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… as Gbenga Daniel Decamps to APC Former President Goodluck Jonathan has met with the party’s Reconciliation and Strategy Committee, as the party tries to weather the storms ward off recent threats to its membership and survival. The meeting is coming on the heels of the announcement by Gbenga Daniel, former governor of Ogun State […]

Nigeria’s inflation rate rose to nearly four-year high in January, as the consumer price index jumped 16.47 percent on an annual basis, the National Bureau of Statistics said Tuesday. This is the highest figure for inflation recorded in the country since April 2017. It stated that the figure is 0.71 percentage points higher than the […]

President Muhammadu Buhari has nominated 40-year-old  Abdulrasheed Bawa as the new Chairman of the Economic and Financial Crimes Commission. The President has also requested the Senate to confirm Bawa’s nomination, the presidency said Tuesday.   Femi Adesina, Special Adviser to the President on Media and Publicity,  announced this in a statement on Tuesday titled “President […]

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, emerged the Director-General of the World Trade Organisation.  “Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General. Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO. Her term starts on the 1st of March 2021,” WTO announced in tweet […]

President Muhammadu Buhari has said his administration would not allow any ethnic or religious group to stoke up hatred and violence against other groups. The president spoke through his Senior Special Assistant on Media and Publicity, Garba Shehu, late on Sunday evening, following reports of ethnic violence in Shasa, in Ibadan, the Oyo State capital. […]

Prospective homeowners in Lagos have received a boost in their options for modern, family-friendly homes with the start of sales of Universal One, a 576-unit apartment complex at Alaro City, in the heart of the Lekki Free Zone, Lagos. Universal One’s developer is Universal Homes, an award-winning residential community developer with British, American, and New […]

Africa Finance Corporation, one of the biggest investors in infrastructure solutions in Africa, is pleased to announce the appointment of Sameh Shenouda as its new Executive Director and Chief Investment Officer, the corporation announced Monday.   Mr. Shenouda brings over 27 years of experience in investments and fundraising in international capital markets, with a focus […]

Fidelity Bank Plc has successfully completed the issuance of its 10-year N41.21bn bond. The fixed-rate unsecured subordinated bond was issued at 8.5 percent and is due in 2031, the bank said in a statement late Sunday, under the title ‘Fidelity Bank Plc successfully issued the largest ticket Tier II local bonds in Nigeria’. “The bond […]

It is entirely in line with the character of Nigerian leaders to moan about problems, which ordinarily, are their responsibility to solve. The latest display of this disgraceful disposition came last Saturday from the Governor of Katsina State, Aminu Bello Masari, who openly expressed apprehension over the spate of insecurity in the country; while rating […]

Gunmen on Sunday abducted at least eighteen passengers of the Niger State Transport Authority, the government confirmed. The passengers were travelling to Minna, the state capital from Kotangora when the incident happened. The incident took place at Yakila village in Rafi Local Government Area of the state. Both the Secretary to the Niger State Government, […]

The Nigerian Bar Association and the Socio-Economic Rights and Accountability Project, have condemned the arrest of Protesters at the Lekki Tollgate under the #OccupyLekkiTollgate movement and demanded their immediate release. Olumide Akpata, president of the NBA decried what he termed  “shocking” and “unlawful actions” the police against protesters, demanding their immediate release. He offered free […]