By Deborah Coker Abuja, Nov. 6, 2024 A group, Peace and Good Governance Advocates (PEGA), has advised the new Minister of Humanitarian Affairs, Dr Nentawe Yilwatda, to avoid what it called the banana peels in the Ministry while in the office. PEGA a non-partisan social group through its National Coordinator …
Read More »FBN Holdings’ N150bn Rights Issue goes live on NGX Invest
By Rukayat Adeyemi Lagos, Nov. 6, 2024 FBN Holdings Plc’s N150 billion rights issue went live on Wednesday on the Nigerian Exchange Group’s (NGX) digital platform, NGX Invest (invest.ngxgroup.com). The rights issue, offered on a one-for-six basis to existing shareholders, is now accessible through NGX Invest, providing a seamless digital …
Read More »Stock market reverses gain, sheds N337bn
By Rukayat Adeyemi Lagos, Nov. 6, 2024 The Nigerian stock market reversed its gains from the previous session, recording N337 billion loss for investors on Wednesday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation which opened at N58.852 trillion shed N337 billion or 0.57 per cent to close at N58.515 …
Read More »NDIS7: Nigeria’s N5bn creative industry, a goldmine for diaspora investment – Panelists
Abuja, Nigeria – November 6, 2024 Dr Patrick Doyle, a renowned Nigerian Actor, has said that the Nigerian creative industry has recorded unprecedented growth, with the box office crossing five billion Naira as of September 2024. Doyle stated this while moderating a panel discussion on ‘Appraisal of Investment Prospects in …
Read More »CCT slams ex-Kaduna govt. officials with N20m bail for false asset declaration
The Court of Conduct Tribunal (CCT) has granted bails to two former Kaduna State Government officials. They are Ja’afaru Ibrahim Sani, a former Commissioner for Environment and Natural Resources in the administration of ex-Governor Nasir El-Rufai; and Lawal Jimi Adebisi, a former Senior Adviser and Counsellor to ex-Governor l-Rufai between …
Read More »Obi congratulates Trump on historic return to White House
By Perpetua Onuegbu Abuja, Nov. 6, 2024 Peter Obi, Nigeria’s Labour Party (LP) leader and presidential candidate in the 2023 election, on Wednesday congratulated Donald Trump on being elected for a second term as President of the United States. Obi’s congratulatory message to Trump is contained in a statement by …
Read More »Obamas congratulate Trump, say ‘Our point of view won’t always win out’
Washington, Nov. 7, 2024 Former U.S. president Barack Obama has congratulated Republican Donald Trump on his victory in the U.S. presidential election. “This is obviously not the outcome we had hoped for, given our profound disagreements with the Republican ticket on a whole host of issues,” Obama said in a …
Read More »Why our campaign is targeting passengers – FRSC Commander
By Ijendu Iheaka Aba (Abia) Nov. 6, 2024 The Federal Road Safety Corps (FRSC) said it was targeting more passengers during the 2024 road safety ember month campaign because fatal road accidents claim more passengers than drivers. The FRSC Chief Route Commander, Unit RS 9.31, Aba, Abia, Mazi Uduma Uduma …
Read More »Defiant Kamala Harris concedes defeat to Donald Trump in U.S. presidential election
Washington, Nov. 6, 2024 Vice President Kamala Harris has conceded defeat in the U.S. presidential election to Donald Trump in an emotional speech to her supporters, many of who were shedding tears as she spoke. Harris, who was bidding to become the first female president of the US, told supporters …
Read More »Obi advocates ethical use of AI
In a unique convergence of thought, the Faculty of Mass Communication and the Faculty of Religion recently held concurrent international conferences, each reflecting on the transformative impact of Artificial Intelligence (AI) from different perspectives. Labour Party (LP) Leader, Mr. Peter Obi, was represented at both events which took place on …
Read More »Naira depreciates by 0.6% against dollar
By Grace Alegba Lagos, Nov. 6, 2024 The Naira depreciated on Wednesday at the official market, trading at N1,681.65 to the dollar. Data from the FMDQ Exchange’s official trading platform, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira lost N10.33. This represents a 0.61 per cent …
Read More »Sanwo-Olu congratulates Rabiu Olowo on election as Chair, International Group, ISAR
Lagos State Governor, Mr. Babajide Sanwo-Olu, has congratulated the Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria, Dr. Rabiu Olowo, on his election as the Chair of the United Nations Conference on Trade and Development (UNCTAD) Intergovernmental Working Group of Experts on International Standards of Accounting and …
Read More »Parallels of redemption: The narratives of Gogol’s “The Overcoat” and Cross of Calvary By Isaac Megbolugbe
November 5, 2024 Introduction In the realm of literature and spirituality, few connections are as profound as that between Nikolai Gogol’s seminal work, “The Overcoat,” and the crucifixion of Jesus Christ at Calvary. While these two narratives may seem worlds apart, they share a common thread – the transformative power …
