First Bank majority shareholders unite against Otudeko In a bid to forestall the circumstances that led to Central Bank of Nigeria (CBN) clamping down on FBN Holdings in 2015 when Oba Otudeko was the chairman, majority shareholders of FBN Holding are weighing options to prevent Oba Otudeko from taking over the financial institution. This is in order to avoid a repeat of the financial crisis that occurred during his time as chairman in 2015 when the Tier 1 Bank was plunged into a deep financial crisis on the back of an unprecedented non pe…
More reforms coming, Tinubu assures manufacturing, service sectors President Bola Tinubu has assured the manufacturing and service sectors that more reforms will be unfolded to enable efficiency and attract investments, saying the ongoing economic ‘‘revolution’’ will be deliberately steered to capture and favour teeming youths in the country . He gave the promise on Friday when a delegation from MTN led by Group Chairman, Mcebisi Jonas, visited him at the Presidential Villa, Abuja. He said: “We have a responsib ility to revolutionize the econo…
Insecurity: Tackle banditry, criminality like Boko Haram – Tinubu to Army President Bola Tinubu has urged the Nigerian Army to tackle banditry like it did to Boko Haram. This was as Tinubu charged the Nigerian Army to tackle criminals trying to destabilize Nigeria. He assured Nigerians of his administration’s readiness to address the insecurity issues across the country. Tinubu, who was represented by Vice President Kashim Shettima, spoke at the Nigerian Army day celebration on Thursday in Ibadan, Oyo State. He vowed to tackle all threats to…
Ogun: Gbenga Daniel asks Abiodun to stop his monthly pension, allowances Former Ogun State Governor, Gbenga Daniel, has asked the incumbent Governor, Dapo Abiodun to stop the monthly pension being paid to him by the State government. Daniel, in a letter titled, ‘Request To Suspend My Monthly Pension and Allowances’, Daniel asked that the N676,376.95 pension/allowances he is entitled to as a former governor be suspended. According to him, the suspension of the pension was in compliance with his conscience, moral principle and ethical code aga…
Ajaokuta: Steel plant solution to frequent building collapse – Ohere Senator representing Kogi Central Senatorial District, Sadiku Abubakar Ohere, on Thursday, lamented the frequent building collapse in Nigeria. He said the completion of Ajaokuta Iron and Steel is the solution to building collapse as the quality of steel products, especially rods, could withstand the strength of pillars and decking castings. The Lawmaker stated at an interactive session with Senate Press Corps after plenary on Thursday in Abuja, stressing that the completion…
*Polaris Bank Partners Eventful Limited to host 2023 Fashion Souk* … showcasing Nigeria's Vibrant Fashion Industry_ Polaris Bank, Nigeria's leading Digital Retail Bank, is partnering Eventful Limited to host the 2023 Edition of The Fashion Souk scheduled to hold at Harbour Point facility on Victoria Island, Lagos from today Saturday, July 8th, and tomorrow Sunday, July 9th, 2023. The Fashion Souk is set to be an extraordinary enclosed marketplace where Small and Medium-sized Enterprises (SMEs) in Nigeria's fashion industry ga…
Police storm Enugu varsity campus, arrest students Operatives of the Enugu State Police Command have reportedly stormed the Enugu State University of Science and Technology and arrested some students Our correspondent gathered on Saturday morning that the police invaded the university on Friday evening amid the sit-at-home order of the Indigenous People of Biafra that was substantially observed across the state. Confirming the invasion, the President of the ESUT Students Union Government, Donatus Okolieuwa, described it as unacceptable and con…
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