News

  The Nigeria Labour Congress has described as insensitive the latest electricity hike by DisCOS in tariff payable by Band A customers. The electricity distribution companies (DisCOS) had on Wednesday announced that the Nigerian Electricity Regulatory Commission approved the hike. They increased it ...

Fidelity Bank has announced plans to increase its issued share capital from N22.6bn to N26.7bn. The bank will achieve this by creating up to 8.2bn additional ordinary shares, each valued at 50 Kobo. This was disclosed in a corporate notice ...

  PalmPay has announced that all Point Of Sale operators using its platform must register with the Corporate Affairs Commission or submit their CAC certificates by July 7, 2024, to avoid account freezing. In a statement made available to The ...

Union Bank of Nigeria has promoted 337 employees across its various departments. The bank said that the promotion underscored its commitment to recognising and rewarding the hard work, dedication and outstanding contributions of its employees. A statement from the bank ...

The Managing Director/Chief Executive Officer of Wema Bank Plc, Moruf Oseni, speaks with TEMITOPE AINA on the lender’s journey as it turned 79 years recently. While delving into the journey of the past decade when the bank metamorphosed from a ...

Federal Capital Territory (FCT) Minister Nyesom Wike announced that President Bola Tinubu has approved the construction of 40 residences for Justices of the Court of Appeal, Federal High Court, and FCT High Courts This declaration was made during the groundbreaking ...

A final year student of History and Diplomatic Studies at the Tai Solarin University of Education, Ijagun, Ijebu-Ode, Ogun State, was reportedly k!lled on the campus premises by suspected cultists on Wednesday The victim, identified as Olaoye Fabiyi, was reportedly dragged out ...

Many people have been feared dead as a two-storey building shop collapsed in Eke-Amawbia market, Awka South local government area of Anambra state. It was gathered that some others were trapped in the rubble. The incident, it was further gathered, ...

  Coronation Insurance Plc has reported a profit after tax of N4.45bn for the first quarter of 2024, this represents a rebound from the N1.10bn loss in the first quarter of 2023. This was disclosed in its financial results filed ...

  The Chairman of Dangote Group, Aliko Dangote, has promised that the private sector will “invest heavily” in job-creating initiatives. He added that Nigeria’s economy can be turned around “within a few months” as the “issues are not that bad.” ...

  The Managing Director/Chief Executive Officer of FirstBank, Olusegun Alebiosu, has expressed a willingness to partner with the Lagos State government in the area of infrastructure development. Alebiosu said this when a led the management team to pay a courtesy ...

  NOVA Bank has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch in the Victoria Island area of Lagos. The bank, formerly known as NOVA Merchant Bank, had received the Central ...

  Justice Inyang Ekwo of the Federal High Court Abuja, on Thursday, declared the Peoples Democratic Party, February 22, 2024, primary election, that produced Asue Ighodalo as its governorship candidate invalid. Justice Ekwo made the declaration while delivering judgment in ...

An Anglican reverend was murdered by his son in the agrarian community of Okpare in Olomu Kingdom, Ughelli South Local Government Area of Delta State, on Wednesday. The priest, identified as Rev. Isaac Umurie, one of the reverends attached to St. John’s ...

  Stanbic IBTC Bank, Citibank Nigeria and Rand Merchant Bank led the pack in the facilitation of US$1.09bn capital importation into Nigeria in the fourth quarter of 2023. According to the Nigeria Bureau of Statistics capital importation report for Q4 ...

  Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, has charged stakeholders to prioritise digital empowerment for MSMEs as a measure for championing a sustainable MSME ecosystem in Nigeria. The charge was made at the International MSMEs ...

  First City Monument Bank has embarked on an initiative aimed at expanding its support for small and medium-sized enterprises across Nigeria, following the signing of a $25m agreement with the Dutch Entrepreneurial Development Bank and the European Commission. This ...

  A former speaker of the House of Representatives, Yakubu Dogara on Wednesday said lawmakers’ monthly earnings can not last them for more than three days. This was as he urged the legislators to open their finances to dispel the ...

  A notorious Haitian gang has stormed a police station in the embattled country and slaughtered dozens of police officers, according to reports. A Kenyan-led international force was deployed to the Caribbean nation in the shape of 400 police officers from ...

  Cristiano Ronaldo‘s heart rate during Portugal’s Euro 2024 last-16 clash with Slovenia was at its lowest before he took their first penalty in the shootout, new data has revealed. Portugal booked their place in the quarter-finals after winning via a ...

  The Speaker of Imo State House of Assembly, Chike Olemgbe, on Tuesday, announced the suspension of four members for an alleged plot to impeach the speaker. The suspended lawmakers included Ahiazu-Mbaise, Samuel Otuibe; Ezinihitte-Mbaise, Henry Agbasonu; Okigwe, Chidiebere Ogbunikpa and ...

  A 19-year old Indiana man, Conner Kobold, has been charged with two counts of m3rder and one on aggravated battery in connection with the d3ath of his mother, 43-year-old Shanelle Burns On February 5, police were sent to the ...

  Governor Babajide Sanwo-Olu of Lagos State, has declared that the state government alone cannot address the housing problem in the State. Governor Sanwo-Olu said this during the commissioning of Lagos Building Investment Company and the Rising Lagos Apartment in ...

  DJ Cuppy has endorsed the Labour Party ahead of Thursday’s general election in the United Kingdom The music star explained that she endorsed the opposition against the ruling Conservative Party because “sometimes a change is necessary.” She urged her UK fans ...

  Niger State Deputy Governor, Garba Yakubu, on Tuesday, lost his wife, Zainab Yakubu, in Minna, the state capital. Confirming the incident to Channels Television through a telephone call, a spokesperson for the deputy governor, Ummikaltumi Kuta, said Zainab died ...