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FCCPC ADDRESSES ONLINE BANKING DISRUPTIONS, CALLS FOR SWIFT RESTORATION OF SERVICES

< 1 mn read The Federal Competition and Consumer Protection Commission (FCCPC) has raised significant concerns over the ongoing disruptions in Nigeria’s online banking services, which have obstructed customer access to funds, payments, and essential transactions. In a statement, FCCPC’s Executive Vice Chairman, Mr. Tunji Bello, highlighted the adverse impact of these service interruptions on millions of customers, emphasizing […]

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NIGERIAN-HUNGARIAN CHAMBER OF COMMERCE PROMOTES BILATERAL TIES AND INVESTMENT OPPORTUNITIES

< 1 mn read The President of the Nigerian-Hungarian Chamber of Commerce, Mr. Spencer Onosode, has emphasized the importance of Nigeria-Hungary collaboration, noting its potential to drive investments and economic growth for both nations. Speaking at the chamber’s constitution event and the induction of 30 corporate entities and individuals, Onosode highlighted the need to tap into Nigeria’s resource-rich environment […]

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HALDEN MCCALL PLC LISTS ON NIGERIAN EXCHANGE WITH N11.98 BILLION ORDINARY SHARES

< 1 mn read Halden McCall PLC, a prominent Real Estate and Hospitality Group, has received approval to list N11.98 billion in ordinary shares by introduction on the Nigerian Exchange Limited (NGX). This listing involves 3.122 billion ordinary shares, priced at N3.84 per share, which will increase NGX’s market capitalization by N11.98 billion. The listing event is set for […]

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ACCESS CORPORATION’S CAPITAL RAISING AND FUTURE BANKING VISION

< 1 mn read Access Corporation Plc, parent company of Access Bank Limited, has announced its intentions to raise additional capital in U.S. dollars, with the first phase expected to conclude in the first half of next year. During a media briefing at the Corporation’s Lagos headquarters, Managing Director and Chief Executive Mr. Roosevelt Ogbonna highlighted the bank’s preference […]

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THE 1979 NIGERIAN PRESIDENTIAL ELECTION AND SUPREME COURT VERDICT

< 1 mn read Nearly 45 years ago at Onikan, Lagos, the Federal Electoral Commission’s representative, Mr. Menkiti, declared Alhaji Shehu Shagari as satisfying the requirements for presidency: “He has secured not less than one-quarter of the votes cast in at least two-thirds of all the states in the Federation, as mandated by subsection (1)(c)(ii) of the Electoral Decree.” […]

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SERAP CONDEMNS ALLEGED ASSAULT ON BOLT DRIVER BY HOUSE OF REPRESENTATIVES MEMBER

< 1 mn read The Socio-Economic Rights and Accountability Project (SERAP) has strongly condemned the alleged assault of a Bolt driver by Alex Ikwechegh, a member of the Nigerian House of Representatives from Abia State. This condemnation comes in light of a viral video that has sparked widespread outrage on social media. In the video, Ikwechegh is seen in […]

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OUTGOING GOV. OBASEKI OPTIMISTIC ABOUT LONG-LASTING REFORMS IN EDO STATE

< 1 mn read Outgoing Governor Godwin Obaseki of Edo State has expressed confidence that many of his administration’s reforms will endure beyond the tenure of the incoming governor-elect, Monday Okpebholo. In an interview with newsmen in Lagos, Obaseki shared his thoughts on the sustainability of his reforms after the change in government, emphasizing the institutionalization efforts made during […]

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APGA CONDEMNS REPRESENTATIVE ALEX IKWECHEGH FOR ALLEGED ASSAULT ON BOLT DRIVER

2 mn read The All Progressives Grand Alliance (APGA) has issued a strong condemnation of Alex Ikwechegh, the member representing Aba North and South in the Nigerian House of Representatives, following a viral video that allegedly shows him berating and threatening a Bolt driver in Abuja. In a statement released on Monday by the party’s National Publicity Secretary, […]

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X SUSPENDS HEBREW-LANGUAGE ACCOUNT FOR IRAN’S SUPREME LEADER AYATOLLAH ALI KHAMENEI

