The President-elect, Asiwaju Bola Tinubu, could face the worst turbulent takeoff since the return to democracy in 1999 with huge debt, falling revenue and unsustainable debt servicing policy of outgoing government. As at September, the country’s national debt had risen…
Adaora Umeoji, who has been the Deputy Chief Executive Officer at Zenith Bank since 2016, has parted company with the lender, Nigeria’s largest bank by market value said on Friday. Mrs Umeoji, according to a regulatory filing posted on the…
The Governorship candidate of the Labor Party (LP) in Lagos State, Gbadebo Rhodes-Vivour (GRV), has confirmed talks with the leadership of the Peoples Democratic Party (PDP) in the state. The LP candidate told his supporters in the Lekki area of…
Dangote Sugar Factory posted strong net profit for 2022, taking earnings to record levels after big jump in sales. Shares in the company jumped 9.9 percent to N19.35 in Lagos on Friday, a 52-week high after the audit results were…
The Commandant General (CG) of the Nigeria Security and Civil Defense Corps (NSCDC), Dr Ahmed Audi, has promised to give automatic jobs to the families of seven officers killed by bandits in Kaduna State. Audi said this while presenting a…
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, said on Thursday that its new executive director, Jeremy Awori, has assumed the role with effect from March 1. The group appointed Mr. Awori in September 2022 upon the…
There is no doubt that the naira redesign policy of the Central Bank of Nigeria (CBN), which led to the unintended consequences of naira scarcity, was not meant to punish Nigerians. It seeks to mop up excess cash in the…
Presidential candidates from People’s Democratic Party (PDP), Atiku Abubakar, has rejected the results of the 2023 presidential election, describing it as the worst election since Nigeria returned to Democracy in 1999. Atiku stated this at a press conference in Abuja…
COJA 2003 Africa Games Greco-Roman wrestling gold medalist, Emmanuel Nworie, recorded a first round technical knock out of Agoha Iheanyi in the super four welterweight category to win the One Fight Ultimate (OFU4) Mixed Martial Arts Cage Fight held at…
Nigeria’s U-20 national football team, the Flying Eagles, have qualified for the FIFA The U-20 World Cup is scheduled to be held in Indonesia later this year. The team qualified after a hard-fought 1-0 win over fellow Ugandans in the…