Sterling Bank Limited has been indicted as the Independent Corrupt Practices and Other Related Offences Commission (ICPC) seeks the temporary forfeiture of N1,373,180,510.07 Kaduna State fund allegedly hidden in the bank. The fund is believed to have been diverted from the Kaduna Light Rail Project’s budget into the account of …
Read More »BUA Foods shares dips as investors exit positions
BUA Foods Plc slumped by 10% in the equities market as investors sell down their interest in the company. At the close of trading session on Friday, BUA Foods fell to N373.50 per share, lost N747 billion due to a single day sell pressure. The market recorded that BUA Foods …
Read More »“I’m not the best thing after slice bread:” Nathaniel Bassey cautions fans against unholy obsession
Gospel singer, Nathaniel Bassey, has cautioned his fans against what he calls an unholy obsession for him. Taking to his X handle, Bassey said it was not compulsory for every Christian to know him. Bassey’s intervention is coming at a time that Nigerian church goers hype preachers and gospel singers …
Read More »Attack on govt officials: Police declare Portable wanted
The Ogun State Police Command has declared street-hop singer Habeeb Okikiola Olalomi, popularly known as Portable, wanted for his alleged involvement in a violent attack on government officials carrying out their lawful duties. The Command in a statement issued by its spokesperson, Omolola Odutola, said that a valid court order …
Read More »PZ Cussons Faces Shareholders Backlash Over $34.3m Debt-To-Equity Conversion Plan
Shareholders under the aegis of the New Dimensional Shareholders Association have voiced strong opposition to PZ Cussons Nigeria Plc’s proposed $34.3m debt-to-equity conversion, describing the plan as unfair to minority shareholders and a move that leaves them marginalized. PZ Cussons Nigeria Plc announced its intention to convert a $34.3m loan …
Read More »Osimhen Scores Brace In Galatasaray’s Win Over Rizespor
Super Eagles striker Victor Osimhen produced a match-winning performance for Galatarsaray to lead them to a 2-1 victory on Monday in the Turkish Super League. Osimhen scored a stunning brace to hand his club the maximum points to boost their title aspirations with a clinical performance that further established his …
Read More »UCH resident doctors embark on indefinite strike over prolonged power outage
Members of the Association of Resident Doctors (ARD) at the University College Hospital (UCH) in Ibadan, Oyo state, have embarked on an indefinite strike. NAN quoted Uthman Adedeji, the association’s secretary in Ibadan, as saying that the strike was due to power outage in some of the hospital’s residential areas. …
Read More »Airtel Nigeria increases data prices
Airtel Nigeria, the country’s second-largest telecommunications operator (Telco) has announced a significant adjustment to its data pricing structure. A check by the News Agency of Nigeria (NAN) using the *312# code and on the Airtel website showed the revised data prices. According to the telco’s website, the revision, which affects …
Read More »Nigeria’s inflation drops to 24,48%
The National Bureau of Statistics says Nigeria’s headline inflation dropped to 24.48 per cent in January 2025 following the rebasing of the Consumer Price Index. Making this disclosure on Tuesday, in Abuja, was the Statistician General, Prince Adeyemi Adeniran. This was at the launch of the rebased CPI report. He …
Read More »Afenifere mourns Clark
The Pan-Yoruba socio-cultural group, Afenifere, Tuesday said it received the passing of foremost Ijaw Leader, Chief Edwin Clark, with great shock. The News Agency of Nigeria (NAN) reports that Clark, the leader of the Pan Niger Delta Forum (PANDEF) died on Monday in Abuja at 97. Reacting, Mr Jare Ajayi, …
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