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Fitch Affirms Stanbic IBTC Holdings Topnotch Ratings Ratings agency Fitch affirms Stanbic IBTC Holdings’ top-notch ratings with an outlook accorded as stable, citing solid capital adequacy ratio, profitability, and sound asset quality. Despite the tough economic environment, the bank was able to boost its profitability performance without losing sight of asset quality with a record […]

Inflation Rate Eases in Rwanda on Softer Food Prices Headline inflation pressure eased in Rwanda for the second straight month to 22.4% in May 2023 from 28.4% in the previous month, according to statistics office data. It was the lowest inflation rate since last August, with the food prices rising the least in nine months […]

Micro Pension: 97,591 Participants Contribute N436m in May The National Pension Commission (PenCom) says the Micro Pension Plan (MPP) contributions as of May stood at N435.61 million from 97,591 participants registered. Mr Dauda Ahmed, Head, Micro Pension Department, PenCom, revealed this on the sidelines of the maiden Micro Pension Open Day, organised by the Pension […]

Operatives of the Zone 2 Police Command, Onika, Lagos state, has arrested a fake official of the Nigerian Customs Service, who had reportedly been going about duping members of the public. According to the spokesperson of the police in the zone, Hauwa Idris Adamu, the arrest of the suspect, Rukiya Musa, followed a petition from […]

The National Population Commission (NPC) in Anambra State has expressed its preparedness to deliver credible, reliable and acceptable 2023 Population and Housing Census despite its postponement by the federal government. Federal Commissioner representing the state in the Commission, Chidi Ezeoke gave the assurance during a one day breakfast meeting with media executives in line with […]

The policeman who allegedly assaulted a female doctor at Ogwashi Uku general hospital in Aniocha South Council Area of Delta State has been arrested. The policeman (name withheld) was nabbed last week Thursday and according to the State Police Public Relations Officer, DSP Bright Edafe, the suspect is expected to appear in an orderly room […]

The legal battle between National Open University of Nigeria, NOUN, and its former accountant, Mrs. Roseline Ubochi, accused of cheating during staff promotion examination will come on June 20 and 21, for hearing, before a National Industrial Court sitting in Abuja. Ubochi, a former Chief Accountant of NOUN had through her lawyer, Landan Babakodong, in […]

The former justice minister of Alberta and Canadian attorney Kelechi (Kycee) Madu has been invited to the Alberta inner bar. The following is Mr. Madu’s statement announcing his promotion: The pinnacle of my legal career, which spanned Nigeria and Canada, was yesterday, June 2, 2023. For those attorneys appointed as King’s Counsel (often referred to […]

The Department of State Services has confiscated the passport of the suspended Central Bank Governor, Godwin Emefiele, The PUNCH reports. The service, it was also learnt, may search Emefiele’s home and office this week. Following his suspension on Friday as a result of the ongoing investigation of his office and the planned reforms in the […]

*Says Emefiele’s Suspension Expected, He Lacked Professionalism A senior lawyer and human rights activist, Mr Clement Nwankwo says the suspension of the Governor of the Central Bank of Nigeria, Godwin Emefiele is expected owing to the unprofessional manner he ran the apex bank. “Emefiele’s suspension was certainly not unexpected. As a lawyer, I am very […]

Vice President Kashim Shettima has said it will be improper for a Northern Muslim to be elected Senate President. During an interactive session with senators in Abuja, Shettima said he is ready to kneel down to beg the incoming senators to elect Godswill Akpabio (APC-Akwa-Ibom) and Sen. Barau Jibrin (APC-Kano) to lead the 10th Senate. […]

The lifeless body of a female Nigerian Air Force personnel identified simply as George was found dangling from the roof of her apartment at the Sam Ethan Air Force Base, Nigerian Air Force Logistics Command in Lagos. However, details of the circumstances surrounding the incident were still sketchy as at 9.25 pm, today, May 11, […]