archiveJuly 2023

In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) on Monday, 10 July 2023. This milestone signifies closer collaboration between NGX...

The United Action Front of Civil Society, the umbrella platform for the organised Civil Society on issues of Governance and Democracy said the European Union report on Nigeria’s 2023 general elections calls for a sober reflection not grandstanding, sponsored protest and attacks. The group noted that the frenzy and undiplomatic...

Gunmen believed to be kidnappers abducted the state chairman of the All Progressives Congress (APC) in Ekiti, Paul Omotosho. It was reported that Omotosho was abducted Saturday evening while travelling on the Agbado–Imesi-Ekiti road in the Gbonyin Local Government Area of the state. A reliable source that confirmed the incident...

The Nigerian aviation industry experienced a significant number of flight delays in the first quarter of 2023, according to a report from the Nigeria Civil Aviation Authority (NCAA). Among 36 domestic and international airlines, a total of 11,321 (over 53%) flight delays were recorded out of 21,295 flights. The report...

  Oba Otudeko’s Honeywell Group has reportedly bought the largest shares of First Bank of Nigeria Holdings Plc in a cross deal worth N87.8 billion. The shares which Otudeko bought at N19 per unit are the largest volume of First Bank shares traded in a single day since 2012 when...

President Bola Ahmed Tinubu has described the late founder of the First City Monument Bank (FCMB); Otunba Michael Olasubomi Balogun as an institution in the Nigerian banking sector and a model for the generation of bankers. President Tinubu, who gave the description at the funeral service, held for the repose...

  Ekiti APC Chairman, Omotosho, Kidnapped     Gunmen believed to be kidnappers abducted the state chairman of the All Progressives Congress (APC) in Ekiti, Paul Omotosho. It was reported that Omotosho was abducted Saturday evening while travelling on the Agbado–Imesi-Ekiti road in the Gbonyin Local Government Area of the...

A former Senator representing Bauchi North Senatorial District, Muhammed Bulkachuwa, has approached a Federal High Court in Abuja to bar the Independent Corrupt Practices and Other Related Offences Commission (ICPC) from investigating and arresting him over the comments he made during the valedictory session of the ninth Senate. Bulkachuwa had...

  showcasing Nigeria's vibrant fashion industry Polaris Bank, Nigeria's leading digital retail bank, is partnering Eventful Limited to host the 2023 edition of The Fashion Souk scheduled to hold at Harbour Point facility on Victoria Island, Lagos from today Saturday, July 8th, and tomorrow Sunday, July 9th, 2023. The Fashion...

The Governorship Election Petition Tribunal sitting in Enugu State has commenced sitting on the petition filed by the Labour Party (LP) and its candidate Chijioke Edeoga against the election of Dr Peter Mbah as the governor of the state after the Sallah break. At the resumed hearing on Friday, the...