Guaranty Trust Bank Ltd (GTB) has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023. This marks a record 12th time that GTB has been recognised as the leading financial institution in Nigeria. Announcing the award,…
Experts have begun to lament as inflation rate in Africa’s biggest economy rises to a new 17-year high of 22.79 per cent in June 2023 from 22.41 per cent in the previous month. The NBS report read, “In June 2023,…
Nigeria’s oil production fell 5.5% month-on-month from 1.184 million barrels per day in May to 1.249 million barrels per day in June 2023. Also, on year-on-year, YoY, the nation’s oil output dropped by 17.6 per cent to 1.249 mb/d in…
The daily petrol consumption in Nigeria has experienced a decline by 35 per cent since the removal of subsidy. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive, NMDPRA, Mr Ahmed Farouk said the country’s petrol daily consumption figure stands…
Houston, Texas, USA has expressed readiness to invest in the Nigeria’s energy, agriculture, technology and oil and gas sectors. The Mayor of Houston, Texas, Mr Sylvester Turner, disclosed this on Tuesday in Abuja at a meeting with the Permanent Secretary,…
A Nigerian lady identified as Emmanuella Shyllon, has been declared wanted by the Nigeria Police Force for declaring herself as a lesbian. The indigene of Ogun State, South West Nigeria is facing stiff opposition after she announced on the social…
The Nigeria Security and Civil Defence Corps, NSCDC, Ondo State Command, yesterday arrested a 43-year-old pastor, identified to Adebolu Olulusi for alleged fraud. The arrest was made following allegations that the pastor defrauded one Taiwo Opesanmi of N1.2 million. Between…
A 44-year-old man, Ejowor Augustine Golah, has put the blame of his murdering his wife with a machete on his mother, saying that she was the one manipulating him physically and spiritually. Golah was recently paraded with other suspects at…
There is great contention and eyebrows raised concerning the whopping sum of N110 billion carved out by Mr. President, Bola Ahmed Tinubu to members of the 10th National Assembly to purchase bulletproof vehicles, palliatives among other logistics needs. Few days…
Italian champions, Napoli, have offered Victor Osimhen a new two-year contract extension with a salary worth N6.5bn — €6.5m plus €1m in bonuses. Osimhen, who has two years left on his contract at Napoli, had demanded a salary of €7m annually to extend his…
