Adeosun emerges President of stockbrokers’ institute
A core finance professional, Mr. Oluwole Adeosun is the new President and Chairman of the governing council of the Chartered Institute of Stockbrokers (CIS). Adeosun, the institute’s former 1st Vice succeeded the erstwhile President, Mr. Olatunde Amolegbe at an election held during the institute’s hybrid annual general meeting on Thursday in Lagos. Adeosun would be formerly decorated with the paraphernalia of...
Q1: Transcorp records N5.7bn profit as revenue hits N31.4bn
Transnational Corporation Plc, Transcorp Group, has recorded profit in all its major financial indices for the first quarter, which ended on March 31, 2022. Its unaudited results filed with the Nigeria Exchange Limited, showed that the conglomerate with interests in the power, hospitality, and energy sectors, recorded a profit after tax of N5.0bn rising by 147% up from N2.0bn recorded...
ACF: North not afraid of restructuring, break-up
The Arewa Consultative Forum (ACF) has said the North is not intimidated by threats of restructuring and break up of Nigeria. The ACF said the region would not submit itself to be “relegated to serfdom.” This is just as the Forum said it is not opposed to the election of any Nigerian from any part of the country as President. The ACF...
Guardiola speaks on Man City’s loss to Real Madrid
Manchester City manager, Pep Guardiola, promised on Thursday that the club would bounce back from the UEFA Champions League heartache at the Bernabeu Stadium in Madrid on Wednesday. Manchester City were within moments of booking a return to the competition’s final match on Wednesday night. They held a 1-0 lead – and a 5-3 aggregate advantage – over Real Madrid in...
Police arrest 30 in Frankfurt ahead Europa League semi-final
Police have arrested more than 30 football fans before the Eintracht Frankfurt versus West Ham Europa League semi-final second leg match, the local authorities said on Thursday. They also reported that at least three people have been injured. A city centre pub was damaged by fans wielding baseball bats, while a worker was injured. Already, clashes between supporters in the Frankfurt district...
2023: After Bakare, another pastor picks N100m APC presidential forms
A United States-based Nigerian pastor, Nicholas Felix Nwagbo, has obtained the Expression of Interest and Nomination Forms of the All Progressives Congress (APC) to contest the 2023 presidential election. Nwagbo, who is the Founder of Miracle Church International, paid N100 million to obtain the presidential nomination forms of the APC. Pastor Nwagbo has the headquarters of his church in New York,...
2023: Kinsmen donate N30m to Ngige for APC nomination forms
The people of Alor community in the Idemili South Local Government Area of Anambra State have donated N30 million to the Minister of Labour and Employment, Sen. Chris Ngige, to obtain the Expression of Interest and Nomination Forms of the All Progressives Congress (APC). The APC had announced to sell its presidential nomination forms for N100 million. Handing over the document,...
Perm Sec jailed 12 years for fraud, forfeits N97.3m to FG
A Federal High Court in Lagos has sentenced a former Permanent Secretary in the Ministry of Labour and Productivity, Dr. Clement Illoh, to 12 years imprisonment over failure to make full disclosure of his assets. Justice Babs Kuewunmi handed down the verdict on Thursday after Illoh owned up to committing the alleged offence. The admittance is coming four years after the...
FG, Access Bank roll out FarmerMoni for poor farmers
Access Bank Plc. has partnered the Ministry of Humanitarian Affairs, Disaster Management and Social Development to roll out a loan scheme -FarmerMoni - for poor farmers aged 18 years to 55 years and other vulnerable groups. The bank’s Group Head, Emerging Businesses, Mr. Ayodele Olojede, said this in a statement on Thursday in Lagos. Olojede said the initiative tagged the Government...
INEC warns political parties: Deadline for primaries remains sacrosanct
The Independent National Electoral Commission (INEC) says it will not extend the deadline issued to political parties to conduct their primaries ahead of the 2023 general election. The commission made this known via a statement issued and made available to The Star on Thursday by INEC National Commissioner and Chairman Information and Voter Education Committee, Festus Okoye. The statement was titled,...
