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Shareholders of pan-African Financial United Bank for Africa (UBA) Plc yesterday approved the N29.9 billion paid for the 2018 financial year, while hailing the consistent strong performance of the group.The shareholders, who gave the approval at the 57th annual general meeting (AGM) in Lagos, commended the staff, management and the board on the impressive performance […]

Olam International Ltd, a Singaporean agro-allied company, yesterday offered to acquire Dangote Flour Mill (DFM) Plc. Olam, through its subsidiary Crown Flour Mills currently, owns over five million shares of Dangote Flour Mills and is bidding to take over the entire company. It stated that Olam was bidding to acquire all the outstanding and issued […]

The Governing Council of Oke-Ogun Polytechnic, Saki, Oyo State, has suspended all principal officers of the institution over alleged financial mismanagement. The officers suspended were the Rector of the institution, Matthew Oladeji and other principal officers. According to a memo signed by Prof. Moshood Tijani, the chairman, governing council of the institution, which was sent […]

The Economic and Financial Crimes Commission (EFCC) has given an insight into how the Chief Executive Officer of Galaxy Transportation and Construction Services Ltd, Babagana Dalori, built a N7billion Ponzi scheme over seven years. The bubble has now burst. Dalori was arrested Wednesday and 27,400 Nigerians have lost their investments. Dalori had lured them into […]

The member representing Ezza North/Ishielu Federal Constituency in the House of Representatives, Anayo Edwin Nwonu, has said only the lawmakers and not President Muhammadu Buhari, National Chairman of the All Progressives Congress (APC), Adams Oshiomhole and the APC will determine the leadership of the 9th National Assembly leadership. He described APC National Chairman as a […]

Barring any last minute change of heart; and except he changes his mind and flies back home, it is all but certain that the national leaders of the ruling All Progressive Congress (APC) will be absent when President Muhammadu Buhari arrives Lagos State today, Wednesday morning, ostensibly to commission five projects, two of which are […]

House Speaker, Hon Yakubu Dogara, has dismissed claims made by Bola Tinubu, National leader of the All Progressives Congress (APC) that he and Senate President, Bukola Saraki schemed to pad the budget with projects that benefited them personally; accusing the APC chieftain of pursuing a fascist agenda to control all levers of power in Nigeria. […]

The electorate in Ajeromi/Ifelodun Federal Constituency in Lagos State will file out on Saturday, April 27, 2019 for the supplementary election to conclude election in the affected areas, which was declared inconclusive by Independent National Electoral Commission (INEC) on February 23, 2019. This was affirmed last Wednesday after a meeting with stakeholders. There were fears […]

President Muhammadu Buhari yesterday expressed grief over the killing of some Christian youths during an Easter procession on Sunday night in Gombe and reprisal attack on security officials allegedly responsible for the incident. Describing the killings as “very unfortunate,” Buhari extended condolences to the families of the victims, while wishing the injured persons speedy recovery. […]

President Muhammadu Buhari appealed for Qatari investments in the petroleum, power, aviation, and rail sectors as major areas of importance as he hosted the Emir of Qatar, Sheikh Tamim bin Hamad Al-thani Tuesday, at Aso Villa. “We invite you to invest in our refineries, pipelines, power sector, aviation, agriculture, education, and many others, so that […]

I believe we all have that one family member who thinks that he or she has the right to intrude into your schedule and order you around. When they call you, they won’t give up until you pick their calls. And these people, they can call you liked a hundred times. Send text messages. Whatsapp. […]

The National Judicial Council has removed the name and image of Walter Onnoghen from its members list on its website. The acting Chief Justice of Nigeria Justice Tanko Muhammad was listed by the NJC as the acting chairman of the council. The Council, on Thursday, approved the extension of the appointment of Justice Muhammad for […]