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Union Bank plans share reduction

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To address the huge deficit it had in 2018 financial year, Union Bank wants to reduce the credit   balance in its share premium account. The bank had N54.458billion at the end of 2018 as accumulated permanent losses from legacy transactions. The lender in a release sent to the Nigerian Stock Exchange (NSE) on Thursday, explained that the restructuring of its ...

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10 reasons why FG via NBC shuts AIT/Raypower indefinitely

(1 Citizen complaints… Following monitoring reports and complaints from concerned Nigerians about the broadcast contents of Daar Communications Plc’s AIT/Raypower broadcast stations, (2) Several warnings… NBC have over the last 2 years summoned on several occasions management of the company to address issues regarding the operations of AIT/Raypower with the company, particularly, Political Platform and Kakaaki aired on AIT. (3) ...

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Dapo Abiodun appoints Somorin as CPS

Sunday Olakunle Somorin has been named as Chief Press Secretary to Ogun State governor,Dapo Abiodun Witty, brainy and highly creative journalist, kunle Somorin who served as a youth corper in old Gongola state..now Adamawa and Taraba in 1991/92, has superb human relation..he gets things done with ease as a good networker. Currently pursuing his PhD in Communications at the University ...

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Ganuje shocks Sanusi with query on N3.4b fraud, demands reply within 48 hrs

Ganuje, the Kano State governor is not relenting in his anti Sanusi project, after cancelling the usual courtesy visit afer celebration yesterday, he has asked the Emir of Kano, Lamido Sanusi, to explain within 48 hours his stance on the alleged misappropriation of N3.4 billion by the emirate. The query was delivered on Thursday and signed by the Secretary to ...

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Ronaldo scores 53rd hat-trick of his career as Portugal decimates Switzerland in Nations League final

Cristiano Ronaldo scored a hat-trick to give Portugal a 3-1 win over Switzerland in a Nations League semi-final featuring an extraordinary VAR incident on Wednesday night. Ronaldo blasted Portugal ahead from a free kick in the 25th minute, his first goal for his country for nearly a year, but the Swiss equalised with a penalty kick after halftime which will raise ...

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Heritage Bank Now Collecting Kid-Friendly Food Donations

For some, summer marks a time of fun, relaxation, and enjoyment. However, for some children in need, summertime also marks the start of a bigger struggle: No longer having access to regular meals provided by their school. One in six children live in a household struggling to afford food. The hunger crisis is real, and, in summer, it only gets ...

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Russian President Vladimir Putin strikes Africa again!

Africa will never be independent, Africans believe in Europeans, Americans and Chinese more than themselves. They do not trust each other, African engineers / technocrats do not have the platform to practice what they have studied. They hire Chinese people to build roads for themselves. A white man will commit a crime in Africa but no action will be taken ...

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Sanwo-Olu introduces phone lines over potholes in Lagos

Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday restated his commitment to collaborate with residents and people of the state for good governance… his government will soon release emergency hotlines to the public to call the Lagos State Public Works for immediate fixing of potholes and roads that need urgent repairs. “Let us have continuous collaborative engagements. We will continue to ...

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Uncovered !..List of Reps members without a bill since elected !

Bench warmers, sleeping lawmakers, incompetent, unvaluable, lacking capacity…After pocketing over N62bn, 161 Reps are yet to sponsor a bill…it is alarming! At least 161 members of the House of Representatives are yet to sponsor a bill more than three years after assuming office..the lawmakers’ inability to sponsor bills was because they lack capacity. Of the 360 members in the House, ...

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Revealed..Eniola Bello’s wife died of cancer, Buhari, Saraki condole

Managing Director, THISDAY Newspaper, Mr. Eniola Bello, has confirmed the death of his wife on Tuesday, at New Cross Hospital, Wolverhampton, United Kingdom after a three-year battle with breast cancer. In a statement he personally signed: “With deep pains yet thanksgiving to God, this is to formally announce the eternal transition of my friend, companion, critic, lover and wife of ...

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