The Arewa Youth Assembly (AYA) has petitioned the Acting Inspector General of Police and the Department of State Security over what the group termed coordinated attacks against the top management of the Nigeria National Petroleum Corporation Limited (NNPCL) especially its Group Chief Executive Officer, Mallam Mele Kyari, and Chief Financial …
Read More »New Senate rule restricts President, Deputy seat to ranking members Ministerial Nominees
… non ranking members, kick, threaten legal challenge In what appears to be a preemptive move against destabilization, the Senate leadership on Tuesday pushed through an amendment to its standing rules. Under the amended rule, only ranking members can stand for elections and be voted into the office of President …
Read More »Tinubu attended Chicago varsity, registrar testifies in US court
A Registrar of Chicago State University, Caleb Westberg, on Tuesday, swore under oath that President Bola Tinubu attended and graduated from the institution in 1979. Westberg also admitted that the admission letter issued to the Nigerian President evidently proved he was a male and attended the school between 1977 and …
Read More »Police Arrest Naira Marley Over Mohbad’s Death
The Lagos State Police Command has confirmed the arrest and detention of Marlian Records label boss, Azeez Fashola, popularly known as Naira Marley, in connection with the mysterious death of his former signee, Mohbad. The Lagos police spokesperson, Benjamin Hundeyin, announced Naira Marley’s detention in a tweet on Tuesday night. …
Read More »Alleged $101m Bankruptcy: Court Fixes October 20th To Hear Application Alleging Contempt By Orjiakor
The Federal High Court in Lagos Tuesday fixed October 20, to hear Access Bank’s application alleging contempt by a businessman, Dr. Ambrosie “ABC” Orjiakor in a bankruptcy suit by the bank against him. The application, filed by the bank through its counsel Mr. Kunle Ogunba (SAN), is seeking an order …
Read More »Arik Air In Trouble Over $40Million Import Duty Diversion As Nigeria Customs Begins Investigation
$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft Nigeria Customs Service has commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership. There are indications that Arik in Receivership abused …
Read More »TAJBank records highest Tier-1 capital, PBT
TAJBank TAJBank Limited has recorded the highest Tier-1 capital in the non-interest banking sub-sector in the first half of 2023. This is according to a statement by TAJBank’s Chief Executive Officer (CEO), Mr Ahmed Joda Joda said that the audited financial statements of the bank also reflected an increase …
Read More »NPA ejects policemen from barracks, occupants get N200,000 each
There is anxiety among policemen who reside in the Nigerian Port Authority barracks in the Sunrise, Apapa area of Lagos State as they have been asked by the NPA authorities to exit the premises within two weeks. Some policemen who spoke with PUNCH Metro on Monday said the barracks had been sold …
Read More »Atiku’s fishing fails as Chicago State University finds diplomas matching Tinubu’s
Atiku: Chicago state University finds matching Tinubu’s certificate Chicago State University said it has found several certificates after diligent search matching the replacement certificate which President Bola Tinubu presented to INEC in 2022. The school made this known in its response to Judge Nancy Maldonado’s order that it supply the …
Read More »Stanbic IBTC Bank Nigeria PMI: Output returns to growth, but cost pressures limit demand
Strong cost pressures meant that firms operating in the Nigerian private sector remained under pressure in September. Although new order growth quickened, helping to support a renewed increase in business activity, rates of expansion in each were only modest. Input prices increased at one of the sharpest rates on record, …
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