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Damilare Adeleye

271 stories

  1. News

    Alleged coup plot: FG arraigns Sylva, 6 others on Wednesday

    The Federal Government will on Wednesday, April 22, 2026 arraign former Minister of State for Petroleum Resources, Timipre Sylva alongside five others over an alleged plot to commit acts of terrorism and treason against the Nigerian state. In the suit filed before Justice Joyce Abdulmalik of the Federal High Court in Abuja, the defendants include ...

  2. Capital Market

    Ex-First Lady resigns from Meyer Plc board

    Meyer Plc has announced the resignation of former First Lady of Ekiti State, Erelu Angela Adebayo, as a Non-Executive Director of the company. In a notice dated April 20 and posted on Nigerian Exchange Limited website, the paints and coatings manufacturer disclosed that the resignation takes effect from April 17, 2026. The company’s board acknowledged ...

  3. News

    Pres. Tinubu sacks Wale Edun, appoints Oyedele

    President Bola Tinubu has relieved Wale Edun of his appointment as the Minister of Finance and Coordinating Minister for the Economy, naming Taiwo Oyedele as his replacement. This was just as the president sacked Arc. Ahmed Musa Dangiwa, as the minister of Housing and Urban Development Ministry, with Mr. Muttaqha Rabe Darma, appointed the new ...

  4. News

    Ex-first lady of Ekiti resigns from Meyer plc

    Meyer Plc has announced the resignation of former First Lady of Ekiti State, Erelu Angela Adebayo, as a Non-Executive Director of the company. In a notice dated April 20 and posted on the Nigerian Exchange Limited website, the paints and coatings manufacturer disclosed that the resignation takes effect from April 17, 2026. The company’s board ...

  5. Crime

    FG files charges against ex-minister, others over alleged coup plot

    The Federal Government has filed a 13-count charge against six individuals over an alleged plot to commit acts of terrorism against Nigeria. In the suit filed before Justice Joyce Abdulmalik of the Federal High Court in Abuja, the defendants include retired Major General Mohammed Gana, retired Naval Captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru, ...

  6. Energy

    Seplat Energy to hold AGM May 20, ratify Elumelu as Board Director

    Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting (AGM) virtually on Wednesday, May 20, 2026. During the meeting, shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the Chairman of Heirs Holdings, Tony Elumelu, as a non-executive director. This was disclosed ...

  7. News

    APC pegs presidential form at N100m

    The All Progressives Congress (APC) has released its timetable for the 2027 general elections, setting its presidential nomination form at the sum of N100 million. According to a notice signed by the party’s National Organising Secretary, Sulaiman Argungu, the fee comprises N30m for the expression of interest form and N70m for the nomination form. The ...

  8. Business

    CBN, NCC sign agreement to combat fraud

    The Central Bank of Nigeria and the Nigerian Communications Commission have signed a Memorandum of Understanding (MoU) aimed at strengthening consumer protection and tackling fraud linked to mobile phone usage within Nigeria’s digital ecosystem. The agreement, signed on Monday, April 20, establishes a formal framework for collaboration between both regulators, focusing on payment system integrity, ...

  9. security

    Tinubu approves new police academy campus

    President Bola Tinubu has approved the establishment of a new campus of the Nigeria Police Academy in Erinja, Yewa South Local Government Area of Ogun State, the hometown of former Inspector-General, Kayode Egbetokun. This was just as the president okayed a special take-off grant of N15 billion to fund the facility’s development. This was disclosed ...

  10. Business

    Seplat energy holds AGM on may 20

    Seplat Energy Plc has announced plans to hold its 13th Annual General Meeting virtually on Wednesday, May 20, 2026. This was just as shareholders are expected to consider a final dividend for the 2025 financial year and ratify the appointment of the chairman of Heirs Holdings, Tony Elumelu, as non-executive director. This was disclosed in ...

  11. News

    Dangote sugar to raise N500bn

    Dangote Sugar Refinery Plc has secured shareholders’ approval to raise up to N500 billion through a rights issue and convert outstanding shareholder loans into equity. These were part of resolutions passed at its 20th Annual General Meeting held on Wednesday, April 15 in Lekki Phase I, Lagos State. According to resolutions signed by the Company ...

  12. Business

    Our reforms saved Nigeria from severe hardship, says CBN

    The Governor of Central Bank of Nigeria, Olayemi Cardoso, has stated that the reforms implemented by the apex bank helped ameliorate the impact of global economic shocks on Nigerians. This was just as he asserted that if the reforms were not implemented, the country could have been facing more severe hardship. Cardoso spoke while responding ...

  13. News

    Gov.Otti repays N141bn out of inherited N191bn debt

    The Abia State Government under the leadership of Dr Alex Otti has announced that it slashed its inherited debt from N191bn to approximately N48bn in just under three years of Governor Alex Otti’s administration. The General Manager of the Abia State Debt Management Office, Dr. Benson Nwaigburu, disclosed this development, describing it as a significant ...

  14. Business

    First HoldCo board to meet april 29 to review Q1 results

    First HoldCo Plc has announced plans to hold a meeting of its Board of Directors on April 29, 2026, to consider its unaudited financial statements for the first quarter ended March 31, 2026. In a notice posted on the Nigerian Exchange Limited, the Group Company Secretary, Abiola Baruwa, said the board session will focus on ...

  15. Education

    JAMB releases Friday, Saturday UTME results

    The Joint Admissions and Matriculation Board (JAMB) has released the results of candidates who took the 2026 Unified Tertiary Matriculation Examination (UTME) on Friday, April 17 and Saturday, April 18. In a statement issued on Sunday and signed by its spokesperson, Fabian Benjamin, the board disclosed that a total of 1,264,940 results from the two ...

  16. Business

    FG faults Peter Obi’s revenue claims

    The federal government has dismissed claims that a significant portion of Nigeria’s federation revenue is being diverted or concealed, describing such interpretations of the World Bank’s latest Nigeria Development Update as misleading and inaccurate. In a statement issued on Saturday via his X account, former presidential candidate of Labour Party, Peter Obi, had raised concerns ...

  17. Education

    NUC fully accredits UNIBEN programmes

    The University of Benin (UNIBEN) has secured full accreditation of the National Universities Commission (NUC) for all its academic programmes. This was disclosed in a statement issued on Sunday by the school’s public relations officer, Dr Benedicta Ehanire. She noted that the development marked a significant milestone for the institution following a comprehensive accreditation exercise ...

  18. Politics

    Gov. Otti repays ₦142bn inherited debt

    The Abia State Government has announced a major fiscal milestone, revealing it has slashed its inherited debt from ₦191 billion to approximately ₦48.4 billion in under three years of Governor Alex Otti’s administration. Dr. Benson Nwaigburu, the General Manager of the Abia State Debt Management Office, disclosed that the state has successfully repaid over ₦142 ...

  19. Education

    JAMB releases UTME results

    The Joint Admissions and Matriculation Board (JAMB) has released the results of candidates who took the 2026 Unified Tertiary Matriculation Examination (UTME) on Friday, April 17 and Saturday, April 18. In a statement issued on Sunday and signed by its spokesperson, Fabian Benjamin, the board disclosed that a total of 1,264,940 results from the two ...

  20. News

    Truck kills three in Ogun expressway crash

    A truck has claimed the lives of three persons after ramming into a minibus along the Daywaterman axis of the Abeokuta-Sagamu Expressway, Ogun State. The three victims, whose identities were yet-to-be ascertained, included a minor and two adults. Head of Media and Publicity of the Ogun State Traffic Compliance and Enforcement Agency, Babatunde Akinbiyi, confirmed ...