This deity called petrol
By Dakuku Peterside To be precise from the onset, it is apt to posit that the centrality, omnipresence and ubiquitous nature of petrol in Nigeria has elevated it to the status of a deity in our daily lives. We revere…
July 2023
Adeleke charges residents to be security conscious
By Ismail Azeez, Osogbo Osun State Governor, Ademola Adeleke has charged the residents to be security conscious even as he assured that his administration has taken security precautions to secure the state. This was contained in a statement signed by the…
Beneficiaries of Ogun Govt N1bn operational grant confirm payment
By Bankole Taiwo, Abeokuta Micro and small entrepreneurs in Ogun State under the Ogun State COVID-19 Action Recovery and Economic Stimulus Programme (OG-CARES) have confirmed receipt of the payments made to them under the scheme. The Chief Economic Adviser to…
Adeleke presents Staff of Office to Osun Monarch
By Ismail Azeez, Osogbo Osun State Governor, Ademola Adeleke has presented a Staff of Office and Instrument of appointment to Oba Lawal Ogundugba Ramoni, the Alararomi of Araromi – Ijesa in Atakunmosa West LCDA of Osun State. Speaking, at the…
Contributory pension assets rise to N16.76trn
Assets under the Contributory Pension Scheme rose by about N2 trillion in the first half of 2023, according to the National Pension Commission. Figures obtained from PenCom’s unaudited report on pension funds industry portfolio for the period ended 30 June…
Exchange rate unification increases N321bn June 2023— Exchange rate unification increases N321bn June 2023— FAAC
…FAAC records revenue growth By Sodiq Adelakun In the recent communique from the Federation Account Allocation Committee, the unification of the country’s exchange rate has significantly increased the revenue from exchange difference. According to the communique, Exchange Difference revenue was…
Fidelity Bank seeks shareholders’ approval to raise capital
Fidelity Bank said it will seek the approval of its shareholders to raise additional capital via issuance of 13,200 billion ordinary shares. This was disclosed in the notice of Extraordinary General Meeting signed by the Company Secretary, Ezinwa Unuigboje and…
CBN set to hold first MPC meeting under Tinubu
…As experts call for moderation in policy decisions By Sodiq Adelakun The Central Bank of Nigeria (CBN) is set to hold its first Monetary Policy Committee (MPC) July meeting under the administration of President Bola Ahmed Tinubu on Monday and…
NSCDC arrests 12 suspected rail track vandals, impounds trucks
The Nigeria Security and Civil Defence Corps has arrested 12 individuals suspected of vandalising railway sleepers and seized two trucks carrying stolen railway sleepers. According to a statement released by the NSCDC Director of Public Relations, Commandant Olusola Odumosu, the…
Unknown gunmen invade ex-minister’s resident in Nasarawa
…Three guards injured By Sodiq Adelakun Unknown gunmen, suspected to be kidnappers, invaded the residence of a former Minister of Information, Labaran Maku, on Saturday night and left three security guards brutally injured. The suspected kidnappers, shot sporadically into the…