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 …
Read More »FIRSTBANK ANNOUNCES A NAME CHANGE OF ITS SUBSIDIARIES, REITERATES ITS COMMITMENT TO BOOSTING CROSS-BORDER BUSINESS OPPORTUNITIES IN AFRICA AND THE WORLD.
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 …
Read More »ASUU declares indefinite strike in Taraba
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 …
Read More »Contractor Files Lawsuit Against Mike Adenuga’s Conoil Company Over $775,000 Debt
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 …
Read More »Nigeria’s public debt exceeds N46trn
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 …
Read More »PDP reverses suspension of Fayose, Anyim, Shema, others
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 …
Read More »First Bank releases official statement on forgery allegation
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 …
Read More »Force CID probes national assembly staff leaders for alleged N500m fraud
Top officials of the National Assembly branch of the Parliamentary Staff Association of Nigeria were interrogated by operatives of the Force Criminal Investigation Department on Wednesday over allegations of financial misappropriation involving about N500m. PUNCH reports that three top officials of PASAN in the National Assembly were invited by the …
Read More »I never collected money to support Umo Eno – A’Ibom guber aspirant
An aspirant for the 2023 gubernatorial race in Akwa Ibom State on the platform of the Peoples Democratic Party, PDP, Barr Onofiok Luke has said that he never collected money from anybody ahead of the campaigns in order to support Pastor Umo Eno, for the number one position. Luke …
Read More »CCB opens investigation into Atiku’s SPV saga, invites Keyamo
The Code of Conduct Bureau (CCB) is set to commence investigations into a petition against former Vice President, Atiku Abubakar for allegedly using the Special Purpose Vehicle (SPV) to divert fund between 1999 and 2007. Recall that the Minister of State for Labour and Employment, Festus Keyamo submitted the petition …
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