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The Independent National Electoral Commission (INEC) has asked four of its Directors to proceed on with retirement in accordance with the circular on the eight-year tenure policy for directors in the public service. The National Commissioner and Chairman Information and Voter Education Committee of the Commission, Sam Olumekun, disclosed this in a statement on Wednesday, […]

The Sultan of Sokoto, Sa’ad Abubakar III, has condemned the Christmas Eve killings in 20 communities in Mangu, Bokkos, Mangu and Barkin Ladi Local Government Areas of Plateau State. He faulted security agencies for their failure in intelligence gathering in which they could not avert the heinous crime leading to the death of over 100 […]

The Federal Competition and Consumer Protection Commission has fined British American Tobacco and its affiliate companies $110m. This is for the infringements of the Federal Competition and Consumer Protection Act, National Tobacco Control Act, and sundry legal instruments, the commission disclosed on Wednesday in a release on its X page. It stated that it began […]

A former Nigerian Bar Association (NBA) President, Olumide Akpata, has expressed profound grief over the demise of former Ondo State Governor, Arakunrin Oluwarotimi Akeredolu SAN. In a tribute personally signed by him, Akpata described the late Akeredolu as a “distinguished predecessor, giant of the legal profession and unwavering beacon of justice.” He noted that despite […]

*Says Aketi Left Indelible Footprints As Gov, SAN The President of the Nigerian Bar Association (NBA), Yakubu Maikyau (SAN), has described the late governor of Ondo State, Rotimi Akeredolu (SAN), as “a true Bar man who firmly believed in the ability of the legal profession to make a difference in our society.” In a statement […]

*Vows to Complete Predecessor’s Projects ACTING governor of Ondo state, Lucky Aiyedatiwa, has been sworn in as governor following the death of his principal, Rotimi Akeredolu, who died in the early hours of Wednesday, December 27. The ceremony was presided over by the state chief judge, Olusegun Odusola, who administered the oath of office on […]

Farming communities and herders are trading blame over the attacks in Bokkos and Barkin Ladi local government areas of Plateau State. Over 150 people have been confirmed dead so far, with dozens of houses, vehicles and other equipment destroyed. Leaders in farming communities are accusing herders of launching the attacks, but the herders also said […]

Israeli Prime Minister Makes 3 Requests for Peace Israeli Prime Minister Benjamin Netanyahu wrote an op-ed Monday outlining three prerequisites for peace in the region: the destruction of Hamas, the demilitarization of Gaza and the beginning of a deradicalization process of Palestinian society. In an op-ed in The Wall Street Journal, Netanyahu said once those […]

FCCPC Moves to Tackle Escalating Loan Apps Borrowings Abuse Loan Apps: The Federal Competition and Consumer Protection Commission (FCCPC) has announced plans to formulate a comprehensive regulatory framework to tackle the issue of Nigerians’ increasing indebtedness to digital money lenders (DMLs), commonly referred to as loan apps. The Chief Executive Officer of the Commission, Mr […]

Ethiopia Defaults on Bond Coupon Payment Ethiopia has become the latest African country that default after it failed to make a 33-million-dollar “coupon” payment on its only international government bond. The government announced earlier this month that it intended to formally go into default, having been under severe financial strain in the wake of the […]

Geregu Hits N997.5bn as Otedola Raises Stake Geregu Power Plc has inched near N1 trillion in market valuation but momentum appears to have slowed down from the energy generation company. In the last seven trading sessions, the company share price has remained at N399 even when there were four days of upswings in the local […]

UBA Topples FBNH in Market Value Ranking The market value of United Bank for Africa (UBA) Plc has accelerated above FBN Holding (FBNH) after a stable, steady and solid rally following the Pan African lender’s earnings release in the third quarter of the year. Sold at N25.6 against FBNH share which closed at N24, UBA […]