archiveOctober 2023

The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has described controversial Islamic scholar, Sheikh Ahmad Gumi, as a Taliban in Nigeria. Ayodele said Gumi wants to use the issue with the Minister of the Federal Capital Territory, FCT, Nyesom Wike, to cause a religious crisis in Nigeria. In...

  A former Minister of Finance, Olusegun Aganga, has explained that the naira would continue to experience a free fall if Nigeria remains an import-dependent country. He said it was not a wise decision to defend the naira with billions without appropriate investments in the manufacturing sector to drive the...

Former Secretary to the Economic and Financial Crimes Commission (EFCC) Dr.  George Ekpungu has charged the newly appointed Secretary, Mr Muhammad Hammajoda, to be loyal to the EFCC and the Executive Chairman. He gave the charge on Friday, October 20, 2023 while handing over to the new Secretary.  According to...

  A Nigerian company, Tethys Ltd., has emerged as the sole brand licensee for Texaco lubricants across the country. Speaking at the Chevron-Tethys Texaco Lubricants relaunch on Thursday in Lagos, Mr Jaap Jan Mohlmann, Manager, Distributor and Export Sales Chevron, said the company was happy for its reentrance into the...

  President Bola Tinubu has appointed Dr Olasupo Olusi as the Managing Director of the Bank of Industry (BOI) for an initial term of four years. According to a statement by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, Olusi’s appointment followed the voluntary retirement of BOI’s...

Newly appointed Executive Chairman of Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede assumed office on Thursday, October 19, 2023 with clear-cut agenda of re-positioning and re-focusing the Commission for optimal effectiveness. According to a press statement by Dele Oyewale, Head, Media & Publicity of the commission, the EFCC’s...

At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three (3) memorandum of Understandings (MoUs)...

  The Guild of Corporate Online Publishers (GOCOP) has congratulated  Mr. Olufemi Oladapo Soneye over his appointment as Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). The association also congratulates its pioneer president, Dr. Malachy Agbo, who was recently sworn in by the Governor of...

The Supreme Court will commence hearings on the appeal by the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, on Monday, October 23, 2023. Atiku, who came second in the election, had approached the presidential election tribunal to nullify the February 25 election, in which the Independent National...

  reels out legislative action to boost economy   The Speaker of the House of Representatives, Hon. Abbas Tajudeen, on Thursday, expressed concern over the high proportion of revenue spent on debt servicing, which has constrained the fiscal space for other developmental needs. Speaker Abbas who expressed the concern during...