Timipre Sylva Chief Timipre Sylva, former governor of Bayelsa State, has resigned from his position as the minister of state for petroleum resources, the presidency confirmed on Friday. Sylva resigned ahead of the All Progressive Congress (APC) governorship primaries in Bayelsa State next month. President Muhammadu Buhari’s Special Assistant on …

The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practice Commission (ICPC) The government of the United States has stated that in terms of fighting corruption, Nigeria’s Independent Corrupt Practices and Other Related Offences Commission, ICPC, and the Economic and Financial Crimes Commission, EFCC, have succeeded largely with …

A lecturer at the Tai Solarin University of Education (TASUED) in Ogun State, is facing charges at the Ijebu-Ode High Court, in Ogun State. He is accused of demanding sexual and monetary gratification from a female student of the institution. The suspect was brought before Hon. Justice Osinuga by the …

Governors under the platform of the ruling All Progressives Congress APC, the Progressive Governors Forum, PGF, have vowed to protect the mandate of Bola Tinubu, the president-elect and called on the Department of State Security, DSS, to hunt down the movers of Interim National Government, ING, and punish them. The …

First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the first set of subsidiaries effecting the name alignment. They are now …

ASUU declares indefinite strike in Taraba The Taraba State University chapter of the Academic Staff Union of Universities (ASUU), has declared a total, comprehensive and indefinite strike action. The decision follows a permission by the ASUU national to the state branch to embark on the strike action to press home …

  A contracting firm, Eastline Energy Resources Limited says it has begun the process of filing an exhaustive and comprehensive lawsuit against Conoil, an oil and gas conglomerate owned by Nigerian billionaire, Mike Adenuga over its alleged failure to pay its debt. Obioma Chimechefulem, Managing Director of the firm disclosed …

Zainab Ahmed, Finance Minister Latest figures from the Debt Management Office (DMO) show that Nigeria’s public debt profile stood at N46. 25 trillion, as at December 2022. The DMO, which released the figure on Thursday noted that it e accounted for the total debt owed by the federal and state …

Fayose, Ortom, Shema and Ayim The National Working Committee (NWC) of the Peoples Democratic Party (PDP), on Thursday reversed the suspension of former Governor of Ekiti State, Ayodele Fayose; former Senate President, Pius Anyim and three others. The party had last week suspended Fayose, Anyim and others for anti-party activities. Others suspended …

The statement made available to Daily Record on Thursday read: “Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank,” the statement made “While we will not be able to offer further comments as the matter is sub-judice, suffice …