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President Muhammadu Buhari, on Thursday, nominated Edward Lametek Adamu to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN) to represent the North-West geo-political zone. The nomination of Mr. Adamu put an end to a desperate scheme by the Chief of Staff to the President, Abba Kyari, to impose the discredited former Aso Savings boss, Usman Hassan ...
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February, 2018
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2 February
Obasanjo lunches coalition in Ogun ,says Buhari is tribalistic
Former President Olusegun Obasanjo has berated the National Assembly and the Federal Character Commission for failing to check the excesses of President Muhammadu Buhari in the uneven distribution of public offices. Obasanjo also said his recent open letter to President Buhari was not borne out malice or ‘bad belle’ but out of his deep concern for the situation in the ...
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2 February
Buhari asked me to be in the middle as the most senior -Obasanjo
Obasanjo has said “I had wanted him (Buhari) to stand in the middle before he said I am the most senior and the photograph went viral on the social media.”..“I went to him just before the beginning of the opening of the AU summit. I had gone round to greet some few other Presidents, should I ignore him? So, I ...
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2 February
Obasanjo in name theft scandal..’you’re small masquerade’-he replies
A group, Coalition for Nigeria (CN), has accused former President Olusegun Obasanjo of adopting its name to launch his Coalition for Nigeria Movement (CNM)…but he has said “This is the new message in town, the new dance in town, the ceremony in town and I will appeal to you to join this ceremony and dance in town. “There may be many ...
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1 February
The Wedding Party 2 rakes in over N500 million within 6 weeks
Nollywood blockbuster movie, The Wedding Party 2 – Destination Dubai (WP2) cost N300 million to produce, excluding marketing and publicity, its producer has revealed. Released on December 15, 2017, WP2 has raked in over N500 million within the six weeks of its release in cinemas, making it the highest-grossing Nollywood film ever, in such a short time of release. Kene ...
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1 February
Fidelity Bank receives BCMS certification to mitigate risk
Fidelity Bank receives BCMS certification to mitigate risk – FIDELITY Bank Plc on Wednesday achieved another feat with Business Continuity Management System (BCMS) and ISMS certifications to improve resilience capabilities and risk management. Mr Nnamdi Okonkwo, the bank’s Managing Director, speaking at the award ceremony in Lagos, said that BCMS demonstrated its commitment to mitigating risk caused by human or natural disasters. ...
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1 February
UBA board approves 2017 audited report, dividend payment
The United Bank for Africa (UBA) Plc Board of Directors has approved the audited report and accounts of the bank for the year ended December 31, 2017. At the board meeting on Monday, the directors also approved the payment of final dividend for the 2017 business year. The bank’s Group Company Secretary, Bili Odum, confirmed the approval of the audited ...
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1 February
Fitch affirms stable outlook on UBA
Fitch Ratings has affirmed the Long Term Issuer Default rating of United Bank for Africa Plc at “B”, with a stable outlook. According to Fitch, the rating of UBA is driven by the standalone creditworthiness of the bank, as defined by its viability rating, which is constrained by Nigeria’s operating environment. In the report issued on Wednesday, Fitch highlighted the ...
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1 February
FG to spend fresh $3.1bn on National Identity
$3.1 billion is what the government wants to spend to achieve digital national identity for all citizens. Vice President Yemi Osinbajo disclosed this yesterday in Abuja at the Stakeholders’ Workshop on Strategic Roadmap for Digital Identity, Eco-system in Nigeria. Osinbajo, represented by the Senior Special Assistant to the President on ICT, Mr. Lanre Osibona, said a World Bank research of ...
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1 February
Oyinlola, Duke unveil Obasanjo’s coalition
Former governor of Osun State, Olagunsoye Oyinlola, and a former governor of Cross Rivers State, Donald Duke, are at the centre of ex- President Olusegun Obasanjo-championed Coalition for Nigeria Movement. It was formally inaugurated on Wednesday in Abuja, with the movement lambasting the Federal Government over “the rising unemployment, insecurity and absence of credible socio-economic programmes” in the country. The coalition, ...
