archiveApril 2025

The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014. The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it...

Lafarge Africa Plc, a leading innovative and sustainable building solutions company and manufacturer of a range of cement brands successfully held its 66th Annual General Meeting (AGM) in Lagos on Friday. The AGM, attended by shareholders, board members, and stakeholders, reviewed the company’s exceptional 2024 financial results and set the...

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to target economic stimulus packages, increase investment in agriculture, and foster a predictable tax environment to tackle the projected rise in poverty. NACCIMA came out with this position following the forecast of the...

Lagos State Traffic Management Authority (LASTMA), on Sunday, revealed that a cyclist died along Obafemi Awolowo Way after colliding with a moving truck. In a statement, LASTMA claimed that preliminary investigations indicated that the cyclist, while attempting a maneuver from Kudirat Abiola Way towards ‘Radio’ along Obafemi Awolowo Way, collided...

Kaduna State Governor, Uba Sani, has commended President Bola Tinubu for appointing Oluwatosin Ajayi as Director General of the Department of State Services, citing the agency’s recent successes in tackling security challenges across the country. The governor made this statement after the DSS Kaduna State Command carried out 34 successful...

The President of the Nigeria Rescue Mission Organisation and former president of Buhari Youth Organisation (BYO), Jibril Mustapha, has called on former President Goodluck Jonathan to contest the 2027 presidential election to save Nigerians from hunger and other economic hardship. Mustapha made the call in a statement on Sunday, April...

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of ₦46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank with funds exceeding the insured limit of ₦5 million. NDIC’s Acting Head of Communication and Public Affairs, Hawwau Gambo, who disclosed this in...

The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, has said the country has secured $5.5bn in private sector capital. Pate, who disclosed this on his X handle on Sunday, said the investment was achieved under the leadership of President Bola Tinubu. He also said the country signed...

The President of the Nigerian Baptist Convention Rev Israel Akanji has noted that prayers remained an act of faith and called on Nigerians to focus on God, who solves problems rather than the problems. The Nigerian Baptist Convention says individual closeness to God remained the greatest factor in addressing various...

The National Drug Law Enforcement Agency (NDLEA) has raided an 80-room new hotel in Victoria Island, Lagos, used as cover for distributing illicit substances and after hours of combing the rooms recovered 589 bags of Canadian Loud, a strong strain of cannabis, with a total weight of 417.3 kilograms, worth...