New York, Aug. 2, 2023 Former U.S. President Donald Trump was indicted on Tuesday in a Justice Department investigation for his alleged efforts to overturn the results of the 2020 presidential election. Trump was charged with conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction of …
Read More »Sadio Mane joins Cristiano Ronaldo’s Club Al Nassr
Senegalese football star Sadio Mane has joined Cristiano Ronaldo’s Saudi Arabian club Al Nassr from Bayern Munich this summer. Sadio Mane spent just one season with German Bundesliga champions Bayern Munich. A turbulent campaign that saw the Balloon D’or runner-up struggle to replicate his form from the days at Liverpool …
Read More »FSD Africa Investments injects £10m into innovative risk sharing facility in partnership with InfraCredit to support Nigeria’s Sustainable Climate Infrastructure
Lagos, 01 August 2023 FSD Africa Investments (FSDAi), in collaboration with InfraCredit, have invested £10m into a first-of-its-kind risk-sharing backstop facility, designed to unlock local currency funding for sustainable infrastructure development in Nigeria. The Risk Sharing Backstop Facility (RSBF) will address the challenge of low credit enhancement by mobilising local …
Read More »Fidelity Bank stock upgrade excites investors
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, Progressive Shareholders Association of Nigeria, commented, “Fidelity Bank has paid its dues in the …
Read More »Fuel Subsidy: Zulum targets 1.8m persons in new phase of palliatives
.. Shares 400 resettlement houses in Molai Borno State Governor, Babagana Umara Zulum, has flagged off a fresh phase of palliatives which is targeting about 300,000 households with about six persons per household to reach one million and eight hundred thousand (1.8m) persons in need. Zulum launched the distribution on …
Read More »High cost of living: Union Bank raises Employee Compensation twice
It is no longer news that most Nigerians are experiencing severe economic hardship due to the recent FX policy and subsidy removal. The economic challenges arising from the opening up of the foreign exchange market and the removal of petrol subsidies have resulted in soaring inflation and a significant drop …
Read More »First plane evacuating French citizens leaves Niger
Paris, Aug . 1, 2023 France has begun evacuating its citizens from Niger following last week’s military coup, with the first plane transporting more than 260 people from the capital Niamey, said a top French official. French Foreign Minister Catherine Colonna said on social media on Tuesday evening that twelve …
Read More »PANDEF urges FG to support establishment of modular refineries
The Pan Niger Delta Forum (PANDEF) has appealed to the Federal Government to revisit the issue of supporting the development of Modular Refineries in the region to curb criminality. The forum added that supporting modular refineries would eliminate unwholesome, unauthorised refining of crude and also be a way of providing employment for …
Read More »Presidential election court reserves judgment in Obi, LP’s petition
By Edith Nwapi Abuja, Aug 1, 2023 The Presidential Election Petition Court on Tuesday reserved judgment in a petition filed by Mr. Peter Obi and Labour Party (LP) challenging the election of President Bola Tinubu. Obi and LP are petitioners in the petition marked CA/PEPC/03/2023 challenging the election which brought …
Read More »Confirmed: Nigeria to face England in FIFA Women’s World Cup round of 16
Nigeria will face England in the round of 16 of the 2023 FIFA Women’s World Cup game on Monday, August 7 in Brisbane, Australia. To set up the Round of 16 clash scheduled for the Lang Park Stadium in Brisbane, Australia, Nigeria finished as runners-up in group B while England …
Read More »Local Content: NCDMB espouses benefits of Insurance Industry collaboration
The Nigeria Content Development Monitoring Board, NCDMB, has craved the understanding and support of the insurance sector to strengthen the Board’s desire towards the implementation of the Nigerian Oil and Gas Industry Content Act, NOGICD, in the sector. The Executive Secretary, ES, of the Board, Simbi Wabote, who made the …
Read More »Obi-Datti Campaign Organization knocks Economist Intelligence Unit
The Peter Obi-Ahmed Datti Campaign Organization has lashed out at the Economist Intelligence Unit (EIU) for its political prediction on the eventual outcome of the February 25, 2023 presidential election, stressing that the report is “yet another transactional work poorly done.” In a statement by Diran Onifade, Head of its Media, the …
Read More »World Cup: Falcons have what it takes to win
By Aderonke Ojediran Lagos, Aug. 1, 2023 Felix Owolabi, an ex-international, has applauded the performance of the Super Falcons of Nigeria at the ongoing 2023 FIFA Women’s World Cup, and has said the team has what it takes to go beyond the round of 16. Owolabi, in a telephone interview …
