The Federal Government has initiated the training of 800 military officers as part of a newly established Special Operations Forces charged to counter terrorism, insurgency, transnational crimes and other asymmetric threats. The training, launched at Camp Kabala in Jaji Military…
Some constituents of Kogi Central Senatorial District have submitted a petition to the Independent National Electoral Commission (INEC), for the recall of Natasha Akpoti Uduaghan, the suspended lawmaker representing the district in the National Assembly. The petition, submitted by Charity…
Stock markets mostly rose on Monday as worries about fresh US tariffs penciled in for next week were tempered by hopes that US President Donald Trump was considering a more targeted approach. Investor sentiment has been jolted in recent…
The Board of the United Bank for Africa (UBA) has proposed a final dividend of N3.00 per share from the retained earnings account as of 31 December 2024. According to a filing on the Nigerian Exchange Limited (NGx) on Monday,…
9mobile, one of the mobile network operators in Nigeria, has responded to reports making rounds alleging its shutdown of operations in Nigeria. In a statement sent to journalists, the management of 9mobile categorically refuted the reports, describing them as “false…
Oil prices dropped on Monday as the market anticipated either an increase or decrease in supply by the Organization of the Petroleum Exporting Countries and allies (OPEC+), while also assessing the outlook for ceasefire talks aimed at ending the Russia-Ukraine…
Bitcoin and other leading cryptocurrencies extended their gains on Monday, hitting $87. As of 9:55 am WAT, Bitcoin rose 3.71% to $87,480, while Ethereum gained 4.05%, trading at $2,093, buoyed by positive investor sentiment despite concerns over upcoming U.S. tariffs…
The Chief Judge of the Federal High Court, Justice John Tsoho has created an ‘Insolvency Unit’ for the court, the court’s Chief Registrar, Sulaiman Hassan, has said. In a statement, the court said the creation of this Unit is done…
The management of LivingTrust Mortgage Bank Plc has announced the appointment of new directors. A notice sent to the Nigerian Security Exchange (NSE) on Monday, and signed by the bank’s Managing Director and Chief Executive Officer, Dr. Olumide Adedeji, said…
Suspended Rivers State Governor, Siminalayi Fubara, has refuted allegations linking him with militant groups, dismissing recent social media posts and videos as fake and malicious attempts to incite tension in the state. In a statement issued by his Chief Press…
UK finance minister Rachel Reeves said Sunday she plans to cut the costs of running government by 15 percent within four years, as she grapples with strained public finances. Her comments came ahead of her crucial Spring Statement on Wednesday…
Rivers State Governor, Siminalayi Fubara, has made his first public appearance since the declaration of a state of emergency in the state and his subsequent suspension from office. The governor was seen arriving for worship at the headquarters of Salvation…
The Board of Directors of Dangote Sugar Refinery Plc has announced the appointment of Mrs Yemisi Ayeni as an Independent Non-Executive Director. The board formally approved her appointment on March 20, 2025. Mrs Ayeni brings extensive financial and leadership expertise…
Troops of the Nigerian Army’s 6th Division have dismantled 19 illegal refineries, apprehended 12 suspects and recovered over 138,000 litres of stolen petroleum products during a joint week-long operation in the Niger Delta. Acting Deputy Director of Army Public Relations,…
The National Association of Polytechnic Students (NAPS) has lauded President Bola Tinubu for approving the inclusion of full-time Higher National Diploma (HND) graduates in the National Youth Service Corps (NYSC) scheme. Describing the policy shift as a landmark in the…