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President Tinubu Suspends Godwin Emefiele President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor from office with immediate effect, the Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey said in a Friday statement. In a statement, Federal Government said the decision is […]

Tinubu Names Folashodun Adebisi Shonubi Acting CBN Governor Folashodun Adebisi Shonubi has been named the acting Governor of the Central Bank of Nigeria (CBN) following Godwin Emefiele’s suspension by President Bola Tinubu. Until his appointment, he was the Deputy Governor, Operations Directorate. Bayo Onanuga, a media aide to Tinubu disclosed this in a post via […]

Access Bank Share of Nigerian Banking Assets Falls to 16% Growing strongly by acquisition, Access Bank, Nigeria’s largest lender, accounted for 16% of banking system assets at the end of the financial year 2022, Fitch Ratings said in its latest port on Tier-banks. Last year, the bank was reported to oversee 19% of the banking […]

GCR Assigns First-time Issuer Ratings to Hyde Energy Limited GCR Ratings has assigned national-scale long-term and short-term issuer ratings of BB+(NG) and B(NG) respectively to Hyde Energy Limited, a company involves in the bulk trading of refined petroleum products and gas, with the outlook accorded as stable. According to the rating agency, the initial ratings […]

Stocks with Unusual Transactions Volume ‘Benjamin’ came to the market yesterday as Etransact International, Secure Electronic Technology Plc, and some listed companies recorded an out-of-ordinary trading volume that pushed their respective stock market prices to the rooftop. The volume of shares transacted could provide insight into a particular development on a ticker, signaling potential upside […]

*Faces Investigation Less than two weeks after assuming office as President and Commander-in-Chief of the Armed Forces, President Bola Ahmed Tinubu has suspended the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, from office with immediate effect. The suspension, according to a statement issued and signed by the Director of Information in the Office of […]

President Bola Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN). The Office of the Secretary to the Government of the Federation announced his suspension. Director of Information, SGF office, Willie Bassey, in a statement on Friday, said the suspension is with immediate effect. The suspended Emefiele was directed […]

*Asks Supreme Court, NJC To Sanction Erring Judges The Nigeria Labour Congress (NLC) has said it would no longer respect what it described as “frivolous injunctions” issued by judges allegedly carrying out the biddings of the executive. Raising concerns over the frequency of such injunctions which have restrained the Congress from freely protesting unfavourable policies […]

Former Governor Abdullahi Ganduje has said he could have slapped his predecessor, Engr. Rabiu Musa Kwankwaso, if he met him at the Presidential Villa in Abuja. Recall how Kwankwaso met with President Bola Tinubu at Aso Rock on Friday. While briefing State House reporters after a meeting with Tinubu on the security situation in Kano […]

The Zamfara State Government has broken its silence on the raid on residence of ex-Governor Bello Matawalle. Recall how policemen stormed the Gusau residence of the former governor on Friday morning. But hours after the raid, the All Progressives Congress (APC) in Zamfara said operatives of the Department of State Services (DSS) and police raided […]

The applicants and their lawyer, Stanley Agumaeme, in a suit seeking an extension of ex-President Muhammadu Buhari’s tenure pending the determination of the petitions before the Presidential Election Petition Court (PEPC) have abandoned the case. Justice Inyang Ekwo made this known on Friday in a ruling on the suit marked: FHC/ABJ/CS/656/23 filed by Justice Initiative […]Read More

The Presidential Election Petition Court, PEPC, sitting in Abuja, on Friday, gave the candidate of Labour Party, LP, Mr. Peter Obi, the nod to tender two videos clips in evidence to support the case he filed to challenge the outcome of the 2023 presidential election. Obi, who is insisting that he won the presidential contest […]