News

President Bola Tinubu has appointed 10 people to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI). The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, who confirmed the development in a statement on Friday night in Abuja, said a former minister of finance, Dr. Shamusideen Usman would head the board as chairman. …

A Special Military Court in Abuja on Tuesday sentenced the former Group Managing Director of the Nigerian Army Properties Limited, Maj. Gen. Umaru Mohammed, to seven years imprisonment for fraud. The army authorities arraigned Mohammed on an 18-count charge of stealing, forgery, misappropriation, and conspiracy. The convict was accused of stealing $1.04 million while serving as NAPL GMD between May …

The Pan-Atlantic University, Lagos was the centre of reasoned conversations around important subjects like business ethics and valuable support systems as it held its inaugural TEDx event on Friday. The event brought together an elite lineup of thought leaders, and industry experts to make insightful contributions under the theme: “Rethink.” The discussions held at the Honeywell Auditorium of the Lagos …

The Delta State Government has faulted construction company, O’Spaces Nigeria Limited over the collapsed building along Okpanam Road in the Asaba area of the state. The Delta State Ministry of Urban Renewal, in conjunction with the Delta State Urban and Regional Planning Board, conducted a thorough investigation into the incident and concluded that O Space was culpable for the avoidable …

Gov Rotimi Akeredolu ● Mulls far-reaching changes in cabinet, others The news of the return of ailing Governor of Ondo State, Arakunrin Rotimi Akeredolu, to the country from Germany has been conflictual. While a report published on August 31, 2023 by a section of the media said that Akeredolu had returned quietly to Ibadan from Germany, another report credited to …

Barcelona and Poland striker, Robert Lewandowski, is relishing his 2022/23 Laliga Pichichi top scorer honour awarded by Spanish national newspaper, Marca. Lewandowski was the top scorer in last season’s Laliga campaign with 23 goals from 34 games. He also bagged seven assists in the Laliga in the previous season. 2022/2023 was his first season in Spain after his transfer from …

The All Progressives Congress (APC) governorship candidate in Delta State, Ovie Omo-Agege, has resolved to challenge the ruling of the Appeal Court on the March 18 election in the state at the Supreme Court. The appellate court had earlier on Friday affirmed Governor Sheriff Oborevwori’s victory in the election. In a statement issued by his media adviser, Mr. Sunny Areh, …

The Abia State Governor, Alex Otti, on Tuesday, inaugurated the “Operation Crush” initiative as part of the state government’s efforts at tackling insecurity in the state. In his address at the event held at the Trademore Event Center in Umuahia, Otti said his administration had zero tolerance for any form of criminality in the state. The governor described security as …

FMDQ Exchange reported that the exchange rate between the naira and the dollar rate depreciated to N736.62/$1 on Thursday after activities came to a close in the Investors’ and Exporters’ window. In the report, it was learnt that the authorised dealers dropped the price of the United States’ currency by N34.97 kobo from the preceding day’s close of N771.59/$1. While …

Africa’s Global Bank, United Bank for Africa (UBA) Plc has assured customers of a memorable summer treat with the recent launch of exclusive benefits and discounts tied to its cards during this period.   Tagged, the #FunSummer campaign, customers are set to enjoy a wide range of privileges and savings between now and  the end of August 2023, and this …