push for conduct of all elections in one day The House of Representatives will on resumption from the 8-week annual recess commence debate on the general principles of a bill seeking to conduct elections to the offices of President, State Governors, National Assembly, State Houses of Assembly, and Local Government Area Councils simultaneously. According to […]
Continue Reading
Seplat Energy PLC will pay N28 billion in interim dividends to its shareholders for the second quarter of 2024. A corporate disclosure on the NGX website shows that the company will use an exchange rate of N1,570.99 per dollar—NAFEM’s closing rate on August 12—for its Q2 2024 interim dividend payment. With an interim dividend of […]
Continue Reading
Zenith Bank has started the process to raise N290bn fresh capital through rights issues and a public offer, to bolster its expansion efforts The bank is issuing 5.23 billion shares at N36 each to existing shareholders and 2.77 billion shares at N36.50 each to the public. This was disclosed by the Group Managing Director/Chief Executive […]
Continue Reading
No fewer than 25 people were feared dead, yesterday in an accident on the Ojo-Iwo Road section of the Ibadan-Lagos expressway, near the Agbowo/Ajao area in Oyo State. Also, the Federal Road Safety Commission, FRSC, yesterday, said 12 persons were burnt to death, while four others sustained injuries, in an accident that occurred on Lagos-Ibadan […]
Continue Reading
President Bola Tinubu has signed into law a bill seeking to increase the salaries and allowances of judges in the country by 300 percent. The judicial office holders’ salaries and allowances bill, which was passed by the senate in June, will allow the Chief Justice of Nigeria (CJN) to earn N64 million annually. In a […]
Continue Reading
Port-Harcourt-refinery The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence operations after about six postponements. It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the refinery have continued to witness […]
Continue Reading
Dr Adeoye It is important to state that President Bola Tinubu is known for making men. People close to him have confirmed that he does not turn down any requests for help. He is said to be a giver; perhaps he learned that from Chief MKO Abiola. For over 30 years, he has had his […]
Continue Reading
L-R: Vice President Kashim Shettima, Former President Goodluck Jonathan, President Bola Tinubu, Former President Muhammadu Buhari, and the Senate President, Godswill Akpabio, at the Council of State meeting held at the Aso Rock Villa, Abuja. The Federal Government has traced at least N83 billion in cryptocurrency and fiat money channeled toward the recent nationwide protests. […]
Continue Reading
CNG buses The Federal Government has taken delivery of 70 hybrid Jet Mover buses from Jet Motor Company in a bid to enhance the country’s transportation sector. The Nigerian automobile manufacturer made this disclosure in a statement on Monday. The buses, which operate on compressed natural gas and premium motor spirit, are expected to provide […]
Continue Reading
The management of the Dangote petroleum refinery has stated that it has not fixed the price of the Premium Motor Spirit, popularly called petrol. The Group’s Chief Branding and Communications Officer, Anthony Chiejina, made this known in a statement on Tuesday while reacting to a report with the headline “Marketers Project N600/litre for Dangote Petrol”. […]
Continue Reading
