archiveSeptember 2023

Nigerian Exchange Group Plc and its subsidiaries deeply mourn the loss of one of its founding fathers, Pa Akintola Williams, CFR, CBE, FCA, who died on Monday at the remarkable age of 104. Pa Williams was instrumental in establishing the Nigerian Stock Exchange (NSE), now Nigerian Exchange Group Plc following...

Justice O. A. Egwuatu of the Federal High Court sitting in Maitama, Abuja on Thursday, September 14, 2023 convicted ten people on one count separate charges bordering on internet fraud. The defendants who were prosecuted by the Makurdi Zonal Command of the Economic and Financial Crimes Commission (EFCC) are Ikyegh...

Lagos State’s Governor, Babajide Sanwo-Olu, has announced the reassignment of portfolios for two of his cabinet members. The governor revealed the designations on Friday, during the ongoing 2023 Onboarding retreat program for the State Executive Council and Permanent Secretaries. The theme of the retreat is ‘Navigating Government Excellence: The Leadership...

The spokesman of the Lagos State Police Command, Benjamin Hundeyin, has said that the body of the late musician, Ilerioluwa Oladimeji Aloba known as Mohbad can be exhumed for autopsy. Hundeyin said this late Thursday night during an Instagram live session with media personality Ifedayo Olarinde also known as Daddy...

  The authorities of the University of Lagos (UNILAG) Akoka have finally cut down its obligatory and some other fees being charged to the students. The university reduced the fees on Thursday evening following the marathon meeting that lasted for more than five hours with the leadership of the National...

    Nigeria’s inflation surged by 1.72 per cent to 25.80 per cent in August 2023, from 24.08 per cent recorded in July. This is according to the Consumer Price Index (CPI) report for August 2023 released by the National Bureau of Statistics (NBS) on Friday. The significant increase reflects...

  The Peoples Democratic Party (PDP) Board of Trustees (BoT) on Thursday expressed optimism the Supreme Court would reverse the judgement of the presidential election petition tribunal on the February 25 election. The five-member panel led by Justice Haruna Tsammani on September 6 dismissed the petition filed by the PDP...

  Power supply has been restored after the national electricity grid collapsed on Thursday. The grid collapse resulted in a massive loss of supply to power distributors nationwide. But hours after this, the Eko Electricity Distribution Company (Eko Electric), said power supply has been restored from the grid. “Dear Valued...

  President Bola Ahmed Tinubu, Thursday said that the former governor of Rivers state, Nyesom Wike, is not just the FCT Minister but his adviser. Tinubu stated this when he welcomed the high-powered 62-man delegation from Rivers state, at the Presidential Villa, Abuja. He told Rivers State stakeholders that he...

President Bola Tinubu has approved the appointment of Hon. Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President has directed the current FIRS Chairman, Mr. Muhammad Nami, to proceed on three months of pre-retirement leave, as provisioned by Public Service Rule (PSR)...