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FOUR days into the unveiling of 28 Ministerial Nominees to the Senate by President Bola Tinubu, strong indications have emerged that issues and allegations are being raised against some of the nominees ahead of commencement of screening by the Senators. One of such nominees is the one from Delta State, Stella Okotete who is currently […]

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An ex-banker, Uchenna Emmanuel, has explained how he used a bank customer’s ATM card to withdraw cash five times – in error. The suspect was paraded by Ondo State Police Command in Akure, the state capital. Meanwhile, the Police Command also paraded an Okada man who, in connivance with others, robbed a businesswoman he had […]

*Restates A Lawyer’s Timeless Duty To The Cause Of Justice A Court of Appeal ruling in Jos chastised an appellant’s lawyer for what it termed as an attempt to “mislead” the Courts by relying on conflicting decisions, noting that the decision cited “rather damns his contention.” In an appeal case before the Court of Appeal, […]

PIA: Shell Unveils 3 Communities Devt. Trusts in Delta The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV), has unveiled three Host Communities Development Trusts (HCDTs) in Delta in line with the Petroleum Industry Act (PIA). Mr Osagie Okunbor, the Managing Director of SPDC Nigeria Ltd. and Chairman, of Shell Companies in […]

LASACO Assurance Declares N13.9bn Dividend for 2022 LASACO Assurance Plc has declared N13.9 billion as a dividend for the year 2022 for its shareholders with the aim to diversify in the subsequent years for more profit. Mrs Olateju Philips, the Chairman of LASACO gave the disclosure on Thursday at the company’s annual general meeting in […]

CAC to Strike off 100,000 Companies for Failure to File Annual Returns The Corporate Affairs Commission (CAC) says it will strike off one hundred thousand companies that have failed to file annual returns in the last ten years. The Registrar-General of the CAC, Alhaji Garba Abubakar, in a statement, said this while speaking at a […]

Nigeria’s Bonds Benchmark Yield Rises to 13.1% The average benchmark yield on Nigerian government bonds rose Thursday as a result of selloffs that pushed prices downward. This is coming amidst higher rate demand on government new issuance by market participants as inflation continues to rise. In June, Nigeria’s headline inflation accelerated to 22.79%, spooked by […]

Naira Falls to N768.60 as FX Convergence Widens With a seesaw exchange rate movement, the Nigerian naira lost the fight against the dominant foreign currency, the US dollar, at the investors’ and exporters’ FX window, FX market data showed a 3.7% daily decline. The exchange rate worsened amidst a shortage of FX supply across FX […]

Wema Bank Grows Profit by 99% in First Half Wema Bank Plc doubled down on its earnings performance in the first half of the financial year 2023, details from its unaudited financial statement filed with regulators showed that its profit surged by more than 99% year on year. Despite a tough economic outing in the […]

Senator Sani Danladi, a ministerial candidate for President Bola Tinubu from Taraba State, was disqualified from running for or holding political office in 2019 due to forgery. The Senate President, Godswill Akpabio, on Thursday afternoon read out the 28 ministerial nominees sent in by President Bola Tinubu for screening at the National Assembly. Former Governors […]

*Laments Lack Of Justice One Year After Committal Order *Appreciates Akpata, Falana, Adegboruwa, Fusika, Aikpokpo-Martins, Kunle Edun, and Others For Their Support During Trying Times INIBEHE EFFIONG, ESQ., a human rights advocate, has expressed regret over the circumstances surrounding his one-month incarceration at the Correctional Centre. The left-wing activist praised Mr. Olumide Akpata, the immediate […]