Business

Oshiomhole blasts Akpabio on new Senate rules – THISAGE

The lawmaker representing Edo North Senatorial District in the National Assembly, Adams Oshiomhole, has intensified his criticism of the Senate leadership over the recent amendments to the Standing Rules, describing the changes as self-serving and questioning the eligibility of the Senate President, Godswill Akpabio, under the new framework. A tense exchange took place between Akpabio and Oshiomhole on Tuesday over …

Read More »

CBN’s new foreign branch rule causes $1.92 trillion loss on NGX

### Article rewritten: **CBN Foreign Subsidiaries Settlement Causes $1.92 Trillion Loss on NGX** By Taiye Olayemi Lagos, May 7, 2026 (NAN) – The Nigerian Stock Exchange (NGX) ended Thursday’s session in the red, with investors losing a total of 1.92 trillion naira amid sell-offs in banking and cement stocks. This decline came in reaction to the Central Bank of Nigeria’s …

Read More »

TECH OUR GIRLS INITIATIVE EMPOWERS GTC ENUGU STUDENTS WITH CODE, COGNITIVE SKILLS AND LEADERSHIP

Post views: 24 By Silvernews The “TECH Our Girls Initiative” (TOGI), a joint empowerment program of the Rangers International Football Club Foundation, the United States Government Exchange Alumni Association Nigeria Enugu State Chapter, TechWomenNigeria and the Campus Technology Life Initiative, is set to initiate a transformative training program aimed at equipping girls with practical digital and life skills for …

Read More »

The crisis of the Ado-Odo ruling house ends when the court recognizes Adedimeji as Olori-Ebi

The prolonged leadership crisis that has rocked the Okewaye Ruling House of Ado-Odo, Ogun State, has been resolved following a consensus judgment of the Ogun State High Court sitting in Idi-Oke. PLATFORM TIMES reports that the court has adopted the terms of the settlement in case no. HCI/19/2024, establishing Prince (Chief) Sulaimon Babatunde Adedimeji as the substantive Olori-Ebi (Head) of …

Read More »

FirstBank named strongest brand in 2026

FirstBank, West Africa’s leading financial institution and financial inclusion services provider, has been recognized as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategic consultancy firm. The Bank has achieved an AAA+ rating, the highest possible recognition, underlining the unrivaled brand strength and leadership in the financial sector. …

Read More »

Court finds former minister Mamman Saleh guilty of ₦33.7 billion fraud on energy projects, orders arrest for sentencing – THIS FACILITY

By Victor Osula, Abuja The Federal High Court in Abuja has convicted former Energy Minister, Mamman Saleh, on 12 counts of fraud and money laundering brought against him by the Economic and Financial Crimes Commission (EFCC), in a case bordering on the alleged diversion of funds meant for the Mambilla and Zungeru hydropower projects. Justice James Omotosho, delivering the ruling …

Read More »

Former Energy Minister Convicted of $33.8 Billion Fraud

The Federal High Court in Abuja, on Thursday, convicted former Energy Minister, Saleh Mamman, on charges bordering on the crime of money laundering. Although Mamman was conspicuously absent in court, Justice James Omotosho, in his ruling, found that the EFCC had been able to establish the 12-count amended charge against the accused beyond all reasonable reasonableness. “The prosecution established that, …

Read More »

Nigeria tops world rankings for voter apathy – Jonathan warns

…Former president says voter turnout worse than in 14 African and Asian nations …breaks silence on 2027, says “I will consult before deciding” Daud Olatunji Former President Goodluck Jonathan raised the alarm over Nigeria’s persistent low voter turnout, warning that the country ranks among the worst globally in voter participation based on his comparative observations across Africa and Asia. Jonathan, …

Read More »

The Senate confirmed Umar as chairman of the NMDPRA

lThe Senate on Thursday confirmed the appointment of Rabiu Umar as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This confirmation follows the presentation and consideration of the report of the joint Senate Committee on Downstream Oil and Gas at a plenary session in Abuja. Committee Chairman Abdulrahman Kawu said the nominations were in accordance with …

Read More »