Moves by a faction in the leadership of the Peoples Democratic Party (PDP) to sidestep a judgement of the Court of Appeal, Enugu Division, have deepened the cracks in the crisis of confidence rocking the main opposition party. IT WAS had earlier reported that the appellate court, in December 2024, …
Read More »Late Alaafin’s daughter calls out Queen Dami over paternity fraud
Adeyemi Adebisi Aminat, daughter of the late Alaafin of Oyo, has alleged that Queen Dami, her late father’s ex-wife, committed paternity fraud concerning her child with the late monarch. Adeyemi Adebisi Aminat, daughter of the late Alaafin of Oyo, has alleged that Queen Dami, her late father’s ex-wife, committed paternity …
Read More »Abbey Mortgage Bank Set To Transition Into Regional Bank
Abbey Mortgage Bank Plc has announced plans to hold an Extraordinary General Meeting (EGM) on Friday, January 24, 2025, to seek shareholder approval for key resolutions pivotal to its strategic transition into a regional commercial bank. This was contained in the company’s notice to the Nigerian Exchange Limited seen by …
Read More »UBA sends serious message to customers
The United Bank for Africa has told its customers in a special message that their debit cards may not work between 12:00am and 5:00 am on Sunday. In a message, the bank said that this could happen because of its scheduled routine maintenance on its card services. The bank said, …
Read More »$10bn needed to restore Gaza’s shattered healthcare system – WHO
The World Health Organisation has said the Gaza ceasefire could boost aid deliveries to 600 trucks daily amid reports that Israel’s security cabinet has given the green light to a ceasefire deal with Hamas. The body also said more than $10 billion is required to restore Gaza’s shattered healthcare system. …
Read More »Tragedy as Lagos magistrate slumps, dies
A 58-year-old Lagos magistrate Olasanmi Ogunkanmi, has reportedly slumped and died the same night he returned from a three-week holy pilgrimage in Jerusalem. The Vanguard, however, also reports that another source claimed that Ogunkanmi who is also a pastor, only died in his sleep. According to the Vanguard report, Ogunkanmi, …
Read More »N/Assembly reaffirms commitment to boost food security
The National Assembly Joint Committee on Agricultural Production and Services has reiterated its support for the National Agricultural Development Fund as part of its broader strategy to enhance food security in Nigeria. The Executive Secretary/CEO of NADF, Mohammed Ibrahim, said in a statement shared with our correspondent on Saturday. According …
Read More »AMCON vows to recover N227bn from Arik Air
The Asset Management Corporation of Nigeria (AMCON) has said it is determined to recover N227 billion debt from Arik Air. The Head, Corporate Communications of AMCON, Mr Jude Nwauzor, made this known during an interactive session with aviation correspondents on Friday in Lagos. According to him, AMCON’s plan to liquidate …
Read More »Glo Festival of Joy promo draw holds in Abuja
Another draw for more winners in the ongoing Glo Festival of Joy promo has been held in Abuja. This is in continuation of Globacom’s yearly plan to excite and reward its subscribers across the country. The draw, held on Friday at the Gloworld, Aminu Kano Crescent, Wuse, was grace by …
Read More »Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn
The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, …
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