archive2025

The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at ₦10 billion, to support female entrepreneurs across Nigeria. The bank’s Managing Director, Dr. Olasupo Olusi, announced the initiative on Thursday in Lagos, emphasising that the funding is designed to empower women...

The Senate received a letter from the president seeking approval for the emergency rule. The Senate has commenced an executive session over a correspondence received from President Bola Tinubu at the start of the plenary, formally seeking constitutional approval for a state of emergency proclamation in Rivers State. During the...

The Economic and Financial Crimes Commission (EFCC) on Wednesday, March 19, 2025, arraigned a former Deputy Director , Highways,   Federal Ministry of Works and Housing,  Augustine Ojo Olowoniyan, alongside a surveyor, Sulaiman Abdulkadir Muhammed of the Department of Highways and Planning before Justice Jude Onwuegbuzie of the Federal Capital Territory,...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State. The company in a press statement on Wednesday afternoon by its Chief Corporate Communications Officer, Mr. Olufemi Soneye, what occurred was a flare incident, which has...

The Senate on Wednesday differed a motion to approve the proclamation of a state of Emergency in Rivers State till the next legislative date. The Red Chamber had earlier has stepped down the motion which was its first order of the day until 3pm, without providing much explanation for the...

Dangote Petroleum Refinery and Petrochemicals has suspended the sale of petrol and other products to marketers in Naira. The company management announced the development in a statement it issued to the media on Wednesday. According to the statement, the company said the development was as a result of the fact...

The Board of Unity Bank Plc has announced the appointment of Mr. Ebenezer Kolawole (FCA) as the Acting Managing Director/Chief Executive Officer following the retirement of Mrs. Oluwatomi Somefun who has completed her tenure as MD/CEO. The appointment was announced at the Bank’s 18th Annual General Meeting (AGM), held in...

A former President of the Nigeria Union of Journalists (NUJ), Lanre Ogundipe, on Wednesday, faulted the state of emergency declared by President Bola Ahmed Tinubu in Rivers State. In a statement made available to journalists, Ogundipe said the step was not the best solution to the crisis in the state....

President Bola Ahmed Tinubu’s declaration of a state of emergency in Rivers State and the suspension of Governor Siminalayi Fubara have sparked mixed reactions across the country. The Nigerian Bar Association (NBA), legal experts, stakeholders, the Peoples Democratic Party (PDP), Atiku Abubakar, Femi Fani-Kayode, Ijaw Youths, and others have voiced...

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 election, says President Bola Tinubu’s suspension of Siminalayi Fubara as governor of Rivers is “an unconstitutional overreach”. On Tuesday, the president declared a state of emergency in Rivers following the prolonged political crisis and instability in the state....