News

The Nigeria Police Force (NPF) has demoted an officer, Inspector Adejoh Siaka, for assaulting a man at Emohua, the headquarters of Emohua Local Government Area of Rivers State. Siaka was demoted from Inspector to Sergeant. The Force Public Relations Officer, ACP Olumuyiwa Adejobi, who made this known in a statement on Sunday, September 24, 2023, said another officer, Sergeant Ndiwa …

The Senior Special Assistant to the President on Media and Publicity, Tope Ajayi on Thursday, debunked reports that President Bola Tinubu requested for a presidential yacht. Ajayi made this clarification through a statament titled, “On Presidential Yacht And Other Matters,” in response to reports about the allocation of N5 billion Naira for a Presidential yacht in the N2.17 trillion supplementary …

The naira appreciated against the dollar at the official market but steadied at N1,170 on the parallel market relieving the pressure on the foreign exchange (FX) market. The black market exchange rate remained the same on Wednesday after gaining 2.5 per cent (N30) over the US dollars on Monday. Meanwhile, multinational financial services firm, JPMorgan Chase & Co expects Naira …

A former Governor of Anambra, Willie Obiano, has commiserated with the people of Ogbaru, Anambra and indeed, the entire Igbo race over the demise of a legal luminary, Prof. Ben Nwabueze. Nwabueze, a respected figure in the legal community, passed on October 29, 2023, at 94. A condolence message released by Tony Nezianya, Obiano’s Publicist, on Thursday described the late …

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, …