Author: Broadstreet Editor

Page: 2

Ahead of the 2023 general elections, the National Assembly has forwarded the electoral act amendment bill to President Muhammadu Buhari for assent. Senate President Ahmad Lawan made this known in a statement issued by his aide, Babajide Omoworare, on Friday. He disclosed that the electoral bill was transmitted to the president on Friday in line with Section […]

The President, Major Gen. Muhammadu Buhari (retd.), has said that an unconditional release of the leader of the outlawed Indigenous People of Biafra, Nnamdi Kanu, who is currently standing trial for treason, runs contrary to the doctrine of separation of powers between the Executive and Judiciary. This is as he said, though such a demand […]

President Muhammadu Buhari on Friday met behind closed doors with some Igbo leaders at the Presidential Villa, Abuja, according to the News Agency of Nigeria (NAN). NAN reported that First Republic aviation minister, Mbazulike Amaechi, led the delegation of Igbo leaders to the meeting. Some of the Igbo leaders who attended the meeting included the […]

The Federal Government has stated that the growth in Nigeria’s digital services, especially in areas of culture, creativity, hospitality and tourism will boost investments in the economy. This was disclosed by Clem Agba, Minister of State, Budget and National Planning, at the 2021 African Statistics Day celebration with the theme: “Modernising National Statistical Systems to support […]

Innocent Chukwuma, chairman, Innoson Group, says his relationship with Guaranty Trust Bank (GTB) now Guaranty Trust Holding Company Plc (GTCO Plc) changed after the exit of the former chief executive officer (CEO), Olutayo Aderinokun. Aderinokun died in 2011 after a protracted illness. Chukwuma, in an interview with journalists on Tuesday, said the money owed him by […]

Unilever Plc, the owners of Lipton and PG Tips, has agreed to sell its global tea business, ekaterra, to CVC Capital Partners for €4.5 billion on a cash-free, debt-free basis. This is according to a press release from Unilever titled, “Unilever to sell its Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 bn,” and published on […]

Nigeria’s Gross Domestic Product (GDP) grew by 4.03% (year-on-year) in real terms in the third quarter of 2021, showing a sustained growth over the last four quarters since the recession witnessed in 2020. This is according to the recently published GDP report by the National Bureau of Statistics (NBS). According to the report, Nigeria’s real […]

President Muhammadu Buhari has approved the sum of N656 billion as Bridge Financing Facility to the 36 States of the federation. This was disclosed by the Minister of Finance, Zainab Ahmed on Thursday at the virtual NEC meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja, according to NAN. The Minister […]

From next year, Inc (AMZN.O) will no longer accept Visa Inc (V.N) credit cards issued in the United Kingdom.   The e-commerce giant said on Wednesday that this is owing to the payment processor’s high transaction fees.  After Brexit, the UK was no longer subject to an EU interchange fee cap, allowing card networks to […]

The one-storey building fell Wednesday afternoon while workers were working at the site located in Flour Mills Estate along Magbon axis, Badagry. Five people were rescued and taken to a nearby hospital while several people are trapped under the rubbles. Director of  Lagos State Fire and Rescue Service, Margaret Adeseye, said that five persons have […]


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