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Publisher/Executive Director (ED) of NewsDirect, Mathew Ibiyemi, has made a generous birthday donation to Tsion Home and School for Kids, and CharisCare International School. Ibiyemi, an indigene of Ile-Ife Osun state who turns a year older February 5 made a total donation of One million naira to the 2 schools to furnish two classrooms with ...
…as Sanwo-Olu meets former Chelsea striker, Didier Drogba …Governor receives water sport organisers, sponsors Lagos will be the host city for E1 World Championship coming up next September. Organiser of the all-electric race boat contest touched down in Lagos on Monday to take an exploratory tour of the State’s waterways infrastructure to ensure smooth hosting ...
By Ismail Azeez The Kaduna State House of Assembly committee has indicted former Governor Nasir El-Rufai for alleged misappropriation of N423 billion and misconduct in relation to his position. The committee’s report revealed several cases of corruption in the running of the state’s government, ministries, departments, and agencies from May 29, 2015, to May 29, ...
...Releases N302bn pension accrued rights in five years By Seun Ibiyemi The Minister of Finance, Wale Edun has reiterated the country’s commitment to private sector-driven growth, and reduced reliance on external debt financing during a meeting with the Executive Director of World Bank, Zainab Ahmed. Edun acknowledged the World Bank’s role in supporting Nigeria’s development ...
…As Presidency refutes comments on state of governance, opposition By Sodiq Adelakun A heated exchange erupted between former Kaduna State Governor, Mallam Nasir el-Rufai, and President Bola Tinubu’s Special Adviser on Policy, Daniel Bwala, over the current state of governance and opposition in Nigeria on Thursday. The clash on X (formerly Twitter) on Thursday follows ...
By Blessing Emmanuel In a surprising turn of events, Ezekiel ThankGod, popularly known as EeZee Tee and CEO of Ezee Tee Global, has agreed to mediation in his ongoing contract dispute with gospel singer Mercy Chinwo Blessed. This development follows a visit to Dr. Stephen Akintayo, a business mogul and mediator, who facilitated discussions to ...
Vice President Kashim Shettima on Thursday declared that Nigeria’s women will play a central role in achieving Africa’s projected $29 trillion economy by 2050. The Vice President made this assertion while declaring open the 2025 Gender Inclusion Conference and launching the Project #SheIsIncluded at the State House Banquet Hall in Abuja. In his remarks at ...
Access Bank PLC has finalised plans to host a maiden Africa Trade Conference (ATC) to address Africa’s $81bn trade financing gap. The conference in its first edition is set to take place in Cape Coast, South-Africa by March 12, 2025. The conference themed, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’ is poised to bring ...
...Ude-Okoye forced out of BoT meeting ...Don’t ride a dead horse to reach your destinations — Damagum warns party leaders ...Acting National Chair condemns internal struggles, vows NEC meeting in Feb There was a dramatic confrontation at the Peoples Democratic Party (PDP) national headquarters in Abuja yesterday over leadership tussle, as two prominent party members, ...
The Ogun State Government has released a warning against any attempt to establish a Sharia Court in the state. The state government, in a statement personally signed by the Governor, Prince Dapo Abiodun, noted that Sharia Courts cannot be legally constituted by individuals or groups without legal backing. The government was reacting to a notice ...
...Says his political desperation is responsible for PDP’s disintegration ...Slams Obi, El-Rufai for using weak excuses to justify their party failures ...I no longer recognise APC — El-Rufai By Sodiq Adelakun The All Progressives Congress (APC) has rebuked former Vice President Alhaji Atiku Abubakar over his unfounded allegations that the party is paying opposition leaders ...
The Federal Government has awarded Gas Distribution Licenses to six firms as part of efforts to deepen gas utilisation in the country. The FG through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) issued 10 licenses to the firms at an event in Abuja yesterday. The beneficiary firms are NNPC Gas Marketing Limited, Shell ...
By Seun Ibiyemi The Central Bank of Nigeria (CBN) has announced the immediate waiver of the 2025 licence renewal fee for existing Bureau De Change (BDC) operators, marking a significant move to support the sector as part of the ongoing transition to a new regulatory framework. In addition to this, the CBN officially launched the ...
...Set to roll out 100 electric buses ...Secures $1.1bn AfDB investment to electrify 5m Nigerians by 2026 ...As IFC announces $70m commitment to Nigerian renewable energy companies By Matthew Denis, Abuja As part of ongoing efforts at the ongoing Africa Energy Summit in Tanzania, Nigeria’s President, Asiwaju Bola Ahmed Tinubu has stated that the country ...
…Targets 25% reduction of port operations cost By Seun Ibiyemi The Federal Government has unveiled plans to implement the National Single Window (NSW) as part of its strategy to reduce the cost of doing business in Nigerian ports by at least 25 percent. According to the World Bank, the cost of conducting business at Nigerian ...
By Seun Ibiyemi The Central Bank of Nigeria has directed participants in the foreign exchange market to submit compliance reports on adherence to the Nigeria FX Code by January 31, 2025. The directive is part of efforts to strengthen ethical practices, governance, and transparency in the market. The Nigeria FX Code, which became effective on ...
By Jeleel Olawale and Ismail Azeez, Osogbo Osun State chapter of the All Progressives Congress (APC) has expressed indifference to the exit of the Omoluabi Progressives, a political faction loyal to former Osun State governor, Rauf Aregbesola. In a statement released on Monday in Osogbo, Osun APC spokesperson, Kola Olabisi downplayed the announcement, claiming that ...
The President of the Senate, Senator Godswill Akpabio has kicked against the elongation of the service years of national assembly bureaucrats. Speaking in Abuja yesterday during a meeting with the outgoing Chairman and members of the National Assembly Service Commission (NASC), Akpabio called on the members of the Commission to exercise the powers granted to ...
By Sodiq Adelakun Lagos State Governor, Babajide Sanwo-Olu, is set to commission four key road projects in the Ojo axis of Lagos, including the much-anticipated Old Ojo (Phase 1) Road in Oriade LCDA, Amuwo-Odofin Local Government Area. The formal handover will take place today. Alongside the Old Ojo Road, the newly reconstructed Irede, Navy Town, ...
...To harness 20 trillion cubic feet of natural gas to drive economic growth President Bola Tinubu will be performing the groundbreaking ceremony for five mini-LNG plants in Ajaokuta, Kogi State and NNPC Ltd’s Chief Corporate Communications Officer, Olufemi Soneye spoke to a select group of newsmen where he shed light on the historic milestone and ...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of President Bola Tinubu over “the arbitrary, unconstitutional, unlawful, unfair, and unreasonable 50 percent telecom tariff hike by the Nigerian Communications Commission (NCC).” Joined in the suit as Defendant is the NCC. The NCC had recently approved a 50 percent hike in ...
…Party risks further fragmentation, decline in electoral prospects — Member ...As party unity, electoral strategy top agenda for meeting The leadership crisis within the Peoples Democratic Party (PDP) has taken a more intense turn, with deepening factional divisions and ongoing legal battles now threatening the party’s National Executive Committee (NEC) meeting scheduled for February 2025. ...
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of Nigeria (CBN) and the ...
