Felix Onajite The management of Ecobank on Tuesday said the fire incident at its head office in Victoria Island on the early hours of Tuesday (today) didn’t affect any major equipment and document as speculated on social media. The bank in a statement made available to THE WITNESS said the …
Read More »You can’t sack us, Kwara APC tells Oshiomhole, NWC
The All Progressives Congress in Kwara State has rejected and dismissed the purported dissolution of party at the ward, local government and state levels in the State by the Adams Oshiomole-led National Working Committee as not only outrightly unlawful but also null and void. The position of the party was …
Read More »FBN Holdings grows earnings, reports 293.3 billion in H1 result
FBN Holdings Plc (FBNHoldings) says its profit margin increased by 13.7 percent year on year (y-o-y) for the half year ended June 2018, “despite high inflationary environment”. This is contained in the group’s unaudited results, which were largely positive for the period under review. According to the results, profit after …
Read More »I’ve no hands in Governor Ortom’s impeachment notice – Buhari
President Muhammadu Buhari has spoken on the impeachment notice served on Benue Governor Samuel Ortom by eight members of the State House of Assembly. Buhari’s reaction was contained in a statement Tuesday morning by his spokesman, Femi Adesina. It read: “Even while attending the ECOWAS/ECCAS Summit in Togo, strident attempts …
Read More »TRANSCORP HOTELS PLC HY 2018 PROFIT AFTER TAX EXPANDS BY 85%
ABUJA, NIGERIA, 24th July 2018 The pride and pearl of the Nigerian Hospitality Industry, Transcorp Hotels Plc. (“Transcorp Hotels”) has announced its Unaudited Financial Statements for the period ended June 30, 2018. The company showed significant growth over same period last year recording a turnover of N8.01billion, Profit Before Tax of N2.02billion and Earning …
Read More »World Friendship Day: Kizz Daniel, Phyno, Simi for Calabar show
Rave-of-the-moment singers, Kizz Daniel, Phyno and Simi are billed to perform at the City of Friends event to mark this year’s World Friendship Day in Calabar and Lagos. Tagged ‘City of Friends’, the event which is scheduled to hold at the Municipal Gardens in Calabar, this Saturday, July 28 and …
Read More »Defections: We’re not bothered, defectors have no electoral value – Oshiomhole
The National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole has told former members who switched to the Peoples Democratic Party that he was not going to lose any sleep at all about their departure, as ‘water will find its level’ sooner. He described them as ‘big …
Read More »Saraki: I Have Replied to Police’s Enquiries
The Senate President, Dr. Bukola Saraki The Senate President, Dr. Bukola Saraki, Wednesday explained why he did not have to go to the Guzape Police Station in Abuja to respond to police’s enquiries over alleged links to the April robbery incident in Offa, Kwara State. Saraki said he had responded …
Read More »CBN’s New Credit Initiative May Boost Private Sector Liquidity
Central Bank Of Nigeria Governor, Godwin Emefiele Following commercial banks’ growing reluctance to extend credit to the real sector, the Central Bank of Nigeria (CBN) may intervene directly to provide the much needed funds to boost private sector liquidity. This is one of the fresh initiatives of the apex bank …
Read More »More Troubles for APC as Ortom Finally Defects to PDP
Dr. Samuel Ortom of Benue State The gale of defections continued to sweep through the yard of the ruling All Progressives Congress (APC) Wednesday as one of its governors, Dr. Samuel Ortom of Benue State, left its rank to rejoin his former party, the Peoples Democratic Party (PDP). The Benue …
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