archiveOctober 2021

Washington, Oct. 28, 2021 (dpa-AFX/NAN) The United States (U.S.) President Joe Biden will embark on a five-day tour of Europe on Thursday to attend two crucial global summits, according to the White House. The White House further said that Biden would first head to Italy for the G20 Summit, an...

The Appeal Court sitting in Port Harcourt, Rivers state will on Friday deliver ruling on a suit by the former national chairman of the Peoples Democratic Party(PDP) Uche Secondus against the party. The leader of the three-man Appeal panel, Justice Haruna Tsamani, reserved the judgement shortly after parties made their...

The Founder, Afe Babalola University, Ado Ekiti, Aare Afe Babalola, on Wednesday thumbed up the university’s multi-system hospital for the various exploits it had been doing since establishment, saying it had come to end outward medical tourism in Nigeria. Babalola, who spoke against the backdrop of the first kidney transplant...

The Inspector General of Police (IGP), Usman Alkali Baba, says he has not received a formal extradition request for Deputy Commissioner of Police (DCP), Mr Abba Kyari following his indictment by a US Court. Kyari had earlier in the year been accused of being a conspirator in a 1.1-million-dollar fraud...

Nnamdi Okonkwo succeeds him Adeduntan, Shobo’s tenure extended The Board of FBN Holdings Plc (FBN Holdings) has announced that Mr. UK Eke, MFR, is poised to retire as Group Managing Director, FBNHoldings, Nigeria’s foremost banking and financial services group, following the successful completion of his two-term tenure and his Notice...

Professor Mahmood Yakubu, the Chairman of Independent National Electoral Commission (INEC), has said that the commission was ready for the November 6 governorship election in Anambra. He said this on Wednesday at a meeting with the Joint National Assembly Committee INEC and Electoral Matters to engage with the commission over...

    Trading on the Nigerian stock market returned to bearish territory on Wednesday with market capitalisation dropping by N13 billion due to profit taking in FBN Holdings (FBNH). Speficially, the market capitalisation which opened at N21.821 trillion dropped by N13 billion or 0.06 per cent to close at N21.808...

The Central Bank of Nigeria (CBN) has alerted Nigerians over fake social media handles of eNaira, the recently launched digital currency. The apex bank's Director, Corporate Communications, Osita Nwanisobi said this in a disclaimer notice issued on Wednesday. Nwanisobi also advised citizens to ignore claims that the CBN, among other...

   Prof. Lauren Cohen, L. E Simmons Professor of Business Administration, Harvard Business School, United States of America and other stakeholders on Thursday reeled out recommendations to deliver the success of the Central Bank Digital Currency (CBDC). They spoke at a symposium organised by the Financial Services Group Lagos of...

The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for classifying the shareholdings of Tunde Hassan-Odukale and his related parties into two parts of 4.16 per cent and 1.20 per cent respectively. There has been a controversy since Femi Otedola acquired...