Read More »Dangote, pillar of strength for Nigeria’s industrial growth – LCCI; ‘We’re committed to diversification of economy’ – GED
Dangote Industries Limited (DIL) has restated its commitment to driving the diversification of Nigeria’s economy for growth and job prospects through strategic investments. This is just as the Lagos Chamber of Commerce and Industries (LCCI) described the Company as the pillar and strength of the nation’s economy with its many …
Read More »Tinubu congratulates U.S. president-elect Trump
By Salif Atojoko Abuja, Nov. 6, 2024 President Bola Tinubu has congratulated President Donald Trump on his re-election as the 47th president of the United States of America. Tinubu in a statement on Wednesday by his Spokesman, Mr. Bayo Onanuga said that he looked forward to strengthening the ties between …
Read More »Macron, Scholz, other world leaders congratulate Trump
Berlin, Nov. 6, 2024 Congratulations for Donald Trump poured in early on Wednesday following his victory over challenger, Democrat’s Kamala Harris in the U.S. presidential polls. “Ready to work together as we did for four years. With your convictions and mine, with respect and ambition. “For more peace and …
Read More »Afreximbank signs landmark deals at African Energy Week 2024
CAPE TOWN, South Africa, November 6, 2024 The African Export–Import Bank (Afreximbank) signed multiple landmark deals at the African Energy Week: Invest in African Energies deal-signing ceremony in Cape Town on Tuesday. Among these was a $100-million revolving back-to-back letter of credit facility for oilfield equipment provider JE Energy Ltd. …
Read More »Morocco 2025: Osimhen, 22 others for Benin, Rwanda
By Victor Okoye Abuja, Nov. 6, 2024 The Super Eagles are set to welcome reigning Africa Player of the Year Victor Osimhen back to the squad for their 2025 Africa Cup of Nations qualifiers against Benin and Rwanda. The News Agency of Nigeria (NAN) reports that Osimhen, who has been …
Read More »How Trump won U.S. presidential election
Palm Beach, (Florida), Nov. 6, 2024 Donald Trump, 78, recaptured the White House on Wednesday by securing more than the 270 Electoral College votes needed to win the presidency. Edison Research projected, following a campaign of dark rhetoric that deepened the polarisation in the country. Trump was elected president, capping …
Read More »Tinubu mourns COAS, Lt.-Gen. Lagbaja; Postpones FEC meeting; Directs national flag to be flown at half mast
By Salif Atojoko/Okon Okon/Sumaila Ogbaje Abuja, Abuja, Nov. 6, 2024 President Bola Tinubu has announced the passing of Lt.-Gen. Taoreed Lagbaja, Chief of the Army Staff, at age 56. Mr. Bayo Onanuga, the President’s spokesman, said in a statement on Wednesday that Lagbaja died on Tuesday night in Lagos after …
Read More »Not too young to commit crime but… By Bola BOLAWOLE
[email protected] 0807 552 5533 Too many Nigerians are too difficult to understand, most especially the educated ones among them, or, should I say, the supposedly-educated! They approbate and reprobate at the same time. In one breath they affirm that they stand for something; in yet another they negate the same …
Read More »The return of kwashiorkor By Uzor Maxim Uzoatu
The deadly kwashiorkor disease that was so much associated with the Biafra war has made a return to peacetime Nigeria. It was not a pretty sight seeing malnourished children with distended stomachs, nylon-like skins and dopey eyes during that evil war. The belief was that kwashiorkor had gone for good …
Read More »Owo High School Alumni set to launch endowment fund in celebration of 50th Anniversary
In celebration of their golden anniversary, the 1970-1974 graduating set of Owo High School, Owo, Ondo State is preparing to launch an Endowment Fund aimed at supporting their alma mater’s continuous development. The event is set for Saturday, January 18, 2025, and will take place at the Owo Town Hall, …
Read More »Safelify’s travelers’ safety products for global unveiling; Nigeria’s Consul General in New York, US Mayor to grace event
Nigeria’s Consul General in New York, United States of America (USA), Ambassador Abubakar Jidda, Mayor of the City of Linden, Mayor Derek Armstead and other eminent personalities are expected to grace the unveiling of a revolutionary suite of safety, health, and wellness solutions by an international organization, SafeLify. A statement …
Read More »Alleged N3b fraud: I exchanged Naira for Dollars for Yahaya Bello – BDC Operator
Jamilu Abdullahi, a Bureau de Change operator and the third prosecution witness in the trial of Ali Bello, on Tuesday, November 5, 2024, affirmed before Justice Obiora Egwuatu of the Federal High Court, Maitama, Abuja that funds were brought to him by agents of Kogi State Government for the payment of school fees of the daughters of former governor, Yahaya Bello. …
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