthrough has been recorded in the cybercrime perpetrated against Patricia Technologies to the tune of N607 million,…
Fuel subsidy removal has battered us with hardship, pains, say pensioners
• Lament lack of members’ access to palliatives • Seek FG’s payment of N25,000 monthly grant Retirees, under the aegis of the…
Diddy steps down as chairman of Revolt amid sexual assault lawsuits
Sean ‘Diddy’ Combs, the US rapper, has temporarily stepped aside from his role as chairman at Revolt, his TV network. This was revealed in a statement via Revolt’s Instagram…
Automation of passport application 99% done | Int’l airports to get e-gates by Feb 2024 –…
Olubunmi Tunji-Ojo, minister of interior, says the automation of Nigeria’s passport application is 99 percent completed. Speaking on Tuesday in an interview on Channels Television, Tunji-Ojo said the automated…
How Manchester United takeover costing club £1m monthly
According to a report in Daily Mail, Manchester United owners, the Glazer family, are reportedly spending £250,000 a week, approximately amounting to £1million in legal and consultancy fees in a bid to sell a 25 per…
2024 budget exposes ‘Nigeria is a rich country’ myth
While Nigeria boasts of Africa’s biggest economy, its proposed 2024 budget pales in comparison to several of its peers on the continent. President Bola Tinubu will on Wednesday (today) present the 2024 budget of N27.5…
EFCC Arraigns Couple For N2.7bn Fraud In Lagos
The Economic and Financial Crimes Commission, Lagos Zonal Command, has arraigned a couple, Oriyomi Idowu and Ruth Idowu, before Justice Mojisola Dada of the Special Offences…
Tinubu met a bad economy but he’s worsening it
Recently in an address at the Chief of Defence Intelligence annual conference 2023, National Security Adviser (NSA), Nuhu Ribadu remarked that the six-month-old administration of President Tinubu had inherited a…
Senate rejects bill to allow parties fill vacant seats without bye-elections
The senate on Tuesday stood down a bill seeking to allow parties to fill vacant seats in the national or state legislative chambers without bye-elections in the case of the death or resignation of a lawmaker. The bill,…
Ex-petroleum minister excelled in corruption, says TY Danjuma
A former Chief of Army Staff, Lt. General Theophilus Danjuma (retd.), on Tuesday, said he used to say that any job that is expected to be done properly should be given to a woman. He said he had a change of mind when the…
Guinness Nigeria gets new Managing Director, its first Nigerian CEO since 2015
Guinness Nigeria has announced the appointment of Mr Adebayo Alli as its new Managing Director, its first Nigerian MD since 2015. The appointment comes after John Musunga, the now erstwhile MD of Guinness Nigeria…
Five elections in 2024 that will shape the global order
Could Donald Trump make a comeback? Will anyone in Russia challenge another six years for Vladimir Putin? With half the world heading to the polls in 2024, and some 30 countries electing a president, here are five key…
Emefiele unable to meet N300m bail, to remain in Kuje prison till 2024
Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), will remain in Kuje correctional facility, Abuja after he failed to meet his bail conditions. The former CBN boss was brought into court by…
Economy Will Pick Up In 15 Months – Shettima
Vice President Kashim Shettima has tasked local and foreign investors to make Nigeria their investment hub as he declares President Bola Ahmed Tinubu’s determination to provide the enabling environment for businesses to…