< 1 mn read The social media network X, owned by Elon Musk, suspended an account on Monday that published Hebrew-language messages purportedly from Iran’s Supreme Leader Ayatollah Ali Khamenei, just days after its launch. The account was briefly operational before it received a suspension notice stating, “X suspends accounts which violate the X Rules.” However, the platform did […]

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CBN AND IFC SIGN $1 BILLION AGREEMENT TO BOOST LOCAL CURRENCY FINANCING IN NIGERIA

2 mn read The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed an agreement to enhance local currency financing in Nigeria through a $1 billion investment. Announced in Washington DC, this partnership aims to improve financing opportunities for private businesses across key sectors in Nigeria, including […]

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GUNMEN ABDUCT RECTOR OF IMMACULATE CONCEPTION MINOR SEMINARY IN EDO STATE

2 mn read The Catholic Diocese of Auchi confirmed on Monday that gunmen, suspected to be herdsmen, attacked the Immaculate Conception Minor Seminary in Ivhianokpodi, Agenebode, Etsako East Local Government Area of Edo State, abducting the seminary’s Rector, Rev. Fr. Thomas Oyode. The incident occurred around 7 p.m. on Sunday during evening prayers and Benediction, with priests and […]

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FEDERAL GOVERNMENT TO ESTABLISH COMMAND AND CONTROL CENTRE FOR IRREGULAR MIGRATION

2 mn read The Federal Government announced on Monday in Abuja its plans to establish a Command and Control Centre aimed at addressing irregular migration into Nigeria. This initiative was disclosed by the Minister of Interior, Dr. Olubunmi Tunji-Ojo, during the induction ceremony for operational officers of the Command and Control Centre for Regular Migration. Dr. Tunji-Ojo emphasized […]

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UNIVERSITY OF ABUJA STAFF CONTINUE WORK DESPITE NATIONWIDE STRIKE CALL

< 1 mn read Members of the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) at the University of Abuja continued their regular duties on Monday, despite a nationwide strike called by their national bodies. The unions had directed their members in all public universities to embark on an […]

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Top Ten States with the Highest Cooking Gas Prices

< 1 mn read In September 2024, the cost of refilling a 12.5kg cooking gas cylinder surged across Nigeria, with significant price variations among states. According to the National Bureau of Statistics (NBS), the average price for a 12.5kg cylinder is highest in the South-East region at ₦16,957.29, followed by the South-West at ₦16,665.45. The North-East has the lowest […]

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Dufil Prima Foods Hosts 14th Annual Teachers’ Seminar in Lagos

2 mn read In a heartfelt celebration of Nigeria’s educators, Dufil Prima Foods, the makers of Indomie Instant Noodles, held its 14th Annual Teachers’ Seminar at the Nigerian Ports Authority Sports Event Hall in Surulere, Lagos. The event drew over 500 teachers from across the nation, emphasizing Indomie’s commitment to uplifting and supporting educators in their crucial roles […]

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MANCHESTER UNITED DISMISSES ERIK TEN HAG AS MANAGER

< 1 mn read Manchester United has officially confirmed the dismissal of Erik ten Hag as manager, following a disappointing 1-0 defeat to West Ham United in the Premier League. This loss marked the end of Ten Hag’s two-and-a-half-year tenure at Old Trafford. Under his leadership, the team struggled significantly at the start of the 2024–25 season, achieving only […]

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FAMILY OF HELICOPTER CRASH VICTIM PLEADS FOR BODY RECOVERY

2 mn read The family of Mr. Boris Ledum Ndorbu, one of the victims of the tragic Sikorsky SK76 helicopter crash operated by East Wind Aviation last Thursday, is urgently seeking the recovery of his body for a proper burial. Mr. Ndorbu was among the crew members en route to work for the Nigerian National Petroleum Corporation Limited […]

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AVIATION GROUND HANDLERS IN NIGERIA PREPARE FOR RATE INCREASES AMID ECONOMIC PRESSURES

2 mn read Aviation ground handling companies in Nigeria are reportedly gearing up to raise their service rates, citing that the current prices are no longer sustainable and do not reflect the prevailing economic realities. Industry stakeholders emphasize that the existing rates, which include N70,000 for partial handling of a B737, N100,000 for full handling, and N50,000 for […]

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