President Bola Tinubu has approved the appointment of new Chief Executive Officers (CEOs) of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. The appointments were disclosed Friday in a statement issued by the Special Adviser to the President on Media & Publicity, Ajuri Ngelale, in Abuja. The spokesperson said the appointments were in line with …
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Prostate cancer is bringing death, misery to many men, Utomi opens up on health struggles post-election
Prof. Pat Utomi, a prominent member of the Labour Party, has opened up on his battle with prostate cancer, for which he was given a diagnosis last year. He claims that this was the cause of his seeming silence, since after the 2023 general election. The Social Democratic Mega Party (SDMP) presidential candidate in 2011 stated in a string of …
Read More »APC postpones Bayelsa governorship campaign flag-off
The All Progressives Congress (APC) has postponed the flag-off of its Bayelsa governorship campaign slated for Saturday in Yenagoa. The APC National Publicity Secretary, Felix Morka, announced the postponement in a statement on Friday in Abuja. He said that a new date would be communicated to the public in due course. Justice Donatus Okorowo of the Federal High Court, Abuja, …
Read More »After eight years CBN finally publishes financial statements, says it owes JP Morgan, Goldman Sachs $7.5bn
After defaulting for several years, the Central Bank of Nigeria (CBN) has released the Consolidated Financial Statements for seven years, the first time it will do so since 2015. he Consolidated Financial Statements, which were released by the CBN on its website, are for 2016, 2017, 2018, 2019, 2020, 2021 and 2022 financial periods. The apex bank also declared a …
Read More »House of Reps probes NNPCL’s controversial acquisition of OVH – The Conclave Online Newspaper
The House of Representatives has commenced an investigation into the acquisition of OVH Energy by the Nigerian National Petroleum Company Limited (NNPCL). This was contained in a letter dated 28th August, addressed to the managing director of NNPC Retail Limited and signed by the chairman of the ad hoc committee, Hassan Nalaraba. The letter read in part: “Aware that the …
Read More »Tribunal sacks PDP’s Ugochinyere in Imo
The National and State House of Assembly Election Petitions Tribunal sitting in Imo State has nullified the victory of the Peoples Democratic Party (PDP) candidate, Ikenga Ugochinyere, in the February 25 election held in Ideato North/South Federal Constituency. The All Progressives Congress (APC), Mr. Abazu Chika Benson, had challenged the outcome of the election on the grounds of illegal nomination …
Read More »Naira rebounds slightly, gains N50 to hit N831.47/$1 at official market
The Nigerian naira, Wednesday, November 29, 2023, recovered from a three-day consecutive slump to gain N50.41 against the dollar to close at N831.47/$1 at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) window. The domestic currency appreciated 6.06% to close at N831.47 to a dollar at the close of business on Wednesday, data from the NAFEM where forex is officially …
Read More »Agency recovers 24 corpses, rescues 30 persons in Niger boat mishap — Official
The Niger State Emergency Management Agency (NSEMA), says it has recovered 24 corpses and rescued over 30 persons in a boat mishap that occurred on Sunday in Mokwa Local Government Area (LGA) of the state. Alhaji Garba Salihu, Acting Director-General, NSEMA, disclosed this on Sunday in an interview with the News Agency of Nigeria (NAN) in Minna. “NSEMA received a …
Read More »Wike sets up JTFs to check activities of criminals in FCT
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has set up two joint security task forces to ensure the safety of residents in the nation’s capital. The Commissioner of Police in the FCT, Haruna Garba, disclosed this while briefing journalists on the outcome of Friday’s Security Council meeting held in Abuja. He said one of the JTFs is …
Read More »Benue Assembly screens remaining nine commissioner nominees
The Benue State House of Assembly on Friday screened the remaining nine commissioner nominees sent to the parliament by Governor Hyacinth Alia. The governor had on July 27 forwarded the list of 17 commissioner nominees to the Assembly for confirmation. However, the House screened eight of the nominees on Thursday and adjourned till Friday for the continuation of the exercise. …
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