News

It was an iconic sight to behold as new buses adorned some of the recently constructed Bus Terminals in Lagos for the take off of the Bus Reform Initiative of the state government designed to bequeath a world class transportation system and enhance connectivity across the state. Apart from adding …

The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank indicate that the amount released was for requests in the …

The Ex-deputy governor of Ekiti State and Labour Party governorship candidate for the July 14 election, Dr. Sikiru Lawal, has vowed that the coming election will mark the end of  those he described as ‘opportunists’ in the politics of the state. Lawal, who flagged off his campaign on  Wednesday, said the current experience …

From just a merchant bank with few branches, Fidelity Bank Plc has, over the years, maintained a steady growth, emerging the top tier 2 bank in Nigeria. In this interview with the lender’s CEO, Mr. Nnamdi Okonkwo, he speaks on the economy, the banking industry and the secret behind the …

A member of the House of Representative, Muhammed Kazaure, has said that his colleagues cannot impeach President Muhammadu Buhari as they threatened on Tuesday. Addressing a press conference shortly after a closed-door session of the National Assembly, Mr Kazaure said he and his other colleagues who are in support of …

Intrigues, highwire politicking and intensive lobbying are at work at the Nigerian Presidency and Police Force Headquarters (FHQ), Louis Edet House Garki, Abuja, as President Muhammadu Buhari shops for a new Inspector-General of Police, IGP, ahead of the retirement of incumbent, Ibrahim Kpotun Idris. Although Idris is due for statutory …

Kenya’s President Uhuru Kenyatta Many Kenyans have taken to the streets to celebrate as the country become one of the global oil producers. The country on Sunday flagged off the transportation of the first oil barrels. President Uhuru Kenyatta led a host of local leaders to celebrate the feat that …

Commercial banks’ average daily loan requests from the Central Bank of Nigeria (CBN) stands at N216.34 billion due to the apex banks’s tough monetary policy, according to a CBN’s Financial Market Department Annual Activity Report. The Monetary Policy Rate (MPR) – benchmark interest — has remained at 14 per cent …

Ekiti State Governor, Mr. Ayodele Fayose has called for three days of fasting and prayer for the All Progressives Congress (APC) former governorship aspirant, Hon. Michael Opeyemi Bamidele (MOB) and others that were hit by bullets fired by a trigger happy policeman at the APC secretariat on Friday. The governor, …

Buhari…  • Group heads to court The recently approved excise duty for alcoholic beverages and tobacco will take effect today. President Muhammadu Buhari had approved the amendment to the excise duty rates in March. However, a non-gover-nmental organisation, Business Renaissance Group, has asked the Federal High Court in Abuja to restrain the …