admin

The controversy surrounding the appointment of Augustine Oyarekhua Alegeh, SAN, as the Chairman of the Appointments Committee at the Body of Benchers has taken a new turn. In a detailed response to the current Chairman, Chief Adegboyega Awomolo, SAN, the Secretary of the Body of Benchers, Daniel M. Tela, Esq., has defended Alegeh’s appointment, revealing […]

A former member of the Nigerian Bar Association’s National Executive Committee (NEC), Silas Joseph Onu, has expressed grave concerns about the security of votes in the upcoming 2024 National Officers’ Election. In a statement released on his X handle today, Onu commended the Electoral Committee of the Nigerian Bar Association (ECNBA) for initiating a voter […]

Premium Trust Bank Posts N9.33bn as Profit in 18-Month Premium Trust Bank Limited posted N9.334 billion as profit, according to its summary financial information for 18 months audited by Deloitte & Touche Chartered Accountants. In the period, Premium Trust Bank generated N24.833 billion as net interest income. Its net fees and commission income for 18 […]

Cryptos Market Cap Dips 3.66% to $2.54T as Bitcoin Falls The global crypto market cap slid by 3.66% to $2.54 trillion as bitcoin price fell below $70,000. According to data from Coinmarketcap.com, the total crypto market volume over the last 24 hours reached $91.6 billion, which represents a 12.53% increase over the day.  Meanwhile, the […]Read More

Ecobank Launches 2024 Fintech Challenge with US$50,000 Prize Ecobank Group has officially opens call for applications to the 7th edition of its Fintech Challenge, the Pan African lender said in a statement. It added that the annual competition invites early-stage and mature fintech Startups to partner with Ecobank, offering a grand prize of US$50,000 and […]

N180bn Electricity Debt: EEDC to Disconnect Government Houses, CBN, Others The Enugu Electricity Distribution Company (EEDC) has threatened to begin to disconnect government houses, Central Bank of Nigeria (CBN) offices, the Nigerian Army, and others in the south-east allegedly owing the company. The company issued the threat in a statement signed by its Head of […]

2026 WC qualifier: South Africa Hold Super Eagles to 1-1draw in Uyo The Super Eagles of Nigeria were held to a 1-1 draw by Bafana Bafana of South Africa in their 2026 FIFA World Cup qualifiers matchday three at the Godswill Akpabio Stadium in Uyo on Friday. The News Agency reports that the Super Eagles […]

Naira Trades in Red Ahead of World Bank Disbursement The naira ended the week in red against the dominant US dollar in the foreign exchange market as demand and supply continues to test effectiveness of Nigeria’s willing buyer, willing seller FX policy. In the foreign exchange market, the Naira depreciated against the US dollar by […]

FG Offers N62,000 or $42 as New National Minimum Wage The Federal Government said it has offered organised labour N62, 000 which is equivalent to 42 US dollar at N1476 exchange rate as the new national minimum wage for workers in the country. Gov. Hope Uzodimma of Imo state said this while addressing journalists at […]

MultiChoice to Appeal Tribunal’s N150m Fine, Free Subscription MultiChoice Nigeria says it will appeal Friday’s ruling of the Competition and Consumer Protection Tribunal in Abuja, which awarded a N150 million fine against it for challenging the court’s jurisdiction. The tribunal had fined MultiChoice Nigeria the sum of N150 million for disobeying its order. The order […]

President Bola Ahmed Tinubu has declared that the last one year has been a challenging time for the country. The President said he has been working, retooling and rejigging the financial system to bring prosperity and relief to Nigerians. President Tinubu who made the remarks at the inauguration of engineering infrastructure in Guzape District Lot […]

The National Identity Management Commission (NIMC) has announced that all Licensed Verification Agents, Front End Partners, (FEPs) and Diaspora Front End Partners (D-FEPs) are to undergo rigorous security vetting to ensure global best practices in identity management and registration. NIMC also said it has temporarily suspended bypass enrollment (amputees enrollment) to prevent abuse of the […]