Ayo Williams, an aide to Lagos Governor, Babajide Sanwo-Olu, is dead. Williams was the Senior Special Assistant on Lagos Waste Management Authority (LAWMA) Enforcement. Scores of people have besieged the hospital “Willy” (his alias) died on Sunday. The Bashorun of Yaba was an environmentalist, philanthropist, politician and security consultant. Sanwo-Olu is expected to issue a […]

The Federal Government through the office of the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, said a court has granted the FG’s request to label bandits groups as terrorist organisations. This was disclosed in a statement by Dr Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations, Office of the Attorney […]

The Central Bank of Nigeria has stated that the eNaira’s fourth phase will lead to offline and cross-border payment solutions. This was disclosed by the Director, Information Technology Department, CBN, Mrs Rakiya Mohammed, at the licensed payment service providers’ engagement session in Lagos on Monday. She charged licensed PSPs to build additional products and services […]

Vice President Yemi Osinbajo has revealed that the Federal Government will donate 10 million LPG cylinders in a year through certified marketers in 12 pilot states. He disclosed this at the Liquefied Petroleum Gas (LPG) sensitisation under the theme: “Stimulating Delta state’s socio-economic growth through LPG adoption and expansion”, on Monday, in Asaba, Delta State, according to NAN. […]

The federal government has approached the World Bank in an effort to obtain a loan of $30 million for the purpose of building a vaccine plant in the country. President Muhammadu Buhari disclosed that his regime is currently in talks with the World Bank to obtain funds channelled towards building a vaccine plant in Nigeria. […]

The details of the meeting of Governors of the ruling All Progressives Congress (APC)  have emerged. The APC governors had met behind closed doors at the Kebbi State Governor’s lodge in Abuja on Sunday night. The meeting was reportedly held to sort the crisis rocking the party ahead of its forthcoming National Convention. Speaking to reporters after […]

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to meet this week, on the 22nd and 23rd, for the last time this year (2021). The 10-man committee headed by the CBN Governor, Godwin Emefiele last met on September 17th, 2021, publishing its 38th communique that detailed the basis for […]

The Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new relationship with any participant (banks) and accessing loans. The CBN disclosed in its Revised Regulatory Framework for Bank Verification Number (BVN) operations and Watch-List for the Nigerian Banking Industry signed by Mr Musa Jimoh, Director, […]

The Pension Commission of Nigeria (PENCOM) has issued a statement clarifying who are the actual direct or indirect beneficiaries of shares of FBNH currently owned by Leadway Pensure. Recall, FBNH issued a press release in October claiming one of its directors, Mr. Tunde Odukale had informed the bank that his direct and indirect ownership in […]

Nigerian Breweries Plc, the most capitalized brewery quoted on the exchange, witnessed a depreciation in share price by 286 basis points to close at N51.00 per share, taking the market capitalization from N419.84 billion to N407.84 billion. The brewery today, recorded a loss in share price which can be attributed to investors’ negative sentiment which […]


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