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Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118 percent from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging macroeconomic environment. According to ...
...Review price of PMS By Seun Ibiyemi Petroleum Marketers Association of Nigeria (IPMAN) has charged Alhaji Aliko Dangote to review the price of his Premium Motor Spirit (PMS) popularly called petrol as it could be the reason marketers are avoiding it. Recall that the billionaire industrialist after a meeting with President Bola Tinubu in Abuja ...
The Transmission Company of Nigeria (TCN) has restored electricity supply to seven northern states affected by the recent transmission lines vandalization. Recall that President Tinubu after summoning the Minister of Power, Oloye Adebayo Adelabu and the National Security Adviser, Mallam Nuhu Ribadu had ordered for swift actions to be taken to remedy the situation. In ...
President Bola Tinubu has appointed Major General Olufemi Oluyede as the Acting Chief of Army Staff. This was announced in a statement released on Wednesday by presidential spokesman Bayo Onanuga. Onanuga explained that Oluyede would assume the role pending the return of Lt. General Taoreed Abiodun Lagbaja, who is currently abroad for medical treatment. The ...
…As total ministerial count hits 48 By Babatunde Opoola, Abuja In a move toward reshaping his cabinet, the Senate has officially approved the seven ministerial nominees submitted by President Bola Tinubu. The confirmation, announced by Senate President Godswill Akpabio, follows a comprehensive screening process that addressed the nominees’ plans for their respective ministries. This development ...
By Ismail Azeez, Osogbo The All Progressives Congress (APC), Osun State has suspended the former Governor, Rauf Aregbesola over alleged anti-party activities in the state. The suspension, in a letter dated 22nd of October, 2024 addressed to APC National Chairman, Abdullah Ganduje and National Secretary Ajibola Basiru was made available to journalists on Tuesday. The ...
...As lawmakers applaud Governor for not borrowing Ekiti State Governor, Mr Biodun Oyebanji has presented a budget estimate of N375,790,077,618.15 for the 2025 fiscal year to the Ekiti State assembly. Presenting the Appropriation Bill before members of the Ekiti State House of Assembly at the Assembly Complex, Ado- Ekiti, Oyebanji explained that the budget estimate ...
Vice President Kashim Shettima has preached the importance of unity with media houses in the country for national development. The Vice President spoke yesterday when he received the leadership of the Nigerian Guild of Editors (NGE) on a courtesy visit to the Presidential Villa, Abuja. In his remarks, the VP described media stakeholders as the ...
The National Agency for Science and Engineering Infrastructure (NASENI) has unveiled made-in-Nigeria laptops and tablets for use by Nigerians. The gadgets were manufactured in partnership with Imose Technologies Ltd, an indigenous Nigerian company. The 14-inch laptops and 10.5-inch tablets are manufactured under the NASENI brand name. This move aligns with the agency’s mission to drive ...
...Says Refinery has capacity to end queues if marketers come to lift products ...As FG partners Afreximbank for naira-crude transactions The President of Dangote Group, Aliko Dangote, has urged Nigerians not to blame him for the lingering fuel supply crisis in the country. Addressing Journalists after meeting with President Bola Tinubu and the Implementation Committee ...
...Says advisories, policy recommendations responsible for economic woes The Nigeria Labour Congress (NLC) has blamed the International Monetary Fund (IMF) and the World Bank alleging its influence on the Federal Government’s removal of petrol subsidy The NLC in a statement yesterday by its President, Joel Ajaero, urged the World Bank and IMF to “remove their ...
...Say despite multiple notices, FG’s sincerity is in doubt By Sodiq Adelakun Anxiety grips universities across Nigeria as members of the National Association of Academic Technologists (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) commence a nationwide strike today, following four months of withheld salaries. The industrial action threatens to disrupt academic activities ...
...Says INEC disregard for court, a threat to Nigeria’s democracy By Sodiq Adelakun The Socio-Economic Rights and Accountability Project (SERAP) has filed a contempt lawsuit against the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, for failing to investigate alleged electoral offences from the 2023 general elections. This legal action comes in ...
The Nigerians in Diaspora Commission (NiDCOM) has rescued 17 Nigerian girls trafficked to Ghana. This is as the agency also facilitated the arrest of five traffickers. The latest efforts by NiDCOM brings the total number of girls repatriated to 130 girls from Ghana alone since July 2024. The latest efforts were successful due to collaborative ...
As part of its ‘75 Years, 75 Winners’ celebration, Africa’s Global Bank, United Bank for Africa (UBA), has once again demonstrated its unflinching commitment to loyal customers by rewarding 110 of them with N42.8m in its October Legacy Promo Draw a move also targeted at helping customers thrive at a challenging economic time. The winners ...
...Becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in Compressed Natural Gas (CNG) technology and infrastructure. President Tinubu, whose ...
By Esther Agbo To enhance operational efficiency, FirstBank has announced plans to migrate its procurement and financial systems to a cloud-based platform. The migration, set to commence on Saturday, October 26, 2024, is expected to cause temporary service interruptions. However, this transition is part of a broader trend among Nigerian banks as they upgrade their ...
The Central Bank of Nigeria (CBN) has stated that the old N200, N500, and N1,000 banknotes will cease to be legal tender by December 31, 2024. In a statement by Mrs. Sidi Ali, the Acting Director of Corporate Communications, the CBN refuted these claims, stating they are false and intended to disrupt the country’s payment ...
...Gives nod to attachment of five security personnel to each minister ...Directs NSA to coordinate immediate reduction of ministers’ vehicles, security personnel In a move to reduce the cost of governance, President Bola Tinubu has ordered a drastic reduction in the number of vehicles in ministerial convoys and the number of security personnel attached to ...
By Umar Akilu Majeri, Dutse The Speaker of the National Assembly, Hon. Tajudeen Abbas, has presented a donation of N100,000,000 (one hundred million naira) to the Jigawa State Government on behalf of the National Assembly members. This visit aims to express condolences to the Jigawa State Government and the community of Majiya following the recent ...
President Bola Tinubu has reassured the public that past mistakes, such as neglecting livestock farming and relying on dairy imports, will be avoided. He pledged a robust framework to stimulate prosperity in the sector, instilling confidence in his commitment. The President, who opened a two-day Consultative Workshop on Livestock Reforms on Thursday at the State ...
…FEC scraps Niger Delta, Sports ministries, establishes regional development …No basis for scrapping — Clark rejects dissolution of N’Delta Affairs Ministry By Sodiq Adelakun In a stunning surprise, President Tinubu has shaken up his cabinet, bidding farewell to five ministers, and welcoming seven new faces to the team. Among those dismissed are Uju-Ken Ohanenye, who ...
By Ismail Azeez, Osogbo Former Osun Commissioner for Work, Engr. Remi Omowaiye has hit back at Governor Ademola Adeleke-led administration to provide a technical report that faulted the Olaiya flyover to the public domain, challenging him not to play politics with the state resources. Olaiya Flyover was constructed by the Adegboyega Oyetola-led administration in 2022. ...
