Chief Ayo Adebanjo, the Leader of pan-Yoruba socio-cultural group, Afenifere, has challenged former Governor of Lagos State, Asiwaju Bola Tinubu, to explain the source of wealth which he used to acquire several assets in Lagos. “Asiwaju Bola Tinubu, the great...
Billionaire businessman, Femi Otedola, has continued to aggressively purchase the shares of First Bank of Nigeria (FBN) in his bid to consolidate his shareholding status in the bank. The Star reports that just in three days last week, Otedola spent...
The Debt Management Office (DMO) has offered for subscription N250 billion road Sukuk instrument for N1,000 per unit. The instrument was issued by “FGN Roads Sukuk Companies 1 Plc.” on behalf of the Federal Government. The offer is N1,000 per unit...
Nigeria on Wednesday recorded 1,424 new COVID-19 infections in 14 states of the Federal Capital Territory (FCT). The Nigeria Centre for Disease Control (NCDC) made this known on its Website on Thursday morning. The NCDC said with the 1,424 new infections, Nigeria now...
The Federal Executive Council (FEC) has approved $1.9 billion for the procurement of equipment for the nation’s power sector to boost power supply across the country, through the Presidential Power Initiative. Minister of Finance, Budget and National Planning, Zainab Ahmed...
World Health Organisation (WHO) has warned that Omicron variant is spreading faster than other variants as it is now present in 77 countries. WHO Director-General, Tedros Adhanom Ghebreyesus, said at a news briefing at WHO headquarters in Geneva that it...
The British Parliament will become a “hotbed of infection” unless significant steps are taken to stop the spread of coronavirus, a union has warned. Eight lawmakers have tested positive for Coronavirus in the last 24 hours. Garry Graham, Deputy General Secretary...
The Court of Appeal, Abuja Division has okayed the final forfeiture of the sums of $500,000 and N500 million allegedly looted from the Zamfara State’s share of the Paris Club refunds made by the Federal Government to the 36...
The bankers committee will, in 2022, be focusing on supporting the Central Bank and the government in developing the infrastructure of the country, according to the Governor of the apex bank, Mr. Godwin Emefiele. Emefiele told journalists at the end of the...
Over 1,000 victims of hard drugs are currently in psychiatric centres in Benin City, Edo State. There are over 300 patients at Uselu Psychiatric Hospital and another 700 at Urora. Group Leader of On Air Presenters (OAPs), Mr. Abraham Ogiemwanye, made the...