The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability. The apex bank’s Acting Director of Corporate Communication Department, Sidi Ali, disclosed this in …
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President Bola Tinubu has signed the National Anthem Bill 2024, which reinstates the old national anthem, “Nigeria, We Hail Thee.” Senate President Godswill Akpabio made this announcement on Wednesday, May 29, at a joint session of the National Assembly that also commemorated the 25th anniversary of Nigeria’s Fourth Republic. According …
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Kano State High Court presided over by Justice Amina Adamu Aliyu on Monday, May 27, ordered the commissioner of police in Kano to immediately evacuate Aminu Bayero from the Nasarawa palace where he is presently staying. The court issued an interim injunction restraining Alhaji Aminu Ado Bayero and four other …
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President Bola Tinubu has officially flagged off the 700Km Lagos-Calabar coastal highway project, estimated to cost about N15 trillion. Tinubu who cut the tape at exactly 6:03pm in Lagos was flanked by Minister of Works, Dave Umahi, Senate President Godswill Akpabio and about eight governors, including the …
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Edo State Government has began the payment of the N70,000 new minimum wage to workers in the state this month in fulfillment of the promise to increase the minimum wage from May, 2024. It would be recalled that Governor Godwin Obaseki had, during the inauguration of the Labour House in …
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Peter Odili ex-Rivers State Governor, has said it was God that destined Sir Siminalayi Fubara to become the governor of the state. Addressing the governor while inaugurating the dualised Omoku-Egbema Road constructed by the Fubara administration, Odili said: “Your Excellency, the man God destined to govern Rivers State; a humble …
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There was panic at a Federal High Court in Abuja on Thursday, as detained Binance executive, Tigran Gambaryan, who is facing a money laundering charge, slumped in the open court over alleged ill-health. The development occurred shortly after the matter was called for trial continuation before Justice Emeka Nwite. …
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Aliko Dangote, Africa’s richest person, has announced that Nigeria will cease importing petrol by June. Speaking at the Africa CEO Forum Annual Summit in Kigali, Dangote revealed that his refinery will commence production next month, meeting Nigeria’s petrol needs and eliminating the need for imports. “Right now, Nigeria has …
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Nyesom Wike, the immediate past governor of Rivers State, has apologised to the Rivers people for appointing Governor Siminalayi Fubara as his successor, claiming that he never instructed anyone to worship him in order to gain power. Wike, the Minister of Federal Capital Territory (FCT), issued the apology on Saturday …
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Reversing UTME mass failure, JAMB Registrar, Ishaq Oloyede, Speaks NIGERIA’S hollow education bubble has burst. This blew open on April 29 when the Joint Admissions and Matriculation Board released the results of the University Matriculation Examination. The results showed that 76 per cent of the candidates who sat the 2024 UTME …
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