Transcorp acknowledges Femi Otedola's acquisition of a 5.5% stake in the company

Transcorp acknowledges Femi Otedola’s acquisition of a 5.5% stake in the company

Transcorp has announced that Nigerian businessman Femi Otedola has acquired a 5.5% interest in the company. The move, which sees Otedola acquire 2.2 billion shares, makes him the second-largest shareholder after UBA Nominees Limited. Transcorp’s businesses span energy, oil and … Continue reading Transcorp acknowledges Femi Otedola’s acquisition of a 5.5% stake in the company

Access Holdings achieves record N1.4 trillion annual revenue, yet profit declines

Access Holdings achieves record N1.4 trillion annual revenue, yet profit declines

Access Holdings, Nigeria’s largest lender, reported its highest-ever revenue in 2022, largely driven by interest on loans, but its after-tax profit slowed despite a 42.8% increase in turnover, according to its audited financials. The financial services group saw interest earned … Continue reading Access Holdings achieves record N1.4 trillion annual revenue, yet profit declines

President Buhari asks for forgiveness from those he may have hurt in the course of his duty

President Buhari asks for forgiveness from those he may have hurt in the course of his duty

During the ninth and final Sallah homage in the Presidential Villa, Abuja, President Muhammadu Buhari asked for forgiveness from anyone he might have hurt in the course of his duties and thanked Nigerians for tolerating him over the last seven … Continue reading President Buhari asks for forgiveness from those he may have hurt in the course of his duty

Court orders Shell not to stop award of logistics contracts to Nigerian indigenous contractors

Court orders Shell not to stop award of logistics contracts to Nigerian indigenous contractors

The Rivers State High Court in Nigeria has ordered Shell Petroleum Development Company (SPDC) not to terminate GSA Logistics Services Contracts awarded to indigenous contractors from oil-rich communities in the Niger Delta region. This was after the court reaffirmed an … Continue reading Court orders Shell not to stop award of logistics contracts to Nigerian indigenous contractors

INEC claims ignorance of suspended REC Ari's whereabouts after controversial Adamawa election declaration

INEC claims ignorance of suspended REC Ari’s whereabouts after controversial Adamawa election declaration

The Independent National Electoral Commission (INEC) has revealed that it is unaware of the whereabouts of its suspended Resident Electoral Commissioner (REC) in Adamawa State, Yunusa Hudu Ari, who caused controversy when he declared Aisha Binani of the All Progressives … Continue reading INEC claims ignorance of suspended REC Ari’s whereabouts after controversial Adamawa election declaration

India and Nigeria have the highest numbers of children who have not received a single routine vaccination - WHO

India and Nigeria have the highest numbers of children who have not received a single routine vaccination – WHO

The World Health Organization (WHO) and the United Nations Children’s Fund (UNICEF) released a report stating that nearly half of the 67 million children who missed routine vaccinations between 2019 and 2021 live in Africa. India and Nigeria, which have … Continue reading India and Nigeria have the highest numbers of children who have not received a single routine vaccination – WHO

Nigeria reaffirms commitment to enhancing trade ties with China

Nigeria reaffirms commitment to enhancing trade ties with China

The Permanent Secretary of Nigeria’s Ministry of Industry, Trade and Investment, Dr. Evelyn Ngige, reaffirmed Nigeria’s commitment to strengthen trade relations with China during the China-Nigeria Investment Economic and Trade Promotion Conference. The conference was organized by the Changsha Municipal … Continue reading Nigeria reaffirms commitment to enhancing trade ties with China

18 year old inmate in Delta State prison appeals for government to provide vocational skills training to inmates

18 year old inmate in Delta State prison appeals for government to provide vocational skills training to inmates

18-year-old inmate at the Medium Security Custodial Centre in Delta State, Gabriel Uwaya, has called on the government and non-governmental organisations to provide instructors to equip inmates with skills that would help them upon their release, as none of the … Continue reading 18 year old inmate in Delta State prison appeals for government to provide vocational skills training to inmates

Tinubu adds 13 names to presidential inauguration committee in a letter to Nigerian government secretary, Boss Mustapha

Tinubu adds 13 names to presidential inauguration committee in a letter to Nigerian government secretary, Boss Mustapha

Bola Tinubu, the supposed “president-elect” of Nigeria, has formed a 13-man Presidential Inauguration Committee tasked with organizing a week-long event to inaugurate him and his “VP-elect,” Kashim Shettima, as the 5th Executive President and Vice-President of Nigeria. The Committee will … Continue reading Tinubu adds 13 names to presidential inauguration committee in a letter to Nigerian government secretary, Boss Mustapha

Blessing Okoro finally released from detention following allegations of cyber-bullying and libel

Blessing Okoro finally released from detention following allegations of cyber-bullying and libel

Blessing Okoro, a social media influencer known as Blessing CEO, has been released from detention after being held for three weeks on allegations of cyber-bullying, libel, and exhibiting uncensored movies. The police had arraigned Okoro before Justice Yelim Bogoro of … Continue reading Blessing Okoro finally released from detention following allegations of cyber-bullying and libel

Labour Party's presidential campaign DG, accuses judiciary of causing crisis after 2023 general elections

Labour Party’s presidential campaign DG, accuses judiciary of causing crisis after 2023 general elections

Akin Osuntokun, the Director General of the Labour Party Presidential Campaign Council, has expressed his belief that the judiciary is responsible for the current crisis engulfing the party. Osuntokun specifically pointed to the judgment by Justice Muazu, which ordered Julius … Continue reading Labour Party’s presidential campaign DG, accuses judiciary of causing crisis after 2023 general elections