News

Zenith Bank, Access Holdings, GTCO, UBA and eight other banks listed on the floor of the Nigerian Exchange raked in a whopping N72.723 billion from account maintenance charges in the first half of 2023. According to data extracted from the half-year financial statements of these banks, the amount represented a 7.44 per cent increase compared to the N67.690 billion recorded …

For this week’s stocks to watch, MTN Nigeria Airtel and Ellah Lakes should be on your list, as the Nigerian exchange return for another week of trading activities. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken …

Former Governor of Zamfara, Abdulazeez Yari A former Zamfara Governor, Sen. Abdul’aziz Yari (APC/Zamfara West), has donated 145 trailer loads of maize as palliative to people of the state. A former APC Chairman in the state, Alhaji Lawal Liman, stated this in Gusau on Sunday after meeting with members of the distribution committee. Liman, who is the chairman of the …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, is collaborating with other bodies to acknowledge and reward the exceptional efforts of teachers across the country. The bank in partnership with the Nigeria Breweries and Felix Ohiwerei Education Trust is hosting the 9th Edition of the Maltina Teacher of the Year Competition Grand Finale. This partnership according to Stanbic IBTC, …

Raheem Sterling scored twice to help Chelsea defeat newly promoted side Luton in a Premier League encounter on Friday night. Sterling also provided an assist for Nicolas Jackson as Chelsea secured a 3-0 victory at Stamford Bridge. The win was Chelsea’s first win in the league season as they had played a 1-1 draw in their opening game against Liverpool …

President Bola Tinubu has appointed Mojoyinoluwa Dekalu-Thomas as the new managing director of the Nigeria Electricity Liability Management Company (NELMCO). NELMCO was established by the Federal Government in August 2006 to manage the liabilities and non-core assets of the defunct Power Holding Company of Nigeria (PHCN). Dekalu-Thomas had served as the NELMCO acting MD since the company’s pioneer chief executive, …

President Bola Tinubu has approved the appointment of Mrs. Mojoyinoluwa Dekalu-Thomas as the new Managing Director and Chief Executive Officer of the Nigeria Electricity Liability Management Company (NELMCO) for a term of four years. Mojoyinoluwa Dekalu-Thomas has served as the Acting MD/CEO of NELMCO since the tenure of pioneer NELMCO MD/CEO, Mr. Adebayo Fagbemi, ended on May 8, 2023. Furthermore, …

Aminu Maida, PhD, Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission (NCC) The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as a critical driver of financial inclusion of Nigerian citizens living in the underserved and unserved communities across the country. Dr. Maida made …

A 29-year-old French rapper MHD has been handed a 12-year jail sentence for murder. The rapper whose real name is Mohamed Sylla, was found guilty by a court in Paris for his involvement in the gang-related killing of Loic K in the capital in 2018. The French court heard that the victim was knocked down by MHD’s car, a Mercedes, before being …

Police on Friday arraigned a 41-year-old farmer, Akember Ikpior, at the Makurdi Magistrates’ Court in Benue State for alleged attempted murder of a colleague in the state. Ikpior was arraigned by the police for alleged criminal conspiracy and attempted culpable homicide on one Azenda Ikyor. However, the Magistrate, Mrs. Ada Jack, did not take the defendant’s plea for want of …