News

The Minister of Works Mr Dave Umahi said Tuesday that President Bola Ahmed Tinubu is fully in support of the use of concrete for road constructions in the country. The minister said this while addressing State House correspondents after a meeting with the President at the Presidential Villa in Abuja. He said some contractors have keyed into the policy just …

The All Progressives Congress (APC) has promised to go ahead with the October 14 launch of its governorship campaign in Bayelsa State despite the disqualification of its candidate, Timipre Sylva, by a court. The party’s National Publicity Secretary, Felix Morka, disclosed this in a statement on Tuesday in Abuja. He said Sylva remained the party’s candidate for the November 11 …

The Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has acquired 50 million units of the shares of Sterling Financial Holdings Company Plc in a deal worth N168m. This was disclosed in a corporate notice on directors dealing which was filed with the Nigerian Exchange Limited on Friday. Suleiman, a non-executive director of the HoldCo, had bought the shares on …

A new report released by the World of Statistics has revealed that Nigeria is now the leading country in the world in terms of unemployment rate. In the report released on Tuesday, Nigeria leads the rest of the world with 33.3 per cent, followed by South Africa 32.9 per cent, and Iran which comes in at third place with 15.55 …

Leader of the Islamic Movement in Nigeria (IMN), popularly known as Shi’ite, Sheikh Ibrahim El-Zakzaky, has cautioned President Bola Tinubu not to allow foreign countries like the United States and France to use Nigeria and ECOWAS to attack Niger Republic in a bid to restore democratic rule following the ouster of President Mohamed Bazoum in a coup. El-Zakzaky who made …

The prolonged political crisis in Ondo State, on Friday night came to a head after a six-hour meeting convened by President Bola Tinubu that brought together the state’s Deputy Governor, Lucky Aiyedatiwa and members of the House of Assembly at the State House, Abuja.Aiyedatiwa, speaking after the President’s intervention, pledged to carry all commissioners and officials along in handling the …

The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has flayed the past administrations of the Central Bank of Nigeria (CBN) for straying from its core mandates and dabbling into fiscal policies under the guise of developing financial activities. This is even as the apex bank’s czar disclosed that under the past administrations, there was also a lack …