Read More »Atiku in court as parties adopt final addresses
By Wandoo Sombo Abuja, Aug. 1, 2023 The Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Abubakar Atiku, was at the Presidential Election Petition Court, (PEPC) on Tuesday as parties were set to adopt their final written addresses. The News Agency of Nigeria (NAN) reports that the adoption of …
Read More »Decoration: Lagbaja dedicates new rank to the Nigerian Army
Army Headquarters celebrates the Chief of Army Staff (COAS), Lt.-Gen. Taoreed Legbaja on his Decoration with the new rank. By Sumaila Ogbaje Abuja, Aug. 1, 2023 The Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja on Monday dedicated his new rank of Lieutenant General to the Nigerian Army. The Director, …
Read More »Monday Market: Zulum adds N1 billion for reconstruction; Targets September for reopening
Borno State Governor, Babagana Umara Zulum, has approved the release of additional one billion naira towards completion of the ongoing reconstruction works at the Maiduguri Monday Market which was razed in February, this year. Zulum announced the latest intervention on Monday in Maiduguri during an inspection visit to the market …
Read More »Makinde appoints new Amotekun chairman, reappoints Board members
Oyo State governor, ‘Seyi Makinde, has appointed a retired Assistant Inspector-General of Police, AIG Sikiru Kayode Akande (rtd), as the new chairman of the Board of the Oyo State Security Network Agency codenamed Amotekun. This was as the governor reappointed all other members of the security outfit’s Board, with Mrs. …
Read More »UK supports food security in Nigeria
· Foreign Secretary pledges support to make Nigeria’s agriculture sector more resilient to climate change on a visit to Nigeria. · Funding will help more than four million people develop better farming practices and reduce harmful carbon emissions. · James Cleverly’s trip to Nigeria comes on a three-country visit to Africa where …
Read More »Tinubu appoints Ajuri Ngelale as Special Adviser on Media, Publicity
By Okon Okon Abuja, July 31, 2023 President Bola Tinubu has approved the appointment of Chief Ajuri Ngelale as his Special Adviser on Media and Publicity. Mr. Willie Bassey, Director of Information, Office of the Secretary to the Government of the Federation, made this known in a statement issued on …
Read More »Niger: Trouble in the neighbourhood By Dakuku Peterside
Niger Republic is Nigeria’s next-door neighbour. She is not the best neighbour Nigeria would desire but, as a sovereign nation, we have no control over her. Her economic statistics, population demographics, poverty and security threats – terrorism, insurgency, and inter-communal conflicts – are too much baggage for a neighbour any …
Read More »Palliatives: FG to provide N200 Bln intervention for food, agric.
By Ismail Abdulaziz Abuja, July 31, 2023 The Federal Government has approved N200 billion as intervention for provision of stable food and agricultural inputs. President Bola Tinubu made the announcement in a nationwide broadcast tagged: “After Darkness Comes the Glorious Dawn’’ on Monday in Abuja. He said the intervention would …
Read More »NIMASA, Total EP Nigeria to the rescue of distressed Sao Tome and Principe drifting vessel
We will continue to prioritise safety – Jamoh The Nigerian Maritime Administration and Safety Agency, NIMASA working with officials of Total Energies EP Nigeria limited rescued occupants of a distressed fishing vessel belonging to a national of the São Tomé Príncipe, which was adrift in the ocean for 11 …
Read More »Ag. IGP sets up Schools Protection Squad, launches Standard Operating Procedure handbook for Schools programme
The Acting Inspector-General of Police, IGP Kayode Adeolu Egbetokun, as part of his policy geared towards security of lives and property, most especially safety of schools and students, has announced the establishment of the Schools Protection Squad (SPS), a proactive initiative aimed at enhancing security and safety in educational institutions …
Read More »Anambra Metropolitan Club sets forth with James Eze’s goosebumps By Uzor Maxim Uzoatu
It makes for history when an elite club signs a debut signature by promoting a literary reading. Anambra Metropolitan Club (AMC) which holds aloft the motto “Together in Excellence” on July 24 hosted a grand reading by James Ngwu Eze of his second collection of poems goosebumps at Mr. Smith …
Read More »Zenith Bank retains position as Best Commercial Bank in Nigeria for third conservative year, Best Corporate Governance Bank, at World Finance 2023 Awards
For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World Finance Banking Awards 2023. The bank also emerged as the Best Corporate Governance Bank, Nigeria, in the World Finance Corporate Governance Awards 2023, retaining the award for a second consecutive …
Read More »