Stanbic IBTC Bank (“the Bank”) has recently become aware of certain misinformation circulating with respect to its loans to Directors in 2022. As a socially responsible corporate organisation, Stanbic IBTC Bank is aware of the significance of maintaining transparency and integrity in all its processes. It is therefore …
Read More »There will be no room for lies, new information minister assures Nigerians
Mohammed Idris Malagi As Arts, Tourism Ministers Pledge Better Marketing of Nigeria abroad Minister of Information and National Orientation, Mohammed Idris Malagi, has promised Nigerians that there will be no room for lies and fake news as the President Bola Ahmed Tinubu has given him a matching order to …
Read More »Wike laments failure of $824 million Abuja metro rail
Rivers State governor Nyesom Wike. Denies using N300m official vehicle Minister of Federal Capital Territory (FCT), Nyesom Wike, has expressed disappointment over the failure of Abuja Rail Mass Transit project.The metro rail, which was commissioned by President Muhammadu Buhari on July 12, 2018, and opened for passengers the following …
Read More »‘Why Nigeria should not lead ECOWAS to war against Niger’
Asiwaju Foremost Historian and expert in African borderland and regional integration, Emeritus Prof. Anthony Asiwaju, spoke with MUYIWA ADEYEMI on the danger of deploying military to resolve crisis in Niger Republic, and how to stem the tide of military coups in Africa. What’s your view on the ECOWAS decision …
Read More »Lagos Assembly rejects 17 commissioner-nominees [See full list]
The Lagos State House of Assembly has rejected 17 of the 39 commissioners-nominees sent by Governor Babajide Sanwo-Olu. The commissioners-nominees rejected by the Lagos Assembly are listed below. 1. Mrs. Folashade Adefisayo (Education); 2. Prof. Akin Abayomi (Health); 3. Gbenga Omotoso (Information and Strategy); 4. Olalere Odusote (Energy); 5. Mrs. …
Read More »Importation ban creates N55 billion local SIM card industry
Professor Umar Garba Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC). Photo: FACEBOOK/NCC The Nigerian Communications Commission (NCC) disclosed that a major key achievement of some of the policies initiated by it, especially as it relates to local content development, is the ban on the importation of whole-body subscriber …
Read More »24yrs after, Nigeria’s space programme loses traction despite yearly allocations
• Space programme gulps N101.744 billion in three years with little progress • NARSDA received N6.166bn in 2021 while 14 supporting mini agencies gulped N15bn same year • FG increased NASRDA budget by over 450 per cent in 2022 but over 70 per cent spent on salaries Despite gulping N101.744 …
Read More »Niger: Algeria, Egypt oppose military action, seek dialogue
Algeria and Egypt have moved against military intervention in the Niger Republic, insisting that dialogue remains the best option out of the current political crisis in the country. Recall that West African leaders had, in the aftermath of the coup that toppled President Mohamed Bazoum, threatened to embark on military …
Read More »War with Niger? Tinubu is playing reckless macho politics, By Olu Fasan
IT is a truism that a country’s foreign policy is the reflection of its domestic circumstances. A country that faces huge economic, political and security crises at home would be foolhardy to prosecute a war abroad. Furthermore, a robust foreign policy depends on domestic support. Thus, it’s utterly reckless and …
Read More »Stock exchange pushes dollar asset listings for Nigeria’s FX challenges
By Peter Egwuatu Amidst the lingering crises in Nigeria’s foreign exchange market, the Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola, has stated that dollar asset listings can address the challenges. Commending the federal government’s forex reforms in an interview with Bloomberg yesterday, Popoola noted that the Exchange features a …
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