The annual generated revenues of five tier 1 banks in the 2023 financial year amounted to ₦9.51 trillion despite the country’s economic challenges. The financial report was culled from the banks’ audited financial statements. It showed that the tier 1 banks include Access Holdings Plc, FBN Holdings Plc, Guaranty Trust Holding Company (GTCO) Plc, United…
The German authorities said the arrested suspects belong to a group involved internationally in multiple criminal activities. The German police have rounded up no fewer than 11 Nigerian citizens identified as members of the Black Axe mafia group behind a large-scale cross-national dating scam. The arrests were made during a nationwide coordinated operation on Tuesday,…
In his letter of resignation earlier on Wednesday, Adangor stated: “I am no longer willing to continue to serve in the administration of Gov. Fubara in any capacity whatsoever. Rivers Commissioner for Finance, Mr Isaac Kamalu, resigned from his appointment on Wednesday. He is the second commissioner to resign from the cabinet on Wednesday after…
Zulum also decried the porous borders in Borno and the need to secure the state bordering three countries, to contain movement of small arms fueling insecurity. Governor Babagana Zulum of Borno has urged the Nigerian Army to establish a military base in Sambisa Forest, to effectively stem terrorists’ activities. He stated this during a courtesy…
On March 12, the EFCC filed an appeal against the interim injunction because the court could not stop the commission from carrying out its statutory responsibility. The Economic and Financial Crimes Commission (EFCC), has filed a notice of withdrawal to discontinue an appeal against an order of a Kogi high court restraining the agency from…
JAMB Registrar said the incidents of parents impersonating their children for UTME are becoming alarming. Ishaq Oloyede, Registrar of the Joint Admissions and Matriculation Board (JAMB) has disclosed that a father was recently arrested for helping his son to write the Unified Tertiary Matriculation Examination (UTME). Oloyede said this while fielding questions from newsmen shortly…
Ganduje said the Tinubu administration was creating the right environment for the country’s development and economic prosperity. Dr Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has said that the party would provide solutions to the challenges bedevilling the country. Ganduje stated this during the APC grand finale campaign and presentation of…
The governor commended Tinubu on the distribution of palliatives to states to cushion the effect of economic hardship. Gov. Babajide Sanwo-Olu of Lagos State has appealed to leaders of Community Development Areas (CDA) and Local Government authorities not to hoard palliatives put together by the state government for vulnerable residents. The governor appealed for the…
The policy is to ensure a sustainable, efficient, and reliable transportation system that would attract investors and encourage public-private partnerships. The Governor of Lagos State, Babajide Sanwo-Olu, says the Lagos State Transport Policy will be unveiled in May. Sanwo-Olu said this at the unveiling of the Global Transport Policy Annual Transport Roundtable/Bilingual Magazine on Wednesday…
The deceased was shot dead at the after-party of the convocation he went to celebrate his brother. An operative of the disbanded Special Anti-Robbery Squad (SARS) of the Nigeria Police Force (NPF), whose identity is yet to be disclosed, has been alleged to have shot dead a corp member, Damilola Iyanda. It was gathered that…
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