President Tinubu President Bola Tinubu has approved the appointment of new Chief Executive Officers (CEOs) of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. Tinubu said the appointments are in line with his resolve to base Nigeria’s economic revival on the foundation of trade expansion …
Read More »Davido, Chioma step out with their newborn twins (video)
Davido, Chioma step out with their newborn twins Nigerian singer David Adeleke, aka Davido, and his wife Chioma Avril Rowland were captured, on Friday, leaving a hospital with a set of twins in the United States of America. In a video that went viral on social media, Chioma was captured …
Read More »Rumours of my possible appointment as NPA MD baseless, unfounded – Faleke
James Faleke James Faleke, the lawmaker representing Ikeja Federal Constituency in the House of Representatives, has described as baseless the recent media speculations concerning his possible appointment as the Managing Director, Nigerian Ports Authority (NPA). Faleke, in a statement on Friday said the rumours are baseless and without merit, saying …
Read More »2023 Glo-sponsored Ofala opens with Youth Carnival
Ofala Festival, the yearly celebration of the rich cultural heritage of the Onitsha people of Anambra State, began on Friday with a Youth Carnival in the city. The kick-off of the annual festival sponsored by total telecommunications solutions provider, Globacom, the Youth Carnival, organised by the Onitsha Ado Youth Council …
Read More »Nigeria rises to 4th place in country rankings – African Trade Barometer Report 2023
Stanbic IBTC Holdings, a member of Standard Bank Group, has shared some of its latest findings from the Africa Trade Barometer 2023 Issue three report. The report, which assesses key economic indicators in Africa highlights several noteworthy developments across African countries. According to the latest Africa Trade Barometer, Nigeria has …
Read More »Emirates launches new wildlife amenity kits highlighting endangered species
Emirates Premium Economy and Economy Class customers on long haul flights globally will be treated to new complimentary amenity kits, now onboard. The amenity kits have been designed in partnership with United for Wildlife, to highlight eight of the most endangered species on the planet. Preserving wildlife and habitats is a …
Read More »Tinubu Appoints Ola Olukoyede As New EFCC Chairman
President Bola Ahmed Tinubu has approved the appointment of Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) for a renewable term of four years in the first instance, pending Senate confirmation. This is contained in a statement issued by Ajuri …
Read More »We’re probing former govs, ex-ministers, others over fraud – EFCC
EFCC office The Economic and Financial Crimes Commission, EFCC, on Wednesday, disclosed that following petitions received by the commission, some former governors, former ministers, and some ministry officials are under investigation adding that details of their involvement will soon be made public. Spokesman of the commission, Mr Dele Oyewale also …
Read More »Naira falls to N1,040/$ at parallel market
Naira and Dollar The exchange rate between the naira and the dollar dropped to N1,040 in the parallel market on Wednesday. The ongoing trend of demand surpassing supply seems to be a contributing factor. Forex traders report inflow quotes ranging from N1,035 to N1,045 per dollar, indicating heightened scarcity, …
Read More »$24m Fraud: US Court Jails Nigerian Senator’s Wife
A US District Court has sentenced Mrs Tamara Motley Ogembe, wife to Senator Ahmed Ogembe, former lawmaker representing Kogi Central in the 8th Senate, to 20 years in federal prison for the money laundering conspiracy count, and a mandatory sentence of two years in federal prison consecutive to the other …
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