News

  The Economic and Financial Crimes Commission has slammed suspended Humanitarian Minister, Betta Edu, her predecessor, Sadiya Umar-Farouq, and the Coordinator of the National Social Insurance Programmes Agency, Halima Shehu, while revealing that a combined total of N32.7bn and $445,000 ...

Iran has launched several drones that would target Israel, amid fears of a regional escalation following an apparent Israeli attack on an Iranian embassy complex in Syria last week Several dozen drones were launched from within Iran, a senior US administration official ...

Oba Julius Ajayi Adewumi Omomo, the Olojoda of Oda, in Akure South Local Government Area of Ondo State, has passed away. The 83-year-old was installed in May last year, following the demise of the previous traditional ruler, after a brief ...

Channels Television reporter, Joshua Rogers, who was kidnapped from his residence in Port Harcourt, has being released.   The journalist who was abducted in a Channels Television-branded vehicle, was released around 10 p.m. on Friday, April 12, unharmed, about 24 ...

  Rand Merchant Bank played a key role in the $1.25bn financing package for Indorama Eleme Fertilizer & Chemicals Limited as it acted as a lead arranger alongside the International Financial Council, which was the mandated lead arranger. A statement ...

  Telecom operator, Globacom, has launched two more enterprise business products, Glo Fibre to the Home and Fibre to the Business, with unmatched data speed and service experience. Glo Fibre to the Home and Fibre to the Business are Internet ...

  First City Monument Bank has reaffirmed its commitment to sustainable manufacturing by financing the newly inaugurated dried fruit manufacturing plant of Nature’s Bounty Health Products Limited in Abeokuta, Ogun State. A statement from the firm, which trades as ReelFruit, ...

  Guaranty Trust Holding Company Plc has announced a N609.3bn profit before tax for the 2023 financial year. According to its audited consolidated and separate financial statements filed with the Nigerian Exchange Group and London Stock Exchange on Monday, PBT ...

  Wema Bank Plc saw its deposits grow by 59.65 per cent to N1.86tn in 2023 from N1.16tn in the previous year. According to the lender’s full-year 2023 audited financial statement filed with the Nigerian Exchange Limited, its profit before ...

  FBN Holdings has disclosed that it will be seeking shareholders’ approval to raise N300bn additional capital. In a notice of its extraordinary general meeting filed with the Nigerian Exchange Limited on Monday, the financial holding company said the meeting ...

  The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange Limited on Monday. Announcing the dividends, the bank, which ...

  The family of the late Group Chairman of the Nigerian Exchange Group Plc, Abimbola Ogunbanjo, has filed a suit against Orbic Air LLC helicopter, the charter company operating the flight which killed him. According to a report by the ...

  Zenith Bank Plc has revealed that it is taking urgent steps to meet the new N500bn capitalisation requirement of the Central Bank of Nigeria. The lender disclosed this in a statement accompanying its newly released annual report for 2023. ...

Heavy rains in Kenya have caused widespread flooding, resulting in 11 deaths and displacing over two thousand people.   Residents, like Willis Omulo from Homa Bay, report homes submerged and farmlands destroyed. Wildlife, including hippos, seek refuge in communities, posing ...

A former interpreter for Japanese baseball star Shohei Ohtani faces bank fraud charges for allegedly stealing $16 million from Ohtani’s account to cover gambling debts.   Ippei Mizuhara is accused of sending the money to illegal sports betting without Ohtani’s ...

Some hospitals are changing how they handle cases where babies are born exposed to drugs. Previously, mothers like Kirsten Puccio faced reports to child services just for taking prescribed medications. Puccio’s doctors prepared a plan for her child’s care, leading ...

In a series of updates, late Abigail Frederick said to be the makeup artist who drowned with Jnr Pope has been laid to rest by the riverside From a post on Facebook by a man named Moses Eskor, Abigail was ...

A Channels Television reporter, Joshua Rogers in Rivers State has been kidnapped. Information gathered revealed that Rogers was reportedly forced away to an unknown place by the gunmen around 9pm on Thursday close to his residence at Rumuosi in Port ...

The National Agency for Food and Drugs Administration and Control has recalled Benylin Paediatrics Syrup manufactured by Johnson & Johnson, following recent toxicity findings in the laboratory on the product NAFDAC said laboratory analysis conducted on the product showed that ...

The Lagos High Court sitting in Ikeja has granted bail to a former Central Bank (CBN) governor Godwin Emefiele Justice Rahman Oshodi granted him bail in the sum of N50m with two sureties in like sum. The court also held ...

Covenant University has been ranked above the University of Ibadan and the Federal University of Technology, Akure, as the best university in Nigeria for the second time, according to Times Higher Education‘s 2024 rating Analysis of the latest ranking on ...

The Minister of Power, Adebayo Adelabu, has apologised to Nigerians for saying that they keep freezers on for days due to low electricity tariff. “Anything we have said that are considered offensive, we are sorry about that,” Adelabu said with ...

Myanmar, once a beacon of hope in Southeast Asia with a growing middle class, now faces a dire situation as civil war drives millions into poverty, according to the United Nations. Nearly half of Myanmar’s 54 million people live below ...

Since the beginning of the year, over 100 measles cases have emerged in the United States, prompting concerns from the Centers for Disease Control and Prevention (CDC) about the country’s status in eliminating the disease.   Measles was eradicated in ...

The Delta State Police Command, on Thursday, paraded 12 suspects for various crimes, including a 17-year-old boy (name withheld) who faked his kidnap in the Agbor area of the state Parading the suspects at the police headquarters in Asaba, the ...