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President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment. In a statement by the Special Adviser on Media and Publicity to the President, Chief Ajuri Ngelale, Friday, announced the appointments of the 14 leadership of the agencies under the ministry. The appointment follows …

Retail lender, Unity Bank Plc grew its deposits to N333.38 billion, representing a marginal increase of 2% compared to N327.42 billion recorded in H1’22 in its half-year unaudited financial statement submitted to the Nigeria Exchange Group Limited. Other highlights of the unaudited financial statement includes gross income and total assets which recorded N27.5 billion as against N27.4 billion and N512.1 …

Philip Shuaibu, the deputy governor of Edo State, has refuted the assertion that he has plans to defect from the People’s Democratic Party and join the All Progressives Congress. In a statement on Thursday, his chief press secretary, Musa Ebomhiana, characterised the accusation as the work of troublemakers determined to worsen the divide between the deputy governor and his master, …

Nigeria is grappling with a revenue crisis as its debt profile continues to widen, which has seen policymakers take decisions that have, so far, failed to yield desired results. President Bola Ahmed Tinubu, this week, has expressed his commitment to breaking the vicious cycle of overreliance on borrowing for public spending.According to him, and he is very right, overreliance on …

The Court of Appeal, Abuja, on Tuesday, affirmed Kefas Agbu’s election as governor of Taraba State. Agbu won the March 18 election in Taraba after he polled 257,926 votes to defeat the New Nigeria Peoples Party (NNPP) candidate, Sani Yahaya, who got 202,277 votes in the exercise. Yahaya later challenged the outcome of the election at the state election petitions …

Here are the top 10 stories making headlines across the country. 1. Tinubu writes Senate seeking approval for fresh $8.7bn, €100m loans President Bola Ahmed Tinubu, on Tuesday, sought the approval of the Senate for a fresh $8.7bn and €100 million loans.Read more 2. Emefiele’s case adjourned till Jan 18, returned to prison custody The Federal Capital Territory High Court, …

From R-L: Managing Director/CEO of Unity Bank Plc, Mrs Oluwatomi Somefun; Regional Manager, Unity Bank, Mr Segun Olarenwaju presenting cheque to the Onifiditi of Fiditi, Oba Sakiru Oyewole Adekola-Oyelere, Ajani-Eedu II and the Chairman of the Committee, Professor John Oluokun during the during the official launch and Groundbreaking of National Open University of Nigeria, Fiditi Study Centre on Saturday at …

Former internationals, John Mikel Obi and Didier Drogba have both reacted to the draw between the Super Eagles of Nigeria and hosts Cote d’Ivoire in the group stage of the 2023 Africa Cup of Nations (AFCON). The draw, which took place in Abidjan, saw Nigeria drawn in group A alongside Cote d’Ivoire, Equatorial Guinea and Guinea-Bissau. The tournament earlier billed …

The Presidency, last week, explained that President Bola Tinubu would not hesitate to fire any underperforming minister, and aide. We tracked two other stories from the seat of power, Aso Rock villa, within the week under review. 1. Tinubu’s stance on underperforming ministers On August 28, the Presidency expressed confidence that Tinubu will not tolerate failure from his newly appointed …

The former national chairman of the All Progressives Congress (APC), Adams Oshiomole, said on Thursday the Edo State Deputy Governor, Philip Shaibu, would not be accepted in the party. Oshiomole stated this in a chat with journalists in Benin City, the state capital. He was reacting to rumours of Shaibu’s planned defection from the Peoples Democratic Party (PDP) to the …