Sterling Bank shareholders lose N14.97bn, as investors lose interest in stocks

Sterling Bank shareholders lost a significant part of their investment in the lender last year, resulting from the creditor’s struggle to attract bullish (optimistic) investors to its stock. The diminished investment was occasioned by investors being pessimistic about Sterling Bank’s growth, hence, deserting the bank’s share in the capital market. READ ALSO; Sterling Bank offers … Read more

We Will Continue To Invest In Road Transport Infrastructure – Gbajabiamila

 The Speaker of the House of Representatives, Femi Gbajabiamila, has assured that the Green Chamber will continue to help the transport industry to thrive and invest in its infrastructure.  He stated this on Thursday during the Commissioning the national headquarters of the Road Transport Employers Association of Nigeria (RTEAN) in Abuja, where he noted the … Read more

EFCC Arraigns Two for Fraud in Makurdi

The Benue Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, January 20, 2022, arraigned the duo of Francis Orterse and Tertsea Kema on separate charges before Justice A. I. Ityonyiman of the Benue State High Court, Makurdi. Orterse was arraigned on one count of dishonestly obtaining and forging documents purportedly from … Read more

EFCC Docks Woman for N32m Oil Scam in Kano

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, January 20, 2022 arraigned one Wasila Musa Ibrahim and her company, Najaatu Petroleum Limited, before Justice Mohammed Nasir Yunusa at the Federal High Court, Kano. They were arraigned on a 10-count charge bordering on money laundering and tax evasion. The complainant, … Read more

I prefer to be addressed simply as ‘Mr. Governor’ – Soludo

Professor Chukwuma Soludo, the incoming governor of Anambra State, has stated that he would prefer to be addressed as as ‘Mr. Governor’ instead of the title ‘His Excellency,’ for those who find it inappropriate to call him by his name. The governor-elect made this known at the inauguration of members of his transition committee at the Golden Tulip Hotel … Read more

Atiku, Saraki, Tambuwal in proxy war over PDP ticket

Proxy war among contenders for the 2023 presidential ticket of the Peoples Democratic Party (PDP) is gathering steam, it was learnt yesterday. Those who have signified interest for the opposition party’s slot include former Vice President Atiku Abubakar; former Senate presidents Pius Anyim and Bukola Saraki, governors Aminu Tambuwal (Sokoto) and Bala Mohammed (Bauchi). Others … Read more

N1bn compensation to Nnamdi Kanu: We’ll respond after studying judgement – Army

Following the order of the court that, the Leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu, be compensated with N1bn for total violation of his fundamental human rights, Counsel to the Army, Amos Tory, Wednesday said the military would respond after studying the judgement. Recall that that Abia State High Court sitting in … Read more

INEC Arraigns Uniuyo Professor For Electoral Fraud

The fresh trial of Professor Ignatius Uduk, a lecturer at the University of Uyo, commenced on Thursday at the Akwa Ibom State High Court 9 sitting in Uyo, the state capital. Uduk faces a three-count charge bordering on publishing and announcing false electoral results. The case was filed by the Independent National Electoral Commission (INEC) … Read more

Removal Of Fuel Subsidy Isn’t Business Of Governors – Fayemi

Chairman of the Nigeria Governors’ Forum, Kayode Fayemi, on Thursday, said the decision to remove or retain fuel subsidy is not in the hands of State Governors. Mr Fayemi made the remark during a press briefing after a meeting of the Governors. The Ekiti State Governor said the forum has “concluded to engage the leadership … Read more

Many Feared Dead In Ghana As Explosives Truck, Motorcycle Crash

A truck carrying explosives collided with a motorcyle in western Ghana on Thursday, causing an immense conflagration and the “loss of lives”, President Ghana Nana Akufo-Addo. The accident happened around noon in Apiate, near the city of Bogoso some 300 kilometres (180 miles) west of the mineral-rich West African country’s capital Accra. Saying the blast … Read more

Benue Govt Raises Fine For Impounded Animals From N2,000 To N50,000

The Benue State government has raised the fine for impounded animals from N2,000 to N50,000, with an additional N20,000 daily quarantine fee in the amended Open Grazing Prohibition and Ranches Establishment Law of 2022. Governor Samuel Ortom who disclosed this on Thursday while signing the amended law said failure to claim the animals after seven … Read more

Police arrests teacher for allegedly abducting, killing student in Kano

Police on Thursday arrested a school teacher, Abdulmalik Mohammed Tanko, for allegedly kidnapping and killing a five-year-old girl, Hanifa Abubakar, in Kano State. The girl, who was one of Mohammed’s students at a private school in Kwanar Dakata, Nassarawa local government area of the state, was killed after the suspect collected N6million ransom from her … Read more

Sanwo-Olu reinstates suspended LASU registrar

The Lagos State Governor, Babajide Sanwo-Olu, has ordered the reinstatement of the suspended Registrar of the Lagos State University (LASU), Mr. Olayinka Amuni. READ ALSO; Buhari, Sanwo-Olu Pay Condolence Visit To Ernest Shonekan’s Family The LASU spokesman, Ademola Adekoya, who disclosed this in a statement on Thursday night, said the registrar would resume work on February 1. … Read more

Securing Nigeria ahead of 2023 elections a tough task – INEC

The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, on Thursday expressed concern at the worsening insecurity in Nigeria. In his address at the first quarterly meeting of the Inter-Agency Consultative Committee on Election Security (ICCES) in Abuja, the INEC chief said securing the country ahead of next year’s general elections would be a … Read more

HURIWA charges Buhari to obey court’s order on N1bn damages to Kanu

The Human Rights Writers Association of Nigeria (HURIWA) on Wednesday told President Muhammadu Buhari to prove his respect for court orders by ensuring the payment of the N1 billion damages awarded to the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu. Justice Benson Anya of the Abia State High Court, Umuahia, had earlier … Read more

Dele Adeleke responds to Davido’s outburst on social media

Adele Adeleke, a cousin to Nigerian recording artiste, David Adeleke aka Davido has responded to the singer’s outburst on social media a couple of days ago. It would be recalled that Dele Adeleke revealed his intention to vie against his uncle, Ademola Adeleke in the Osun governorship election. The declaration infuriated the Nigerian music superstar, … Read more

Most Nigerian govs should be nowhere near power —NEF spokesman, Baba-Ahmed

A chieftain of the Northern Elders Forum (NEF), Dr. Hakeem Baba-Ahmed, says 90% of present governors in the country have no business being anywhere near power. Baba-Ahmed, who is the Director of Advocacy for the NEF, while delivering a lecture at the 19th edition of the Daily Trust Dialogue in Abuja on Thursday, said his … Read more