archiveOctober 2023

The Federal Government has vowed to licences of under-performing electricity distribution and generation companies in Nigeria. The Minister of Power, Adebayo Adelabu disclosed this at the opening ceremony of the three-day inaugural Nigerian Electricity Supply Industry (NESI), Market Participants and Stakeholders Roundtable, NMPSR, in Abuja on Monday. He lamented that...

  The First Lady, Sen. Oluremi Tinubu, on Tuesday, hailed the verdict of the Supreme Court affirming the victory of her husband, Bola Tinubu, as the winner of the 2023 presidential election, saying “This is the lord’s doing”. Speaking during the Imo State All Progressives Congress (APC) Women Campaign Rally...

  Governor Ademola Adeleke of Osun state has approved the dissolution of statutory commissions with immediate effect. In a circular by the Secretary to the State Government, Hon Teslim Igbalaye, the dissolution takes immediate effect. The affected commissions according to the SSG are the State Civil Service Commission, the Judicial...

Mr Zak Adedeji on Tuesday appeared in the Senate for his confirmation as Chairman of the Federal Inland Revenue Service (FIRS). The upper chamber commenced Adedeji’s screening for his confirmation, two weeks after President Bola Tinubu appointed his former Special Adviser on Revenue as the new FIRS boss. Tinubu had...

  The Court of Appeal in Abuja has set aside the October 9 judgment given by Justice Donatus Okorowo of the Federal High Court, Abuja nullifying the nomination of Timipre Sylva as the candidate of the All Progressives Congress (APC) in the Bayelsa State governorship election scheduled for November 11....

    The Central Bank of Nigeria (CBN) has said there is no plans for the redenomination of the Naira, set to take effect from January 2023. The response from the CBN comes in light of an assertion implying its intention to redenominate the nation’s official currency. In a statement...

Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’ (BAFI) Awards 2023. The bank was presented the award at a prestigious dinner event held on Saturday, 28...

Minister of Budget and Economic Planning Atiku Bagudu has stated that N18 billion will be granted to the Independent National Electoral Commission (INEC) for conduct of the governorship elections in Bayelsa, Kogi, and Imo States. He stated this while briefing State House media following the Council meeting, which was presided...

Nigerian singer Abdulazeez Fashola, aka Naira Marley, and his associate, Samson Eletu, popularly called Sam Larry, have filed a suit against the police and a Lagos magistrate, Adeola Olatunbosun. The lawsuit is in response to their prolonged detention, dating back to Wednesday, October 4, on charges related to their alleged...

  Chief of Staff to the Oyo State Governor, Hon Segun Ogunwuyi (second right); Commissioner for Budget and Planning, Prof Musibau Babatunde (right); Director General, Oyo State Investment of Public Private Partnership Agency, Barr Olatilewa Folami (left); presenting dummy Cheque to Mr Fadipe Sunday; one of the beneficiaries of Oyo...