November 23, 2024
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Category: Business

MPR Hike: UBA, Zenith, 17 Different Banks Pay 8.18% Curiosity on Financial savings
Business

MPR Hike: UBA, Zenith, 17 Different Banks Pay 8.18% Curiosity on Financial savings

CBN Governor, Olayemi Cardoso Aligning with the Central Bank of Nigeria’s (CBN) recent monetary policy adjustment, Nineteen deposit money banks are now offering an 8.18 percent interest rate to customers for their savings. Commercial banks…

NGX Sustains Bullish Pattern as Buyers  Achieve N167bn
Business

NGX Sustains Bullish Pattern as Buyers  Achieve N167bn

Nigerian Stock Exchange with market operators The Nigerian equity market recorded N167bn gain on Wednesday buoyed by AustinLaz & Company, Tantalizers, Wapco, and other gainers. The All-Share Index and market capitalisation rose by 0.26 per…

Once more, British Courtroom Grants Chinese language Agency Proper to Seize Nigerian $25m Property
Business

Once more, British Courtroom Grants Chinese language Agency Proper to Seize Nigerian $25m Property

London Court Fines Nigeria $8.9bn A court in the British Virgin Islands has, again, granted Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese firm, the authority to seize another £20 million ($25 million) from Nigeria’s…

Famend Tutorial, Professor Umar Pate, Pronounces the Passing of His Beloved Mom
Business

Famend Tutorial, Professor Umar Pate, Pronounces the Passing of His Beloved Mom

By Emmanuel Kwada It is with great sadness that we announce the passing of Diddi Husainatu, beloved mother of Professor Umar Pate, Vice Chancellor of the University of Kashere. She passed away peacefully on Wednesday,…

IGP sues Senator Andy Uba, others over alleged N400m fraud
Business

IGP sues Senator Andy Uba, others over alleged N400m fraud

The Inspector-General (I-G) of Police, Mr Kayode Egbetokun, has sued former Senator representing Anambra South, Andy Uba, and two others, for alleged fraud. The I-G, in a two-count charge marked: FHC/ABJ/CR/538/2024 filed before Justice Inyang…

Senate Seeks Fast Elimination of CCT Chairman Over Misconduct Allegations
Business

Senate Seeks Fast Elimination of CCT Chairman Over Misconduct Allegations

By Emmanuel Kwada The Nigerian Senate has unanimously called on President Bola Ahmed Tinubu to remove Danladi Umar from his position as chairman of the Code of Conduct Tribunal (CCT) following serious allegations of misconduct…

JUST IN: President Tinubu Sacks Nnamdi Azikiwe College Council VC, Registrar
Business

JUST IN: President Tinubu Sacks Nnamdi Azikiwe College Council VC, Registrar

By Samaila Emmanuel Bzugu In a significant decision aimed at upholding the integrity of Nigeria’s higher education system, President Bola Ahmed Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe University, Awka,…

PDP Performing Nationwide Chairman, Amb. Umar Iliya Damagum, Leads Essential Assembly with State Chairmen
Business

PDP Performing Nationwide Chairman, Amb. Umar Iliya Damagum, Leads Essential Assembly with State Chairmen

By Samaila Emmanuel Bzugu In a significant development within the People’s Democratic Party (PDP), Acting National Chairman Amb. Umar Iliya Damagum convened a meeting with the party’s state chairmen from all 36 states, including the…

The neglected intersection: Local weather, incapacity, and training in Nigeria
Business

The neglected intersection: Local weather, incapacity, and training in Nigeria

For 14-year-old Amina, navigating her way to school in Kano, Nigeria, is more than a daily routine—it’s a test of resilience. Living with a mobility impairment, Amina relies on crutches to reach school. But during…

Ministry of Training new dance steps!
Business

Ministry of Training new dance steps!

It took months of deliberation before Nigeria’s 16th president assembled his ministerial team, with 48 ministers sworn into office on August 23, 2023. The cabinet was a collection of familiar faces—former political officeholders embarking on…

World Diabetes consciousness month – A name to motion for Africa
Business

World Diabetes consciousness month – A name to motion for Africa

November is World Diabetes Awareness Month, and World Diabetes Day is marked on 14 November. Non-communicable diseases (NCDs) like diabetes and certain cardiovascular conditions can, in many cases, be attributed to forces including rapid, unplanned…

Complicit and rigging: What INEC discovered from the 2024 Edo governorship election
Business

Complicit and rigging: What INEC discovered from the 2024 Edo governorship election

Recently, the Chairman of the Independent National Electoral Commission (INEC) claimed in Akure, Ondo State, that the commission had learned lessons from the September 21 Edo governorship election. However, the lessons INEC seems to have…