The Federal High Court Headquarters, Abuja, on Sunday denied a media report titled “Controversy Surrounds Flying of Judges to London for training by Nigeria’s Asset Recovery Agency, AMCON.” The report claimed that judges, who are currently observing their vacation, were allegedly funded by Asset Management Corporation of Nigeria to attend …
Read More »MPR: Banks jerk up interest rates on savings deposits money market
Banks have begun to increase interest rates on deposits in line with the sustained hike in the Monetary Policy Rate, MPR, by the Central Bank of Nigeria, CBN. At its last Monetary Policy Committee, MPC, meeting previous week, CBN raised MPR by another 25 basis points the sixth consecutive raise …
Read More »Consumers pay N247bn for electricity in Q1’23
•As NERC grants license to Ekiti IPP Consumers in the country paid N247.1 billion for electricity in the first quarter of 2023, an increase of 1.14 percent compared to N243.65 billion paid in the fourth quarter of 2022, the latest report from the Nigerian Electricity Commission, NERC, has shown. In …
Read More »NGX partners UK government on mobilizing capital for listed coys
Britain’s Foreign Secretary James Cleverly walks outside Number 10 Downing Street in London, Britain, October 18, 2022. REUTERS/Toby Melville UK Foreign Secretary, James Cleverly, has announced a new partnership between Nigerian Exchange Limited (NGX) and the UK government in Mobilising Institutional Capital Through Listed Product Structures (MOBILIST). Cleverly disclosed this …
Read More »MINISTERIAL LIST: Why Tinubu withdrew my nomination — Maryam Shetty
Following the withdrawal of her name from the list of ministerial nominees by President Bola Tinubu, Dr. Maryam Shetty blamed life with its characteristic unpredictability for the action, saying, however, she bore no ill will towards anyone. She said being nominated was a validation of her capabilities and a sign …
Read More »Niger Coup, ECOWAS tensions: Senate, Sultan group reject military action, caution Tinubu
•Ask President, ECOWAS to tread with care The Senate and the Jama’atu Nasril Islam, JNI, led by the Sultan of Sokoto, Muhammadu Sa’ad Abubakar, have asked the Chairman of the Economic Community of West African States, ECOWAS, and President of Nigeria, Bola Tinubu, and other leaders of the region to …
Read More »Tinubu versus Buhari war started earlier than expected, By Dele Sobowale
“It is quite impossible for those who want to gain power to avoid getting rid of those who are most likely to form the opposition” – Critias, 404 BC, VANGUARD BOOK OF QUOTATIONS, VBQ, p 196. In addition to those in opposition, power-grabbers abhor those likely to form a rival …
Read More »Abia to establish commission on Ease of doing Business – Otti
Governor Alex Otti of Abia State has hinted his administration would soon establish a Commission on the Ease of Doing Business. The Governor who disclosed this when he received in the audience a team from the Central Bank of Nigeria (CBN), led by the Abia State Branch Controller, Mr …
Read More »AAU, JAMB, NUC launch action plan for accelerating academic excellence in higher education
Stakeholders in the education sector, including the West Africa Office of the Association of African Universities (AAU), the Joint Admissions and Matriculation Board (JAMB) and the National Universities Commission (NUC) have launched a Framework of Action for Accelerating Academic Excellence (FAAAE) in the Nigerian higher education system. This was unveiled at …
Read More »Cute Abiola embarks on new chapter with ‘Shattered Innocence’
Cute Abiola in police uniform Abdulgafar Abiola, widely known as Cute Abiola, has embarked on an exciting new chapter in his career as he makes his entry into Nollywood. The popular skit creator has secured a significant role in an upcoming highly-anticipated Nollywood movie, signaling his official entry into the world …
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