Former President Olusegun Obasanjo Former Jigawa State Governor, Sule Lamido, has criticized the endorsement of Peter Obi by former President Olusegun Obasanjo, describing it as a “big mistake”. Obasanjo had endorsed the Labour Party presidential candidate in his New Year message to Nigerian youths, urging them to vote for the …
Read More »You’re Key To Nigeria’s Progress, Tinubu Tells Youths
Presidential Candidate of the All Progressives Congress (APC), Bola Tinubu, has promised to create an enabling environment that will unlock the creative abilities of Nigerian youths if elected president. A statement by Tinubu Media Office on Friday, which was signed by Tunde Rahman, said that Tinubu stated this at a …
Read More »Stanbic IBTC Capital named Best Investment Bank in Nigeria at the EMEA Finance African Banking Awards 2022.
Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings PLC, won four awards at the recently concluded EMEA Finance African Banking Awards 2022. For the 8th consecutive year, Stanbic IBTC Capital was named Best Investment Bank in Nigeria. Stanbic IBTC Capital also won awards for Best Debt House, …
Read More »Access Bank Lagos City Marathon 2023 To Witness Over 60,000 Runners In The Elite Label Race
This year’s edition of the Access Bank Lagos City Marathon is set to witness over 60,000 runners on the Lagos roads to compete for honours in the Elite Label race, as the status of the Lagos City Marathon rises. Speaking on the annual event, the General Manager Nilayo Sports Management …
Read More »Mass burial in Bauchi as 18 passengers burn beyond recognition
File Photo: Mass burial for the victims of gunmen attack in Goronyo Local Government Area of Sokoto State on Wednesday Tragedy struck on Wednesday when 18 persons were burnt beyond recognition in an auto crash in Narbodo village of Toro Local Government Area of Bauchi state. Yusuf Abdullahi, the Sector …
Read More »CBN plans regulatory framework for cryptocurrencies
Emefiele, CBN governor The Central Bank of Nigeria (CBN) has said it will come up with a regulatory policy framework for the implementation of cryptocurrencies. The CBN which had earlier banned crypto-related transactions in the banking system, disclosed this in a report on ‘Nigeria payments system vision 2025’. It said, …
Read More »NNPC prospects for oil in Niger, Borno –Report
NNPC The Nigerian National Petroleum Company (NNPC) Limited says it is prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi and Gombe states. NNPC stated that it was currently taking coordinated steps for more frontier exploration in the region, as part of measures …
Read More »Court dismissed allegations of false asset declaration levelled against Mahmood Yakubu, INEC chairman
Mahmood Yakubu, INEC chairman A Federal Capital Territory (FCT) High Court sitting in Garki has dismissed allegations of false asset declaration levelled against Mahmood Yakubu, chairperson of the Independent National Electoral Commission (INEC). The court also barred the Department of State Services (DSS), the police, and Code of Conduct Bureau …
Read More »80.6% of FG’s revenue in 11 months consumed by Debt servicing – Zainab Ahmed
Zainab Ahmed Minister of Finance, Budget and National Planning, Zainab Ahmed, says the federal government spent a total of N5.24 trillion on debt servicing between January and November 2022, out of its N6.5 trillion retained revenue for the same period. The minister disclosed this in Abuja on Wednesday during the …
Read More »CBN Reacts To Claim Of Fraudulent Act In Sale Of Polaris Banks
Polaris Bank Ltd Building The Central Bank of Nigeria has reacted to the claims of fraudulent transactions in the sale of Polaris Bank formerly known as Skye Bank to Fairview Acquisition Partners. Recall that in October 2022, CBN in a press statement announced the completion of the sale of shares …
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