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Nipco Plc says its wholly-owned subsidiary, 22 Hospitality Limited, has acquired a majority stake in Capital Hotels Plc (CHP), owners of Abuja-based Sheraton Hotel. Nipco is a downstream operator in the oil and gas industry. Lawal Taofeek, spokesperson, Nipco, made this known in a recent statement. According to the statement, …

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he will tackle poverty and insecurity if elected in the 2023 general election.  The former vice-president spoke on Monday at the of the PDP presidential campaign in Uyo, the capital of Akwa Ibom. Abubakar, said when PDP was in …

Former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Sam Amadi, has explained why he rejected his appointment into the campaign council of the presidential candidate of the Peoples Democratic Party, (PDP), Atiku Abubakar. He said that his rejection of the appointment was based on some roles he occupies which …

The Labour Party presidential candidate with Pa Adebanjo, leader of Afenifere. The pan-Yoruba socio-political organization, Afenifere, has replied to the statement credited to Governor Rotimi Akeredolu over the group’s endorsement of Peter Obi. The Ondo State governor had in a statement said “Afenifere doesn’t speak for the Yoruba people on …

Harrysong Operatives of the Lagos Police Command have picked up popular singer, Harrison Tare Okiri, better known by his stage name Harrysong, at the Muritala Muhammad International Airport, Ikeja. SP Benjamin Hundeyin, the Police Public Relations Officer (PPRO), confirmed the arrest. This comes a few days after he called out …

minister of aviation, Hadi Sirika handling over the letter to Governor Babajide Sanwo-Olu Babajide Sanwo-Olu, governor of Lagos state, has received a letter of approval for the construction of the Lekki airport. The letter was presented to the governor by Hadi Sirika, minister of aviation, at the Ehingbeti Lagos Economic …

Chioma and Davido David Adeleke, Nigerian singer popularly known as Davido, has ordered a new G-Wagon, for Chioma Rowland, his lover and mother of his son, Ifeanyi. This was disclosed by an auto dealer, Adesuwa Renee Ogiozee via her Instagram page on Tuesday. She shared a screenshot of her chat …

ASUU The Academic Staff Union of Universities (ASUU) has scheduled an emergency meeting of its National Executive Council (NEC) for Thursday to review recent developments, especially the recent Appeal Court decision directing it to suspend its ongoing strike action. The meeting is expected to take place at its headquarters in …

The story of Corporate Nigeria in 2022, cannot be complete without a chapter on the incredible performance of First Bank of Nigeria Limited, which saw the hitherto encumbered bank now returning to the top of the ladder of the Nigerian banking industry, amid a harvest of international laurels, writes Festus Akanbi …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, completed the first outbound and inbound transaction on the Pan-African Payment and Settlement System (PAPSS) platform in Nigeria. PAPSS, the centralised Financial Market Infrastructure (FMI) that supports payment arrangements with the objective of expanding pan-African trade and driving African Central …